RE:State of EV's in Chinavr6loco: All well-intentioned input should always be welcome. Nobody learns from hearing themselves speak.
The internet is full of EV's catching fire. I don't know who is payiing for the smear campaign, but it is working.
Here are the real numbers:
" As you can see from the car fire data compiled from the NTSB, gasoline is a lot more combustable. Who knew? If you combine gasoline cars with hybrids (also require gasoline), you're looking at over 215,000 fires compared to 52 from EVs.Jan 12, 2022"
To be fair, there are a lot more ICE vehicles than EV's on the road but:
Government data show gasoline vehicles are up to 100x more prone to fires than EVs
The fact is that 51% of new auto sales in January in China were EV's. As of July 1,2023, 100% of all new auto sales in China will be EV's
The rest of the world won't transition that fast, but everyone will be surprised. As I mentioned in an earlier post, EV sales in China were 6% of all new car sales in 2020 and then 15% in 2021 and then 30% in 2022.
The USA saw 5.6% of all auto sales in 2022 were for EV's. Will the US adoption rate be as fast as China? I doubt it, but with the IRA subsidizing EV's up to $7,500 per car (California adds another $2,000 or $7,500 if you make less than $58,000 per year), the trasition will happen as fast as car makers can crank out new EV's
BTW, the car featured in your "burn" video was a BYD Qin. The price just dropped from US$21,000 to US$17,500 last week. The car is the same size as the Tesla Model 3 (a mid size car) but it has a little less range. If you buy the 2nd upgrade (costs US$30,000) the range is over 600 km which is way better than what the model 3 offers.
Up until the present, EV's have been far more expensive than gasline powered cars. That is about to reverse in a big way as you can see from the $17,000 Qin and the soon to be announced $25,000 Tesla. EV's are way cheaper to operate, are much less noisy, are much better for the environment, and Tesla's have already been ranked as the safest cars in the world (with an expectation of 10x better safety numbers as they roll out their self-driving program.)
If anyone is having trouble understanding how much cheaper EV's are going to be than ICE vehicles when EV production ramps up, go and shop for a lawn mower and compare the price of EV's to a gas powered unit. I have been using a Home Depot electric lawn mower for 10 years with zero maintenanc. It starts instantl every time with the push of a button, is so quiet that neighbours don't even know I'm cutting the grass. The best part is that it is so light that my wife cuts the grass when I escape before she can find me. AND, it works just a good as my previous gas mower. The same principles apply to EV cars.
It won't be governments mandating EV's that will cause the transition. It will be consumers demanding better value than ICE vehicles can or ever will be able to provide.
Next will be electric trucks and then ships and air planes. It expect that we will be seeing new businesses and homes being constructed with renewable energy setups within 5 years.
The Chinese have figured out all of the above. Indian Rupees are going to be spent on low cost EV automobiles and solar power to build out their infrastructure.
Nobody in the world other than Russia and OPEC wants higher oil prices. Now that technology has made renewable energy cheaper to build and operate than using existing hydrocarbons in an infrastructure that has already been built, the scales has tipped past the point of no return
I sincerely hope that everyone reading this makes bags of money on their SU investment. Just remember that it won't last because it can't last. The next ten years is not going to look anything like the last 100 years for oil.