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
Currently only about 1% of vehicles in the USA are EVs, but already there are charging restrictions because of electricity supply shortages and infrastructure shortcomings.

Sure, any new development requires new infrastructure to support it, but this is a pretty monumental challenge given that not only is there a plan to increase electricity demand from EVs by a massive multiple, but at the same time there is a push to use more expensive and less reliable sources of electricity.

In Australia the situation is similar. Electricity prices are already skyrocketing mostly due to the government forcing a move away from coal and to more expensive, less reliable options, and on top of that there is the massive push to convert private vehicles to electric.

In Europe we're seeing all sorts of electricity issues as well as other energy crises.

A lot about this whole transition is beginning to seem implausible, or at the very least, set to cause us all a lot of great pain.

Meanwhile, China is set to profit from it directly and indirectly through watching their stated enemies harm themselves, while China itself continues to expand its use of coal.


Catch up ?

What Percentage of New Car Sales are Electric? The sharp increase in electric-vehicle registrations at the start of 2022 meant that the EV share of the overall market in the U.S. hit a historic 4.6

The U.S. market share of plug-in electric passenger cars increased from 0.14% in 2011, to 0.66% in 2015, to 1.13% in 2017, and achieved a record market share of 2.1% in 2018, slightly declined to 1.9% in 2019, then rising to 4.6% by the start of 2022.California is the largest plug-in car regional market in the country, ...

The United States needs many more EV-charging stations—and federal funds for them are coming. Seven principles could help US states and companies accelerate this buildout effectively.
 
Catch up ?
I would agree.

I've been following the US Financial Press on EV and the race is on between states in the USA to get EV manufacturing.

About 120 years ago similar exponential rise in production of the ICE occurred 5 years after New York's biggest headache was getting rid of the manure from the streets because of horse-drawn carriages.

Where are the Australian innovators?

We have a huge GDP, more skilled migrants coming and no manufacturing.

Catch up ;)

gg
 
already there are charging restrictions because of electricity supply shortages and infrastructure shortcomings.
From a technical perspective (ignoring the cesspit that is politics), it's dead easy with a "smart" approach but 100% guaranteed with a "dumb" approach.

Conceptually that's like most things. Everything from IT to gardening tends to fail badly if approached with a brute force dumb approach but it works far better with some smarts.

Technically it's absolutely doable but it requires some smarts otherwise it fails. Same with petrol which also tends to fail rather spectacularly with a bull at a gate approach. :2twocents
 
Dueling yootoobs.



...and from a certified Labor shill 'n all.


Not really a duel more like a 'I agree but' argument, and his only concern is in regards to Utes.

Though he did get a few things wrong, like brake wear for an EV Ute, saying something like 'EV Utes extra weight will cause premature brake wear, over a standard Ute'. What he got wrong there is not taking into account that EVs have regenerative braking, the mechanical brakes are assisted by the regenerative loading that slows the vehicle down. A bit like a 'jacobs brake'

John Cadogan is also having a go at the Prime Minister Anthony Albanese, in a nice way, about the cost and availability of EV Utes in Australia, "PM Anthony Albanese doesn't seem to grasp the problem with EV Utes". John is sort of correct and mentions, 'the problem will happen if the government brings in regulation that enforces that all new Ute sales are to be EV Utes, within the next few years. I very highly doubt that any government will do that.

 
I would agree.

I've been following the US Financial Press on EV and the race is on between states in the USA to get EV manufacturing.

About 120 years ago similar exponential rise in production of the ICE occurred 5 years after New York's biggest headache was getting rid of the manure from the streets because of horse-drawn carriages.

Where are the Australian innovators?

We have a huge GDP, more skilled migrants coming and no manufacturing.

Catch up ;)

gg

Tesla are looking to build more Gigafactory's, one to be announced very soon and it is possibly Canada. If Australian governments and industry put their heads together we could offer try and get into the next round a few year from now.

Imagine having a Tesla Gigafactory build in Australia. New technologies, improved capabilities for our work force, refining of our minerals in our own backyard, supplying EVs to countries in our region. We have all the raw materials. land and sun, we have the technical colleges which the Feds are going to boost with more funding.


New car, EV sales surge

The Australian vehicle market has posted its best August result for five years, with a 17 per cent surge in demand as sales of electric cars hit record levels.

“Year-to-date EV sales are two per cent of the total market, hybrids are 7.6 per cent and plug-in hybrid vehicles are 0.6 per cent.

