Page 2 of 4 FirstFirst 1234 LastLast
Results 11 to 20 of 32

Thread: Volt No Jolt: LG Chem Employees Idle

  1. #11
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

    Re: Volt No Jolt: LG Chem Employees Idle

    Quote Originally Posted by GhostlyJoe View Post
    I'm not at all dogmatic on this issue, but it seems to me that subsidies can help create demand for products like electric cars, which will become more attractive as adoption increases. Not only will economies of scale make the price more attractive, as an infrastructure develops to accommodate electric vehicles and as marketing begins to promote them to the masses, I would expect demand to go way up. An initial subsidy could spur that process, no?
    we're going into our 3rd year of the Chevy Volt...I don't think we can hide behind the adoption process much longer.

    can subsidies help spur demand?.. sure, if done correctly.
    I'm not sure we can argue that handing out millions so workers can sit on their butts playing cards is effective subsidizing, though.

    some other subsidized battery company just recently went under.. because of having little/no demand for their product.... now we hear about this heavily subsidized company having the same problem with demand.

    when this car is selling less than 20,000 units a year... a huge, heavily subsidized battery infrastructure doesn't seem like a smart item to be spending federal tax dollars on.

    .

  2. #12
    Sage
    Born Free's Avatar
    Join Date
    Sep 2011
    Location
    Sonny and Nice
    Last Seen
    Today @ 12:49 PM
    Lean
    Conservative
    Posts
    6,396

    Re: Volt No Jolt: LG Chem Employees Idle

    Quote Originally Posted by poweRob View Post
    Why in the hell do you people march in lockstep with this hate for new technology? Makes no sense.
    No one is against new technology, just the wrong kind of new technology. You do know that there is not one green anything that can compete with coal or natural gas. So all this solar and wind is not competitive, nor are these electric cars or half electric. Billion of tax payer dollars are funding these none competitive green ideas, that cannot compete. T Boone proved that by loosing millions on windmills and is now promoting natural gas as the future energy. Obama's tax dollar companies are going bankrupt, why, they can't compete.

    Now I am all for green, but I am only for putting dollars into science only to assist in accomplishing the real goal of replacing oil. Wind and solar only make electricity, and we have a thousand yrs of coal and natural gas to make electricity. Electricity will not fly our planes, push our ships, trains, heavy trucks, heavy equipment etc etc etc.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

  3. #13
    Sage
    minnie616's Avatar
    Join Date
    Feb 2012
    Last Seen
    Today @ 06:13 PM
    Gender
    Lean
    Independent
    Posts
    14,953

    Re: Volt No Jolt: LG Chem Employees Idle

    Just a reminder:

    The first cell phones cost about $4,000 each.


    "The brick" weighed 2 pounds, offered just a half-hour of talk time for every recharging and sold for $3,995.

    Clunky and overpriced?

    First cell phone a true 'brick' - Technology & science - Wireless | NBC News
    When it comes to matters of reproduce health, Politicians and the religious dogma of another faith should never interfere with religious liberty of an individual or her faith.

  4. #14
    Sage
    Born Free's Avatar
    Join Date
    Sep 2011
    Location
    Sonny and Nice
    Last Seen
    Today @ 12:49 PM
    Lean
    Conservative
    Posts
    6,396

    Re: Volt No Jolt: LG Chem Employees Idle

    Quote Originally Posted by minnie616 View Post
    Just a reminder:

    The first cell phones cost about $4,000 each.




    First cell phone a true 'brick' - Technology & science - Wireless | NBC News
    Just a reminder:

    Electronics, computers, smart phones, tablets and the like, is not a replacement for oil.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

  5. #15
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

    Re: Volt No Jolt: LG Chem Employees Idle

    Quote Originally Posted by poweRob View Post
    Myth 1: The Volt is a Sales flop, selling a fraction of what is required to make it a success.

    Busted: The Volt is now selling three times the number needed to breakeven (see myth 4 for details). In fact in August the Volt was outselling 50 percent of all car models on the North American market and is now outselling every single hybrid model sold by BMW, Ford, Honda, and Volkswagen. The Volt is also well in front of the adoption curve of another “new kid” when they first arrived, the Toyota Prius.
    link...


    Myth 4: The Volt is selling for $49,000 less than it cost to make.

    Busted, and busted again: This myth has been around for a while. The idea behind it is to present any Volts sales success as a bad thing that is costing GM big money.

    ...the Volt is actually on the cusp of break even at this sales pace. What this means is, excluding R&D costs GM is making money with each Volt sold, possible to the tune of $10,000 or more.
    well, if a Commercial pilot instructor says so.. it must be true

  6. #16
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

    Re: Volt No Jolt: LG Chem Employees Idle

    So, Rob.. explain how all these workers sitting around on their asses playing cards on the taxpayers dime is a good thing.

