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
What about the people who no longer have a job servicing/repairing a car, or selling the parts required, or those that make the parts required air cleaners, oil filters etc?
It's nice to think every job that doesn't need paying for frees up money, but it also adds to the welfare side of the ledger.

No different to any other group that slowly got made redundant, for example when word processors made rooms of typists unemployed, it will happy slowly and the industry will adjust.

We have safety nets, the older guys will retire, worst mechanics will hit the dole lines, younger ones will gradually transition to working on electric cars while some filter out into other trades and businesses.

There will some work to do on electric cars, so it’s not like employed in the sector will go to zero, it will just gradually reduce over a 20 year period.
 
If I was wanting to be elected then I'd be very certain to tie the increased rego to phasing out of fuel tax so that an average motorist paid not a cent more. I'd also make sure this was done before any significant number of people owned an EV since for EV owners there's no sweetener in the deal.

A higher rego tax, whilst retaining fuel excise, would not unreasonably be represented as a "tax on the poor" since it would indeed be the owners of older cars, who are typically lower income, who'd face the tax hike assuming it's done at a time when most new vehicle sales are electric or hydrogen.

Any such move would also need agreement of the states since rego is a state charge whilst fuel excise is federal. :2twocents

I see maintaining the fuel excise as is, while increasing rego by about $6 for every 1% increase in non petrol cars as reasonable.

after all petrol causes air pollution, and that has costs associated with it to, it’s not just about roads.
 
Thats a net plus to the economy though.

if people aren’t spending money repairing cars, they can spend it elsewhere.

who knows, if you aren’t spending $350 every 6 months on servicing, you might instead spend it on car washing or even restaurants, yoga lessons or a million other things.

Or they could buy some pollution belching Sydney Airport shares....
 
Or they could buy some pollution belching Sydney Airport shares....

The airport itself doesn’t pollute much, it’s the planes that land there that do, but who knows where the future technology will improve planes or their fuels, I support improvement there to.

But even with current technology planes actually create less pollution per passenger mile than cars do.

Also, planes pay taxes every time they land and take off, so they already provide revenue to the government.
 
A higher rego tax, whilst retaining fuel excise, would not unreasonably be represented as a "tax on the poor" since it would indeed be the owners of older cars, who are typically lower income, who'd face the tax hike assuming it's done at a time when most new vehicle sales are electric or hydrogen.

A major quibble that an opposing argument would have to this is that there would need to be a sliding scale determined by the distance traveled each year. Otherwise couriers would receive much more value for their tax dollars compared to granny who does 1000km a year.

Perhaps tax the tyres? More tyre wear would result from more KM traveled and also be a anti-social deterrent for hoons.
It wouldn't help those from the bush though, some of those roads can tear the rubber up pretty quickly.
 
The airport itself doesn’t pollute much, it’s the planes that land there that do, but who knows where the future technology will improve planes or their fuels, I support improvement there to.

But even with current technology planes actually create less pollution per passenger mile than cars do.

Also, planes pay taxes every time they land and take off, so they already provide revenue to the government.

Bit like the power station itself doesn't polite much just them coal fired boilers
Seriously
 
.

We have safety nets, the older guys will retire, worst mechanics will hit the dole lines, younger ones will gradually transition to working on electric cars while some filter out into other trades and businesses.

There will some work to do on electric cars, so it’s not like employed in the sector will go to zero, it will just gradually reduce over a 20 year period.

Electric cars are a completely different beast compared to ice vehicles. Even many auto electricians are not interested in touching them.
There's more than just mechanic, there's also parts and part manufacturing, additives, and a host of other industries.

It will have an effect, but change is change.
 
Bit like the power station itself doesn't polite much just them coal fired boilers
Seriously

That’s pretty bad anology.

Cars pollute, not the freeways.
Planes pollute, not the airport.

As I said, I am all for new technology that would make planes better, just like I am all for technology that makes cars better.

But, also as I said planes are already more Efficient per passenger mile than the average car, so it’s a bit non sensical to try an trash planes.

planes also contribute to global dimming, which is helping keep the earth slightly cooler than it would be without them.
 
