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Yes. The affordability issues do not seem to affect Chinese car manufacturers, who are producing EV cars that are quite economical without subsidies. EV's may
by Maarten88 4y ago
Yes. The affordability issues do not seem to affect Chinese car manufacturers, who are producing EV cars that are quite economical without subsidies.
EV's may introduce new challenges for the grid, but when a country is unable or unwilling to fix that then all those batteries could also present an opportunity to balance that same grid using software.
The problem that they do not mention is that they have huge investments in engine manufacturing that are useless for EV's. EV's are much simpler technology, the only hard parts are batteries and software.
Switching too fast will make their existing manufacturing capabilities worthless, and this is what is really threatening them. That is also making EV's "expensive" to build for them (but not for Tesla, or anyone building new factories).
I think that anyone in a developed country buying an ICE car now is already throwing money out the window: a few years from now nobody will want it anymore, depreciation will be very high.
- xyzzy_plugh 4y ago> anyone in a developed country buying an ICE car now is already throwing money out the window: a few years from now nobody will want it anymore, depreciation will be very high. Far from universally true. Many developed countries do not have widespread access to charging stations, especially in rural areas. I'd buy an electric truck if I could go camping and tow a boat for a weekend without refueling, but as far as I can tell that's not possible yet.
- gameswithgo 4y ago
- bryanlarsen 4y agoCamping is a great EV use case since most camp grounds are wired with electricity for RV'S.
- PaulDavisThe1st 4y agoUhm ... the majority of camp grounds in the USA are run by the USFS and are not wired for anything at all.
- fomine3 4y agoToyota don't want non reliable batteries/electric systems used on Chinese cheap EV (but yes it's innovator's dilemma). Even GM/Kia and LG failed for that.