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 > Why is the Hemi Going Away

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Reisender

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Posted: 06/11/23 09:04am Link  |  Quote  |  Print  |  Notify Moderator

StonedPanther wrote:

Reisender wrote:

Electric cars are the number one selling cars in the world.


What? In 2022 EV sales worldwide made up @ 14% of all car sales. In the US that number was somewhere a little north of 7%. Buying compliance credits from themselves makes no economic sense whatsoever One could argue that compliance credits in general make no sense whatsoever, no matter who is buying or selling them or mandating them to begin with.


Sure. But the number one selling car is electric. Not gas. The Tesla model Y dethroned the Toyota Corolla as the number one selling car this year. The rest is just production. As production ramp up. That takes time.

I can’t figure out the compliance credits either. I just don’t understand why they would buy them from another company when they could just generate their own by making electric vehicles. Weird.

rjstractor

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Posted: 06/11/23 10:21am Link  |  Quote  |  Print  |  Notify Moderator

Reisander wrote:


Ok. But can’t Stellantis just make some cars that generate the same compliance credits and buy them from themselves? Electric cars are the number one selling cars in the world. Wouldn’t it make sense for Stellantis to make some and get the credits?


That's exactly why the Hemi is going away- to help increase the CAFE numbers so that Stellantis (or whomever owns Chrysler this week) doesn't have to pay for the carbon credits. It will be interesting to see if Tesla continues to be profitable after they are no longer selling carbon credits. I imagine they will, since they were able to leverage the profits from selling the credits to accelerate R&D of models like the Y.

I kind of agree with StonedPanther on the general silliness of compliance credits- nothing but an environmental shell game. Kind of like destroying a wetland area but "creating" another wetland 50 miles away to make up for it.

FishOnOne

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Posted: 06/11/23 11:43am Link  |  Quote  |  Print  |  Notify Moderator

rjstractor wrote:

Reisander wrote:


Ok. But can’t Stellantis just make some cars that generate the same compliance credits and buy them from themselves? Electric cars are the number one selling cars in the world. Wouldn’t it make sense for Stellantis to make some and get the credits?


That's exactly why the Hemi is going away- to help increase the CAFE numbers so that Stellantis (or whomever owns Chrysler this week) doesn't have to pay for the carbon credits. It will be interesting to see if Tesla continues to be profitable after they are no longer selling carbon credits. I imagine they will, since they were able to leverage the profits from selling the credits to accelerate R&D of models like the Y.

I kind of agree with StonedPanther on the general silliness of compliance credits- nothing but an environmental shell game. Kind of like destroying a wetland area but "creating" another wetland 50 miles away to make up for it.


Just another version of the gas guzzler tax in which manufacturers usually were willing to except for their showcase cars that were implemented to build excitement with the brand and were typically low volume.

In the case of the Hemi it sounds like Chrysler/Stellantis is having to pay millions for the credits since this engine is their primary powerplant.


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free radical

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Posted: 06/11/23 02:41pm Link  |  Quote  |  Print  |  Notify Moderator

Reisender wrote:

StonedPanther wrote:

Reisender wrote:

Electric cars are the number one selling cars in the world.


What? In 2022 EV sales worldwide made up @ 14% of all car sales. In the US that number was somewhere a little north of 7%. Buying compliance credits from themselves makes no economic sense whatsoever One could argue that compliance credits in general make no sense whatsoever, no matter who is buying or selling them or mandating them to begin with.


Sure. But the number one selling car is electric. Not gas. The Tesla model Y dethroned the Toyota Corolla as the number one selling car this year. The rest is just production. As production ramp up. That takes time.

I can’t figure out the compliance credits either. I just don’t understand why they would buy them from another company when they could just generate their own by making electric vehicles. Weird.

Fwiw
Stelantis is begging Canadian Gov to lend/give em milions $ so it can build battery factory in Windsor Ontario.

free radical

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Posted: 06/11/23 03:20pm Link  |  Quote  |  Print  |  Notify Moderator

rjstractor wrote:

Reisander wrote:


Ok. But can’t Stellantis just make some cars that generate the same compliance credits and buy them from themselves? Electric cars are the number one selling cars in the world. Wouldn’t it make sense for Stellantis to make some and get the credits?


