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
Unfortunately, it took me all day to get back to the computer after working in the shed.


I have driven a Tesla when I was in the US about three years ago before the dreaded Covid hit.
Excellent car, and surprised me greatly.
Unfortunately, it does not match our needs sufficiently.
As to you not having an issue, with OTA, that may or may not change in the future.
I merely highlighted some instances where the software updates have had issues for others, and in my experience, will continue to have the odd software glitch, as long as humans are writing the software.
Mick
Can’t software have issues regardless of over the air updates?

Your car could roll out the factory with the latest software and have glitch installed, at least with over the air updates they can send you a patch without having to take the car back into the dealership.

I think when it comes to software faults, over the air updates will fix more problems than they cause, because any problem can be quickly patched but without it the problems will hang around for months or years.
 
As far as I know (for Tesla models) over the air updates are not automatic, the owner decides if they want it installed and then approves the download.
Yep, a notification normally pops up on my phone and says there is an update available, then I open the Tesla app and click install now.
 
GM and Honda to join forces, to produce a range of affordable E.V's and at last they are starting to get serious about standardising parts.

From the article:
Their aim is to keep prices to about $US30,000 ($39,900). Currently the cheapest EV on sale in Australia is the Chinese MG ZS EV priced at $46,990 drive-away.

GM says it’s focused on compact SUVs as it is the biggest market in the world with more than 13 million sales annually.
The two companies will work to create standardised equipment and processes to help reduce the cost of production and development.

Most new electric cars are built on modular platforms that allow for a wide range of body shapes to be built on the same architecture
 
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I watched a YouTube video over the weekend where a Tesla buyer went into the Melbourne collection centre to pick up his new car. He said he paid about $60k for it, and could drive it home and resell it for about $65k as the the waiting period for one like it is up to 10 months, and he heard that some buyers are so desperate to get one now that they even pay a premium for the privilege - maybe that's an urban myth, but it's not the first time I have heard the same thing! In China there are EV "buyers" who tap into "in-demand" pre-orders with their paid up deposits, and then on-sell their "deposit" for up to 3 times what they paid.
These are credible stories based on what's going on when you try to buy a Kia EV6 or Hyundai Ioniq 5.

On a different subject, battery technologies continue to push new boundaries. Gotion recently announced that it expects to bring production of a semi-solid-state battery with an energy density of 360 Wh/kg in the near future. That's about twice the energy density of a good LFP battery, so we can see that high end cars in future will not have any problems with "range".

It looks like NEVs are going to lead the charge in every aspect of vehicle enhancement that leads to lower comparable production and operating costs, greater safety, autonomous driving, and extended trip range. In that regard we earlier adopters will miss out on step change improvements. However, we will have the satisfaction of continuing to drive BEVs while waiting 6-12 months for upgraded versions to be available for collection.

A good opportunity to start an EV futures market !
 
Looks like a continuing problem with diesel engines -

DPF's were always a temporary fix for a long term problem. VW knew this, that's why the added the 'cheat' program to the vehicles PCM. How many more manufacturers will be affected? Will there come a time when manufacturers and governments will start taking Diesel models off the road?

This added cost is going to eat into the R&D budget.

We could see manufactures downsizing or closing in the near future.
 
This is a great comparison of the other brands charging networks vs Teslas, and shows why Tesla still has the major advantage in the space,

The good info starts at the 2.30 mark (after their ads at the start)

 
This is a great comparison of the other brands charging networks vs Teslas, and shows why Tesla still has the major advantage in the space,

The good info starts at the 2.30 mark (after their ads at the start)




Wow, I know from personal experience that Tesla charging is amazing, but I did not realise how far behind the other EV manufacturers are.
 
The above statement looks great until you read that they will still be producing PHEV's, which have an ICE engine.
But hey, don't let the facts get in the way of a good story.
Mick
 
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The end of ICE engined cars in OZ will not come from Government policy, it will be imposed by the manufacturers.
BYD has stopped producing ICE cars, others will quickly follow suit.

