Is Volvo Leaping into the Future or Jumping off a Cliff?

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Is Volvo Leaping into the
Future or Jumping off a Cliff?

http://profitabletradingtips.com/profitable-trading-tips/is-volvo-leaping-into-the-future-or-jumping-off-a-cliff
Volvo is going to phase out
conventional engines and move to
electric and hybrid.

This starts in the 2019 model year. Is
Volvo leaping into the future or
jumping off a cliff?

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Before We Continue…

the new york times writes about what
Volvo plans to do.

volvo cars became the first
mainstream automaker to sound the
death knell of the internal combustion
engine

saying on wednesday that all the
models it introduces from 2019 will
be either hybrids or powered solely
by batteries.

the decision is the boldest
commitment by any major car
company to technologies that
currently represent a small share of
the total vehicle market

but that are increasingly viewed as
essential to combating climate
change and urban pollution.

while most major automakers offer
hybrids and battery-powered
options, none of them have been
willing to forsake cars powered solely
by gasoline or diesel fuel.

on the contrary, united states
automakers have continued to churn
out s.u.v.s and pickup trucks, whose
sales have surged because of
relatively low fuel prices.

When we wrote about Tesla going to
mass production on our sister
site, profitableinvestingtips.com

we noted that a car maker needs to
make money to stay in business and in
the case of Volvo forsaking long term
gasoline engine users could come with
a cost.

a lot of quality car companies have
gone away over the years.

to profit in the auto industry you need
to keep producing excitement,
quality, competitive price and volume
as needed.

you need to avoid labor issues as
well.

And if your customers want a cheaper
car that burns gasoline you may be
hurting yourself by going to electric
and hybrid.

Volvo is owned by a Chinese company,
Zhejiang Geely Holding Group so you
cannot buy or sell this stock but you
can watch to see if Volvo is leaping
into the future or jumping off a cliff in
its move to electric.

Will Electric Cars be
Profitable?

Car sharing is becoming more and
more common as the price of cars
rises.

And self-driving cars are adding
another question to the mix.

Now electric cars promise to reduce
gasoline pollution at the price of more
expensive cars.

Will companies like Tesla and now
Volvo be able to make it when they are
not offering a gasoline powered
option?

business insider discusses how
the electric car will be the future
of transportation.

in 1899 and 1900, electric vehicles
outsold all other types of cars.

in fact, 28 percent of all 4,192 cars
produced in the us in 1900 were
electric, according to the american
census.

and the total value of electric cars
sold was more than gasoline and
steam powered cars combined that
year.

while electric car makers experienced
some success into the 1920s,
production peaked in 1912.

by this time, henry ford’s mass
production of internal-combustion
engines made gas-powered cars
significantly cheaper than electric
cars.

for example, in 1912 an electric
roadster priced at about $1,750,
whereas a gas-powered car cost only
$650.

Because gasoline powered cars were
cheaper to mass produce they
displaced electric entirely by the
1930s.

The electric car started making a
comeback with pollution control and
now will be a necessity for car
companies.

However, there is a long history of
companies making electric cars and
then going out of business or going
back to gasoline.

The jury is still out on whether Volvo
is leaping into the future or jumping
off of a cliff.

Is Volvo Leaping into the Future or Jumping off a Cliff?

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Is Volvo Leaping into the Future or Jumping off a Cliff?