Like I said.....only a matter of time for EV's to be cost competitive

[Wylie6G72]

I'm having visions of Yugo and Daihatsu.

 

[CKN]

Sell the car at 9 years.

Not in the southwest. I recently bought a rust free 2002 Wrangler.

That's nice. But how many boulders and trails has it been on?

 

[JeffKeryk]

Cost is one thing. Convenience of five minute fill-ups of gasoline on every other corner is priceless.

Wait till you experience starting every day with a full tank without going to the gas station!

 

[SaberOne]

Just heard on Fox that the Chevy Bolt dropped from 40 to $33K. Still not interested, but I do pay attention.

 

[JeffKeryk]

Just heard on Fox that the Chevy Bolt dropped from 40 to $33K. Still not interested, but I do pay attention.

GM was losing $9K on every Bolt they sold. I wonder where this gets them?

 

[SaberOne]

GM was losing $9K on every Bolt they sold. I wonder where this gets them?

I’m sure GM makes up for it with their military contracts, or some other hanky-panky back room deals.

 

[Passport1]

EV's have 95% less moving parts than ICE....think about that one.....

I thought about that. One of these has 100% fewer moving parts than the others. All do the same job.

Courtesy of Vector Stock

 

[alarmguy]

EV's have 95% less moving parts than ICE....think about that one.....

And?
The convenience of recharging ICE is priceless, never mind most EVs are compact cars

 

[Wingo]

My biggest issue with EV is having to replace an expensive battery 10 years down the road.

This, also an EVs ability to be reliable in cold weather. When it's 30 below, I don't want to be stuck in the middle of nowhere without power.

 

[97prizm]

While I would normally agree, and Euro testing is different than USA, but I would imagine if it passes Euro testing it wouldn't take much to meet US standards either.

You would be surprised. A number of European Manufacturers over the years have been shocked at how much more they had to do to get certification in the usa. Koenigsegg already had European certification years ago. Christian von Koenigsegg said the additional testing was brutal.

 

[alarmguy]

Tesla taking another beating in the stock market. Price reductions have killed their profit margins.
Just imagine if there was no taxpayer credit.
Some would call it, a bloodbath after market, but we’ll see what happens tomorrow once the dust settles on it’s disappointing (again) first quarter results.
Sometimes these things rebound but it has yet to get anywhere near its all time high of almost 400.

https://search.yahoo.com/search?p=t...rc=yfp-hrmob-s&fp=1&toggle=1&cop=mss&ei=UTF-8

 

[UncleDave]

SHANGHAI (Reuters) - Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price.

Companies like BYD are solving that problem in China – and getting ready to solve it for the world.

China's largest EV maker unveiled this week the Seagull at the Shanghai auto show, shocking analysts and rivals with the car's specs: a battery range of more than 300 kilometers (186 miles) and a starting price of just over $11,000 – about a quarter of the price of most EVs now on the market in Europe.

"The Seagull is another manifestation of the aggressive deflationary pressures coming from (Chinese) automakers," Morgan Stanley analyst Adam Jonas said in a note for investors, predicting a "more aggressive push" from Chinese companies to sell entry-level EVs outside China.

Musk's Tesla cut prices in the U.S. for the sixth time since the start of the year on Tuesday, looking to drive demand in the face of economic uncertainty and growing competition. Tesla's price cuts have prompted other automakers, including in China, to follow suit.

But the Shanghai show and the Seagull highlight a related dynamic: Chinese automakers are now leading the world in making EVs that compete on price and technology for the average budget.

And many more of those cars from BYD and its rivals will be headed to Europe, Southeast Asia and other overseas markets, threatening established automakers, executives and analysts said.

Patrick Koller, chief executive of French auto supplier Faurecia, said the entry-level EV market in Europe was an open lane for Chinese automakers.

“I think an attractive car for Chinese consumers will be an attractive car for a European consumer,” he told Reuters.

Koller said he had met with the CEO or chairman of more than two dozen Chinese automakers in Shanghai. Many are looking to export to Europe, he said.

Because of their "fantastic competitive advantage," Koller predicted Chinese automakers could look to sell one million cars per year in Europe, equivalent to 8% of the market last year.

Did anyone ever disagree there's going to be tons of cheap stuff?

So far none of the cheap stuff is actually any good.

 

[AZjeff]

That's nice. But how many boulders and trails has it been on?

Not many, yet. Why I bought it. Has to be the same up in Utah, most jeeps and trucks never see dirt. Point being vehicles last a lot longer than 10 years here if they aren't wrecked. Could easily outlast batteries.

 

[OilUzer]

"SHANGHAI (Reuters) - Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price."

That's genius!

I have 20+ different variety of lights and flash lights and the only thing holding me back from buying 2 or 3 more is the price!
That's why I don't go to Costco.

 

[Torrid]

Sell the car at 9 years.

Not in the southwest. I recently bought a rust free 2002 Wrangler.

Good for you. Realistically how many cars have you kept past 15 years as a daily driver? As in the only car you rely on. I've had plenty the body held up on, but just never kept them past that, but to be fair I've been told I'm one of the affluent on this site so I'm not sure that this opinion matters much to some on here. I buy low mileage used or new vehicles and I really don't keep the same vehicle more than 8 years and I figure that's probably pretty common.

 

[CKN]

And?
The convenience of recharging ICE is priceless, never mind most EVs are compact cars

Most affordable EVs are compact. Polestar, Lucid, Rivian are not but pricey.

 

[CKN]

I'm having visions of Yugo and Daihatsu.

Then you must not know that manufacturers are spending billions on EV and battery development. And you also don't know that clean air standards are legislating ICE off the roads. Google is your friend if you keep having visions.

 

[Wrenchturner44]

My biggest issue with EV is having to replace an expensive battery 10 years down the road.

Agreed, the only near solution that I have heard about to possibly overcome this is to lease the car for a time period whereby the lease expires the same time the battery warranty does.

 

[4WD]

I'm having visions of Yugo and Daihatsu.

Or what Seagulls are known to drop

 

[Torrid]

And?
The convenience of recharging ICE is priceless, never mind most EVs are compact cars

That's definitely not true. I'm waiting for a performance compact with real range. Everything I'm wanting is much bigger.