HAS BOB LUTZ CHANGED POSITIONS ON EVs?!?

1
00:00:00,000 --> 00:00:04,110
Unknown: After doing a lot of
checking, I just bought a

2
00:00:04,110 --> 00:00:10,290
Cadillac lyric sport. And he
talked about interiors. The

3
00:00:10,290 --> 00:00:16,560
interior is spectacular. And
it's got a 325 mile range, which

4
00:00:16,800 --> 00:00:21,030
still does not make it suitable
for long road trips. And I'm not

5
00:00:21,030 --> 00:00:25,590
about to stand in line for four
or five hours waiting my turn at

6
00:00:25,590 --> 00:00:30,510
a charging station, which is I
think the thing that makes Evie

7
00:00:30,510 --> 00:00:35,790
still kind of a local
proposition when we get when we

8
00:00:35,790 --> 00:00:39,990
get 600 mile batteries or 700
mile batteries, you know, that

9
00:00:39,990 --> 00:00:42,450
issue is going to go away, but
at present, it's still there.

10
00:00:42,810 --> 00:00:48,870
But the Lyric is an absolutely
outstanding vehicle. And in the

11
00:00:48,870 --> 00:00:56,730
first quarter, it outsold all of
the German luxury EVs lets BMW,

12
00:00:56,730 --> 00:01:02,370
Audi, Mercedes Benz and
Volkswagen combined. So the

13
00:01:02,370 --> 00:01:08,310
public is the public is
accepting it in a big way.

14
00:01:08,850 --> 00:01:11,070
That's an outstanding vehicle.
Second, there's

15
00:01:11,070 --> 00:01:13,710
Jeff Sterns: no no doubt Bob,
from a product standpoint, the

16
00:01:13,710 --> 00:01:16,290
Lyric is outstanding. No
question. But I'm a little

17
00:01:16,290 --> 00:01:19,380
surprised to see you with an
electric with some of your

18
00:01:19,980 --> 00:01:21,600
comments in the past Well,

19
00:01:23,820 --> 00:01:27,330
Unknown: electric are at the
beginning of the revolution in

20
00:01:27,330 --> 00:01:32,430
always got 120 years of internal
combustion, it's near perfect.

21
00:01:32,850 --> 00:01:37,290
The fuel is if gasoline hadn't
been invented, we should invent

22
00:01:37,290 --> 00:01:42,660
it now. Because it's it has such
high energy density. But there's

23
00:01:42,660 --> 00:01:47,040
a lot of advantages to EVs,
which are not yet fully

24
00:01:47,040 --> 00:01:50,100
realized. Because we have to
wait for battery technology,

25
00:01:50,130 --> 00:01:54,630
which it will, which it will I
mean, battery breakthroughs are

26
00:01:54,660 --> 00:02:00,180
on the horizon. And in two or
three years, we'll have at fact,

27
00:02:00,240 --> 00:02:06,720
lucid, has a 600 mile battery
today, nobody knows about it. In

28
00:02:06,720 --> 00:02:10,800
Jeff Sterns: general, are you
gas hybrid, or electric? I'm

29
00:02:10,800 --> 00:02:14,670
Unknown: for whatever is a great
vehicle. And I think as I said

30
00:02:15,330 --> 00:02:20,850
to me electric vehicles have
become politicized, you know,

31
00:02:20,850 --> 00:02:27,960
the, the climate change fanatics
in the Save the earthers and the

32
00:02:27,960 --> 00:02:32,490
left wing of the Democratic
Party, etc, etc. are all in on

33
00:02:32,490 --> 00:02:37,320
electrics. And conservatives
have taken a hardcore position.

34
00:02:37,830 --> 00:02:40,710
Like it's almost become like the
Second Amendment, you know,

35
00:02:40,710 --> 00:02:43,860
nobody's gonna take my gas
powered car drove it away from

36
00:02:43,860 --> 00:02:49,320
me. And that's ridiculous. It's
not a political issue. The

37
00:02:49,380 --> 00:02:53,250
mistake the government,
governments around the world

38
00:02:53,250 --> 00:02:57,780
made is trying to force the
technology faster than the

39
00:02:57,780 --> 00:03:02,790
consumer was willing to adopt it
at faster than the technology

40
00:03:03,060 --> 00:03:09,330
made the stuff really good. And
so we're not going to have like,

41
00:03:10,170 --> 00:03:15,240
an overnight switch into
electrics, which every the media

