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 21.9%

  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.8%

  • Maybe - preference for neither, only concerned with costs etc

    Votes: 37 18.9%

  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 24 12.2%

  • No - would never buy one

    Votes: 14 7.1%
  • Total voters
    196
Jump to new
mullokintyre said:
Why did they not compare a golf from 2022 with the one from 1980?
Or why not compare a 1980 range Rover with one from 2022?
Range Rovers are so representative of drivers. :rolleyes::rolleyes::rolleyes:
Mick
Click to expand...

In 1980 the world was downsizing its vehicle fleet. Fuel scares and cost where the issue. Holden dropped the Kingswood for the smaller Commodore, Chrysler introduced the Sigma, the Gemini was a big success for Holden, Datsun Stanza was introduced. No one had an SUV, the only 4WD's around were from RangeRover, Toyota, Nissan, and a few minors. The most popular vehicles were small to medium cars.

Jump forward to the past 20 years and every manufacturer has an SUV, the top selling vehicles are large dual cab Ute.

The Range Rover is representative to present vehicle size, the Golf represents the average size for the 1980's, and so on.

By the early 1980s, the downsizing practice had expanded to nearly all size segments as product lines completed model cycles within each company.​

Downsize (automobile) - Wikipedia

en.wikipedia.org en.wikipedia.org
 
In an effort to ensure that everything is made in the USA, the Biden Administration have cut EV subsidies for some vehicles, including the batteries, that are not wholly manufactured in the US.
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Guess that would not work here in OZ.
Mick
 
mullokintyre said:
In an effort to ensure that everything is made in the USA, the Biden Administration have cut EV subsidies for some vehicles, including the batteries, that are not wholly manufactured in the US.

Guess that would not work here in OZ.
Mick
Click to expand...
It would, but for that to happen there would have to be some push back against the those that hold the wealth and every time that happens the politicians end up in a world of pain.
Much easier just to leave the status quo and keep the minions in the treadmill, occupied thinking about the small picture.
While the house burns down. :roflmao:
 
sptrawler said:
It would, but for that to happen there would have to be some push back against the those that hold the wealth and every time that happens the politicians end up in a world of pain.
Much easier just to leave the status quo and keep the minions in the treadmill, occupied thinking about the small picture.
While the house burns down. :roflmao:
Click to expand...
We've gone too deep down the rabbit hole with foreign trade partners, China already partly owns lithium mines in Australia as we all know the battery is the biggest cost of an EV. There's a lot of let's say part business sponsorship in Australia through investment type funds with Chinese conglomerates that's a bit like 'how ya going' type of themes and nobody knows much or any of the wiser as long as we get our money.
 
mullokintyre said:
In an effort to ensure that everything is made in the USA, the Biden Administration have cut EV subsidies for some vehicles, including the batteries, that are not wholly manufactured in the US.
View attachment 169747
View attachment 169748
Guess that would not work here in OZ.
Mick
Click to expand...
Here you go Mick, just shows how the narrative can distort the reality, manufacturing can't be done in Australia, so suck it up plebs. :roflmao: :roflmao:
Australia the land of the great mushroom, now that would really work well, they grow like mad here.


A court in the Canadian province of Quebec on Friday blocked a green group’s bid to temporarily halt the construction of a $5.2 billion plant by Swedish lithium-ion battery maker Northvolt, the group said.
 
Posters would be aware that there is a similar situation to the Northvolt battery plant in Sweden.

The Australian company Talga is planning a vertically integrated graphite mine and construction facility that will produce critical graphite anodes for the European LiOn battery market. That project is being held up with an appeal to the Swedish Supreme Court.

www.talgagroup.com

Graphite, Graphene and Battery Anodes - Talga Group

Everyone knows that carbon is a prominent element in the context of climate change. Indeed, billions of tonnes of CO2 have been pumped into …
www.talgagroup.com www.talgagroup.com
 
Who would have guessed that 12 months ago?

“The increase in global sales of the Model Y is unprecedented, particularly for a vehicle in the top ten best-sellers,” said JATO Dynamics global analyst Felipe Muñoz. “What Tesla has been able to achieve with the Model Y in such a short space of time is simply remarkable.​


Tesla Model Y was the world’s best-selling car in 2023, dethrones Toyota

The Tesla Model Y was the world’s best-selling vehicle in 2023, according to preliminary data.

Market research firm JATO Dynamics reports the Model Y’s 1.23 million sales across the 2023 calendar year will see it comfortably outsell the Toyota RAV4/Wildlander (1.07 million sales) and Toyota Corolla/Levin/Lingshang (1.01 million sales).

