Australian (ASX) Stock Market Forum

Electric cars?

Would you buy an electric car?

  • Already own one

    Votes: 10 5.1%
  • Yes - would definitely buy

    Votes: 43 21.8%
  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.6%
  • Maybe - preference for neither, only concerned with costs etc

    Votes: 37 18.8%
  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 25 12.7%
  • No - would never buy one

    Votes: 14 7.1%

  • Total voters
    197
It’s carbon neutral because when you burn it you release co2 into the atmosphere, but it’s co2 that was originally pulled out of the air when the canola oil was originally grown.

Eg. As you burn the canola oil releasing co2, some where else a canola plant is growing and absorbing co2.

When ever you are just playing with carbon atoms that are already in circulation, it’s considered carbon neutral, it’s when you are bringing the fossilised carbon atoms out of long term storage and adding them back into circulation that problem arises.
When you bring ANY carbon atoms that have one or two oxygen molecules attached to them of long term storage the result is the same.
An increase of CO2 or CO.
The only question is, how many can you put back into storage.
If you extract oil or coal or gas and release the carbon into CO2 or CO, the same result can be achieved by planting anything that sucks up CO2.
Mick
 
When you bring ANY carbon atoms that have one or two oxygen molecules attached to them of long term storage the result is the same.
An increase of CO2 or CO.
The only question is, how many can you put back into storage.
If you extract oil or coal or gas and release the carbon into CO2 or CO, the same result can be achieved by planting anything that sucks up CO2.
Mick
Exactly, but the CO2 that is released by burning cooking oil isn’t coming from long term fossilised storage, it’s coming from the oils pressed out of plants that were grown a few months earlier.

So as I said, you are burning canola oil (or some other plant or animal based oil), releasing CO2 but some where else a canola plant is growing extracting CO2 from the atmosphere, hence the process is described as carbon neutral.

Its like you breathing out CO2 that came from the Apple you ate earlier in the day, but at the same time another Apple is growing, so your breathing isn’t raising the CO2 in the atmosphere because it’s offset by the food crops growing around the world, there is direct link there, food grows reducing CO2 and its digested and breathed out raising CO2 its neutral.

(The only part that’s not neutral is the fossil fuels we invest into harvesting and transporting the food crops, sources of carbon neutral energy can be harnessed to replace those fossil fuels)
 
Sounds like there could be some good news for Melbourne.
Australia’s first purpose-built assembly plant to manufacture hydrogen-powered commercial vehicles will be developed in Melbourne’s east under a plan its backers say could generate up to 100 jobs by 2025 and help to foster a new local automotive industry for the clean-energy era.

As heavy emitters across the country increasingly trial hydrogen technology to decarbonise their vehicle fleets, United States-based Hyzon Motors and the RACV on Monday will announce the details of investment to expand Hyzon’s Australian manufacturing operations into a 10,000-square-metre facility in Noble Park, at an estimated cost of more than $50 million.
 
Sounds like there could be some good news for Melbourne.
Australia’s first purpose-built assembly plant to manufacture hydrogen-powered commercial vehicles will be developed in Melbourne’s east under a plan its backers say could generate up to 100 jobs by 2025 and help to foster a new local automotive industry for the clean-energy era.

As heavy emitters across the country increasingly trial hydrogen technology to decarbonise their vehicle fleets, United States-based Hyzon Motors and the RACV on Monday will announce the details of investment to expand Hyzon’s Australian manufacturing operations into a 10,000-square-metre facility in Noble Park, at an estimated cost of more than $50 million.
from a cynical experienced based view: in 3y time will be folded for a total taxpayer cost of 100M+
I am sure indeed RACV is the type of investor to do that type of investment decision
 
The EV scene is going to get interesting, Ford have just increased their investment and hired Doug Field who was instrumental in Tesla's growth.

"former Apple Inc and Tesla executive, the report said. Doug Field, an Apple veteran who had worked at Tesla, joined Ford last year to lead the automaker’s advanced technology and embedded systems efforts."

 
The EV scene is going to get interesting, Ford have just increased their investment and hired Doug Field who was instrumental in Tesla's growth.

"former Apple Inc and Tesla executive, the report said. Doug Field, an Apple veteran who had worked at Tesla, joined Ford last year to lead the automaker’s advanced technology and embedded systems efforts."

The legacy companies have very deep pockets, buying in talent makes a lot of sense, retooling and adapting would be pretty easy for Ford, GM etc.
Technical knowledge and experience with EV's, will be what they are lacking. What worked and what didnt work, in the development phase of Tesla.
 
The legacy companies have very deep pockets, buying in talent makes a lot of sense, retooling and adapting would be pretty easy for Ford, GM etc.
Technical knowledge and experience with EV's, will be what they are lacking. What worked and what didnt work, in the development phase of Tesla.
Not really, honestly, not much to learn.
And the software part..which is pretty Much the critical bit left in EV is not vomplete unknown.
YouR main manufacturers have had auto park, auto start, lane tracking emergency braking etc etc for years.
The real issue is the legacy of workers to get rid of and pension liabilities
 
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Which they are doing as we speak, most are changing to online ordering, which gets rid of the showroom, next step sub out the workshop to automasters. Lol
Simple really.
Also get rid of cheap ICE models, so that the choice is just about power unit, not cost.
I see in todays media, MG are increasing the price of their cheapest models, even the ones that are already sitting on the showroom floor. Lol
 
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When you bring ANY carbon atoms that have one or two oxygen molecules attached to them of long term storage the result is the same.
An increase of CO2 or CO.
In an instantaneous sense that's true but it's of no consequence if that carbon is being removed from the air in a short timeframe.

