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 21.7%

  • 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
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frugal.rock said:
Not his only complaint.
Delivery dates kept changing right up to when it was actually delivered and customer service was crap.
The customer service is the main thing he's not happy about.
No one likes constantly shifting goal posts except the carny side show owner.
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Sounds like what happened to a couple of my mates. One ordered a Porsche Macan, the other a Kia Cerato GT. Both had the promised delivery dates extended by months.
My Macan mate finally got a definite delivery date while away overseas, the dealership had to hold it for 3 weeks until he got back. Due to having numerous cars & going OS he wasn’t fussed.
The other mate was so put out he was ready to cancel & go buy a second hand car, but the dealership managed to get his order fulfilled only 6 months after the 3 month promise. Having so many delivery dates promises broken & ruined plans, he’s never going to buy the same brand again.

The world of ordering and having a new car delivered in several weeks are gone.
 
There's always opportunity for those that can see

Tech billionaires Mike Cannon-Brookes and Cameron Adams rev up second-hand EV start-up

Atlassian co-founder and tech billionaire Mike Cannon-Brookes’ philanthropic green energy fund Boundless has made its first investment, joining Canva co-founder and fellow rich lister Cameron Adams in pouring $10m into The Good Car Company, a second-hand car marketplace for electric vehicles.

The Good Car Company, which is based in Tasmania and is Australia’s largest importer of second-hand EVs, is tackling what its co-founder Anthony Brose van Groenou describes as the two biggest barriers to local electric vehicle adoption – supply and affordability.

“Australia is comparatively underserved by availability and affordability of electric vehicles,” Mr van Groenou said.

“We delivered Australia’s first community EV bulk buy in 2019 and every year we witness more and more people wanting to transition to EVs and the opportunities they unlock.

“And it’s amazing to have two of the biggest and most successful tech companies in Australia backing us, I’m pinching myself.”

The investment will boost the number of affordable second-hand EVs The Good Car Company imports into Australia by tenfold per year, from about 200 to 2000. The start-up is importing pre-owned and new EVs from the UK and Japan to accelerate Australia’s EV uptake, a plan Mr van Groenou said would reduce the nation’s carbon emissions by thousands of tonnes.

The cars, which include the Nissan Leaf, Nissan eNV200 electric van and Peugeot e-expert van, will come with consumer protections including battery warranty and roadside assist, and will help expand the number of EVs available in Australia from a handful of models to eventually hundreds.

“We’re doing this as a means to an end,” Mr van Groenou said. “It’s kind of like a trojan horse, the electric vehicles, which will open up so much more than just that. It’s an inevitability that we’re going to have electrified transport, which is batteries on wheels, and there’s a whole raft of other things that tie into decarbonising our economy that we’ll then be able to do.”

He said Australia’s lack of a fuel efficiency standard was hurting EV adoption. In New Zealand, fuel efficiency standards saw the country’s electric vehicle adoption rise from 3 per cent to 10 per cent in just over a year.

The Good Car Company will sell the cars starting at $20,000 but will eventually offer them via a subscription platform, to help ease cost of living pressures for consumers. Vehicles will also be available through a series of community-based “bulk buy” campaigns around the country.

Boundless organised August’s National EV Summit in Canberra, and was formed out of a $1.5bn pledge by Mike Cannon-Brookes and his wife Annie towards a goal of cutting Australia’s carbon emissions and helping turn the nation in to a “renewable energy superpower”.

“At Boundless, our investments, initiatives, and partnerships are focused on ensuring Australia becomes a renewable energy superpower by 2030. With transport accounting for 18 per cent of Australia’s emissions, we knew our first priority had to be bridging the growing gap between demand for EVs among Australians and the supply available within an attainable price point,” said CEO Eytan Lenko, a former software engineer.

“The Good Car Company is a perfect fit, and we’ve been impressed by their continued advocacy towards investment in the EV industry as a whole. Boundless funding will help The Good Car Company increase their supply of affordable EVs by a factor of 10 and put them in a great position to catalyse further capital.”

Canva co-founder Cameron Adams and his wife Lisa Miller have also committed funds towards the company.

“It was incredibly exciting to meet a trio of entrepreneurs tackling climate change and electrification in our own backyard, and we have been enthusiastic supporters ever since,” Mr Adams said.

“The Good Car Company’s commitment towards action and changing the current state of play one car at a time is exactly what Australia needs right now.”

DAVID SWANTECHNOLOGY EDITOR
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www.goodcar.co

Affordable Electric Vehicles in Australia | The Good Car Company

We provide high-quality and affordable electric cars and vans across Australia to assist in an equitable transition to low emissions transport.
www.goodcar.co www.goodcar.co
 
Electric utes on the way.

thedriven.io

Volvo parent Geely starts making $40,000 electric utes

New electric ute from Volvo parent Geely hints at new wave of cheaper options.
thedriven.io thedriven.io
Electric utes are all the buzz and it’s one EV segment where there aren’t any options currently available in Australia – yet. LDV has announced an electric ute for the local market but a new contender from Volvo parent Geely hints at a new wave of cheaper electric ute options.
Mass production and customer delivery of EV utes have seen many challenges by various brands across the world.
That could be set to change with the production of the Geely-owned Radar Auto brand producing their first batch of Radar R6 utes this week.
Radar Auto launched back in July this year and within two months has already produced its first batch of EV utes with prices equivalent to $US25,240, under $A39,000 in Australian dollars.

