
Republicans continue to oppose and block the badly needed Build Back Better legislation. Many governors are embracing the future in ways they can to promote clean energy.
Governor Gretchen Whitmer of Michigan today joined state and local officials and representatives from Adopt a Charger and startup electric vehicle wanna-be Rivian* at the first of ~15 EV charging sites to be installed at state parks and a fish hatchery in Michigan during the next few years. Two Rivian Waypoints (sic) chargers were unveiled at the 142-acre state park in Ottawa County.
The state park charger installations deliver on Gov. Whitmer’s announcement in 2021 of a Lake Michigan EV circuit, an electric vehicle route with reliable charging options along Lake Michigan and key tourism clusters, creating “the best new road-trip for EV owners in America.” The Lake Michigan EV Circuit is part of ongoing efforts, such as the Charge Up Michigan program, to employ green technologies throughout the state, including solar-powered amenities, carbon sequestration and numerous efficiencies.
“This partnership to install charging stations in our state parks speaks to the collaborative approach we are taking to grow our economy and address climate change head-on through clean, reliable energy,” said Governor Gretchen Whitmer. “These charging stations along the Lake Michigan EV Circuit build on our rich Pure Michigan tradition of exploration and bringing together communities and businesses to ensure that we honor our past as the place that put the world on wheels and continue to invest in our workforce as we lead the transition to electric vehicles. Together, we will keep growing our economy, creating good-paying jobs, and lowering costs for drivers and working families.”
From Warren Dunes State Park in the southwest corner of the Lower Peninsula, north along the Lake Michigan “gold coast” and additional points inland, an estimated total of 30 chargers are scheduled to be installed as part of the first phase of the project with the next installations beginning in summer and continuing through the year.
Adopt a Charger is a nonprofit organization that will provide technical, marketing and sponsorship support for the operation of the chargers throughout the duration of the agreement. ITC, an electric transmission company, will provide the funding for the electrical use for two years. Consumers Energy, through the Power MI Drive program, is providing the funds to pay for upgrades to the electrical systems at state parks necessary for charger installation.
*Consider the pressure old-line automakers are under: For Q1 2022 Tesla reported $3.22 earnings per share, and revenue of $18.76 billion. Vehicle sales were only 310,048. Moreover, Tesla reported record automotive margins of 32.9%.
GM Q1 2022 earnings report showed financial performance that was down for shareholders – at $1.35 per share, off $0.68 compared year-over-year. Overall, Q1 net earnings of $ 2,939,000,000 came from $11 billion in revenue, with a Net Income margin of 8.2%, down 1.1 ppts. GM’s Q1 market share was 9% on sales of 1.4 million units. Market share was down year-over-year due to semiconductor shortages and lack of dealer inventory. GM has an ambitious strategy that it must execute almost flawlessly to retain its position among other leading global automakers. Thus far old-style equity analysts seem baffled by the strategy and the need to rethink capitalism’s demonstrated failure to protect people and the environment. (GM Q1 $4 billion. Net $2.9B)
As with GM, Ford Motor during Q1 2022 was battered by supply chain disruptions mostly beyond its control, as well as self-created costs from the valuation of its investment in Rivian with a mark-to-market loss of $5.4 billion on the company’s investment – down from $10.6 billion at the end of 2021. Strong customer demand from the ongoing Biden Administration recovery wasn’t helped by GM or Ford’s popular vehicles because of persistent supply chain issues. There is also a looming affordability crisis as prices are reaching record levels. (Ford Motor Blues – Q1 Loss of $3.1 Billion)
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Adopt a Charger, Rivian Installing EV Chargers in MI Parks
Republicans continue to oppose and block the badly needed Build Back Better legislation. Many governors are embracing the future in ways they can to promote clean energy.
Governor Gretchen Whitmer of Michigan today joined state and local officials and representatives from Adopt a Charger and startup electric vehicle wanna-be Rivian* at the first of ~15 EV charging sites to be installed at state parks and a fish hatchery in Michigan during the next few years. Two Rivian Waypoints (sic) chargers were unveiled at the 142-acre state park in Ottawa County.
The state park charger installations deliver on Gov. Whitmer’s announcement in 2021 of a Lake Michigan EV circuit, an electric vehicle route with reliable charging options along Lake Michigan and key tourism clusters, creating “the best new road-trip for EV owners in America.” The Lake Michigan EV Circuit is part of ongoing efforts, such as the Charge Up Michigan program, to employ green technologies throughout the state, including solar-powered amenities, carbon sequestration and numerous efficiencies.
“This partnership to install charging stations in our state parks speaks to the collaborative approach we are taking to grow our economy and address climate change head-on through clean, reliable energy,” said Governor Gretchen Whitmer. “These charging stations along the Lake Michigan EV Circuit build on our rich Pure Michigan tradition of exploration and bringing together communities and businesses to ensure that we honor our past as the place that put the world on wheels and continue to invest in our workforce as we lead the transition to electric vehicles. Together, we will keep growing our economy, creating good-paying jobs, and lowering costs for drivers and working families.”
From Warren Dunes State Park in the southwest corner of the Lower Peninsula, north along the Lake Michigan “gold coast” and additional points inland, an estimated total of 30 chargers are scheduled to be installed as part of the first phase of the project with the next installations beginning in summer and continuing through the year.
Adopt a Charger is a nonprofit organization that will provide technical, marketing and sponsorship support for the operation of the chargers throughout the duration of the agreement. ITC, an electric transmission company, will provide the funding for the electrical use for two years. Consumers Energy, through the Power MI Drive program, is providing the funds to pay for upgrades to the electrical systems at state parks necessary for charger installation.
*Consider the pressure old-line automakers are under: For Q1 2022 Tesla reported $3.22 earnings per share, and revenue of $18.76 billion. Vehicle sales were only 310,048. Moreover, Tesla reported record automotive margins of 32.9%.
GM Q1 2022 earnings report showed financial performance that was down for shareholders – at $1.35 per share, off $0.68 compared year-over-year. Overall, Q1 net earnings of $ 2,939,000,000 came from $11 billion in revenue, with a Net Income margin of 8.2%, down 1.1 ppts. GM’s Q1 market share was 9% on sales of 1.4 million units. Market share was down year-over-year due to semiconductor shortages and lack of dealer inventory. GM has an ambitious strategy that it must execute almost flawlessly to retain its position among other leading global automakers. Thus far old-style equity analysts seem baffled by the strategy and the need to rethink capitalism’s demonstrated failure to protect people and the environment. (GM Q1 $4 billion. Net $2.9B)
As with GM, Ford Motor during Q1 2022 was battered by supply chain disruptions mostly beyond its control, as well as self-created costs from the valuation of its investment in Rivian with a mark-to-market loss of $5.4 billion on the company’s investment – down from $10.6 billion at the end of 2021. Strong customer demand from the ongoing Biden Administration recovery wasn’t helped by GM or Ford’s popular vehicles because of persistent supply chain issues. There is also a looming affordability crisis as prices are reaching record levels. (Ford Motor Blues – Q1 Loss of $3.1 Billion)
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.