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
Who knows, the reset might be that Western currencies are trashed and a new Eastern block digital currency rises from the ashes?
I actually would like the end of this economy BS where youtube stars..influencers . earn millions and people are better off with selfies than actual contribution to societythe crisis we need to have..or we are dead as a society.
Please let's hope we will have at least Putin left to counter mr Xi..?.i somehow do not have much belief in the Alzheimer one?
 
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.
That sort of thing is an obstacle to progress on all this. It's politicising the issue on the basis of a rich / poor divide and simply builds resentment for no good reason, adding credence to claims that EV's are going to disadvantage the average person.

London's air is already dramatically cleaner than in even the relatively recent past, a point backed by data as well as being clearly visible, so it won't end life as we know it to continue on the present path and allow older vehicles to be phased out naturally. Vehicles which I might add in the case of diesels government actively encouraged the public to buy in the first place.

Much as I'm a supporter of all things electric, this makes me angry yes. It's upper class snobbery and isn't helping the cause. :mad:
 
That sort of thing is an obstacle to progress on all this. It's politicising the issue on the basis of a rich / poor divide and simply builds resentment for no good reason, adding credence to claims that EV's are going to disadvantage the average person.

London's air is already dramatically cleaner than in even the relatively recent past, a point backed by data as well as being clearly visible, so it won't end life as we know it to continue on the present path and allow older vehicles to be phased out naturally. Vehicles which I might add in the case of diesels government actively encouraged the public to buy in the first place.

Much as I'm a supporter of all things electric, this makes me angry yes. It's upper class snobbery and isn't helping the cause. :mad:
Be careful Smurf, I got into trouble suggesting that subsidies for EV's are a classic example of those well off demanding that the rest of the citizens help pay for their new cars.
Mick
 
That sort of thing is an obstacle to progress on all this. It's politicising the issue on the basis of a rich / poor divide and simply builds resentment for no good reason, adding credence to claims that EV's are going to disadvantage the average person.

London's air is already dramatically cleaner than in even the relatively recent past, a point backed by data as well as being clearly visible, so it won't end life as we know it to continue on the present path and allow older vehicles to be phased out naturally. Vehicles which I might add in the case of diesels government actively encouraged the public to buy in the first place.

Much as I'm a supporter of all things electric, this makes me angry yes. It's upper class snobbery and isn't helping the cause. :mad:
I think it’s main goal is to get more people on public transport, driving in London is already something mainly done by the rich because parking is so expensive, so it’s a tax on the rich really.
 
Be careful Smurf, I got into trouble suggesting that subsidies for EV's are a classic example of those well off demanding that the rest of the citizens help pay for their new cars.
Mick
That’s because that view is short sighted, for every rich person that is going to buy an EV no matter what, there is probably 10 people who want one who but the purchase is out of reach or border line.

As I have said before the social benefits of cleaner air is good for everyone rich and poor, and poor people are more likely to live in areas next to highways etc, so incentives for the middle class to make purchases that clean the air are probably a good idea.

Also, what ever cars the middle class buy trickle down to the working and welfare classes anyway, so if you want the working class and welfare class to have ev you have to get the middle class to buy them.
 
The uptake on EV's increases, as does demand for battery materials.


A 62% jump in passenger electric vehicles (EV) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector, the latest data release from Adamas Intelligence shows.
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According to the market analyst, an 86% increase in passenger EV registrations in the Asia Pacific region positions it as the top EV market, followed by the Americas (51% year-over-year) and Europe (34% year-over-year).
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The watt-hours deployed in the Asia Pacific region in the second half of 2021 rose 141% over the same period in 2020, contributing a corresponding 134% increase in lithium, 77% increase in nickel and 75% increase in cobalt consumption over the same period.

In the second half, the total global battery capacity deployed onto roads in all newly sold passenger EVs combined amounted to 177.2 GWh, 92% more than was deployed globally a year earlier.

Tesla (Nasdaq: TSLA; NEO: TSLA) continued to lead by battery capacity deployed onto roads globally, installing more watt-hours into newly sold EVs than its five closest competitors combined.

Adamas says just seven cell suppliers globally (CATL, LG Energy Solution, Panasonic, BYD, Samsung SDI, SK On and CALB) were collectively responsible for more than 88% of all battery capacity and battery metals deployed onto roads globally in passenger EVs in the second half of 2021.
During the period, global leader CATL deployed 183% more watt-hours of battery capacity onto roads worldwide than the 2020 period, translating to a 171% increase in lithium, 138% increase in nickel, and 114% increase in cobalt deployed onto roads over the same period prior.