Mick


The above statement looks great until you read that they will still be producing PHEV's, which have an ICE engine.
But hey, don't let the afcts get in the way of a good story.
Mick
The problem will be the ICE engine will be a drag on manufacturers bottom line, that is why most are stopping development and sharing engines, they will still have to supply parts for 10 years after production stops.
If they keep pouring money into the ICE component, the E.V manufacturers advantage just continually increases, because they have more profit available to support R&D and expansion.
The ICE manufacturers that continue production and development, will be hoping that the slide eventually bottoms out at a level that still gives them a reasonable profit.
The problem with that is, the ICE engine has been developed to a very high degree of efficiency already, so any improvements are going to be costly, secondly public sentiment world wide is against them and thirdly the E.V architecture is shared with the computer industries.

The industrial sector, the manufacturing sector and the technological advancements in their electronic control systems, is easily adapted to the E.V drive system and the control ECU, so a lot of the software and hardware will be adapted to the E.V speed and AI collision avoidance and self driving software.
Yet all the development cost of the microprocessors and software wont be at the E.V manufacturers expense, whether the speed control software/hardware and equipment is driving an E.V or some drive motor in a factory process the underlying technology is similar.

I personally can't see how ICE vehicles wont eventually become a cottage industry, IMO they will probably bottom out when hydrogen is readily available at a reasonable price, then some will convert their classic ICE engines to run on H2 injection.
Just my thoughts.
 
This is the 20 min highlights of Teslas latest event / opening of the Tesla Giga factory in Texas, Its the latest factory building in the world and the "most advanced car factory earth has ever seen.

I love the part at the 11.50 min mark where he compares it to their original factory in California (which is still producing at max speed), and says the new Texas factory was designed like computer chip.

 
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The problem will be the ICE engine will be a drag on manufacturers bottom line, that is why most are stopping development and sharing engines, they will still have to supply parts for 10 years after production stops.
If they keep pouring money into the ICE component, the E.V manufacturers advantage just continually increases, because they have more profit available to support R&D and expansion.
The ICE manufacturers that continue production and development, will be hoping that the slide eventually bottoms out at a level that still gives them a reasonable profit.
The problem with that is, the ICE engine has been developed to a very high degree of efficiency already, so any improvements are going to be costly, secondly public sentiment world wide is against them and thirdly the E.V architecture is shared with the computer industries.

The industrial sector, the manufacturing sector and the technological advancements in their electronic control systems, is easily adapted to the E.V drive system and the control ECU, so a lot of the software and hardware will be adapted to the E.V speed and AI collision avoidance and self driving software.
Yet all the development cost of the microprocessors and software wont be at the E.V manufacturers expense, whether the speed control software/hardware and equipment is driving an E.V or some drive motor in a factory process the underlying technology is similar.

I personally can't see how ICE vehicles wont eventually become a cottage industry, IMO they will probably bottom out when hydrogen is readily available at a reasonable price, then some will convert their classic ICE engines to run on H2 injection.
Just my thoughts.
secondly public sentiment world wide is against them
A somewhat narrow view of the world :
1 billion at most in economies which we could call under destruction
 
A somewhat narrow view of the world :
1 billion at most in economies which we could call under destruction
That could be very true frog, but right or wrong, the major manufacturers and the first world governments have embraced it so at this point in our history this is the path it is going.
I personally think the change at any cost is a foolhardy and wasteful approach, but I'm also aware that I can't change it and at my age I will be wasting life and opportunity if i don't ride the wave, I also live in a country that is going overboard chasing the dream.
If it all falls on its ar$e in 20 years time and they say we need to change direction, I'll be knocking the door of 90 so wont give a $hit. ?
The other thing is, if in 5 years something else comes out, that supersedes this E.V, the son who is off grid can have it to run into town and back from his block and I'll buy the new technology car. ;)
 
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Does anyone have any data they can link to how much we save in carbon emissions into the atmosphere by increasing EV usage within the expected timeframes of phasing out and replacing fossil fuel powered electricity production with renewables?

Seems in the excitement the cart is getting in front of the horse.
 
Does anyone have any data they can link to how much we save in carbon emissions into the atmosphere by increasing EV usage within the expected timeframes of phasing out and replacing fossil fuel powered electricity production with renewables?

Seems in the excitement the cart is getting in front of the horse.
This video is has some good comparison’s, and the links to the science studies are in the description.

 
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