The firm says there are still a few markets which have yet to release vehicle sales figures, but the Model Y is in an “unassailable position”.

Global Model Y sales were up 64 per cent on 2022, and it accounted for two in three deliveries by the brand in 2023.


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“The increase in global sales of the Model Y is unprecedented, particularly for a vehicle in the top ten best-sellers,” said JATO Dynamics global analyst Felipe Muñoz.
“What Tesla has been able to achieve with the Model Y in such a short space of time is simply remarkable.

“The average retail price of a Tesla Model Y in November 2023 was 18 per cent and 23 per cent lower than the average cost of an EV in Germany and USA respectively.

“The price cuts over the course of the year combined with Tesla’s reputation as a reliable and competitive EV manufacturer, helped to fuel already high demand.

“While Toyota still experienced a strong year in 2023, the RAV4 and Corolla are simply unable to compete in the electric car market, which is becoming increasingly established and important across Europe and China.”

As previously reported, the Model Y was the best-selling vehicle in Europe. It also took the top spot in China, with more than 456,000 vehicles sold – up 45 per cent over 2022.

JATO Dynamics has collated data from North America, Europe, China, Australia, New Zealand, India, South Korea, Russia, Turkey, Israel, Japan, Taiwan, South Africa, and Philippines.

Also included is data from the largest markets in Latin America, some in Southeast Asia, while preliminary data has been used for markets like the Middle East, Malaysia, Thailand and Singapore, among others.

While the Model Y was only the sixth best-selling vehicle in Australia in 2023, it was the best-selling vehicle among private buyers – the first time an EV has earned this honour.

Tesla sold 28,769 Model Ys in Australia in 2023, with 20,577 of these – or 71.52 per cent – going to private buyers. It’s the first time an electric vehicle (EV) has topped the private sales charts.
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This is a really stunning example of just how reliable and cost effective electric cars can be.
A Tesla Model s with 700k on the clock. It saves the owner 20k a year on fuel and maintenance.
It is on a second battery pack. Tesla replaced the first pack under its 8year warranty at 666,666k
The rest of the story considers what the operating life of current Tesla 3 and Y vehicles will be.

Australian Tesla clocks 700,000 km, still saving $20,000 a year in service and fuel costs​

Australian-Tesla-clocks-700000km-copy-800x591.jpg Australian Tesla clocks 700,000 km. Source: Nigel Raynard

An Australian Tesla owner has driven over 700,000 km in his 2018 Model S, and says he’s saving around $20,000 per year on fuel and maintenance costs.

The Driven first reported on Nigel Raynard in July 2021 when the odometer on his Model S passed the 400,000 km mark, already a huge milestone with the original brake pads lasting much longer than most ICE vehicles. Nigel recently had the vehicle’s second battery pack installed and is now on his second set of brake pads which should be good for another 200,000 km.

Last week Nigel posted an update on a TeslaStars post about the story saying “Little update” with a photo of the odometer showing 700,000 km.
thedriven.io

Australian Tesla clocks 700,000 km, still saving $20,000 a year in service and fuel costs

An Australian electric vehicle driver is redefining vehicle longevity passing 700,000 km and saving his business $20,000 per year.
thedriven.io thedriven.io

A previous report on this car.
thedriven.io

"Impossible:" Tesla Model S does 400,000km on one set of brake pads

Watching "Dirty Money" inspired this man to buy a Tesla. Three years later he has driven more than 400,000km on a single set of brake pads, and a single battery.
thedriven.io thedriven.io
 
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Do you remember all the discussions about how we will need to smooth electricity supply to avoid overstressing the grid as well as effectively using excess solar power ? Here it is. Full tank at 8c p/kwhr

Australia’s biggest utility begins charging trial with promise to fill up EVs for $5​

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Australia’s electric car drivers will be offered the chance to fill up their vehicles for less than $5 as part of a trial by the nation’s biggest energy retailer.

Origin Energy has revealed plans to launch its EV Power Up trial next month as part of a larger plan to manage demand on its network and make use of more renewable energy.

thedriven.io

Australia's biggest utility begins charging trial with promise to fill up EVs for $5

Australia's electric car drivers will be offered the chance to fill up their vehicles for less than $5 as part of a trial by the nation's biggest energy retailer.
thedriven.io thedriven.io
 
This is the big deal on electric cars. Genuinely cost effective safe battery packs.
I think these will be powering BYD vehicles very quickly . Be interesting to see how other battery makers respond.