Combined electrified vehicles are now just over 10 per cent of total sales in 2022.”

 
Tesla are looking to build more Gigafactory's, one to be announced very soon and it is possibly Canada. If Australian governments and industry put their heads together we could offer try and get into the next round a few year from now.

Imagine having a Tesla Gigafactory build in Australia. New technologies, improved capabilities for our work force, refining of our minerals in our own backyard, supplying EVs to countries in our region. We have all the raw materials. land and sun, we have the technical colleges which the Feds are going to boost with more funding.

Nah, it'll never work, just ask @Value Collector . :)
 
Not really a duel more like a 'I agree but' argument, and his only concern is in regards to Utes.

Though he did get a few things wrong, like brake wear for an EV Ute, saying something like 'EV Utes extra weight will cause premature brake wear, over a standard Ute'. What he got wrong there is not taking into account that EVs have regenerative braking, the mechanical brakes are assisted by the regenerative loading that slows the vehicle down. A bit like a 'jacobs brake'

John Cadogan is also having a go at the Prime Minister Anthony Albanese, in a nice way, about the cost and availability of EV Utes in Australia, "PM Anthony Albanese doesn't seem to grasp the problem with EV Utes". John is sort of correct and mentions, 'the problem will happen if the government brings in regulation that enforces that all new Ute sales are to be EV Utes, within the next few years. I very highly doubt that any government will do that.

But i liked knowing that an ev F150 pulling a big caravan has a 160 km range..imagine all these grey nomads here queuing and clogging recharge stations on the freeway which bring ups quickly to the realisation that wanted or not, the grey nomad will diseappear as will any inlanf small or medium town reducing Australia to capital cities and a few centers , plus wilderness, empty first nation reserves and giant farming areas..which just happen to be the Reset model.
All is good...
 
But i liked knowing that an ev F150 pulling a big caravan has a 160 km range..imagine all these grey nomads here queuing and clogging recharge stations on the freeway which bring ups quickly to the realisation that wanted or not, the grey nomad will diseappear as will any inlanf small or medium town reducing Australia to capital cities and a few centers , plus wilderness, empty first nation reserves and giant farming areas..which just happen to be the Reset model.
All is good...
Interesting qldfrog, first that you have taken me off your ignore list in the last hour or two & then put me back on it, and secondly you like a model not available in Australia and it’s 160 ml towing range.

Regardless of the required usage, the fact is that EV Utes are in their infancy and I’m guessing about where EV cars were about 10 years ago. Like the Tesla Model S, a very expensive model that only the wealthy could afford but it opened the way for funds that allowed development of cheaper models with longer range.

Give it a few more years and there will be improved battery & motor technology, and software improvements.

No one in government is calling for the instant replacement of the Ute with EV alternatives. Only the scaremongers.
 
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No one in government is calling for the instant replacement of the Ute with EV alternatives. Only the scaremongers.
True in the Australian sense perhaps but there are certainly places overseas looking to ban the sale of ICE light vehicles completely. :2twocents
 
Nah, it'll never work, just ask @Value Collector . :)
Building whole cars wouldn’t work, but a giga factory for battery packs might, but I am no expert on the economics of shipping completed battery packs vs battery materials.

If assembling batteries here lowers shipping costs it would work, if shipping bulk nickel and lithium lowers shipping costs then it won’t.

All that also relies on the cost of Labour in Australia though, which is generally high.
 
True in the Australian sense perhaps but there are certainly places overseas looking to ban the sale of ICE light vehicles completely. :2twocents
Let's be honest, the whole aim for these bans is to prevent individual car ownership all together.a return to the uk industrial revolution: masses of workers eating margarine, bread and sweat tea, never moving further away than a bicycle ride away from their hutch on the sunday, and a couple of times lifetime using public transport to go to a wedding or a funeral.
Why would you move when you can Zoom and VR travel.
Once this is acknowledged, you quickly understand that few will be able/allowed to owe EVs and the range ,or ability to pull a caravan is a non issue.
 
Let's be honest, the whole aim for these bans is to prevent individual car ownership all together
At a technical level I'm very sure it's all doable with the right approach. I say that having crunched plenty of numbers and so on, it's not just an ideological or in principle comment. Done properly electric vehicles are workable.

On the other hand well yeah, I ain't no fan of the "you will own nothing and be a slave" crowd coming up with ways to stop anyone other than the rich driving. :2twocents
 
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