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
People with solar want Ev’s, people with Ev’s want solar, they reinforce each other.
Whether it works really depends on the individual though.

An awful lot of cars aren't parked at home during solar production times. They're either in use or they're parked somewhere else.

Technically that can be worked around but financially not so easy to use your own generated electricity to charge the car.
 
Whether it works really depends on the individual though.

An awful lot of cars aren't parked at home during solar production times. They're either in use or they're parked somewhere else.

Technically that can be worked around but financially not so easy to use your own generated electricity to charge the car.
I would say most cars are parked during peak solar times, sure some of them won’t be parked at home but they will probably be parked somewhere they could be charging. That away from home charging will cost money, but the credits your home solar is earning can help offset that.

Or, you can just charge at night using some of the credits you earned selling your solar production during the day.

The main point I am saying is that if your electricity bill rises either because prices go up or you start charging a car at home, it’s natural to begin looking at solar to reduces those expenses. Once you have solar, most people will want to use that as much as they can to charge their car, whether that’s on the weekend or any other time they can have their car plugged in while the sun is up.
 
I would say most cars are parked during peak solar times, sure some of them won’t be parked at home but they will probably be parked somewhere they could be charging. That away from home charging will cost money, but the credits your home solar is earning can help offset that.
In an engineering sense it works perfectly.

In a financial sense however it doesn't achieve what many are seeking to do, that being to avoid paying electricity network charges. Only way you'll do that requires, in practice, that the car's parked wherever the solar panels you own are located.

Now I say that being fully aware that there are some rather large distortions in network pricing to start with but that's another story. The "use your own solar" basically is an attempt to get around network pricing which only works if you do in fact avoid using the network.

Bit like being offered free parking - only works economically if you do in fact wish to park in that location. Physically though, well you can use any car park just pay for it and all good. Same concept. :2twocents
 
In an engineering sense it works perfectly.

In a financial sense however it doesn't achieve what many are seeking to do, that being to avoid paying electricity network charges. Only way you'll do that requires, in practice, that the car's parked wherever the solar panels you own are located.

Now I say that being fully aware that there are some rather large distortions in network pricing to start with but that's another story. The "use your own solar" basically is an attempt to get around network pricing which only works if you do in fact avoid using the network.

Bit like being offered free parking - only works economically if you do in fact wish to park in that location. Physically though, well you can use any car park just pay for it and all good. Same concept. :2twocents
That's why my sceptical view on ev is actually not selfish, i belong ro some of the few people who could benefit from ev.plenty of panels, producing twice as much as consuming and at home for charging and yet ,even with no cost at all for recharge, still. Ot making sense economically, and not even considering fit for purpose
 
The savings after 30 days, charging overnight and not including the feed in tariff -

savings.jpeg

20,000km travelled and $0 service cost. It is due for a tyre rotation this weekend, and I'm thinking about changing the Cabin Filter early.
 
In an engineering sense it works perfectly.

In a financial sense however it doesn't achieve what many are seeking to do, that being to avoid paying electricity network charges. Only way you'll do that requires, in practice, that the car's parked wherever the solar panels you own are located.

Now I say that being fully aware that there are some rather large distortions in network pricing to start with but that's another story. The "use your own solar" basically is an attempt to get around network pricing which only works if you do in fact avoid using the network.

Bit like being offered free parking - only works economically if you do in fact wish to park in that location. Physically though, well you can use any car park just pay for it and all good. Same concept. :2twocents
As I said though, most people can still use their own solar at some stage through out the week, eg week ends.

And, whether they use their own solar directly, or just use the credits they earn doesn’t really matter to most people, I mean if they earn $5 in solar credits today, and charge with $5 of power tonight, the end result is they topped their car up without raising their electricity bill.
 
More people starting to see the crazy situation happening with batteries, where we are missing the opportunity to develop a business and instead exporting all the materials so some other country can value add and send the end product back to us.
I wonder if Tesla will go one step further and build a gigafactory here? It would certainly be interesting if a conglomerate went in with Tesla for an Australian battery manufacturing industry.

Tesla chair Robyn Denholm says Australia should revive its auto industry by making batteries and electric vehicles to meet soaring global demand and help speed up the transition from petrol and diesel cars.
Denholm said Tesla and others needed more batteries as soon as possible to support the shift to electric vehicles and renewable power projects. The demand gives Australia a chance to build a new industry on its supply of raw materials, she added.
 
On Friday, despite the cancelling of late 2022 manufactured deliveries we re signed for the Volvo XC40, but the new model with slightly longer range designated a MY23 build.
We did not have to put a further 5k down as deposit, and it is due in November.
Our biggest problem is that there are no fast chargers between where we live and Melbourne without doing some detours to get to Euroa.
Plug share shows a few 10 amp wall chargers, but I can't park for ten hours while it recharges.
Really need some fast chargers at Wahring, Seymour, Broadford, Wallan etc.
Mick
We got another email from Volvo saying the delivery had been pushed back until May 2023.
This now the third date we have been givebn, with no guarantee there will not be others.
So that will be a year that Volvo have had our money.
Might ask for interest.
I also ordered a BYD Atto 3 when they came out.
Got an email from them to say that the car has been produced and is now waiting shipment.
Looks like we may end up cancelling the Volvo if the BYD arrives much sooner.
Mick
 
And, whether they use their own solar directly, or just use the credits they earn doesn’t really matter to most people,
It is however a very different argument and essentially a different thing.

Generating bulk electricity and selling it at one price, say 5 cents / kWh, then buying it at 20 cents / kWh to charge your EV.

Technically there's nothing at all wrong with that.

Financially it's the business model of the networks, somewhat flawed but it is what it is.

It does however thwart the "use your own solar" argument since you're not actually doing that unless the car is in fact parked where the panels are and on the same electricity meter.

