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
EVs are coming off production lines in less than a minute, built from the ground up to be EVs.
Conversions are fiddly hodge podges and take weeks.
Simply put, conversions are false economy (unless you are reinvigorating a classic).
Then again, Scomo might be stupid enough to fall for the idea.

So what is the delivery time on your BYD ?
 
How did this happen -


Tesla snatches U.S. luxury crown in registrations for January

Tesla Inc. has jumped to an early lead in the U.S. luxury market, overtaking segment leader BMW in new vehicle registrations for January, according to data from Experian.

Tesla narrowly lost to BMW last year in vehicle registrations.

 
I read that NSW will only subsidise the first 25K to register for their $5300 all up subsidies.
As to the grid, a lot will depend on when people are choosing to recharge. From anecdote in this thread it's really easy for Tesla owners to select times when their supplier offers cheapest rates. I don't know what technology comes with the BYD I have ordered but with my typically short trips I would be lucky to need to plug in more than once a fortnight, and then on a weekend.
I think most EV buyers will be savvy enough to work out that recharging in peak hours isn't a smart move.
I agree with you, most who are changing over at the moment are somewhat foreward thinkers IMO, if big subsidies come in then it could get a bit crazy.
So as you know, I'm just being my conservative self and hope that common sense prevails and it is a structured process.
That's really why I wouldn't like to see politics involved, other than helping with rolling out infrastructure, that is required far in front of the up take. :2twocents
 
How did this happen -


Tesla snatches U.S. luxury crown in registrations for January​

Tesla Inc. has jumped to an early lead in the U.S. luxury market, overtaking segment leader BMW in new vehicle registrations for January, according to data from Experian.

Tesla narrowly lost to BMW last year in vehicle registrations.

Looks like game over for the luxury sector, and the thin end of the EV wedge is now now pushing into mid and full size car sectors.
All we need here is more companies willing to bring in their EVs.
 
Looks like game over for the luxury sector, and the thin end of the EV wedge is now now pushing into mid and full size car sectors.
All we need here is more companies willing to bring in their EVs.
Australia is a very small market, by World standards, China, Europe and the U.S are left hand drive.
With limited battery manufacturing capacity, they wont start and send cars here until the major markets are managed.
As production volumes increase, we will get more and more, but as you and I have found out they are built to order.
The days of walking in and driving out in a new car wont be back for a long, long time IMO.
As demand increases, production will increase, but I cant see production outstripping demand for a long time.
 
How did this happen -


Tesla snatches U.S. luxury crown in registrations for January​

Tesla Inc. has jumped to an early lead in the U.S. luxury market, overtaking segment leader BMW in new vehicle registrations for January, according to data from Experian.

Tesla narrowly lost to BMW last year in vehicle registrations.

Tesla's Model Y sold twice as many units as it BBA (Benz, BMW, Audi) rivals in China's luxury market segment in February.
But the bigger news was their production numbers across all models for the month:
1646955891523.png
February is always the leanest month of the year, so conservatively assuming Tesla reached its last December record run rate for Shanghai, then we are looking at about 800K units in calendar 2022.
However by April their additional production line is expected to start adding to its numbers, so 1M units for this single plant is not out of the question.
I have never invested in overseas stock, but Tesla has a quality product being churned out in North America, Asia and Europe. That's a winning formula for the company as hopefully waiting and delivery times will start to reduce for their sedans. And although their Cybertruck wont be produced until this time next year, once underway it's run rate will make its many rivals look like kids playing with an adult.
 
That's really why I wouldn't like to see politics involved, other than helping with rolling out infrastructure, that is required far in front of the up take. :2twocents
Latest US survey agrees that infrastructure issues are seen as a bugbear, but otherwise most owners will never go back to ICEVs.
These points were interesting:
  • The main motivation for current EV drivers is the environment and air quality, while the primary motivation for EV aspirants is savings
  • The primary motivating factor for switching to an electric vehicle is access to inexpensive home charging.
I think one of the biggest savings will be from higher resale value. I also have a view that the BBA buyers are switching to Teslas for that very reason. Tesla demand is so high that Tesla owners can switch up to the latest models and still sell their old models for close to what they paid.
 
That is probably true @rederob , but I would also think that most of the people who are currently buying or own an electric vehicle, are those who don't use a car as an essential component of their life e.g for work.
The ones who will be buying currently, will be those who use the car as a convenience, like you or I who are retired, or VC who is basically retired, so we can use the car when we want and charge when we want and for as long as we want, because we aren't time constrained.
Until people can feel confident that they can get a fast charge, when they want it and anywhere they want it, most will er on the safe side which currently is ICE vehicles.
That is why I keep going back to the rollout of infrastructure, the same as only owners of houses will be the only ones to install a 7.5Kw fast charger, a tenant wont, therefore a tenant will want to know there are fast chargers in their neighborhood. Also they wont want to drive to it then have to line up in a queue. :2twocents
 
That is probably true @rederob , but I would also think that most of the people who are currently buying or own an electric vehicle, are those who don't use a car as an essential component of their life e.g for work.
The ones who will be buying currently, will be those who use the car as a convenience, like you or I who are retired, or VC who is basically retired, so we can use the car when we want and charge when we want and for as long as we want, because we aren't time constrained.