Electric cars are a completely different beast compared to ice vehicles. Even many auto electricians are not interested in touching them.
There's more than just mechanic, there's also parts and part manufacturing, additives, and a host of other industries.

It will have an effect, but change is change.

most of the stuff that is serviceable on an electric car could be done by a mechanic with very little transition training.

changing tyres, replacing air filters, changing brake fluid, cleaning brake calipers etc etc

it’s not rocket science stuff.
 
most of the stuff that is serviceable on an electric car could be done by a mechanic with very little transition training.

changing tyres, replacing air filters, changing brake fluid, cleaning brake calipers etc etc

it’s not rocket science stuff.
There is not enough money in that to run a shop.
A dedicated shop or low competition maybe. But smaller businesses would not turn enough.
 
Actually roads polute quite heavily
Particularly after first rain
How would your income go if the planes stopped tomorrow
Planes use most fuel on take off and I'm pretty sure they do a lot of that at Sydney airport
But hey if your Tesla is offsetting it
Good onya
Mate
 
Actually roads polute quite heavily
Particularly after first rain
How would your income go if the planes stopped tomorrow
Planes use most fuel on take off and I'm pretty sure they do a lot of that at Sydney airport
But hey if your Tesla is offsetting it
Good onya
Mate
Again, the stuff washing off the roads comes from the cars.

my Tesla offsets the pollution that would be caused by me continuing to drive petrol cars, I didn’t bring up airports you did.

dude, I am not sure what you point is are you saying as long as planes exist we shouldn’t be thinking about moving our road fleet to more efficient technologies? Because that would be silly.

If more efficient planes were available in the market place of course I believe they should be used to gradually replace older technologies.

probably 4% of my dividends come from Sydney airport, so it’s not a big deal for me, but planes aren’t going to be stopping any time soon, and if they did, all those acres of Sydney water front land could be used in other ways.
 
There is not enough money in that to run a shop.
A dedicated shop or low competition maybe. But smaller businesses would not turn enough.
Yeah, some of them would close for sure, I don’t see an issue. I explained above I think older guys would retire, some bad mechanics would hit the dole lines, and other would transition to servicing electric cars or move to other industries absorbing the $$$ people are saving
 
Again, the stuff washing off the roads comes from the cars.

my Tesla offsets the pollution that would be caused by me continuing to drive petrol cars, I didn’t bring up airports you did.

dude, I am not sure what you point is are you saying as long as planes exist we shouldn’t be thinking about moving our road fleet to more efficient technologies? Because that would be silly.

If more efficient planes were available in the market place of course I believe they should be used to gradually replace older technologies.

probably 4% of my dividends come from Sydney airport, so it’s not a big deal for me, but planes aren’t going to be stopping any time soon, and if they did, all those acres of Sydney water front land could be used in other ways.

I'm not sure of my point either
 
Yeah, some of them would close for sure, I don’t see an issue. I explained above I think older guys would retire, some bad mechanics would hit the dole lines, and other would transition to servicing electric cars or move to other industries absorbing the $$$ people are saving
There are some dramatic changes to older industries going on. Interesting to watch over the next few years and decades.
 
Electric cars are a completely different beast compared to ice vehicles. Even many auto electricians are not interested in touching them.

The existing job that seems closest is an industrial electrician.

Most of that’s mechanical or at least involves mechanical things in some way. Motors, hoists, control systems and so on.
 
I see maintaining the fuel excise as is, while increasing rego by about $6 for every 1% increase in non petrol cars as reasonable.

Politically I think that’s a no go as with anything that involves a tax hike which is aimed at, in practice, largely the lower half economically as would be the case once EV’s become mainstream.

Labor just learned that one last year on another issue and won’t forget in a hurry.

If I was to take a guess as to what will actually happen then the answer is nothing directly.

Fuel excise drops.

Australian government cuts back on various grants to the states. Nothing new about that as such.

It then becomes a matter for the states to either bump up rego charges of their own accord, put tolls on roads or whatever else they want to do to raise money.

At a guess there’ll come a point where they collectively want the GST increased and that’s an easier sell politically once they say something about schools and hospitals as they will.

John Hewson’s 15% GST will end up being implemented, it’ll just be ~40 years later than he proposed it.
 
Top