That's not an argument for or against EV's. It's just saying that for a relatively large portion of consumers the idea of generating their own power to charge it with simply isn't an option. For some it will be but for many it's not. :2twocents
 
It is however a very different argument and essentially a different thing.

Generating bulk electricity and selling it at one price, say 5 cents / kWh, then buying it at 20 cents / kWh to charge your EV.

Technically there's nothing at all wrong with that.

Financially it's the business model of the networks, somewhat flawed but it is what it is.

It does however thwart the "use your own solar" argument since you're not actually doing that unless the car is in fact parked where the panels are and on the same electricity meter.

That's not an argument for or against EV's. It's just saying that for a relatively large portion of consumers the idea of generating their own power to charge it with simply isn't an option. For some it will be but for many it's not. :2twocents
As I said though, it shouldn’t be to hard for most people to actually use their solar once a week, and in the mean time generating credits is better than not generating credits.
 
As I said though, it shouldn’t be to hard for most people to actually use their solar once a week, and in the mean time generating credits is better than not generating credits.
In W.A the feed in tariff is finished for people who now install solar, so really it makes sense to buy a cheap E.V as a runaround, when the car requires replacing especially when the V2G/V2H is introduced. :2twocents
In W.A with the charging infrastructure issues, we have decided that if we want to do an unusually long trip we will just rent a car for the occasion, as family has moved a lot closer the long trips will be few and far between.
I'm a bit surprised that the unions don't include E.V charging in their wage negotiations, I think a lot of companies would jump at it, win/win the workers get free charging and the company gets free PR. I don't think it would even be traded against the wage, a lot of companies would chuck it in as a freebe IMO.
 
I think I would wait the extra year for the EV Bentley 2025 if I were to buy an EV.


gg
You could always downgrade to a mere Roller.
Rolls Ev
Rolls-Royce Spectre will be one of the most luxurious electric vehicle in history. In this article, we will try to give in-depth info regarding what we know about the Rolls-Royce Spectre in September 2022.

117 years after the development of the first Rolls-Royce, British cult brand Rolls-Royce has taken perhaps the most radical step into its future, turning to electric drive. In September 2021, the Rolls-Royce Spectre was officially unveiled and began road testing. The ultra-luxury EV heralds a new era for the brand.
mick
 
You could always downgrade to a mere Roller.
Rolls Ev
Rolls-Royce Spectre will be one of the most luxurious electric vehicle in history. In this article, we will try to give in-depth info regarding what we know about the Rolls-Royce Spectre in September 2022.


mick
A mere Roller, Mick, as you say.

Without wishing to seem snobbish ( @JohnDe will attest I am not ) , Rollers are so common.

gg
 
We got another email from Volvo saying the delivery had been pushed back until May 2023.
This now the third date we have been givebn, with no guarantee there will not be others.
So that will be a year that Volvo have had our money.
Might ask for interest.
I also ordered a BYD Atto 3 when they came out.
Got an email from them to say that the car has been produced and is now waiting shipment.
Looks like we may end up cancelling the Volvo if the BYD arrives much sooner.
Mick
I ordered the Kona on March 1st, apparently I can pick it up on the 27th Sept, so it is a long wait for just about anything.
 
More people starting to see the crazy situation happening with batteries, where we are missing the opportunity to develop a business and instead exporting all the materials so some other country can value add and send the end product back to us.
I wonder if Tesla will go one step further and build a gigafactory here? It would certainly be interesting if a conglomerate went in with Tesla for an Australian battery manufacturing industry.

Tesla chair Robyn Denholm says Australia should revive its auto industry by making batteries and electric vehicles to meet soaring global demand and help speed up the transition from petrol and diesel cars.
Denholm said Tesla and others needed more batteries as soon as possible to support the shift to electric vehicles and renewable power projects. The demand gives Australia a chance to build a new industry on its supply of raw materials, she added.

Possibly a once in a generation opportunity.

The Australian tech executive, whose net worth is estimated to be $688 million from her position on the board of the world’s biggest electric vehicle company, said the shift to the new industry could be achieved without government incentives to subsidise manufacturing.
“Australia is in a unique position because we have the minerals here that other countries don’t have,” she told the National Press Club on Wednesday.
“The supply chains for the electric vehicle and the lithium-ion storage batteries that are key for renewable energy are being formed now. That’s why I think it’s a unique opportunity.
“I do think the private sector and government need to work together. I don’t think that incentives are required because most business people will see the exponential growth that’s going to happen over the next period of time in those minerals.
“And moving up the value chain is important for job creation but it’s also important in terms of the economics that can be yielded with that. And that’s why, from my perspective, the time to act on that is now.”
 
Possibly a once in a generation opportunity.

The Australian tech executive, whose net worth is estimated to be $688 million from her position on the board of the world’s biggest electric vehicle company, said the shift to the new industry could be achieved without government incentives to subsidise manufacturing.
“Australia is in a unique position because we have the minerals here that other countries don’t have,” she told the National Press Club on Wednesday.
“The supply chains for the electric vehicle and the lithium-ion storage batteries that are key for renewable energy are being formed now. That’s why I think it’s a unique opportunity.
“I do think the private sector and government need to work together. I don’t think that incentives are required because most business people will see the exponential growth that’s going to happen over the next period of time in those minerals.
“And moving up the value chain is important for job creation but it’s also important in terms of the economics that can be yielded with that. And that’s why, from my perspective, the time to act on that is now.”
This is where we need some body like the old CSIRO to be fully funded, on a wartime like footing, to develop a battery, EV, Solar, Hydrogen and RE Commodity Exchange.

Our private sector minus Twiggy doesn't have the balls or the means to take on risk.

gg
 
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