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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qldfrog said:
Byi taxi fleet in Shenzhen is enormous.their blue EV everywhere and by now they have ironed out all issue.never saw one on the side of the road
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We are doing a 10 day trip from Beijing to Shanghai, next October, really looking forward to seeing the changes, I couldn't believe the amount of electric scooters in Beijing last trip.:xyxthumbs
 
sptrawler said:
An interesting article, showing how competitive the electric car industry is going to be.

https://www.smh.com.au/business/com...on-tesla-is-so-difficult-20191022-p532vl.html
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In the lighting industry, when LED technology got better, there were a lot of lighting start-ups.
The existing legacy companies, just like in that article, were slow to produce new product and also there product was a bit old compared to the start-ups. Consequently, in most cases, they have got smaller or gone broke. As they say in the article, the big companies still haven't got a practical product (except for Nissan).

You can see the competition forming. South Korea have plenty of local electric cars.
https://insideevs.com/news/366034/plugin-ev-car-sales-south-korea-surge-2019/
Also in the article hydrogen fuel cell cars are bigger there. Hyundai NEXO. 1,898 sold so far this year.
In Australia, maybe country drivers will go Hydrogen!
 
Knobby22 said:
They will destroy the western car industry.
Probably good we got out of manufacture in Australia.

The MG brand is already in Australia. Electric version as you mentioned qldfrog not far away.
https://www.caradvice.com.au/747869/mg-ezs-electric-car-coming-to-australia-in-2020/
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Here is another article about the MG and China's electric car tsunami, the graph on uptake is impressive.

https://reneweconomy.com.au/is-australia-about-to-get-its-first-chinese-electric-vehicle-95780/
 
qldfrog said:
https://interestingengineering.com/a-tesla-model-3-produces-more-co2-than-a-diesel-car-study-says
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This kind of study has been debunked before.

One thing that blows the entire argument out the water is that there is a huge correlation between people owning E.V’s and people installing solar panels.

As soon as you get an ev, the next thing most people do is install solar, so regardless of what the “nation grid” uses, most ev owners including myself, are 100% renewable.

Also, there are multiple studies that show even if you are charging from 100% coal power, it is still only about the same as a petrol car.

There is also the city air pollution problem with burning fuel in the cities where people are trying to breathe, killing 1000’s every year.
 
Value Collector said:
This kind of study has been debunked before.

One thing that blows the entire argument out the water is that there is a huge correlation between people owning E.V’s and people installing solar panels.

As soon as you get an ev, the next thing most people do is install solar, so regardless of what the “nation grid” uses, most ev owners including myself, are 100% renewable.

Also, there are multiple studies that show even if you are charging from 100% coal power, it is still only about the same as a petrol car.

There is also the city air pollution problem with burning fuel in the cities where people are trying to breathe, killing 1000’s every year.
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Do not deny and mostly agree
But diesel car not petrol do not generate more CO2 unless you are self sufficient, and city air pollution is the reason China is big in EV, they do not care at all about CO2 /global warming
What this means is we should not dump our diesel for EV, but agreed we should renew with EV when needing replacement
 
qldfrog said:
Hydrogen car?
Interesting in my opinion article
https://www.digitaltrends.com/cars/hydrogen-cars/
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It was pretty well spot on IMO, hydrogen wont be cheap or readily available untill we have a huge H2 industry, even then it will probably make more sense to export it to Countries that haven't got the renewables to make it.
The turning point IMO will come down the track, when the resources for batteries become more scarce and the residual left over waste from depleted batteries become an ecollogical nightmare.
Then I think there will be a shift away from battery EV's to fuel cell EV's, it will be pushed in a similar manner as the coal renewable issue is being pushed, sustainability.
But I can't see it happening for 50 years, by the time it takes to change the Worlds fleet to BEV's, then add the time it will take for enough batteries to die to cause a disposal issue.
It will all take a long time IMO.
What will happen quickly in Australia IMO, is the production of H2, even now with the amount of lost/excess renewable production, the private sector will be doing the sums on using it to produce marketable H2.:2twocents

https://www.ga.gov.au/news-events/n...ia-highly-prospective-for-hydrogen-production
 
Agree that if we have to switch solar farm 4h a day around lunchtime, let's do hydrogen instead
Amazed no one has set up yet a small tank and turbine hydrolysis station within the solar farms, can even recycle the water technically
 
qldfrog said:
Agree that if we have to switch solar farm 4h a day around lunchtime, let's do hydrogen instead
Amazed no one has set up yet a small tank and turbine hydrolysis station within the solar farms, can even recycle the water technically
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It's funny when the first big wind farm was built in W.A in 2006, I sent an email suggesting they install an electrolysis plant there, I received a thankyou for your suggestion reply. :D
I have seen electrolysis working back in the late 1960's when in my apprenticeship, it just made absolute sense to use wind power that wasn't being consumed to make H2, rather than make it in a power station.:xyxthumbs
 
Knobby22 said:
They will destroy the western car industry.
Probably good we got out of manufacture in Australia.

The MG brand is already in Australia. Electric version as you mentioned qldfrog not far away.
https://www.caradvice.com.au/747869/mg-ezs-electric-car-coming-to-australia-in-2020/
Click to expand...

Knobby here is another article, that shows the dominance of the Chinese, in the elctric car space.
https://www.telegraph.co.uk/technology/2019/10/28/can-countries-catch-chinas-electric-car-dominance/

From the article:
China, which 
is already the world’s largest market for electric vehicles, 
is charging forward in 
the global race to dominate the industry.
More than one million electric cars were sold in the country last year – representing half of global sales. The government has installed about a million charging stations on the streets – a far cry from the 15,800 public units in the UK.

With 100 companies tinkering 
with EVs and investment dollars flooding in, it 
is easy to see how China is poised to win.

“China’s market has 
huge room for growth,” said Siyi Mi of Bloomberg New Energy Finance, a research firm
 
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