42
00:03:15,570 --> 00:03:18,060
three years ago thought was
going to happen, you know,

43
00:03:18,270 --> 00:03:21,150
everybody's next vehicle was
going to be electric. Well, even

44
00:03:21,150 --> 00:03:23,880
Jeff Sterns: Mercedes said after
a date, I think 24 Or five that

45
00:03:23,880 --> 00:03:26,490
we were going to have no more
gas. But well, yeah,

46
00:03:26,520 --> 00:03:30,720
Unknown: you know, GM has said
the same thing. But as kind of

47
00:03:30,720 --> 00:03:35,880
backpedaled on it a little bit,
which is which is smart. Because

48
00:03:35,880 --> 00:03:40,170
you've finally you cannot
violate the market, the market

49
00:03:40,170 --> 00:03:45,510
is the market and electric
vehicle will gradually increase

50
00:03:45,780 --> 00:03:50,490
their percentages. And in
another 10 years time, we may

51
00:03:50,490 --> 00:03:57,690
see 25% of the market electric
in 30 years time, it may be 50%.

52
00:03:58,260 --> 00:04:02,970
But it's gonna be a gradual
transition now. Will it happen?

53
00:04:03,420 --> 00:04:09,600
I believe absolutely, because in
so many ways, other than the

54
00:04:09,600 --> 00:04:14,490
range issue. But in so many
ways. Electric vehicles are

55
00:04:14,490 --> 00:04:19,920
simply vastly superior to
gasoline. They're slick, they're

56
00:04:19,920 --> 00:04:25,440
silent. They have a lot fewer
moving parts. Things like brakes

57
00:04:25,440 --> 00:04:31,080
don't deteriorate, because the
braking is mostly regenerative

58
00:04:31,230 --> 00:04:40,320
forth. And white right now from
a co2 standpoint, this is this

59
00:04:40,320 --> 00:04:46,140
is the ridiculous thing. They do
not. I keep trying to explain

60
00:04:46,140 --> 00:04:52,290
this to the climate fanatics.
They don't save any co2 Because

61
00:04:53,550 --> 00:05:00,510
85% of America's electric power
is generated by fossil fuel So,

62
00:05:00,960 --> 00:05:07,650
whether the co2 is created at
the energy production plant, or

63
00:05:07,650 --> 00:05:13,440
in the in the, in the, in the
gasoline engine at the tailpipe

64
00:05:13,680 --> 00:05:21,720
it, the planet doesn't care, co2
is the is co2. Now at some

65
00:05:21,720 --> 00:05:27,600
point, we'll have clean nuclear
energy. And then with if we

66
00:05:27,600 --> 00:05:33,180
don't have to burn fossil fuel
to charge our electric vehicles,

67
00:05:33,480 --> 00:05:38,340
then I will buy the argument
that they produce less co2. And

68
00:05:38,340 --> 00:05:40,680
Jeff Sterns: what about the
diesel equipment mining the

69
00:05:40,680 --> 00:05:44,910
materials needed for the
batteries? The diesel equipment

70
00:05:44,940 --> 00:05:48,510
used for mining the metals.

71
00:05:49,860 --> 00:05:53,880
Unknown: I mean, it depends how
far up the train you go. But

72
00:05:53,910 --> 00:05:59,670
even if you go no further than
power generation, it's then you

73
00:05:59,670 --> 00:06:04,140
got transmission losses, because
the power has to be set out. So

74
00:06:04,140 --> 00:06:07,200
there's a certain amount of
loss, then there's a certain

75
00:06:07,200 --> 00:06:12,960
amount of losses when it goes
from your home power outlet into

76
00:06:12,960 --> 00:06:19,470
the electric vehicle. So at the
end of the day, you know, I've

77
00:06:19,470 --> 00:06:24,660
never seen a wheeled well to
wheels comparison, but i The

78
00:06:24,690 --> 00:06:30,840
like fuel cells, fuel cells are
touted to be absolutely zero

79
00:06:30,840 --> 00:06:35,190
emissions, all it comes out of
the tailpipe is water vapor,

80
00:06:35,190 --> 00:06:40,020
etc, etc. But they keep
forgetting that hydrogen does

81
00:06:40,020 --> 00:06:44,550
not exist. In a raw state, it's
got to be created out of

82
00:06:44,550 --> 00:06:49,200
something. So separating the
hydrogen from whatever it's

83
00:06:49,200 --> 00:06:56,130
attached to, requires Guess
what? Energy and taking one

84
00:06:56,130 --> 00:07:01,050
form, and creating another
chemical form requires energy

85
00:07:01,050 --> 00:07:07,140
and that basically requires
creation of co2. Secondly, fuel

86
00:07:07,140 --> 00:07:14,100
cell vehicles need the hydrogen
compressed to 10,000 psi. What

87
00:07:14,100 --> 00:07:18,420
where does the power come from,
to compress all that hydrogen.

