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 21.9%

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

    Votes: 78 39.8%

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

    Votes: 37 18.9%

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

    Votes: 24 12.2%

  • No - would never buy one

    Votes: 14 7.1%
  • Total voters
    196
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SirRumpole said:
Will electric cars break the (government's) budget ?

http://www.abc.net.au/news/2018-08-...ise-funding-before-electric-car-boom/10175402
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The whole tax system is a problem, I posted this in July in the Labor Party thread.
It is quite a good summary.

https://thewest.com.au/opinion/shan...when-the-the-tax-river-runs-dry-ng-b88901750z

The Tax system is not functioning as it was intended and all the Governments want to do is band aid it, or pretend there isn't a problem.
It is amazing how powerful the fear of being voted out is, they would rather run the system down, rather than face voter backlash.
The problems aren't going away.
 
How much lithium do we actually have?
I'm seeing figures that say 350 years worth. And others saying it will last to 2050. Producing enough is also a problem.
 
moXJO said:
How much lithium do we actually have?
I'm seeing figures that say 350 years worth. And others saying it will last to 2050. Producing enough is also a problem.
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I would assume they don't actually know, because the companies haven't been actively drilling for it, a lot of what they are locating now is in old mine areas like Greenbushes tin mine in W.A. The old core samples probably showed lithium in the analysis reports, so now they are re opening as lithium mines and doing exploratory drilling. Just my guess.
 
Almost mainstream? The Driven ( https://thedriven.io/ ) is a new website focusing electric vehicles and "the transition to zero carbon transport".

From the description on parent site RenewEconomy:
We are launching it now because we are on the verge on an extraordinary shift in our transport options and choices. Car companies are ready to roll out new EV models in Australia, and policy makers are grappling with what they should do.

But more than that, we know from our experience on RenewEconomy that the appetite from readers for EV news is huge, and growing.
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Personally I'd rather have the vehicle than the news, but for now I'll take what I can get :)
 
sptrawler said:
Tesla will have to get its act together, mainstream is starting to gather momentum, in the electric car space.
https://www.carsguide.com.au/car-news/mercedes-benz-eqc-2019-revealed-70766

I certainly hope Governments legislate, to start and require standard charging, or we will end up like the early mobile phone days a different charger/plug for every phone.
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Looks like the big boys have woken up and ready to beat the crap out of Tesla.

It might be a reversal of the Ford Motor Company where the Mercedes etc. built cars for fancy people. Came Ford who bring it to the masses and eat all their lunches.

Though to be fair, Tesla does try to go for the masses after the initial luxury market. Proved too costly and could be a bit too late.
 
luutzu said:
Looks like the big boys have woken up and ready to beat the crap out of Tesla.

It might be a reversal of the Ford Motor Company where the Mercedes etc. built cars for fancy people. Came Ford who bring it to the masses and eat all their lunches.

Though to be fair, Tesla does try to go for the masses after the initial luxury market. Proved too costly and could be a bit too late.
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While on the subject of Ford, they are in talks with VW about joint ventures, that will make one big auto power house.

https://www.dw.com/en/ford-and-volkswagen-eye-strategic-partnership/a-44302618

I have the feeling, in a few years, everyone will be talking about Tesla as a pioneer, but alas I feel they will go the way of the dinosaur.
With the advent of electric vehicles, it will be get big or get out.
The low maintenance requirement and exactly the same drive trains in all vehicles, will result in manufactures only making money on initial sales, this will send many to the wall.
The resultant loss of jobs in auto related industries, will also be massive, it isn't going to be pretty.
 
sptrawler said:
While on the subject of Ford, they are in talks with VW about joint ventures, that will make one big auto power house.

https://www.dw.com/en/ford-and-volkswagen-eye-strategic-partnership/a-44302618

I have the feeling, in a few years, everyone will be talking about Tesla as a pioneer, but alas I feel they will go the way of the dinosaur.
With the advent of electric vehicles, it will be get big or get out.
The low maintenance requirement and exactly the same drive trains in all vehicles, will result in manufactures only making money on initial sales, this will send many to the wall.
The resultant loss of jobs in auto related industries, will also be massive, it isn't going to be pretty.
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Yea, not pretty.

