Three of the biggest producers of electric vehicles are reportedly set to pump the brakes on production, citing a bad economy and higher interest rates thanks to Joe Biden’s bad economic poIicies.
Tesla, General Motors, and Ford all have said they plan to slow production essentially until the economy shows some signs of settIing down.
Tesla CEO Elon Musk joined General Motors and Ford in voicing concerns that high-interest rates on car purchases would prevent borrowers from securing financing for expensive electric vehicles. Musk said, People hesitate to buy a new car if there’s uncertainty in the economy. I don’t want to be going into top speed into uncertainty.
Musk also is planning to take a wait-and-see approach to the economy before ramping up the planned Tesla factory in Mexico. Musk’s comments came after poor quarterIy results across the board.
Not only were Tesla’s sales down, but so were earnings per share and vehicle production.
General Motors, for their part, has plans to delay production of the eIectric Silverado and GMC Sierra pickup trucks by a year, citing flattening demand for the electrified vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currently builds the electric F-150 Lightning pickup truck. The automaker made this decision following a summer where they took some of the focus off of electric, instead looking toward commercial fIeet vehicles and hybrids.
Here’s What a Handshake Symbol on a Parking Space Means
Life is everchanging. It seems to become more chaotic the older we get and the more industrialized we as a society become. So, going into stores or malls isn’t as feasible as it once was. Consequently, online shopping has become more common, and in many cases, is the new normal.
Although online shopping is much more convenient, there are some downsides including the possibility of not getting exactly what you thought you were buying. Additionally, more intense downsides exist, such as safety concerns. To combat some of these concerns and ensure safety, Pembroke, Ontario, a small city in Canada, is using a handshake symbol as a new solution to ensure safety. Their idea, while unconventional, could prove to ensure the safety of thousands of shoppers. If proven successful, Pembroke may transform the way people undertake online shopping.
Handshake Symbols Represent Safety
A handshake symbol is showing up in parking spaces all over the city. Pembroke’s police department, Pembroke OPP, gave a statement regarding the new handshake symbol parking spots. “The purpose of Project Safe Trade is to create a ‘community safety zone’ at an OPP detachment parking lot to facilitate online property transactions,” the OPP said in the news release. “Creating a ‘community safety zone’ is about moving online transactions away from secluded parking lots, personal residences or other areas and bringing them to a public place.”
Parameters of the Project
Amazingly, the handshake symbol spots, called “safe trade spots,” will be available 24 hours a day and will not require appointments. The way these spots work is simple. If you’ve purchased something online but have to pick it up, or pay, in person, the handshake symbol spots become a neutral meeting point. It’s important to note these spots will not be monitored 24 hours a day. This means there will be no police intervention, such as mediation or witnessing a transaction. In contrast, they will have available officers on the scene if a call or complaint is made to the city regarding a criminal matter. The area will be well-lit and conveniently located just off the highway.
Holiday Shopping
With the holidays upon us, things become even more hectic, and people often stop looking into all the transaction details. The handshake symbol spots have been developed in tandem with the holidays. Steph Neufeld, the safety unit’s captain, says, “The local launch of Project Safe Trade comes at an ideal time with the busy holiday season upon us. Online property transactions are ever-increasing and the UOV OPP is proud to be launching a community safety initiative aimed at decreasing offences related to online marketplace transactions,” He continues in the statement, “Collaborative approaches like Project Safe Trade can help to reduce harm and victimization in our communities.”
Going Beyond the Handshake Symbol
The handshake symbol parking lots are a great start, but there is more the city has incorporated into the project. In particular, one Canadian resident and professional. Carmi Levy, a technology analyst, offers helpful hints. While seemingly obvious, they can be forgotten during an overwhelming time like the holidays.
Levy said, “Do your due diligence on the person that claims to be selling it. Look into their background, see what other things they’ve sold, look for information on how other buyers have dealt with them in the past.” Also suggesting people, “Insist on seeing the actual device that you’re buying before you hand over any money. Insist that they power it on. Insist that you make sure it works before you pay for it.” This is a great way to avoid being scammed and wasting your hard-earned money on something that just isn’t worth it.
Other Safety Suggestions
Other recommendations include going with someone you know and trust when engaging in online transactions. Save all interactions between buyer and seller, this includes voicemails, emails, or text messages. Additionally, shopping apps like ‘OfferUp’ and ‘LetGo’ tell you they won’t reach out for personal information. They suggest you use caution when doling out personal information with limited or only necessary information.
Furthermore, they suggest that you have those conversations strictly in the app. This ensures the conversation is logged in a secure environment so you can avoid giving your personal information to a stranger. For Canadian residents, specific to the Pembroke area, seeking handshake symbol parking lots can keep citizens safe this holiday season. Moreover, they can help bring higher levels of safety in years to come.
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