Wrong. Our Tesla M3 is used for work, it also does a lot of country driving and now that lockdowns are over we will be using it for interstate trips.

There is a couple of Tesla Facebook groups with many users using their Tesla's for work, and a few as Ubers.
 
Wrong. Our Tesla M3 is used for work, it also does a lot of country driving and now that lockdowns are over we will be using it for overseas trips.

There is a couple of Tesla Facebook groups with many users using their Tesla's for work, and a few as Ubers.
There is also a lot of people using electric scooters to go to work and using them as uber delivery vehicles, it doesn't mean it is suitable for everyone.
Are you saying that most people who buy an EV in Australia currently are normal working people driving up the freeway every day?
If not how am I wrong, of the 5 people I know with E.V's, your the only one that works, so how am I wrong?
Of my 4 children and 3 siblings, who live in both the city and country, I'm the only one who has ordered an E.V and they are all in a position to be able to afford one. Yet you say Wrong, based on your experience, somewhat arrogant don't you think?
How many of your family or friend have gone out and bought one? I bet many are saying to you they are going to buy one, I can understand that. :whistling:
A bit like reformed smokers us EV converts.
 
And i would bet Mr red or dead is WFH at least 3d a week....
Yes these types of job allow you to buy an EV and charge it on PV
 
That is probably true @rederob , but I would also think that most of the people who are currently buying or own an electric vehicle, are those who don't use a car as an essential component of their life e.g for work.
The ones who will be buying currently, will be those who use the car as a convenience, like you or I who are retired, or VC who is basically retired, so we can use the car when we want and charge when we want and for as long as we want, because we aren't time constrained.
No data, so can't say if that's true or not.
I can only use the average daily commutes as a guide, and on that data most workers would never flatten their batteries in a full week, leaving weekends free to recharge at cheap rates:
1646958993682.png
I suspect most people don't use data like I do, and instead fall into to the trap of range anxiety because they worry unnecessarily in most
cases about driving more that 500km a day, without thinking they generally take a driving break after 2-3 hours anyway.

On the topic of poorly informed, this headline caught my attention:
"Chinese EV Sales Continue to Stall on Subsidy Cuts"
Everyone in the industry knows how the trend runs in China, with peak sales at the end of each year. But with year on year numbers for the first 2 months more than double those of 2021 it appears the subsidies had no impact at all:
1646960096430.png
 
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There is also a lot of people using electric scooters to go to work and using them as uber delivery vehicles, it doesn't mean it is suitable for everyone.
Are you saying that most people who buy an EV in Australia currently are normal working people driving up the freeway every day?
If not how am I wrong, of the 5 people I know with E.V's, your the only one that works, so how am I wrong?

Maybe expand your group.



I've seem quite a few Tesla's used in the same way as any other ICEV

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lumo.jpg
 
Like I said,
That is probably true @rederob , but I would also think that most of the people who are currently buying or own an electric vehicle, are those who don't use a car as an essential component of their life e.g for work.

It isn't a pizzing competition it is an observation, why get all defensive buyers remorse? or just wanting positive reinforcement.
 
Maybe expand your group.



I've seem quite a few Tesla's used in the same way as any other ICEV

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Nice pictures John, do want me to go outside and take a photo down the street and play spot the EV. or even a picture down the freeway. FFS ?
 
I wonder how long before Supercars goes all EV.

Bad for the image to keep using gas guzzlers.
I don't think it will be long, a bit like cigarette advertising, once the infrastructure is set up to cope with EV's, it will put ICE on the endangered species list so advertising race cars will be a no no. That is unless they change them to run on H2, but that wouldn't make sense except for endurance racing e.g Bathurst, Le Mans etc. :2twocents
 
Nice pictures John, do want me to go outside and take a photo down the street and play spot the EV. or even a picture down the freeway. FFS ?

Calm down, you mentioned "It isn't a pizzing competition" yet that's exactly what you're doing.

You said "I would also think that most of the people who are currently buying or own an electric vehicle, are those who don't use a car as an essential component of their life e.g for work." Which I totally disagree with, because most people that are buying a Tesla are not retired or super rich. Most buyer EVs in Australia still work, they use their EV to drive to work, to pick up the kids from school, to go on holidays, the shopping, and so on. Most EV owners do everything that a ICEV owner does. We are not some odd car owner that is different from any other car owner.
 
Calm down, you mentioned "It isn't a pizzing competition" yet that's exactly what you're doing.

You said "I would also think that most of the people who are currently buying or own an electric vehicle, are those who don't use a car as an essential component of their life e.g for work." Which I totally disagree with, because most people that are buying a Tesla are not retired or super rich. Most buyer EVs in Australia still work, they use their EV to drive to work, to pick up the kids from school, to go on holidays, the shopping, and so on. Most EV owners do everything that a ICEV owner does. We are not some odd car owner that is different from any other car owner.
That is what you believe, Im not saying your wrong, it just isnt what I believe.
Your the one who started the rude comments.
You have no actual evidence to show Im wrong, same as I dont have evidence to prove you are wrong.
But I said it was what I believed from personal observations.
You were just ignorant and said Im wrong, because you disagree.
 
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