The days of a car or two for every family might be history too I reckon.

As population grow, limited land and space; higher prices for fuel etc., public transport might be all that's needed for most days of the week for a large portion of the population.

On weekend getaways and the like... the new self-driving tech could make renting/taxi-ing quite affordable and efficient I reckon.

Either way, Tesla can't keep burning $1B a quarter forever.
 
luutzu said:
Yea, not pretty.

The days of a car or two for every family might be history too I reckon.

As population grow, limited land and space; higher prices for fuel etc., public transport might be all that's needed for most days of the week for a large portion of the population.

On weekend getaways and the like... the new self-driving tech could make renting/taxi-ing quite affordable and efficient I reckon.
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The loss of taxation will cause its own issues, fuel excise gone, when autonomous driving cars come in speeding, red light and most other types of vehicle related fines gone.

The Government will have to find new and creative ways to fund the police, the police will have to start and solve non road related crimes, which will go up as more people find illegal ways to maintain their lifestyle.
 
sptrawler said:
The loss of taxation will cause its own issues, fuel excise gone, when autonomous driving cars come in speeding, red light and most other types of vehicle related fines gone.

The Government will have to find new and creative ways to fund the police, the police will have to start and solve non road related crimes, which will go up as more people find illegal ways to maintain their lifestyle.
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There's always fines for jay walking. Doubling it on Holidays and long weekends too. :xyxthumbs

Man, imagine how much they can rake in on NY Eve.

Then there's the American innovation of seizing "suspicious" driver's car, assets while booking them for driving poor. Some of their police department fund themselves entirely through that scheme.
 
luutzu said:
There's always fines for jay walking. Doubling it on Holidays and long weekends too. :xyxthumbs

Man, imagine how much they can rake in on NY Eve.

Then there's the American innovation of seizing "suspicious" driver's car, assets while booking them for driving poor. Some of their police department fund themselves entirely through that scheme.
Click to expand...
Autonomous driven cars, will make it really difficult for getaway drivers.
"If you wish to proceed through the red light, you must accept the disclaimer, if you wish to accept the disclaimer you will have to enter your password"

" your password has been accepted, you may go through the light, by the way it is green now".

"please proceed to the next light".
If you don't wish to have these interruptions to your journey, please engage auto pilot"
 
luutzu said:
There's always fines for jay walking. Doubling it on Holidays and long weekends too. :xyxthumbs

Man, imagine how much they can rake in on NY Eve.
.
Click to expand...
With Jay walking, the cars will recognise a mobile phone, and will stop. Otherwise it will have front sensing camera's, like my car does and stop.
So there wont be any money there either.
It will be a really interesting World, they will just have to tax the $hit out of anyone with money or assetts, which everyone seems happy with anyway.
So the poor will have a good time, until those with money, run out of money. :xyxthumbs
Then there won't be any easy targets.
 
Value Collector said:
The people that own the infrastructure will want to generate the highest return they can get, now sending the electricity into an inefficient system isn’t going to deliver the highest return.

Also consumers want the cheaper alternatives.
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Hi VC, I personally would get the refund back and buy a Nissan Leaf.

https://www.perthnow.com.au/business/tesla-ceo-smokes-marijuana-stock-falls-ng-s-1890257

It might be just a publicity gimmic, but he is running out of three card tricks, and the competition is heating up.
 
Tesla has been upgraded by two US brokers as they see them turning a profit in the second half.

 
Musk is coming across as losing it.
Him doubling down on his pedo slurs was worrying.
 
CanOz said:
Tesla has been upgraded by two US brokers as they see them turning a profit in the second half.

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I don't have the exact dates at hand but the Model3 Australia launch is due any day simultaneous in Melb Syd Bris... Model3 Production at the moment is north of average 5000 units a week. Gigafactory2 is getting busy in Buffalo...
https://www.teslarati.com/tesla-gigafactory-2-job-creation-buffalo-ny/

Following the thoughts of Jack Rickard at EVTV; his interest is in Elons work at upsetting the short sellers. Long reads for those interested.
http://evtv.me

And the coalitions work on encouraging industry development in these blue sky futures is??/
 
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