World EV Sales Now Equal 18% Of World Auto Sales
World EV Sales Now Equal 18% Of World Auto Sales

World EV Sales Now Equal 18% Of World Auto Sales

World EV Sales Now Equal 18% Of World Auto Sales
World EV Sales Now Equal 18% Of World Auto Sales
I wonder when this is going to seriously affect world oil demand? People used to think "Peak Oil" would be when supply was constrained, it turns out it will be when demand is constrained.
It will change when electric cars cost the same as a regular car. The cheapest EV in France is 3 times more expensive than my car. I can’t afford it.
I know my Chevy Bolt had a higher sticker price than other subcompacts but the TCO is way lower than anything else on the market thanks to way lower maintenance and operating costs.
Je suis curieux, tu parles de quelles voitures là ?
"I'm only going to help save the world if it does not inconvenience or cost me anything whatsoever at all" is not the brilliant take you think it is.
Based on this data, 48.6% of oil was used on the read. If we assume that about every other car becomes electric, that could cut the total oil demand by about 24%. That’s actually quite significant, but obviously it will happen so gradually that the oil industry should have enough time to adjust.
Eventually most cars will be electric, but even that won’t destroy the entire oil industry, because there are still many other uses for oil. It takes a while for various other industries to shift away from burning oil and gas, but when that happens the oil industry will be totally screwed.
It takes a while for various other industries to shift away from burning oil and gas, but when that happens the oil industry will be totally screwed.
I'm not so sure that they'd be necessarily screwed even then, I think it will depend upon what direction plastic demand and plastic production goes in. The majority of plastics still need to be made from petrochemicals, and the majority of plastics have to be virgin simply due to the inherent limitations on their recyclability.
Sure, the industry won't be as large as today but unless we see bioplastics completely replace petrochemical plastics or simply see plastics completely abandoned (that'll never happen, plastics are simply too useful to ditch entirely.) It will still exist in some form simply because it will be necessary for plastic production.
The shitty thing is that as it puts the pressure on big oil, prices will rise and hurt poor people the hardest. We’re already being squeezed by the cost of gas, and when demand gets low the price will continue to go up until poor people are forced to choose between gas and food or an EV and food.
Would be nice if there were more than the one or two charging stations that are around me. Well out of my normal way, and are at some random hotel chain miles from my house.
That's cool but all modern EVs are simply impossible to work on and what's worse is they come with telemetry so that every move in my own car is watched.
Call me when they have a "dumb" EV. I would be fine with a lower range
So does ice cars and i agree they log an insane amount of data
What work needs to be done on EVs? I think it's much less complex so as long as your battery and motors are good then the rest is just like AC and stuff right? Battery and motors would cost a lot to replace but the battery at least should last a very long time, similar to a car engine. No idea about motors.
It'll be interesting as these batteries have to be replaced. How will people handle needing to pay a car's price to replace the battery. Pretty daunting as the owner and destroys selling it as a used car.
They really don't. It's not like after 10 years your battery just explodes and stops working. They lose a little bit of capacity and work just fine.
I have a 5 year old EV with barely any battery degredation. That I bought used!
Battery prices are dropping rapidly, and recycling cells is actually economically viable.
True, but they have a long way to go to be economically feasible for most people. People aren't going to drop $10k on a car repair, and people aren't going to buy a used car they'll immediately have to spend $10k on.
For reference I was looking at Chevy Volts recently. Granted it's a hybrid but it does have a larger battery than other hybrids. The car itself costs $8k to $10k on average and most likely due to the age of the vehicle the battery is on its way out you'll need to spend $5k to $7.5k on a rebuilt hybrid battery. You're almost buying the car twice.
I have a 12 year old electric car with an old battery chemistry known for it's fast degradation compared to current chemistries. It still has more than 50% of its original capacity, which is still more than we need.
I wouldn't be surprised if I can keep driving it for another 5-10 years before selling the battery for grid storage.
Generally, the cars fall apart around the battery, not the other way around.
How will people handle needing to pay a car’s price to replace the battery.
Cars aren't usually worth much when they have 250,000 to 300,000 miles on the odometer. That's how long a properly designed modern battery will last until wear and tear means its not usable anymore.
Seems like the type of cost that we could insure or somehow include in maintenance costs. But hopefully as production ramps up the cost falls quickly. And local mechanics learn to repair them.
Also, the cars with proper charging and cooling, there is a good chance they last the life of the car. A repair being an outlier or not expected, and large, is the type of expenses we buy insurance for.
Renault tried that with their early EVs, people liked it for new cars as it made them slightly cheaper for battery lease plus car lease vs. car lease as Renault retained ownership of the battery.
Subsequent owners did not as the monthly cost was then higher as the battery lease didn't drop in price so it would cost the same or more than the straight car lease for battery plus car lease.
Dearlerships in the UK have surplus used stock stuck with battery leases they can't shift that has depreciated massively (are now great buys secondhand) and Renault dropped the idea a couple of years ago .
Personally it's a great idea as the car gets over ten years old (but not in the middle period of ownership) as Renault have to replace the battery for free if it gets to less than 75% usable with not time limit. So if you keep an older car it will eventually pay out. Meanwhile a normal battery warranty is between 5 and 10 years and between 70 and 60% with tighter mileage, highly unlikely to pay out on an older car. Needless to say Renault are keen for you to buy out a battery lease...
I agree except for buying insurance for repairs. Those are scams, you'd probably be better off putting that money into a general emergency savings fund.
My real estate agent advised me to buy homeowner's warranty coverage when we bought our house. I did not, because I knew those were scams back then too. I have savings instead, and it has worked out for the best.
Engines have to be replaced after a decade or more, that's a huge expense that usually isn't worth the value of the vehicle. How is this any different?
Uh, no, they don't.
What? A well looked after engine will live 20-40 years and are easily repaired.
I have three 18-20 year old beaters with the original engines in them. Replacing an engine in a decade isn't normal unless it's a Ford.
Lmao what?