The deployment of lithium-iron-phosphate LFP cells (in watt-hours) increased 426% over the last six months of 2020, leading to a drop in the average amount of nickel (-2%) and cobalt (-9%) consumed per EV sold.
The increasing rates of EV deployment translate into increased metal demand. During the second half of 2021, another 107,200 tonnes of lithium carbonate equivalent (LCE) were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, Adamas says. That is an 88% increase year-on-year. About 56% of all LCE units were deployed as carbonate and 44% as hydroxide.

Moreover, in 2021 H2, 84,600 tonnes of nickel were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, 59% more than in 2020 H2.

This also meant surging cobalt demand. In 2021 H2, 18,200 tonnes of cobalt, 23,600 tonnes of manganese, and 159,200 tonnes of graphite were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, up 48%, 62% and 101% over the same period the year prior, respectively.
 
The uptake on EV's increases, as does demand for battery materials.


A 62% jump in passenger electric vehicles (EV) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector, the latest data release from Adamas Intelligence shows.
blank.gif

According to the market analyst, an 86% increase in passenger EV registrations in the Asia Pacific region positions it as the top EV market, followed by the Americas (51% year-over-year) and Europe (34% year-over-year).
blank.gif

The watt-hours deployed in the Asia Pacific region in the second half of 2021 rose 141% over the same period in 2020, contributing a corresponding 134% increase in lithium, 77% increase in nickel and 75% increase in cobalt consumption over the same period.

In the second half, the total global battery capacity deployed onto roads in all newly sold passenger EVs combined amounted to 177.2 GWh, 92% more than was deployed globally a year earlier.

Tesla (Nasdaq: TSLA; NEO: TSLA) continued to lead by battery capacity deployed onto roads globally, installing more watt-hours into newly sold EVs than its five closest competitors combined.

Adamas says just seven cell suppliers globally (CATL, LG Energy Solution, Panasonic, BYD, Samsung SDI, SK On and CALB) were collectively responsible for more than 88% of all battery capacity and battery metals deployed onto roads globally in passenger EVs in the second half of 2021.
During the period, global leader CATL deployed 183% more watt-hours of battery capacity onto roads worldwide than the 2020 period, translating to a 171% increase in lithium, 138% increase in nickel, and 114% increase in cobalt deployed onto roads over the same period prior.

The deployment of lithium-iron-phosphate LFP cells (in watt-hours) increased 426% over the last six months of 2020, leading to a drop in the average amount of nickel (-2%) and cobalt (-9%) consumed per EV sold.
The increasing rates of EV deployment translate into increased metal demand. During the second half of 2021, another 107,200 tonnes of lithium carbonate equivalent (LCE) were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, Adamas says. That is an 88% increase year-on-year. About 56% of all LCE units were deployed as carbonate and 44% as hydroxide.

Moreover, in 2021 H2, 84,600 tonnes of nickel were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, 59% more than in 2020 H2.

This also meant surging cobalt demand. In 2021 H2, 18,200 tonnes of cobalt, 23,600 tonnes of manganese, and 159,200 tonnes of graphite were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, up 48%, 62% and 101% over the same period the year prior, respectively.
I was surprised that copper was not mentioned!
 
I was surprised that copper was not mentioned!
Yes, I wonder if any of the EV motors use aluminium windings these days, they tend to take up more space than copper, but weigh less and cost less.
Might be worth looking into.
 
That’s because that view is short sighted, for every rich person that is going to buy an EV no matter what, there is probably 10 people who want one who but the purchase is out of reach or border line.
You could say the same for 1987 XY Falcon GT, or a Ferari, or a Harley Dovetail, or a Bertram 50 foot cruiser.
Its not because they want EV's, they just want what wealthy people seem to get rather easily.
As I have said before the social benefits of cleaner air is good for everyone rich and poor, and poor people are more likely to live in areas next to highways etc, so incentives for the middle class to make purchases that clean the air are probably a good idea.
Oh for heavens sake. The folks below the Elites probably don't really worry about cleaner air, they have more pressing meeds, like silly little thongs such as school fees (and not expensive private school fees I might add).
Also, what ever cars the middle class buy trickle down to the working and welfare classes anyway, so if you want the working class and welfare class to have ev you have to get the middle class to buy them.
yeah, let them eat cake.
Mick
 
Oh for heavens sake. The folks below the Elites probably don't really worry about cleaner air, they have more pressing meeds, like silly little thongs such as school fees (and not expensive private school fees I might add).


Mick

and the cost to fill the tank.

It's cheaper to charge an EV battery than it is to fill an ICEV tank, and there is no spark plugs to replace or filters and drive belts.

Bring the cost down on a Nissan Leaf and low income families will save a lot of money owning one over an ICEV
 
You could say the same for 1987 XY Falcon GT, or a Ferari, or a Harley Dovetail, or a Bertram 50 foot cruiser.
Its not because they want EV's, they just want what wealthy people seem to get rather easily.