Much like shuffling money from one bank account to another isn't really spending or earning.

The climate change issue is about a long term increase in CO2 concentration in the atmosphere. Releasing some today, and taking it back out again to grow the next crop, isn't causing a long term increase. Doubly so if the thing being burned, the waste oil, is going to be produced and somehow disposed of whether it's put to use or not. :2twocents
 
Heres a video of what one 'expert" thinks will be the top 5 SUV that may provide competition for the Cybertruck.
I had never heard of two of the brands, but they are American.

Been trying to organise a test drive of the Hundai Ionic 5.
May as well have asked for a test drive of the space station.
Mick
 
As a follow up to the remark I made above about test driving the Hyundai Ionic 5, the local regional dealer got back to me and said that they were not an EV dealer.
It seems that to sell EV's , the dealership has to have a trained EV service team, as well as a section of the workshop devoted to EV's.
His statement to me was that they were unwilling to spend 300k on setting up the specialised team and workshop unless they could sell at least 50 EV cars a year, and even then it would take ten years to break even.
I am not keen on having to drive 200kms to Melbourne every time I need to get a service done.
Once again highlights the difficulties faced in getting widespread usage of EV's outside the capital cities.
Mick
 
As a follow up to the remark I made above about test driving the Hyundai Ionic 5, the local regional dealer got back to me and said that they were not an EV dealer.
It seems that to sell EV's , the dealership has to have a trained EV service team, as well as a section of the workshop devoted to EV's.
His statement to me was that they were unwilling to spend 300k on setting up the specialised team and workshop unless they could sell at least 50 EV cars a year, and even then it would take ten years to break even.
I am not keen on having to drive 200kms to Melbourne every time I need to get a service done.
Once again highlights the difficulties faced in getting widespread usage of EV's outside the capital cities.
Mick
The good thing about the 200km drive to Melbourne, by the time it is serviced, it should be recharged and be good to go back home. ?
 
It seems that to sell EV's , the dealership has to have a trained EV service team, as well as a section of the workshop devoted to EV's.
Any qualified mechanic or auto electrician can service an EV.
Dealerships have their own rules and none require you to return your vehicle to them unless you somehow have a purchasing agreement that locks you in, like Tesla's Resale Value Guarantee.
I have only ever returned to a dealership to have warranty repairs carried out.
 
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As a follow up to the remark I made above about test driving the Hyundai Ionic 5, the local regional dealer got back to me and said that they were not an EV dealer.
It seems that to sell EV's , the dealership has to have a trained EV service team, as well as a section of the workshop devoted to EV's.
His statement to me was that they were unwilling to spend 300k on setting up the specialised team and workshop unless they could sell at least 50 EV cars a year, and even then it would take ten years to break even.
I am not keen on having to drive 200kms to Melbourne every time I need to get a service done.
Once again highlights the difficulties faced in getting widespread usage of EV's outside the capital cities.
Mick

Take a Tesla for a test drive. it's simple, go online and book it.

As for servicing -

 
Take a Tesla for a test drive. it's simple, go online and book it.

As for servicing -

My wife, for whom I am buying this car, will not spend $150,000 to get the equivalent of her CX5 that he loves and only paid about 50k for.
The servicing for the Tesla will be exactly the same problem as the IONIC 5, having to go to Melbourne to get it done.
Mick
 
My wife, for whom I am buying this car, will not spend $150,000 to get the equivalent of her CX5 that he loves and only paid about 50k for.
The servicing for the Tesla will be exactly the same problem as the IONIC 5, having to go to Melbourne to get it done.
Mick

Then you'd be better sticking with the Mazda CX5

"expect the TESLA entry-level model Y to kick off around the $80,000 mark."
Key rivals include:

Read the Tesla service link I gave you, there is hardly anything to service and what there is is every 2 years. Any workshop with a qualified mechanic can do it and not void the warranty
 
Next step. It's here.
Driverless electric cars for ordinary people.

Check out Cruise.



The best part about this type of tech is the freedom it’s going to bring to people that can’t get licences like the elderly and people with vision impairments or other disabilities.

When Grandma can turn up at events or do her shopping etc without relying on others to drive her she will have a whole new sense of independence
 
Next step. It's here.
Driverless electric cars for ordinary people.

Check out Cruise.




The finished product looks like a mini bus.

Saw them trialing something like this in San Francisco January 2018 while on holiday, thought it an amazing idea.

Cruise self drive.png
 
The finished product looks like a mini bus.

Saw them trialing something like this in San Francisco January 2018 while on holiday, thought it an amazing idea.

View attachment 137027

The video isn't the mini bus you showed. That certainly exists but they have set up an electric car with the multiple cameras/sensors for their Cruise story. I think it is intended to show people how many cameras they have and focus it on 1-2 -3 people using it rather than the 6 or so in the mini bus.

But it's cool alright.
 
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