    I'm dying to hear this.

  7. #17
    Sage

    Join Date
    Oct 2011
    Last Seen
    07-25-17 @ 12:35 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,878

    Re: Volt No Jolt: LG Chem Employees Idle

    Just some random thoughts on this…for years cars were basically four owner endevours. The ‘I like brand new cars ($25k+)’, the ‘one owner buyers (40-60k miles, $15-20k), the ‘good deal folks’ ($8-15k) and the ‘beaters’ (what ever is cheap, runs) who will run the wheels off. As manufacturing got better (engines, tires, bodies) the ‘one owners’ and ‘good deal folks’ consolidated. These classes of auto buyers also follow socioeconomic classes somewhat. I’m not sure how this works out for the adoption of the electric car from a durability standpoint. For instance after the middle class folks ‘use up’ their utility in an electric car will it still be serviceable for the ‘beater’ class? How will the ‘beater’ class be able to afford the ‘middle class’ prices when they can’t now? If gas prices get higher how will the ‘beater’ class be able to save enough to move into the ‘middle class’?

    As to the battery manufacturers…one of the major drawbacks with wind/solar power is storage. It would seem that there should be a market niche for them to produce more battery product thus with the volume increase reduce the unit cost thus helping make wind/solar more affordable AND workable and in turn assisting reducing the elec car prices also. IF we are going to continue to subsidize (which I am firmly against) this we should be smart enough to make it sustainable or are neither EC or wind/solar just so unpopular to support our manufacturing capacity?
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

  8. #18
    Sage
    minnie616's Avatar
    Join Date
    Feb 2012
    Last Seen
    Today @ 06:13 PM
    Gender
    Lean
    Independent
    Posts
    14,953

    Re: Volt No Jolt: LG Chem Employees Idle

    The government is investigating the LG worker claims:


    But at least two federal agencies within the Obama administration -- the Energy Department itself and the Recovery Accountability and Transparency Board, which oversees the stimulus program --
    forwarded the case to the Energy Department's inspector general for review, FoxNews.com confirmed late Friday.


    "The Energy Department takes these allegations very seriously and has asked the Energy Department's Inspector General to investigate the matter to determine whether the company's requests for partial reimbursement of expenses under the grant have been legitimate," an Energy Department spokeswoman said in a statement. "The department is committed to ensuring that every taxpayer dollar is spent appropriately to achieve the goal of building a competitive, advanced battery industry in the U.S."

    The spokeswoman said any expenses found not to be "legitimate work" under the grant will have to be reimbursed to the government.

    It's unclear how much of the $150 million grant has been tapped to date. Under the terms, the company is supposed to match its federal grant money dollar for dollar, and is reimbursed in increments.

    The facility has been supported in the past by members of both parties.

    It also has received sizeable tax breaks from the local government.

    A spokesman for the LG Chem plant told FoxNews.com last week that battery production is expected to pick up once Volt assembly lines in Detroit resume production this month. He said the facility has spent the past two years building infrastructure and conducting pre-production "test runs."

    "The market conditions haven't been as favorable, but this hasn't slowed down plans one bit," Randy Boileau said.
    "LG Chem has repeatedly said that this facility is a critical component for them globally."

    Read more: Watchdog asked to investigate stimulus-backed battery plant after claims of idle workers | Fox News
    When it comes to matters of reproduce health, Politicians and the religious dogma of another faith should never interfere with religious liberty of an individual or her faith.

  9. #19
    Sage
    poweRob's Avatar
    Join Date
    Sep 2011
    Last Seen
    Today @ 06:01 PM
    Gender
    Lean
    Progressive
    Posts
    35,099

    Re: Volt No Jolt: LG Chem Employees Idle

    Quote Originally Posted by Thrilla View Post
    So, Rob.. explain how all these workers sitting around on their asses playing cards on the taxpayers dime is a good thing.

    I'm dying to hear this.
    I don't think that's a good thing. People are looking for any reason to torpedo the Volt and I'm not buying into that. I think they should keep that crap from happening but nit-picking for any reason to sink everying altogether... I'm not about that.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  10. #20
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

    Re: Volt No Jolt: LG Chem Employees Idle

    Quote Originally Posted by poweRob View Post
    I don't think that's a good thing. People are looking for any reason to torpedo the Volt and I'm not buying into that. I think they should keep that crap from happening but nit-picking for any reason to sink everying altogether... I'm not about that.
    yeah, I can get behind that.

    but ,really, that's what's going to happen when it becomes a political issue ( on many fronts)

    I don't see much sense in torpedoing the Volt... and I don't see much sense in overstating it either.

    the Volt is a pretty cool car... it has promise... but it's ownership costs are way too steep.
    it makes no economic sense to choose a Volt over a Prius or even the Leaf ... none.

Page 2 of 4 FirstFirst 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •