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At Largest Market: Two-wheeler sales crash to 10-year-low in FY22

By General Posts

Two-wheeler sales crash to 10-year-low in FY22; motorcycles fall below 9 mn
India is the largest manufacturer of two-wheelers and also the largest market for it. (China being second)

One of the primary reasons for this downfall is the spiraling cost of fuel prices.
by John from https://www.newswwc.com/

New Delhi: Rural distress impacted the Indian two-wheeler segment, one of the largest in the world, in a big way that their sales in 2021-22 fell sharply, for the first time in ten years, to 13,466,000 units, as per the latest data from the Society of Indian Automobile Manufacturers (SIAM). It was in 2011-2012 that the two-wheeler sales were close to this number at 13,409,00.

( India’s Financial Year is calculated as from 01-April-2021 to 31-March-2022 )

Throughout the year, demand for motorcycles and scooters was impacted by rural distress and higher ownership cost amidst soaring fuel prices. Sales of two-wheelers, particularly motorcycles failed to gather momentum even during the festive months, leaving the companies burdened with a pile of unsold stocks. As a result, the overall sales of motorcycles fell below the 9-lakh mark for the first time since 2016-2017, SIAM report said.

One of the primary reasons for this downfall is the spiraling cost of fuel prices. Barring two months, petrol prices escalated in almost all months of FY22, sometimes even thrice a month that severely impacted the demand of entry-level motorcycles which is the primary choice of the budget-conscious low-income consumers.

New motorcycle sales are directly correlated with fuel prices, as 62% of the country’s fuel sales are consumed by the two-wheeler segment.

According to market experts, spike in auto fuel prices has triggered the rate of deferment majorly among the consumers of below 125cc two-wheelers that hold about 80% of the total market. Besides, shortage of semiconductors and high container charges have also deterred the production levels of OEMs.

Besides, frequent price hikes by the OEMs to overcome the spike in input cost coupled with moderation in rural demand hugely deterred the buying sentiments of consumers.

Additionally, electric vehicle demand continues to witness pickup in the states with higher government incentives like Maharashtra, Gujarat, Delhi, Karnataka etc., which are also key markets for conventional two-wheelers.

All the segments except the two wheelers are in green. Passenger vehicle sales grew 13.2% to 30,69,499 units in FY 22 compared to 27,11,457 units in FY21. Sales of passenger cars stood at 14,67,056 units, utility vehicles at 14,89,178 units and vans at 1,13,265 units.

As fuel prices skyrocket and concerns grow over the running cost of petrol and diesel vehicles, the electric vehicles market has quietly started to build up. As fiscal 2021-22 came to a close, the green brigade — still small in numbers — seems to be coming of age, also charged by government subsidies.

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Mandate Madness: Latest Episode of Bandit’s Cantina

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Bandit’s Cantina Episode 98: Mandate Madness
Trying Business Survival in Los Angeles
By Bandit with George Fleming and Jon Towle Illustrations

Between Covid and multiple mandates, the Cantina business model imploded. It was no longer about food and parties. It was all about survival. Every Monday morning the staff met to discuss how to get through the next week.

More and more young loners came to the Cantina to help or hide out. Walker’s Café on Pt. Fermin closed after almost 70 years as a coastal biker hangout. Between break-ins and anti-fossil fuel zealots Bikers were no longer allowed to ride along the scenic winding coast.

Brothers who needed cash sold extra parts in a small swap area in the Cantina garages. Some gave parts to the Cantina to sell to pay the bills, others brought stuff to sell and split with the Cantina.

CLICK HERE To Read Latest Episode of Bandit’s Cantina – The Series.

Join the Cantina to catch-up on this incredible journey.

Click Here to Sign-up before the 100th Episode Milestone.

Electric Cars Can Kiss My Ass

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Eclectic article on Electrifying Changes in Our Lives

by the Wicked Bitch

Here it from the lady who has driven everywhere and tweaked the vehicle to get anywhere. ‘Charge’ up your courage and decide the road for your own fate.

“My dad bragged that I could tell a Ford from a Chevy by the time I learned to walk.. and when i did learn to walk, I left tiny handprints in the dust of an old yellow Volkswagen bug in the corner of the shop.”

CLICK HERE To Read this “Heart to Kickin’ Butt” article on Bikernet.com

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NCOM Biker Newsbytes for March 2022

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Industry & Legislative Motorcycle News from USA and the world

Compiled & Edited by Bill Bish

National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world.

In this bulletin:

  • MOTORCYCLISTS HELP OUT UKRAINE
  • E.U. BANS MOTORCYCLE EXPORTS TO RUSSIA
  • U.S. TRAFFIC FATALITIES / FATALITY RATE HIGHEST IN A DECADE
  • ARIZONA LEGISLATURE APPROVES LANE FILTERING
  • NEW HAMPSHIRE LEGISLATOR CLAIMS BEING PROFILED FOR RIDING A MOTORCYCLE
  • MOTORCYCLES ARE GOOD FOR YOUR BRAIN AND BODY
  • SMART MOTORWAY FAILS
  • 2022 NCOM CONVENTION – NEW DATES & LOCATION ANNOUNCED

CLICK HERE To Read the March 2022 NCOM Newsbytes on Bikernet.com

The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE).

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NCOM Biker Newsbytes for February 2022

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Industry & Legislative Motorcycle News from USA and the world
Compiled & Edited by Bill Bish

National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world.

  • U.S. MOTORCYCLE SALES CONTINUE UPWARD TREND
  • BUMPER YEAR FOR BIKING DESPITE REPEATED COVID THREATS
  • BRACE FOR DAMAGED SUPPLY CHAIN RECOVERY
  • STUDY SHOWS THAT ETHANOL IS WORSE FOR THE CLIMATE THAN GASOLINE
  • RHODE ISLAND PROPOSES TAX CUT FOR MOTORCYCLE RIDERS
  • UK DECARBONIZATION PLAN EYES E-BIKES
  • DANES FACE MOTORCYCLE CONFISCATION FOR ‘INSANE’ RIDING
  • RESEARCHERS FIND DRIVERS AND RIDERS SEE DIFFERENTLY

CLICK HERE To Read the February 2022 NCOM News on Bikernet.com

ABOUT AIM / NCOM: The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE).

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NCOM Biker Newsbytes for January 2022

By General Posts

Industry & Legislative Motorcycle News from USA and the world

Compiled & Edited by Bill Bish with photos from the Bob T. Collection

National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world.

ABOUT AIM / NCOM: The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE).

CLICK HERE To Read the latest NCOM News on Bikernet.com

CLICK Here to Subscribe to our Free Weekly Newsletter

Try the Climate Quiz by CO2 Coalition

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The Great Climate Change Debate is one of the “hottest” issues before the public and policy makers today.

How much do you know about the subject?

Or possibly, the real question is one attributed to American humorist Will Rogers: “It ain’t what you don’t know that gets you into trouble, it’s what you know for sure that just ain’t so.”

Find out your Climate IQ by taking our Climate Quiz: the answers may surprise you.

CLICK HERE To Take the Climate Quiz Now

The CO2 Coalition was established in 2015 as a 501(c)(3) for the purpose of educating thought leaders, policy makers, and the public about the important contribution made by carbon dioxide to our lives and the economy.

NCOM Biker Newsbytes for December 2021

By General Posts

Industry & Legislative Motorcycle News from USA and the world
Compiled & Edited by Bill Bish

National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world.

The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE).

CLICK HERE To Read the December 2021 News from NCOM

Join the Cantina – CLICK HERE To Subscribe

Aptera Motors Beta Vehicle

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Happy Holidays from Beta!

It’s been a BUSY last few weeks for Aptera. We’ve been hard at work building our first Beta vehicles and now we can gladly say the long hours have paid off. We achieved our goal of taking our first drive in Beta before year’s end and we cannot wait to share more footage with the entire Aptera family soon!

Over the last few weeks, we finished the assembly and fine tuning of our very first Beta, which includes impressive improvements in the front and rear suspension as well as neater cable routing of our in-wheel motors. This first Beta will be used for vehicle dynamics testing and for the validation of our suspension design.

WHO’S READY TO SEE IT ON THE TRACK?

Because of your incredible support of Aptera, this is just one of many milestones we hit in 2021. We now have over 150 employees, 15,000 future Aptera owners and over 8,000 Aptera shareholders from all over the world. We are so humbled by the support of so many people who share our commitment to building the world’s most efficient transportation.

We are stepping into the New Year with a lot to be grateful for and much excitement for the year ahead.

BEST WISHES TO YOU FROM THE ENTIRE APTERA FAMILY!

Still need a last minute holiday gift? You can get 50% off an Aptera pre-order reservation (a value of up to $50) for a loved one until the end of the year. Use promo code HOLIDAY50 at checkout to qualify. And don’t forget, our fundraising round will also be closing on December 31 at midnight.

WEBSITE : https://www.aptera.us/

Climate Dogma Killed Biden’s “Build Back Better”

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by Michael Shellenberger

A half trillion dollars to subsidize renewables would have raised energy prices, worsened inflation, and undermined decarbonization. But what do we do now?

