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Plus, the price of gas has gone down significantly, hurting one of the benefits of electric cars.
by xur17 7y ago
Plus, the price of gas has gone down significantly, hurting one of the benefits of electric cars.
- blizkreeg 7y agoI don't believe the Tesla crowd bought theirs to save on gas anyway, so not sure if this is true.
- grecy 7y agoMaybe not, but if gas had continued to go up in 2020 and 2021, you'd have to think that would help convince move people to shift over to electric.
- blizkreeg 7y agoI've somehow never believed that theory. There are tens of thousands who buy gas guzzlers, at whatever price of gas was/is. If only people were that rational, they'd stop buying them to save our planet. You can tax cigarettes all you want, people are still gonna smoke.
- grecy 7y agoSure tens of thousands buy gas guzzlers because they can afford it / don't care. But there are also tens of thousands more that don't because they can't afford it.
- jsight 7y agoI've always felt like the base Model 3 and base BMW 3 series were very comparable. Add in a couple of thousand, and the 3 looks like a bargain. That becomes a harder sell when the Model 3 is actually more expensive to operate, as it is in some places now. Its not that they are buying to save money vs the economical choices, but it does make a difference relative to their comps (RWD & AWD sport sedans).
- caf 7y agoDo customers really believe the current exceptionally low oil prices are going to be a permanent feature?
- mrguyorama 7y agoLast time the oil price went down this aggressively coincided with the massive uptick in people buying SUVs
- xkjkls 7y agoOil futures are under $40 all the way through the end of 2022: https://www.marketwatch.com/investing/future/clz22 https://www.marketwatch.com/investing/future/clz22
- jsight 7y agoI personally don't, and I suspect a lot of others do not either.
- ericd 7y agoPersonally, I'd take an EV over even a high performance ICE car in terms of everyday driving fun. I used to drive a hardtop 335, and really loved that thing, but there's no throttle delay on the Model 3, let alone turbo lag.
- xkjkls 7y agoIt's always going to be a factor. Total cost of ownership is one of the biggest factors in car sales.
- Gwypaas 7y agoThis is mostly the US because the externalities aren't taxed. In EU the taxes on gas are much higher. With VAT and everything Sweden currently has $4.5 per gallon, down from $5.8 last autumn, this makes any electric car much more compelling.
- herdodoodo 7y agoSweden also has numerous tax breaks for buying electric vehicles, and does not properly tax the externalities of producing electric cars (running/refueling EVs, however, has very minimal negative externalities)
- Gwypaas 7y agoTrue, haven't looked at the data in some time but the breakeven point in regards to LCA comes fairly early though when comparing against ICE cars.
- xkjkls 7y agoIt depends greatly on the ICE car and driving assumptions. For someone who generally only makes short trips, a plugin hybrid is going to be a more environmentally friendly choice long term, given the significant amount of emissions needed to create the batteries for large range BEVs.
- threeseed 7y agoThe other problem is chargers. Before COVID-19 you were buying an EV knowing that there was a roadmap of chargers being rolled out. Now I would be wondering (a) are new ones going to be deployed at all and (b) are existing ones going to be maintained. Everything non-essential is going to be deprioritised over the coming years.
- 54351623 7y agoCouple with this the massive glut of used cars thats about to get worse, the fact that many cities are seriously considering long term conversion of roadways to be pedestrian only and all the oil field pickups that are about to get repo'd (pertaining to the cyber truck). What I'd really like to know is what will happen to Tesla's vehicles if the company goes under? Like will they get bricked essentially? I sincerely doubt Tesla will go under like that but, I'm curious none the less.
- tgsovlerkhgsel 7y agoI wonder if cities will also start designating streets (or as a softer approach, significant amounts of parking) as EV-only. A city that wants to electrify the vehicles driving there could do that very easily by converting a certain percentage of parking spots to EV-only every year. This will roughly ensure (at least) the same percentage of cars in the city being EVs (since if there's more, using a non-EV becomes extremely unattractive as you can't find parking).
- 54351623 7y agoMaybe but I doubt it, I feel like it would be all or nothing in regards to vehicles but who knows, would probably vary a lot. My understanding of the motivation is that it is only partially due to pollution and more to do with livability, comfort, health and that sort of thing. BYD did just get the largest electric bus order in history from LA https://t.co/YaWN2ZKtBs?amp=1 https://t.co/YaWN2ZKtBs?amp=1 as part of a green new deal, so you may not be far off in regards to cities moving towards focusing on accommodating electric vehicles.
- dzhiurgis 7y agoGov should require source-code escrow for certain technology and products...