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
Has it escaped your notice that CSL was originally a government organisation that was later privatised, and talking about financial services, so was the Commonwealth Bank, and in tourism so was Qantas.

I'm saying we now need the same sort of public investment in manufacturing to get these industries started and later on if necessary they could be privatised or flogged off to our mates in China if you like. ;)
Yep, I am well aware of the histories of CSL and CBA, if you think back to what australia looked like back then, there wasn’t the highly developed capital markets that exist now.

But as I said before I am not against government incentives, I think they can be good when done intelligently, but I feel that businesses that make sense will generally pop up organically, and we are doing pretty well as it is.
 
I've already explained in the earlier post, two towns which are 200 KLM from Perth, but only about 30 KLM apart have faulty chargers, the next charger could be 60 KLM away, many EVs couldn't cope with that situation.
We are talking 200klm south of Perth, not way down in the SW.
The Tesla model three would get there and back without a charge, and easily make it on to the next charger, or if that town is your destination you could possibly charge at your destination.

But my simple point is that obviously those chargers exist, but aren’t being used enough for the company to worry about fixing them.

So we need the demand to make the maintenance worth while, if having the chargers there was enough incentive then the cars would exist and the demand would be there and chargers wouldn’t be broken.
 
It is becoming a repetitive discussion IMO.
BEV buyers who need range know that Tesla's charging network is the best and gravitate to Musk's cars.
I don't need range, and will today put a deposit on BYD's Atto 3 as it has nearly everything I need. I'm going to do that now because when I did the sums on a trade in I could not think of anyone wanting to buy my ICEV in 2 years time unless they paid a bargain basement price. Whereas presently we don't have a car glut - due to several factors - and I think I can get fair value.

Anyway, if you own a boat or a caravan you buy a car fit for purpose.
The reason we have had so many different ICEV models available for purchase at a wide range of price points is because there is a market for them all. That's equally going to be the case with NEVs, and choice is improving each month, along with price points. The other point about BEVs is that battery technology is improving all the time, and there are already models that claim a 1000km range.

We all know that the downside to BEVs in Australia is the fact that anyone regularly travelling long distances will have range anxiety until the charging network grows. But let's remember that Tesla's Roadster was produced some 14 years ago, and that Tesla is still rolling out chargers across America. Are we creating a problem that does not really exist for us unless we buy a car that's not fit for purpose?
 
I think that is a wise move @rederob , congratulations, let us know how the experience is dealing with BYD. To me it is a bit like investing, you don't apply emotion to, you apply logics. It isn't a case of whether you like E.V's or ICE cars, it is facing the reality that change is coming and working out when to join in.
I think the first incentives re the vehicle, will be to encourage V2G charging infrastructure, time will tell.
 
Sweden's new car registrations are now mostly NEVs:
1646619421491.png
These trends in Europe show how much of a backwater we are in Australia.

On that score, my preordered BYD Atto 3 is mooted for July delivery and I believe the price is locked in at $44900 plus on-roads. That's important as BYD just announced a price increase due to material costs, and I reckon a few more will occur before the end of the year based on global market trends. I did the sums on running costs (servicing plus electricity), rego and insurance, and they will come to under $2k per year. I don't drive that far in a typical year and interestingly the only time I drove last week was to fill my car up (for cheap petrol) at 169.9cpl. From July that won't be happening again!
 
I don't drive that far in a typical year and interestingly the only time I drove last week was to fill my car up (for cheap petrol) at 169.9cpl. From July that won't be happening again!
Kudos to you Rob, there is one thing preaching to people about the perils of climate change, it is completely another when you back up the rhetoric with positive action. :xyxthumbs
 
Kudos to you Rob, there is one thing preaching to people about the perils of climate change, it is completely another when you back up the rhetoric with positive action. :xyxthumbs
Thanks Homer.
When I put into context the trend in Europe with that of Australia, the inevitability is that we will be playing catchup with most of the developed world WRT EV ownership.
I counted rough EV demand in America and China and got over 2M cars on pre-order with delivery as far out as late 2023. If there is this level of demand today with only a small percentage of the population having experienced the benefits of NEVs, how on earth will demand be met in 3 years time?
So my thinking went along the lines of: If the resale value of Teslas hardly drops away, then hopefully my BYD's will hold up ok as well and allow me to trade up to something even better in a few years time without losing much in the changeover. As I said above, raw material cost are going to lead to all automakers, not just NEV's, increasing their prices this year. So by the time my BYD arrives in July, the next lot of orders will likely cost more. Moreover, even if there is a long wait until he changeover, I will still be driving a more valuable EV when that occurs and not an unwanted ICEV worth bugga all.
 
London to extend its emissions surcharge, to include greater London.
Next year, anyone who wants to drive a more-polluting older vehicle anywhere in Greater London will have to pay a 12.50 pound ($16.70) daily charge to do it.

So said London’s Mayor Sadiq Khan in a speech announcing the latest — and perhaps final — expansion of the city’s Ultra-Low Emission Zone (ULEZ) on motor vehicles in the British capital. Designed to encourage Londoners to scrap aging vehicles with higher tailpipe emissions, the fee will be levied on any gas-powered car or small truck made before 2005 (Euro 4 Standard) and any diesel car or small truck manufactured before 2014 (Euro 6 standard). The city estimates that could equal 135,000 vehicles on an average day.
 
London to extend its emissions surcharge, to include greater London.
Next year, anyone who wants to drive a more-polluting older vehicle anywhere in Greater London will have to pay a 12.50 pound ($16.70) daily charge to do it.

So said London’s Mayor Sadiq Khan in a speech announcing the latest — and perhaps final — expansion of the city’s Ultra-Low Emission Zone (ULEZ) on motor vehicles in the British capital. Designed to encourage Londoners to scrap aging vehicles with higher tailpipe emissions, the fee will be levied on any gas-powered car or small truck made before 2005 (Euro 4 Standard) and any diesel car or small truck manufactured before 2014 (Euro 6 standard). The city estimates that could equal 135,000 vehicles on an average day.
The Reset, selection thru money under a planet saving varnish
You can come with your new Range Rover 6 cylinders but can not with a old daihatsu 3cylinders emitting probably a third or less..
Let's get rid of the populace clogging my traffic.and the clowns are happy
 
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