The centerpiece of President Joe Biden’s legislative agenda is dead. Senator Joe Manchin today announced that he could not support Biden’s “Build Back Better” legislation which consisted of $1.7 trillion in new spending and would have added $158 billion to the national debt over the next decade, according to the nonpartisan Congressional Budget Office. The largest component of spending, $570 billion, was for renewables, electric cars, and other climate change investments.

Progressives, environmentalists, and Democrats are furious with Sen. Manchin, but it was their own climate and renewables dogmatism that doomed the legislation. Democratic Senators could have written legislation that expanded nuclear energy and natural gas, the two main drivers of decarbonization, which are strongly supported by Manchin, and Republicans, but instead investments went overwhelmingly to solar panels, wind turbines, and electric cars.

It’s true that there were good things in Build Back Better, and that one of the worst climate provisions, the Clean Energy Performance Program, was already removed. Build Back Better included a tax credit for existing nuclear power plants, funding for advanced nuclear fuels, funding for fusion R&D, and financial support for communities hurt by the transition to renewables.

But the money for nuclear would not have made much if any difference to the operating of nuclear plans. Nuclear plants in California, Massachusetts and New York are being shut down, despite already being profitable, for ideological reasons. Legislatures in less anti-nuclear states like Illinois, New Jersey, and Connecticult step in to save their plants when they need to. And higher electricity prices due to natural gas shortages are making nuclear plants in other states even more profitable.

Of Build Back Better’s $550 billion for climate and energy, the vast majority of it was for weather-dependent renewables and their enabling infrastructure, including $29 billion for a “green bank” program to finance renewables and $10 billion for rural electric cooperatives to switch to renewables. Such subsidies were being offered despite years of false claims by many of the legislation’s sponsors and advocates that solar and wind were already cheaper than grid electricity.

Most dangerously, Build Back Better would have undermined electricity reliability, raised energy prices, and made the U.S. more dependent on foreign energy imports. Over-reliance on weather-dependent renewables in Texas and California, and under-investment in reliable, weather-independent nuclear and natural gas plants, led directly to deadly blackouts in those states.

I testified as much to this problem to Manchin’s Senate Commitee on Energy and Natural Resources, and Sen. Manchin made clear today that the role of renewables in making electricity expensive and unreliable was one of his top concerns. “The main thing that we need is dependability and reliability,” he said this morning. “If not, you’ll have what happened in Texas and California.” In his statement, Manchin said, “If enacted, the bill will also risk the reliability of our electric grid and increase our dependence on foreign supply chains.”

Adding weather-dependent energy sources can only make grids more resilient if significantly more money is spent maintaining reliable power sources to make up for their lost revenue and lost operation hours. That’s what Germany has done, deciding to burn more coal rather than continue operating its nuclear plants, which it’s shutting down, or rely too heavily on imported natural gas.

Manchin is also right that Build Back Better would increase dependence on energy imports. Over 80% of the world’s solar panels are made in China by incarcerated Uighyr Muslims living in concentration camps and against whom the Chinese government is committing “genocide,” according to the U.S. State Department.

Build Back Better contained incentives for the return of solar manufacturing to the U.S., but they were far too small to compete with solar panels made by incarcerated people in China’s already-built and heavily-subsidized mega-factories. Nor did they deal with the coming solar panel waste crisis.

“We have been energy independent for the first time for the first time in 60, 70 years or more,” noted Manchin, “and we should not have to depend on other parts of the world to give us the energy, or be able to hold us hostage for the energy, or the foreign supply chains that we need for the products we need every day.”

Everywhere in the world that solar and wind are deployed at scale they increase electricity prices dramatically. California increased its electricity prices seven times more than the rest of the U.S. over the last decade. Germany has the highest electricity prices in Europe, and is breaking new records with the energy shortage caused by lack of adequate natural gas supplies globally.

And now the entire world is paying the price of climate alarmism and renewables dogmatism. Climate shareholder activism and the ESG “sustainable” investment movement caused governments and private sector actors to underinvest in oil and gas production and over-invest in weather-dependent renewables. The result is historic shortages of natural gas and oil.

For the last several weeks Europen and Asian nations have been breaking records for the cost of electricity, due to shortages of natural gas supplies. Oil prices are set to rise to $125 per barrel next year and $150 in 2023, and U.S. winter natural gas prices will be 30% higher this year. Even nuclear-heavy France, which became over-invested in renewables and natural gas, and under-invested in nuclear, is seeing record electricity prices.

But what then, does it mean for climate change? And what should be done to safeguard American energy supplies going forward?