World’s largest EV battery maker set to cut costs in half by mid 2024​

catl-800x450.jpg Source: CATL


According to a recent report from CnEVPost, Chinese battery storage maker CATL – the world’s biggest – is set to reduce the cost per kWh of its lithium iron phosphate (LFP) cells by a stunning 50 per cent by mid 2024, paving the way for lower cost electric cars.

The 173-Ah VDA-spec square cells (148 mm x 26.5 mm x 91 mm) can be fully charged in less than 3o mins and will be sold to several EV manufacturers for an average of RMB 400/kWh (or $US56.47/kWh), according to the report.

The CnEVPost article says the average price of square LFP battery cells in mid 2023 was around RMB 800 to RMB 900 per kWh. This means the price of an average 60 kWh battery pack will have dropped from $US6,776.00 to just $3,388.00 in just 12 months, saving EV manufacturers over $3,000 per vehicle.

According to the article, vice president of Leapmotor Cao Li, who currently purchases the cells from CATL for RMB 500/kWh, said he believes the price could drop further to RMB 320/kWh.

thedriven.io

World's largest EV battery maker set to cut costs in half by mid 2024

Battery prices dropping even faster than Tony Seba predicted as CATL set to cut average EV battery costs by $US3,000 by mid 2024.
thedriven.io thedriven.io
 
basilio said:
This is the big deal on electric cars. Genuinely cost effective safe battery packs.
I think these will be powering BYD vehicles very quickly . Be interesting to see how other battery makers respond.
Click to expand...
Why would BYD use CATL batteries, when BYD is the third biggest battery manufacturer in the World? My sons off grid battery is a BYD
 
basilio said:
This is a really stunning example of just how reliable and cost effective electric cars can be.
A Tesla Model s with 700k on the clock. It saves the owner 20k a year on fuel and maintenance.
It is on a second battery pack. Tesla replaced the first pack under its 8year warranty at 666,666k
The rest of the story considers what the operating life of current Tesla 3 and Y vehicles will be.

Australian Tesla clocks 700,000 km, still saving $20,000 a year in service and fuel costs​

View attachment 169931 Australian Tesla clocks 700,000 km. Source: Nigel Raynard

An Australian Tesla owner has driven over 700,000 km in his 2018 Model S, and says he’s saving around $20,000 per year on fuel and maintenance costs.

The Driven first reported on Nigel Raynard in July 2021 when the odometer on his Model S passed the 400,000 km mark, already a huge milestone with the original brake pads lasting much longer than most ICE vehicles. Nigel recently had the vehicle’s second battery pack installed and is now on his second set of brake pads which should be good for another 200,000 km.

Last week Nigel posted an update on a TeslaStars post about the story saying “Little update” with a photo of the odometer showing 700,000 km.
thedriven.io

Australian Tesla clocks 700,000 km, still saving $20,000 a year in service and fuel costs

An Australian electric vehicle driver is redefining vehicle longevity passing 700,000 km and saving his business $20,000 per year.
thedriven.io thedriven.io

A previous report on this car.
thedriven.io

"Impossible:" Tesla Model S does 400,000km on one set of brake pads

Watching "Dirty Money" inspired this man to buy a Tesla. Three years later he has driven more than 400,000km on a single set of brake pads, and a single battery.
thedriven.io thedriven.io
Click to expand...
Great news for anyone driving 100000km a year in cities..taxi?
 
qldfrog said:
Great news for anyone driving 100000km a year in cities..taxi?
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As for the commoners at 20k km a year...unless they can buy a Tesla for a 1/5th of the price, they will not see such figure..
Question :would a new battery be provided free now by Tesla after 8 years and 666000km?
As for the focus on the brake pads ☺️
Invest the $40k you save buying an ice and the extra brake pads will be paid on interest alone.
Now if battery costs are divided by 2 as per catl batteries and the EV premium is slashed similarly..hum .might need a bit of market pressure , yes an EV car becomes ROI vs ice , and starts making $ sense here in Australia for people charging on own solar systems
 
sptrawler said:
Why would BYD use CATL batteries, when BYD is the third biggest battery manufacturer in the World?
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Both companies standardising production and focusing on specific sizes or other attributes?

I'm thinking same concept as Nissan cars (petrol not electric) used to, might even still do, have a few Mitsubishi parts in them and they weren't even rebadged.
 
sptrawler said:
Why would BYD use CATL batteries, when BYD is the third biggest battery manufacturer in the World? My sons off grid battery is a BYD
Click to expand...
Indeed. My bad. Nonetheless as Smurf pointed out there may be some practical commercial/engineering reasons for co-operation.
 
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