Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
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Similar to any other car of similar value, but as modern vehicles continue to prove to be safer, insurance rates should drop.What are the comprehensive insurance rates like ?
The RAC in W.A gives a discount for an E.V, but you have to take into consideration that the insured sum, will be much higher as they cost a lot more for the same vehicle e.g an ICE MG same spec will be a lot cheaper than the EV model.What are the comprehensive insurance rates like ?
Costs don’t scale up perfectly to though.The RAC in W.A gives a discount for an E.V, but you have to take into consideration that the insured sum, will be much higher as they cost a lot more for the same vehicle e.g an ICE MG same spec will be a lot cheaper than the EV model.
So it is difficult to compare apples with apples, a $60k EV insured with the RAC, will be cheaper to insure than a $60k ICE car, but they wont be the same car if that makes sense.
I think that will come more into play as the number of EV's increases, at the moment they are more of a novelty so statistics will be limited, however with the price of petrol the way it is ATM I think the number of people thinking and dwelling on an EV purchase will be exponential.Costs don’t scale up perfectly to though.
Eg
it might cost $500 to insure a $5,000 car.
But only $1,000 to insure $50,000 car.
The reason for this is that the replacement cost of your car only makes up part of the risk the insurer faces, because you are also insuring the cost of the other cars in the road you might damage and all the other buildings and bodies you might hit.
So a $500 car that causes a 5 car pile up will cause almost the same amount of damage as a $50,000 car that causes a 5 car pile up.
What I describe there is the same for all cars, simply pointing out the a car that cost 10 times more to buy doesn’t cost 10 times more to insure.I think that will come more into play as the number of EV's increases, at the moment they are more of a novelty so statistics will be limited, however with the price of petrol the way it is ATM I think the number of people thinking and dwelling on an EV purchase will be exponential.
Not for you and I.
Farley is completely wrong.Jim Farley is spot on.
If the Model T democratized vehicle ownership for the masses, then its possible electrification will have an opposite effect. The outcomes are only vaguely appreciated or understood.
Perhaps only when the gigafactories acheive scale can any of these vehicles be within reach of the average worker. In the meantime only the wealthy swap out their Nissan Patrol for a Mercedes EQS, $125k anyone? (I'm guessing here... but i saw one the other day).
I can't visualise myself spending that much money on any car
Have you ever hauled a caravan ?Not for you and I.
Have you ever hauled a caravan ?
Besides as you pointed out before, once the Ukraine war is over, petrol will be cheap as chips again .
Not for you and I.
Nope, I don’t own a caravan, but as pointed out before you can haul a caravan with an EV if you want.Have you ever hauled a caravan ?
Besides as you pointed out before, once the Ukraine war is over, petrol will be cheap as chips again .
Absolutely.The EV will develop in 20 years as far as the ICE developed in 100, so in 20 years time EV's will be nothing like what is being pumped out now IMO.
Very much like planes, where most crashes are caused by pilots, but there is no way people will like the idea of flying overseas, or even interstate without a pilot. ?Absolutely.
EV's are coming from a point where cars as such are already extremely highly developed such that further development needs only focus on very specific aspects of it.
Only aspect I'm really not convinced about is self-driving.
As a technology OK but I wouldn't be surprised if human driven vehicles end up as one of those things that still exists in practice a very long time after logic says they shouldn't. Time will tell but I won't be surprised if that's the case, it becomes one of those entrenched things that logic says shouldn't exist but still does in practice.
No, I've seen enough episodes of Top Gear / The Grand Tour to know that caravans are extraordinarily dangerous and usually fall apart at highway speeds, catch fire, flood, roll off a cliff or get dropped from a crane so I'm keeping well clear of them. Dangerous.Have you ever hauled a caravan ?
I'm just thinking it'll be one of those things that human driving sticks around.With self driving cars or planes, they can go where the hell they like, we don't like that, it isn't comfortable. ?
The problem is moxjo there are two parts to the issue, one a lot of energy is wasted using electricity to make hydrogen, but hydrogen is a good storage medium for energy.Is this thing legit?
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I'm starting to think something like the above or straight out hydrogen will make more sense then evs alone.
What is this idea ofThe problem is moxjo there are two parts to the issue, one a lot of energy is wasted using electricity to make hydrogen, but hydrogen is a good storage medium for energy.
Two cars don't need a huge amount of energy to drive them, therefore a battery can store enough and it doesn't waste any energy making it, so for cars batteries are great plug it in it sucks up a charge and can do 500klm.
Now with bigger energy consumers like B doubles, hauling freight across Australia hydrogen makes sense, fast fill times low weight and minimal space, that counteracts the loss of efficiency making it, if you used batteries that weren't swap out pack's the time lost charging would be significant and then the weight and space would be an issue.
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