Mercedes

Friday

Robert Bryce

The drive toward electric cars has been a disaster

Just two years ago, Mary Barra, chief executive of General Motors, declared: “We believe in an all-electric future.” She went on to claim that the challenges her company was facing in the EV market were merely temporary bumps on the road to net zero. But as Bob Dylan famously observed, things have changed. On January 8, GM announced it would take a $7.1 billion hit in charges against its earnings, of which $6 billion is due to Barra’s failed EV strategy. In a filing with the SEC, the company also warned that it would take more write-downs this year as part of a “strategic realignment of EV capacity.” The car companies made 5.4 million EVs in three years – and incurred an astonishing $20,887 loss on each one GM’s move came less than a month after Ford Motor Co.

Monday

Teresa Mull

Forget trains: American car culture is worth defending

Had Amtrak come to a screeching halt this week, as it was on the verge of doing, most Americans would not have noticed. Of those workers who still commute to in-person jobs, 76 percent drive their own cars, 10 percent ride a bike, and only 11 percent use public transportation. Other countries tend to give us a bad rap for our car-loving ways. Most of us — nine in 10 Americans over the age of 16 — drive. And we drive a lot: 59 minutes and 30 miles a day, on average. We’re on the road twice as much as our friends in France, Germany, and Great Britain. So when non-American critics blame climate change on our driving habits, I can’t help but think they’re just plain jealous. Here’s the thing about America: it’s huge. That means people can spread out, and we have.