88
00:07:18,750 --> 00:07:24,780
So General Motors, we actually
did a well to wheels analysis of

89
00:07:24,840 --> 00:07:30,300
all of the fossil fuels and
energy that are required to go

90
00:07:30,300 --> 00:07:35,400
into a fuel cell. And then did
the miles per gallon equivalent.

91
00:07:35,850 --> 00:07:41,100
And it comes for fuel cells.
Best case, it comes out to about

92
00:07:41,100 --> 00:07:45,600
65 miles per gallon. Well, you
know, that's that's a long way

93
00:07:45,600 --> 00:07:51,330
from zero. And an even so I
think the 65 miles per gallon

94
00:07:51,780 --> 00:07:58,050
was calculated by the rabid fuel
cell of fanatics within General

95
00:07:58,050 --> 00:08:04,710
Motors, who, by the way, led us
down a garden path of millions

96
00:08:04,710 --> 00:08:09,690
of fuel cell GM vehicles on the
road by 2010. Which you know,

97
00:08:09,720 --> 00:08:14,130
manifestly never happened for
good reasons. And then fuel cell

98
00:08:14,130 --> 00:08:18,690
to require all kinds of rare
minerals like palladium and

99
00:08:19,110 --> 00:08:24,270
platinum, and so forth. I mean,
fuel cells, fuel cells that

100
00:08:24,270 --> 00:08:29,880
really down on battery electric
vehicles I'm high on. But we've

101
00:08:29,880 --> 00:08:36,060
got to get the battery energy
density up to where we have

102
00:08:36,570 --> 00:08:42,930
reliable, affordable, at least
600 mile batteries. And charging

103
00:08:42,930 --> 00:08:47,760
stations have to be more
plentiful, more reliable, and

104
00:08:47,790 --> 00:08:53,910
word and charging times. With an
internal combustion engine, you

105
00:08:53,910 --> 00:08:59,520
can put 350 miles into the tank
in five minutes. Even with Eevee

106
00:08:59,520 --> 00:09:06,480
fast charging, you can do maybe
80 miles in 20 minutes. That's

107
00:09:06,480 --> 00:09:12,090
with today's fast chargers. And
talking to people who own

108
00:09:12,090 --> 00:09:17,610
reviens and Tesla's when they
get up to a charging station,

109
00:09:18,120 --> 00:09:21,960
they're usually fourth or fifth
in line. And they have to wait

110
00:09:21,960 --> 00:09:25,890
for everybody else to get there
at miles. And I'm not going to

111
00:09:25,890 --> 00:09:29,340
sit there at some charging
station for hours and hours,

112
00:09:29,670 --> 00:09:34,170
waiting until it's my turn. And
then in my 20 minutes I get my

113
00:09:34,170 --> 00:09:38,820
ad miles. That That just makes
no sense for most people, and

114
00:09:38,820 --> 00:09:39,780
they're quite right.

115
00:09:39,840 --> 00:09:42,840
Jeff Sterns: I think some people
though, will get rich filming

116
00:09:42,840 --> 00:09:46,380
the arguments. Who's next in
line when there's five and

117
00:09:47,580 --> 00:09:50,640
Unknown: well, it's been done.
It's been done and my friends

118
00:09:50,640 --> 00:09:55,830
who have waited in charge in
line say that the atmosphere

119
00:09:55,830 --> 00:10:00,360
gets pretty surly. And watching
everybody's watching The other

120
00:10:00,360 --> 00:10:04,170
guy's car and saying, you got
your 80 Miles get out of here.

121
00:10:05,220 --> 00:10:07,290
Jeff Sterns: Here we have
reminds me of watching a boat

122
00:10:07,290 --> 00:10:09,870
ramp with the husbands and wives
yelling at each other right you

123
00:10:09,870 --> 00:10:17,280
know this has been Jeff Sterns
connected through cars