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Topic: Electric Vehicle News Items

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847badgerfan

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Re: Electric Vehicle News Items
« Reply #1456 on: March 28, 2024, 10:43:18 AM »
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Mdot21

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Re: Electric Vehicle News Items
« Reply #1457 on: March 28, 2024, 10:45:24 AM »
Nope.
yeah, I'm with you. I wouldn't touch em. At all. But if their prices are lower than everyone else, even lower than ICEV....Americans will buy them unfortunately.

betarhoalphadelta

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Re: Electric Vehicle News Items
« Reply #1458 on: March 28, 2024, 10:51:21 AM »
Well I wouldn't fear an $11.5K vehicle in the US with size and specs that make a Nissan Leaf look luxurious:



The second one (similar vehicle class to Model 3) appears to be selling in other places (NZ/AUS) slightly below Tesla pricing, but not just dumping for pennies. 


utee94

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Re: Electric Vehicle News Items
« Reply #1459 on: March 28, 2024, 11:00:08 AM »
Eh. EV costs won't come down until/unless battery costs come down. Prices can never decline, long term, faster than costs. And since batteries are a HUGE reason why EVs cost so much, the battery prices need to come down.


And it's also unlikely they'll meet MDot's other stated requirement of a 15-minute full charge, any time soon.  We're simply up against the laws of physics here. 

Cincydawg

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Re: Electric Vehicle News Items
« Reply #1460 on: March 28, 2024, 11:11:40 AM »
Then there are the various safety requirements in the US, things like crash testing and whatnot.


Mdot21

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Re: Electric Vehicle News Items
« Reply #1461 on: March 28, 2024, 11:21:48 AM »
Well I wouldn't fear an $11.5K vehicle in the US with size and specs that make a Nissan Leaf look luxurious:



The second one (similar vehicle class to Model 3) appears to be selling in other places (NZ/AUS) slightly below Tesla pricing, but not just dumping for pennies.
yeah, I said that little hatchback would kill in the EU market, not here. We sell lot of cars in the EU too, around 20% of all our car exports are to the EU. Would be bad for our car companies, for sure.

That other model would sell probably here, and it was significantly lower than Tesla prices, and only recently slightly below Tesla pricing because Tesla slashed their prices to stay competitive. 

Tesla is the #1 EV seller in the world. BYD beat Tesla last quarter of 2023 by over 100k in vehicle sales and were just a couple hundred thousand short of Tesla for the year and will likely outsell them in 2024 and take the crown from Tesla. And BYD is going nowhere. It's backed by the Chinese state and Warren Buffett and his Berkshire Hathaway holding company have invested heavily all the way back in the days when they were only making batteries. Berkshire had owned 10% of the company up until 6 months ago, they have since sold a bunch of shares- but they still own around 4% of the company- which is still a freaking sizable chunk for one investor to hold on a publicly traded company.

Mdot21

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Re: Electric Vehicle News Items
« Reply #1462 on: March 28, 2024, 11:24:19 AM »
And it's also unlikely they'll meet MDot's other stated requirement of a 15-minute full charge, any time soon.  We're simply up against the laws of physics here.
I just don't see how they become widely adopted in this country until they get the charge pumps on every block like we have gas stations on every block- and until they get the charge times down significantly. Americans are an impatient bunch of people- and who the hell has 45 minutes or an hour to wait around to fill their car up constantly when they are on the go? 

Cincydawg

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Re: Electric Vehicle News Items
« Reply #1463 on: March 28, 2024, 11:30:48 AM »
If I were a husband working and my wife had an ICE vehicle, I'd consider an EV relatively soon as a "get to work and back" car.  That scenario eliminates isses around charging time, charging away from home costs, and range.

The other possibility would be to have two EVs and rent something for trips.

