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
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SirRumpole said:
Those bemoaning the lack of an EV industry had the opportunity to change that at the last election.

Establishment of an EV industry was part of one parties policies I believe. :rolleyes:
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SirRumpole, i genuinely respect you but you do not establish an industry by throwing billions on it and choosing, by incompetent committee,what you focus on
You prepare a fertile soil for ideas and companies, and Australia is so far off the mark it is not funny
Be it corporate and individual taxes, but probably worse the red tape, daily struggle where you have to do the ato job, and more and more of it
From your comments, i doubt you have own a business recently, and definitely can not compare with some overseas experience
We are not playing on level fields
Ev will not be dominated by high end tesla but chinese made byd, by the time we can buy them here, chinese designed Vietnamese built
Waiting for their arrival here to make the jump, hope i will be rich enough to afford
 
qldfrog said:
SirRumpole, i genuinely respect you but you do not establish an industry by throwing billions on it and choosing, by incompetent committee,what you focus on
You prepare a fertile soil for ideas and companies, and Australia is so far off the mark it is not funny
Be it corporate and individual taxes, but probably worse the red tape, daily struggle where you have to do the ato job, and more and more of it
From your comments, i doubt you have own a business recently, and definitely can not compare with some overseas experience
We are not playing on level fields
Ev will not be dominated by high end tesla but chinese made byd, by the time we can buy them here, chinese designed Vietnamese built
Waiting for their arrival here to make the jump, hope i will be rich enough to afford
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Maybe the Labor party would have done exactly what you suggested why do you think they wouldnt ?
 
Are not all car manufacturing subsidised world wide? After all we subsidise mining.

I keep thinking about the risk of only having 20 days of petrol reserve from a security perspective wouldn't take much to knock Australia over.
 
IFocus said:
Are not all car manufacturing subsidised world wide? After all we subsidise mining.

I keep thinking about the risk of only having 20 days of petrol reserve from a security perspective wouldn't take much to knock Australia over.
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We don’t subsidize mining, mining generates massive net profits to the Australian government, via royalties and company tax.

Sure the government offers a few incentives here and there to help get marginal projects off the ground, but that is more of an investment than a subsidy, because the intent is to get a return on that investment in the form of royalties and taxes later.
 
There is no way in hell, we would ever be able to support a car industry in a Global market, we sell 1 million cars a year in total, China alone makes over 12million.
We talk about inefficient use of energy and materials, the car industry with the low numbers epitomised that.
It would be ridiculous in this day and age, as was proven, let's not make this thread like the climate change thread. Please
 
sptrawler said:
There is no way in hell, we would ever be able to support a car industry in a Global market, we sell 1 million cars a year., China alone makes over 12million.
We talk about inefficient use of energy and materials, the car industry with the low numbers epitomised that.
It would be ridiculous in this day and age, as was proven, let's not make this thread like the climate change thread. Please
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Electric bikes perhaps ?
 
SirRumpole said:
Electric bikes perhaps ?
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We did have a bicycle industry "Malvern Star", alas it went the same way as most of our manufacturing, volume is the key to any industry in a globalised market place unfortunately.
Our lack of population, not will or skill is the problem, unless it is something easily transported to market i.e software, apps, AI, possibly batteries may fit that niche.
But anything big, that takes up volume to be transported to market, is at a major disadvantage in Australia when compared to manufactures with low labour costs, low energy costs and a large home market. They will blow us out of the water every time, it all sounds nice warm and feel good, but in reality how would Holden or Ford be going in the current consumer climate? Up the $hit is my guess.
Unfortunately GM nor Ford or Toyota, were prepared to subsidies their car industry in Australia, because of those very same issue above, it is unsustainable and the pin would have to be pulled sooner or later.
We want more spent on education, welfare, health etc, start throwing unsustainable industries into the basket and in this global trading environment we would become third World in quick time.IMO
Getting back to bicycles, you can buy a 21 speed mountain bike or hybrid at Big W or Kmart for $99, how the hell could we compete with that?
It would cost us more than that in labour, just to attach the wheels and put the seat on a bike.
 
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sptrawler said:
We did have a bicycle industry "Malvern Star", alas it went the same way as most of our manufacturing, volume is the key to any industry in a globalised market place unfortunately.
Our lack of population, not will or skill is the problem, unless it is something easily transported to market i.e software, apps, AI, possibly batteries may fit that niche.
But anything big, that takes up volume to be transported to market, is at a major disadvantage in Australia when compared to manufactures with low labour costs, low energy costs and a large home market. They will blow us out of the water every time, it all sounds nice warm and feel good, but in reality how would Holden or Ford be going in the current consumer climate? Up the $hit is my guess.
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Most of our manufacturing has been sacrificed at the altar of "free trade", which in reality doesn't exist, or at least "fair trade" doesn't exist.

If we want a manufacturing industry in any area we need tariffs that level out the playing field in terms of wages and conditions. Trading blocs like Europe and low wage countries have taken us for a ride for years.

