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Electric cars?

Would you buy an electric car?

  • Already own one

    Votes: 10 5.1%

  • Yes - would definitely buy

    Votes: 43 21.7%

  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.4%

  • Maybe - preference for neither, only concerned with costs etc

    Votes: 38 19.2%

  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 25 12.6%

  • No - would never buy one

    Votes: 14 7.1%
  • Total voters
    198
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When these things come out, the 6 o'clock news will finally be worth watching, just to watch the police chasing the stolen ones.
 
[Bragpost]


These EV manufacturers have become so popular (mainstream) that there are now specific Tesla, Nio etc ETF's & ETN's, one of which I bought a little while ago being 3LNI, a USD denominated NIO 3x bull share listed on the LSE (I bring the USD listed one up because if you already have a Commsec international account you won't need to convert the currency over again).

The reason why I bring it up is because electric cars screamed today - even tesla, despite its autopilot "recall" (which can be fixed with a web update) which for some reason only applied to Chinese models?

Nevertheless, on a day where EV's were off like a gunshot AND there was bad news for tesla, NIO absolutely screamed, running to a peak of 8.5% and counting as of 11.50 U.S eastern time, and with me selling a third of my 3LNI (NIO bull) holdings right before LSE close:



Giving a tidy 25% just on the day.

However, I only sold a third of my position off as I'm still a massive bull on NIO and tesla as well (I haven't touched my FNGU position) and fully plan on rebuying should we get a pullback sometime (an obviously likely event).

So I know this was a total bragpost but these are still massive buys in my opinion and 2x and 3x bull ETF's also now exist for both for the real degenerates among us.


Food for thought.

[/Bragpost]
 
STILL going:



27% run since I trimmed. Amazing.


Good thing I only trimmed.
 
I had to sell some more:



The run has been absolutely mental:

 
Telsa being left in the dust since the rebound:

 
I just have to work out how to get this over the pits and then get an import license. ?
A full racing seat harness, should keep you on the seat and probably mudguards are required. A bench seat on the back, would give passengers an excellent panoramic view, now to see if I can get the wife onboard.



 
sptrawler said:
Tesla is building a factory in China, how long before we have a Chinese car very similar to a Tesla for half the price?

https://www.cnbc.com/2018/12/06/teslas-china-factory-set-to-begin-production-late-next-year.html
Click to expand...
That was Sept 2019, well how a couple of years is a long time, in the EV space.

Tesla's weak sales in China worry investors

Tesla's recent run of bad publicity in China is apparently hurting its sales there, raising investor concerns.
edition.cnn.com
 
The U.K to build a couple of battery giga plants, may bode well for Australia with the free trade agreement, two way trade resources and EV's.

MSN

www.msn.com
From the article:
Plans for the UK's first operating battery-making gigafactory in Northumberland has been granted planning permission to build its huge plant in Blyth, bosses behind the project confirmed yesterday.

Britishvolt announced its intention to create the nation's first electric-car battery production site in December, though Tuesday evening's announcement is a step towards the factory being operational by 2023.

The factory, which will be established at a 235-acre site, is estimated to create 3,000 new jobs in the area.

It comes just days after Nissan announced its own battery gigafactory in Sunderland last week, and recent confirmation that Vauxhall's Ellesmere Port car factory is going to be converted into an electric van plant.
 
over9k said:

Lol
Click to expand...

Bloody cheesy story.

The Destertec proposal to build a series of PV solar farms around the Sahara and the Middle East to provide clean power to Europe and Africa has merit. That is shown for a couple of minutes. Not sure how advanced the proposal is however. The rest of the "idea" is clickbait as the author acknowledges at the end. Trying to set up thousands of solar farms deep in the Sahara is .....

Desertec - Wikipedia

en.wikipedia.org
 
Chinese company to release a BEV with 1,000klm range, apparently.

China's electric SUV offering 1000km of range

A new electric SUV from GAC is about to enter full-scale production, with a claimed driving range allowing a trip from Sydney to Melbourne without stopping.
www.drive.com.au

And for those who just love the smell of petrol in the morning.

Ford creates petrol fume fragrance for electric Mustang Mach-E

Ford of Europe has created what it describes as a “premium fragrance” for those who miss the whiff of petrol in the new electric Mustang Mach-E.
www.drive.com.au
 
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