FearlessF

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Re: Electric Vehicle News Items
« Reply #1464 on: March 28, 2024, 11:33:04 AM »
I'd consider one when the total cost of ownership and operating for a 10 year period was 10% less than a gasser
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betarhoalphadelta

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Re: Electric Vehicle News Items
« Reply #1465 on: March 28, 2024, 11:41:42 AM »
I just don't see how they become widely adopted in this country until they get the charge pumps on every block like we have gas stations on every block- and until they get the charge times down significantly. Americans are an impatient bunch of people- and who the hell has 45 minutes or an hour to wait around to fill their car up constantly when they are on the go?
I do think this reflects a fundamental misunderstanding of how EV owners typically operate.

Most will rarely ever visit a public charger. They get home at night, plug in their EV, and when they wake up it's charged and ready to go. Unlike gas cars, they CAN "fuel" it at home so it reduces the number of public chargers we'll eventually need to some fraction of how many gas stations we need. In fact, if you ask many EV owners, it's the LACK of range anxiety that's one of the selling points of an EV--you don't have to think about range / fueling at all unless you know you're going to be driving 200+ miles in a day. And for most Americans, driving that much in a day is a rarity. (If someone is an outlier on the daily mileage, they're probably not a prime EV candidate.)

BTW the other misunderstanding is that most EV drivers won't use a public DC fast charger to get their car up to 100% the way an ICEV driver will "fill" the tank. As we discussed I think WAY upthread one of the fundamental characteristics of battery charging is that going from say 10%->80% full will take as long as going from 80%->100% full, so most will only go to 80% at a DC fast charger--which is usually more in the 20-30 minute range. 

Some newer EVs based on an 800V, are even faster. The Kia EV6 can go from 10%->80% in as little as 18 minutes
The Kia EV6 can go from 10%->80% in as little as 18 minutes, on a 350kW fast charger. 

IMHO the biggest hindrance on adoption will be, as CD mentions, people who can't charge at home. If you have to rely on a public charger for 100% of your charging instead of (for most EV owners) close to 0% of your charging, EVs are a hassle. But that's also why BYD would be less likely to make significant inroads to the US market based on price--as CD also posted above, it's mostly wealthier people who happen to be homeowners buying EVs in this country. They're going to be less price-sensitive and willing to be seen driving a "low cost" Chinese BEV. 

Cincydawg

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Re: Electric Vehicle News Items
« Reply #1466 on: March 28, 2024, 11:48:06 AM »
I'd consider one when the total cost of ownership and operating for a 10 year period was 10% less than a gasser
The best case today would be the Nissan Leaf at $30 K, you can probably get a deal on one, but no Federal subsidy.  Let's say you charge at home at 15 cents per and drive 10,000 miles a year, mostly around town.  An equivalent ICE would cost you probably $22 K, give or take.  Over 100,000 miles, it would probably use about 3,000 gallons of gas, let's price it at $4, so $12,000.  I'll omit brakes and oil changes for now, tire wear might cost more.

The cost to charge it would be about $4,500 (at home).  That's a nope.  If you snagged the $7500 subsidy, it works out OK.

FearlessF

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Re: Electric Vehicle News Items
« Reply #1467 on: March 28, 2024, 12:34:03 PM »
how about trade in value in ten years when the battery needs to be replaced?
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #1468 on: March 28, 2024, 01:01:47 PM »
I figure any car costing about $20 K new is going to be worth about $5000 in ten years, maybe.  A Leaf with a weak battery might be worth a grand, maybe.

The Chevy Bolt provided better figures, I think, but it's in between now.  A 2017 Chevy Bolt goes for about $17 K, not much mileage yet of course.

The new model Bolt COULD have better overall figures.  Maybe.


847badgerfan

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Re: Electric Vehicle News Items
« Reply #1469 on: March 28, 2024, 01:04:40 PM »
how about trade in value in ten years when the battery needs to be replaced?
Less than zero. You have to dispose it.
U RAH RAH! WIS CON SIN!

 

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