We used to make tv sets , white goods , cars and people could afford to buy them because they were earning good money making the things in the first place.

I just don't think we actually want to have a manufacturing industry any more. It's just too easy to buy cheap imported stuff and wonder why we can't get our unemployment/under employment rates down and why our wages aren't increasing.
 
SirRumpole said:
Most of our manufacturing has been sacrificed at the altar of "free trade", which in reality doesn't exist, or at least "fair trade" doesn't exist.

If we want a manufacturing industry in any area we need tariffs that level out the playing field in terms of wages and conditions. Trading blocs like Europe and low wage countries have taken us for a ride for years.

We used to make tv sets , white goods , cars and people could afford to buy them because they were earning good money making the things in the first place.

I just don't think we actually want to have a manufacturing industry any more. It's just too easy to buy cheap imported stuff and wonder why we can't get our unemployment/under employment rates down and why our wages aren't increasing.
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Exactly Rumpy, which is what Trump is trying to sort out to a degree with China, yet all our press and virtue signalers are bagging the crap out of him.
Common sense is the first thing that has disappeared from the Australian population, with the fall in educational outcomes IMO, that is why APRA and ASIC are getting hammered ATM they are applying public opinion not common sense to the problems.:mad:

The only other way to make us competitive with these other Countries with manufacturing, is to have their pay and conditions plus their power costs, see how everyone would like that.:roflmao: Absolute FW's IMO
As I said a long time ago, this was all brought about by the Lima accord, to help lift the living standards of the third world countries, it has worked as proven by China. But a brake needs to applied, otherwise we become the third world nations.:xyxthumbs
What is laughable, is the only person trying to stop it, they are trying to throw out of office, it shows the power of the press.lol
 
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Abc of business plan if doing business in Australia in competition with world:
No physical goods due to transport delay and costs, low manpower need
So in short, we can design or and sell movies,software, and that's about it..
The rest: australian raw products, wool, farm products and tourism education are not in competition with the world, when they are we fail
Back to the thread, maybe we could try to build solar chargers, something leveraging our advantage
Or sell ip like fast charger components..we have asx listed rff or rft?
 
As the EV wave gathers momentum, there is now growing debate about the future resale value of petrol/diesel vehicles. If EV economics pan out as many expect, many people will move to EVs over a fairly short timeframe (say 4-5 years). Depending on the oil price, there might be some nice bargains in second-hand Beemers etc. for those not willing to take the plunge. Personally, I have resolved to drive my 2006 Honda into the ground (hopefully another 2 years away) and then go for nice middle-of-the-road EV with a decent 700km+ range. The Honda will not be worth its weight in horse poo so I will fund this with the enormous profits from my $7,000 share trading portfolio.
 
Jack Aubrey said:
As the EV wave gathers momentum, there is now growing debate about the future resale value of petrol/diesel vehicles. If EV economics pan out as many expect, many people will move to EVs over a fairly short timeframe (say 4-5 years). Depending on the oil price, there might be some nice bargains in second-hand Beemers etc. for those not willing to take the plunge. Personally, I have resolved to drive my 2006 Honda into the ground (hopefully another 2 years away) and then go for nice middle-of-the-road EV with a decent 700km+ range. The Honda will not be worth its weight in horse poo so I will fund this with the enormous profits from my $7,000 share trading portfolio.
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Personally I think it's going to take longer than 4-5 years for the EV revolution to take off here barring serious obstructions to oil supply.

Apart from a few pioneers (VC), people like to stick with what they know unless they are forced to do otherwise or the alternatives are much more attractive.

I think there is a place for transition vehicles like hybrids which give the advantages of both EV's for city use and petrol/diesel for country trips , and will give competition to prevent either the Elcos or the oil companies from hiking prices if they see an advantage.
 
There are some compelling reasons to anticipate China to become a world leader in EV sales within a few years. Worth a read.

The electric vehicle revolution will come from China, not the US
May 14, 2019 8.45pm AEST
Author
  1. image-20171122-6016-c51ev0.jpg Jack Barkenbus
    Visiting Scholar, Vanderbilt Institute for Energy & Environment, Vanderbilt Universit
The electric vehicle revolution is coming, but it won’t be driven by the U.S. Instead, China will be at the forefront.

My research on EVs, dating back a decade, convinces me that this global transformation in mobility, from petroleum-fueled vehicles to electric ones, will come sooner than later. The shift is already happening in China, which is the world’s largest automobile market, with 23 million cars sold in 2018. As Western countries approach peak car ownership, there are still hundreds of millions of Chinese families that don’t own a car at all – much less two or more.
https://theconversation.com/the-electric-vehicle-revolution-will-come-from-china-not-the-us-116102
 
qldfrog said:
If useful, right now in china, you can get a new electric 2 seats scooter vespa style,for below 350aud
I expect parallel pricing for a byd small city car below 20k
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When I was in Beijing a couple of years ago, all there were was electric scooters, not one petrol scooter on the street.
 
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