Screenshot 2022-10-06 100407.png
 
SirRumpole said:
I wonder if it's passed crash tests.
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Interesting question. From the video the steel bar on the sides of the car are solid and an integral part of the structure.

I certainly don't think there is any crumple zone though. From the walkthrough in teh factory it is a (relatively) robust construction for a micro car. The reviewer compared it favourably to the Citroen iteration which he said was far more flimsy (but half the price)

However it seems to have passed regulations for sale in Europe becasue it is a production car.
 
basilio said:
Interesting question. From the video the steel bar on the sides of the car are solid and an integral part of the structure.

I certainly don't think there is any crumple zone though. From the walkthrough in teh factory it is a (relatively) robust construction for a micro car. The reviewer compared it favourably to the Citroen iteration which he said was far more flimsy (but half the price)

However it seems to have passed regulations for sale in Europe becasue it is a production car.
Click to expand...
From what i understand it is a microcar, has limited speed and so is outside the car specs regulation.
A bit like the Ligier vehicles
https://www.ligier.fr/en/..no driving licences required in France..classified as moped.
Not legal in Australia as far as i know a great scooter for cold and wet weather city driving
 
China’s new energy vehicle (NEV) boom continues to power on with major producers, BYD and Tesla both reporting big sales jumps to record levels in September when the total sector topped 600,000 sales for the first time.

The China Passenger Car Association said in a report that total NEV sales were around 664,000 units last month (the final figures are out later in the week), up 87% year-on-year and up 5% from August.

Western analysts say that while sales have been boosted by government subsidies, so too have sales of internal combustion engine powered vehicles since mid-year after sales slumped badly in the Covid lockdowns, so there’s no real official preference for either type of vehicle.

The top three sellers were BYD sold 200,973 new energy passenger vehicles in September, Tesla China 83,135 and the SAIC-GM-Wuling joint venture,52,377.
 
qldfrog said:
From what i understand it is a microcar, has limited speed and so is outside the car specs regulation.
A bit like the Ligier vehicles
https://www.ligier.fr/en/..no driving licences required in France..classified as moped.
Not legal in Australia as far as i know a great scooter for cold and wet weather city driving
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The EV itself may have limited speed, but other vehicles of greater mass may crash into it and then the Microlino occupants will be mashed.
 
SirRumpole said:
The EV itself may have limited speed, but other vehicles of greater mass may crash into it and then the Microlino occupants will be mashed.
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Yeah, but some people ride motorbikes and mopeds too. I guess not everyone feels they need to sit in a tank.
 
SirRumpole said:
The EV itself may have limited speed, but other vehicles of greater mass may crash into it and then the Microlino occupants will be mashed.
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who cares about common sense; being right does not mean the tests will be changed, as the tests check impact against a wall at different approach angles.
as long as you are not wedged, then the small car will bounce
obviously in real world, you will be pancaked between a wall, another car or truck and the latest US Ram Ute (3.5t..potentially towing15.8t :-( ) that your Sydney plumber bought to can his box of tap seals for apartment maintenance ;-)
absolutely unwise in Australia IMHO
 
SirRumpole said:
Electric utes on the way apparently.

www.abc.net.au

Electric utes are finally here. They're about to dominate new car sales, report predicts

Australians have been told that electric utes will never work – and even that they don’t exist. Now, with the first models about to arrive in the country, a report predicts they're going to boom in popularity among fleet managers and tradies.
www.abc.net.au www.abc.net.au
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great news but that is ABC so as truthful as a G Bush.
They mentioned $20k extra vs diesel version.Will you save the 20k in diesel and service cost within 10y?
And a 350 km initial range after 5y, and on hot hilly roads with some load will probably go down to what 100km+ or 50km trip and return...
Great for the urban warriors driving back and forth to work..and fleet managers caring for these.less for real users
not yet a farm tool that is for sure
I also note once again that the only way for these to become popular is to force their use..sorry change emissions rules...
Let's see how many people will be able to afford..any .. new car in 5y time
 
Value Collector said:
Yeah, but some people ride motorbikes and mopeds too. I guess not everyone feels they need to sit in a tank.
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Well the fact is that most of t he vehicles on the roads these days seem to be SUVs who would have trouble seeing a micro car.

If we all drove micros things would be fine, it may happen one day but until then the mass difference in a crash would be a concern.
 
Value Collector said:
@sptrawler

You might get your wish of Tesla opening up its charging network if this pilot program goes well.

www.torquenews.com

Elon Musk Reveals Tesla’s Supercharger Profit As The EV Maker Prepares To Open The Network

Tesla is currently conducting a pilot program to open up the supercharger network to none-Tesla vehicles. And this has raised the question, how much profit can the EV maker make from this move. Today, Elon Musk revealed the surprisingly small profit Tesla plans to make.
www.torquenews.com www.torquenews.com
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It's a no brainer for Tesla IMO, they are the most popular EV, so the more people who get over the range anxiety the better for Tesla, as it will mean more people will buy EV's.
Win/ win for Tesla, they charge for network usage and more people buy EV'S, so more sales for Tesla.
 
sptrawler said:
It's a no brainer for Tesla IMO, they are the most popular EV, so the more people who get over the range anxiety the better for Tesla, as it will mean more people will buy EV's.
Win/ win for Tesla, they charge for network usage and more people buy EV'S, so more sales for Tesla.
Click to expand...

EV sales.png
thedriven.io

Tesla dominates EV sales figures by a long shot – here's why

Recently released EV sales figures provide a stark reminder of Tesla's dominance in the market – and the main reason behind it.
thedriven.io thedriven.io
 
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