Electric vehicles, pros and cons. Have your say.

[LynehamHerc]

I suspect that it's linked to this:

" Leapmotor reportedly cuts prices of its new EV version of the C10 SUV by nearly 20%.

BYD has been lowering prices of various EV models and even launched a new version of its best-selling car on Monday at a lower price.

Tesla on Friday announced new incentives to lure consumers in China on Friday."

https://www.cnbc.com/2024/03/05/china-e ... -grow.html

I seem to remember reading, some years ago, that a typical car factory runs at a loss if it's below 95% or so utilisation.

As Big says it's a product in search of a market despite all the fanbois in the motoring and other press.
The 'Emperors New Clothes' springs to mind.

[Hooli]

We can only hope the bubble is bursting & this insanity starts to die off as more & more realise it's a bad joke.

[LynehamHerc]

I reckon it is bursting, especially by how major car manufacturers are back pedalling on going all EV.

Germany especially I reckon is going to be comprehensively fucked as they can't really limit the numbers of Chinese EVs and their flatlining economy means that few of them will be able to afford VW ones etc..

[treehugger]

As written earlier somewhere, it's going to tail off here because they will not build enough charging points in time.

[LynehamHerc]

Isn't there also an issue about grid capacity?

[treehugger]

Not officially.

[Scruffy Bodger]

As written earlier somewhere, it's going to tail off here because they will not build enough charging points in time.

https://eastdevonwatch.org/2024/03/11/c ... -by-years/

They can't even supply the houses they want built, no matter the extra charging points.

https://www.bbc.co.uk/news/business-68601354

"The ESO says this is the kind of ambitious plan needed to deliver clean, secure, decarbonised energy. It called for "swift and co-ordinated" progress, and said that without it, the country's climate ambitions might be at risk."

"New connections and more grid capacity will also be needed as people and companies switch to using electricity for their cars or heating their homes. Renewable forms of generating energy, including through solar and wind farms, will also change the way the grid is shaped."

Only a currently estimated 58,000,000,000 quid so far and the biggest grid project for 70 years. 70 years ago they actually got stuff done... Then what do they do when the suns not shining and the winds not blowing? Thousands of shipping containers filled with billions of lithium batteries? I just can't see it.

[Hooli]

It can't & won't work. But I'm sure that's the idea so they can restrict peoples freedoms & quality of life at will & the crazy thing is people are asking for it to happen.

[LynehamHerc]

It can't & won't work. But I'm sure that's the idea so they can restrict peoples freedoms & quality of life at will & the crazy thing is people are asking for it to happen.

I think that you grossly overestimate the intelligence of our, indeed any, government.

It's not a machiavellian plan, it's an ongoing series of fuck ups by people from the arid end of the gene pool. The Post Office is an ideal example, its senior managers are the same sort of bureaucrats, who, despite being as thick as shit, went to the 'right' schools.

[Scruffy Bodger]

https://www.bbc.co.uk/news/articles/c1d4g8jz57yo

Tesla cuts prices in major markets as sales fall

https://www.bbc.co.uk/news/articles/c9ezp0lv039o

Tesla recalls Cybertrucks over accelerator crash risk

https://www.forbes.com/sites/dereksaul/ ... l-further/

Tesla Shares Are Officially Down 40% This Year—Here’s Why The Stock Could Fall Further

Another great week for the new messiah.