That's exactly why the Hemi is going away- to help increase the CAFE numbers so that Stellantis (or whomever owns Chrysler this week) doesn't have to pay for the carbon credits. It will be interesting to see if Tesla continues to be profitable after they are no longer selling carbon credits. I imagine they will, since they were able to leverage the profits from selling the credits to accelerate R&D of models like the Y.

I kind of agree with StonedPanther on the general silliness of compliance credits- nothing but an environmental shell game. Kind of like destroying a wetland area but "creating" another wetland 50 miles away to make up for it.

I dont care to get into argument about enviroment,but right now theres about 150 forest fires burning in Canada due to very dry hot weather sending smoke all the way to NYC making breathing very dificult.
Maybe its normal,maybe result of human created polution I dont know.
Anyhow
My next car will be Tesla so dont need to buy expensive gasoline and breathe poisonous exhaust fumes.

Maybe we need electric trains everywhere to reduce polution
This is how you Build Back Better [emoticon]

https://youtu.be/BCLuWr1iHok

NamMedevac 70

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Posted: 06/11/23 05:00pm Link  |  Quote  |  Print  |  Notify Moderator

Hey freeRAD here is interesting read on your comment. Enjoy

https://www.msn.com/en-us/money/markets/joe-biden-s-electric-car-dream-is-a-lie/ar-AA19UtBK?ocid=msedgntp&cvid=766047dae5654ce6da171ee70bded98d&ei=60

* This post was edited 06/11/23 11:07pm by NamMedevac 70 *

StonedPanther

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Posted: 06/11/23 05:27pm Link  |  Quote  |  Print  |  Notify Moderator

free radical wrote:


My next car will be Tesla so dont need to buy expensive gasoline and breathe poisonous exhaust fumes.


So you can buy expensive electricity, 79% of which is generated from either fossil fuel or nuclear power, instead of expensive gasoline. My electric generation rates per KWH have increased by @ 20% each of the last two quarters. My $175.00 monthly bill from last June is now up to $230.00 and I used about 25% less this period than last year, and they've petitioned the IURC here for another rate increase come September.
Good Luck with it. Another shell game.

Cummins12V98

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Posted: 06/11/23 07:52pm Link  |  Quote  |  Print  |  Notify Moderator

Plain and simple V8's are now EVIL!!!

Really sad as they made BIG bucks on those muscle cars.


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JaxDad

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Posted: 06/12/23 06:07am Link  |  Quote  |  Print  |  Notify Moderator

free radical wrote:

My next car will be Tesla so dont need to buy expensive gasoline and breathe poisonous exhaust fumes.


While that may be true for some parts of the world, like Canada with a huge percentage of its electricity produced by hydroelectric, it’s certainly not true of our neighbours to the south.

In the US 65% of all electricity is generated by burning coal, natural gas or oil.

Grit dog

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Posted: 06/12/23 07:46am Link  |  Quote  |  Print  |  Notify Moderator

free radical wrote:

rjstractor wrote:

Reisander wrote:


Ok. But can’t Stellantis just make some cars that generate the same compliance credits and buy them from themselves? Electric cars are the number one selling cars in the world. Wouldn’t it make sense for Stellantis to make some and get the credits?


That's exactly why the Hemi is going away- to help increase the CAFE numbers so that Stellantis (or whomever owns Chrysler this week) doesn't have to pay for the carbon credits. It will be interesting to see if Tesla continues to be profitable after they are no longer selling carbon credits. I imagine they will, since they were able to leverage the profits from selling the credits to accelerate R&D of models like the Y.

I kind of agree with StonedPanther on the general silliness of compliance credits- nothing but an environmental shell game. Kind of like destroying a wetland area but "creating" another wetland 50 miles away to make up for it.

I dont care to get into argument about enviroment,but right now theres about 150 forest fires burning in Canada due to very dry hot weather sending smoke all the way to NYC making breathing very dificult.
Maybe its normal,maybe result of human created polution I dont know.
Anyhow
My next car will be Tesla so dont need to buy expensive gasoline and breathe poisonous exhaust fumes.

Maybe we need electric trains everywhere to reduce polution
This is how you Build Back Better [emoticon]

https://youtu.be/BCLuWr1iHok


OMG, stop crying…:


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