Oh for heavens sake. The folks below the Elites probably don't really worry about cleaner air, they have more pressing meeds, like silly little thongs such as school fees (and not expensive private school fees I might add).

yeah, let them eat cake.
Mick
And if XY Falcons or Harley Dovetails were zero emission and could help the government lower the Billions of dollars spent on health care due to air pollution each year it might be worth the investment to get people driving them too,…. But they aren’t zero emission.

Air pollution kills thousands of people in Australia and costs the government Billions each year, I guess if it currently doesn’t affect you then yeah we can ignore the people that suffer it’s affects, and let them eat cake as you say.

Not to mention mention energy security, helping populate the used car market with more Ev’s would eventually lower the costs of transport, but let them deal with the clunkers.
 
I think it’s main goal is to get more people on public transport, driving in London is already something mainly done by the rich because parking is so expensive, so it’s a tax on the rich really.
It might be a tax on the rich but in practice it's going to hurt the poor.

If someone's paying the tax then either they have no choice other than to drive their older car for whatever practical reason or they've enough money that it's not going to deter them and is thus pointless.

Nobody drives in London for fun after all - been there, done that and it's a miserable experience that's definitely not fun. There's a good reason why even many actually rich people use public transport - it's quicker. But if there's a practical need to use a car well there's a practical need, even in London public transport doesn't go everywhere all the time.

EV's I'm in favour of, unnecessarily hurting the poorer half no thanks. As with all this energy and environmental stuff, there's more than one issue here. Energy security yes, air pollution yes but there's also issues of social equity, practicality and so on. :2twocents
 
When I can pick up an EV for $25k, that will last me for 15 years ..with a battery that won't go on fire in the garage.. then I'll think about it.
 
It might be a tax on the rich but in practice it's going to hurt the poor.

If someone's paying the tax then either they have no choice other than to drive their older car for whatever practical reason or they've enough money that it's not going to deter them and is thus pointless.

Nobody drives in London for fun after all - been there, done that and it's a miserable experience that's definitely not fun. There's a good reason why even many actually rich people use public transport - it's quicker. But if there's a practical need to use a car well there's a practical need, even in London public transport doesn't go everywhere all the time.

EV's I'm in favour of, unnecessarily hurting the poorer half no thanks. As with all this energy and environmental stuff, there's more than one issue here. Energy security yes, air pollution yes but there's also issues of social equity, practicality and so on. :2twocents
I don’t really like the term “Poor”, it’s a term that invites the picture of people living in poverty, which is not really a thing in Australia.

When people talk about “poor people”, they are really just talking about people in the Welfare Class or lower working class, people in these two classes are already largely supported by the Middle class, they will never pay enough tax in their lives to offset the government services they consume.

So it does seem a bit crazy to me that when there is a new tech than could be helping to introduce a better standard of living across the board, that any government incentive to help speed up the uptake is seen as being inequality, at the end of the day we can’t rely on the welfare class or lower working class to invest in it, we need people with money to take the leap, and as I said there is heaps of bird line cases that want to take the leap, throwing some loose change at it wouldn’t be the worst thing in the world in my opinion.

I think Australia’s problem is tall poppy syndrome,
 
When I can pick up an EV for $25k, that will last me for 15 years ..with a battery that won't go on fire in the garage.. then I'll think about it.

It will come, boring as bat shyt but there will be one that fills your needs.










EV.jpg
 
When I can pick up an EV for $25k, that will last me for 15 years ..with a battery that won't go on fire in the garage.. then I'll think about it.
Petrol cars are more likely to catch fire.

What about a $50,000 EV that will save you $50,000 over it’s life, rather than a $25K petrol car that will cost you an extra $50K over its life.

Your original comment is a bit like saying, when Solar panels cost less than my quarterly power bill then I will get some.
 
Everyone knows the equation wth panels. The (subsidized) cost can be paid off in 5 to 8 years.

If it was that simple with EVs, everyone, from Elon Musk down, would be falling over themselves to demonstrate the case.

'Poorer' folks see current EVs as Reverse Robin Hood, and they're right.

As for the the batteries, they're going on fire in the container ships on the way to dealerships!
 
And if XY Falcons or Harley Dovetails were zero emission and could help the government lower the Billions of dollars spent on health care due to air pollution each year it might be worth the investment to get people driving them too,…. But they aren’t zero emission.

Air pollution kills thousands of people in Australia and costs the government Billions each year, I guess if it currently doesn’t affect you then yeah we can ignore the people that suffer it’s affects, and let them eat cake as you say.
Do you have anything, anything at all to back up that statement?
Not to mention mention energy security, helping populate the used car market with more Ev’s would eventually lower the costs of transport, but let them deal with the clunkers.
Energy security?
And where do you think all the solar panels, the wind turbines, the generators, and of course all he EV's come from?
None of it manufactured in Australia.
Mick
 
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