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Electric cars?

Would you buy an electric car?

  • Already own one

    Votes: 10 5.1%
  • Yes - would definitely buy

    Votes: 43 21.7%
  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.4%
  • Maybe - preference for neither, only concerned with costs etc

    Votes: 38 19.2%
  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 25 12.6%
  • No - would never buy one

    Votes: 14 7.1%

  • Total voters
    198

You can scrap China from that theory. And with the worlds largest vehicle manufacturers transitioning to EV production there wont be many ICE manufacturers left. Possible a few high end luxury/sport manufacturers, and some medium level consumer ICEV manufacturing in developing countries.
China’s market for new energy vehicles (NEVs), comprising mainly electric and hybrid-powered vehicles, surged by 157% to a record 3,521,000 units in 2021, according to passenger car and commercial vehicle wholesale data released by the China Association of Automobile Manufacturers (CAAM).
Sales of battery-powered electric vehicles (BEVs) increased by 161% to 2,916,000 units in 2021, making China by far the world’s largest single market for these vehicles, while sales of hybrid vehicle rose by 141% to 605,000 units. Together they accounted for all of the automotive market’s near 4% growth last year, while sales of conventional internal combustion engine (ICE) vehicles fell by over 5% to 23.9 million units – according to the association’s data. This includes a 4% decline in deliveries of ICE passenger vehicles to 18,148,000 units and an 8% drop in ICE commercial vehicles to 4,607,000 units.
2021 was the fourth consecutive year of decline for ICE vehicle sales in China and it looks like this trend will continue uninterrupted, as NEVs claim an increasingly large share of the local market. For ICE vehicle sales in China, terminal decline is already well underway.
 
Ice cars are VHS
hybrids are DVD
electrics are internet streaming.

The concept of EV’s sounds crazy to some groups, in much the same way that streaming video over the internet would have sounded in the year 2000.

But yet in 2010 Block buster video went bankrupt, and today almost everyone’s TVs are connected to the internet, even my 86 year old grandmothers smart TV is connected to the internet.

Can you imagine how many reason people would have given in 2000 as to why Internet streamed TV wouldn’t be a thing, yet here we are all looking back in disbelief that we used to have to rent videos from block buster in the first place.

To me installing vehicles chargers and selling ev’s is a way smaller change than moving from VHS rentals to video streaming.
 
I'll believe that when I see the schleppers driving a clapped out EV to go pick up their dole. (Who all have streaming video)
 
Anyone looked at plugged in hybrid especially mg one?
I think PI hybrid would be ideal for us.
Just found https://www.whichcar.com.au/car-advice/phev-on-sale-in-australia
I looked into them, but the numbers didn't stack up, the electric range was limited, the new price wasn't much different to pure EV, the Govt were putting 2c/km charge on them, servicing costs were higher, so I went pure EV.
The best PHEV on paper seemed to be the Mitsubishi Outlander, the new one sounds as though it will be quite expensive, the superceded one was about $50-55k. The MG was about $50k.
I liked the idea of PHEV but for me the option of having the ICE backup for long distances, wasn't essential, now the son has moved closer to where we live.
 
I talked to a number of PHEv owners here in the sticks, and the general consensus was that the ICE was running 90% of the time.
On the freeway at 110 they tended to run out of Ev power very quickly and the iCE came on and stayed on.
Fine for short trips at 60 l around town, but not for sustained regional driving.
Mick
 

I no longer see the reasoning for Hybrids. Their electric range is limited by the battery size, which makes them more suited for local driving, the petrol engine ensures that long distance driving is possible. Th problem with those two packages in one car is that if you mainly drive local then you might as well just get an EV, if you mainly drive long distance then get an ICE, if you do a combination of both get a proven long distance EV.

The company claims 84 kilometres of all-electric driving range, according to Australia's notoriously-lenient ADR81/02 test protocols 2022 Mitsubishi Outlander Plug-in Hybrid
 
I'll believe that when I see the schleppers driving a clapped out EV to go pick up their dole. (Who all have streaming video)
Haha, considering they probably all drive bombed out used cars, I wouldn’t use them as the leading indicator, naturally they will be the last group to get them.

I am sure they weren’t the first group to get smart TV’s or internet connections either.

If you were waiting for the “schleppers” to get smart TV’s and Netflix to be your indicator to sell your Blockbuster shares, I think you would have still been holding your Block Buster shares at the 2010 bankruptcy hearings ?.
 
Even on the freeway it’s still flicking between the two and sometimes using both.

Eg. There petrol engine might be running, but not revving as hard as it would be in a pure ice, because the two can be working together.
 
Ummm, extrapolating my investment decisions based on my comments above is a bit if a stretch there, old bean.

My point is that I have trouble seeing them being viable at the low end of the market, new, or second hand, unless they they depreciate so violently that the schleps can buy them for next to nothing and just dump them in the bush when there are significant repair costs or battery replacement etc.

Who knows, maybe that's how it will turn out.
 
The old batteries will be valuable as scrap metal as will be the electric motors so I doubt people will be dumping them in the bush.

But the vehicles that populate the used car market are simply a result of the vehicles that people by new, the more New evs that get sold the more evs will end up in the used car market.

Also, the newer Tesla batteries are predicted to last more than the life of the car, even the exisiting ones have a life of over 350,000 km which most Aussie cars hit the scrap heap before that anyway.
 
The other consideration is that not all markets are the same, so China and India will be producing mini EVs for under AU$10k.
Indonesia is now getting the Wuling "Air" which is even smaller that the best selling EV model in Asia.


I watched a Chinese automaker being interviewed last week and he said the switch to all EVs made sense because even in China they could sell every EV that came off their production line. And in some cases their advance order books meant that that preproduction numbers already carried them into 2023. Last count BYD had over 500K preorders on their full range of models.

One thing the EV market will do, once reasonable numbers are available, is collapse second hand ICEV prices so that decent cars will be stocking car yards at very affordable prices. And until EV availability is much better, used EV will continue to be sold nearer their original price and occasionally at a premium.

The concept of an old banger will be a Merc, Porsche or Audi as the new status symbols will often begin with a "T".
 
The UK authorities have gone one better than the European parliament and planned to ban new sales of ICE cars by 2030,
From BBC News
Hows that ole song go, anything you can do, I can do better.
Mick
 
I think that is a very good point about the price of evs forcing the price of Second hand ICE down, the only thing that might stop that from happening is the “Osborne effect”
 

Some people seem to be salivating at the prospect of cheap Chineses cars coming to our market, I am not. Maybe because I've been involved in the market for 30 odd year and see a lot more than most, and know that cheap does not usually go together with quality and safety.

 
MG stepping up the ante.

With a four-second 0-100km/h time, Chinese brand MG's new electric hatchback could give drivers of mid-range Teslas a run for their money... for far less money.
 
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