[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')I wonder how many EV owners are freeloading across the country?

[theluckycountry]

Eye opening video on the ev resale market in Finland. Spoiler: it's a shit-show.
https://www.youtube.com/watch?v=0D9WMmoQq7w

Those that heeded the words of myself and others here last year had an opportunity to cut their losses and get out, But now PeakEV is mainstream that time is passed. You basically have a stranded asset on your hands and for good or ill you're stuck with it.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'E')ye opening video on the ev resale market in Finland. Spoiler: it's a shit-show.
https://www.youtube.com/watch?v=0D9WMmoQq7w

[Shaved Monkey]

Sounds good the average punter can now afford to get into the second hand EV market

I remember my BiL bought the first plasma TV for 10 G it didnt even have a tuner just a screen....early adopters are going to early adopt

[AdamB]

$this->bbcode_second_pass_quote('Shaved Monkey', 'S')ounds good the average punter can now afford to get into the second hand EV market

I remember my BiL bought the first plasma TV for 10 G it didnt even have a tuner just a screen....early adopters are going to early adopt

[Shaved Monkey]

$this->bbcode_second_pass_quote('', '&')quot;Australians shunning petrol-powered cars for hybrid vehicles as bowser prices rise

Australians are buying more cars than ever but are increasingly choosing hybrid vehicles over petrol-powered cars due to rising costs at the bowser.
.....a trend the industry believes reflects both the rising cost of living, as well as range anxiety and concerns over a lack of charging infrastructure affecting purely electric vehicles.

Broadly, total sales across all engine types rose by 10.25%

Sales of traditional petrol-fuelled cars, known as internal combustion engine (ICE) vehicles, rose by 3.13% over the quarter. However, because total sales of all vehicle types rose at a faster rate, the market share of ICE vehicles dropped from 78.16% to 75.47%.
...market share decreasing from 86.4% to 75.47% over the past 18 months.
Battery electric vehicles declined by 0.78%....representing a decline in market share from 8.72% to 8.10%.
Hybrid vehicles continued to grow in popularity. Sales grew by 33.49%
The market share of hybrid vehicles rose from 11.95% to 14.93% in the quarter.
Plug-in hybrids – also increased, gaining 1.49% market share in the three months to 30 June.
....plug-in hybrids represented 1.47% of sales.

In addition to supply issues, electric vehicles in Australia are routinely being written off after minor accidents, as a shortage of skilled mechanics and parts, as well as outdated laws, leads Australian insurers to scrap EVs prematurely instead of repairing them.

https://www.theguardian.com/environment ... rices-rise

[theluckycountry]

$this->bbcode_second_pass_quote('Shaved Monkey', '')$this->bbcode_second_pass_quote('', '&')quot;Australians shunning petrol-powered cars for hybrid vehicles as bowser prices rise

[Shaved Monkey]

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Shaved Monkey', '')$this->bbcode_second_pass_quote('', '&')quot;Australians shunning petrol-powered cars for hybrid vehicles as bowser prices rise

[theluckycountry]

$this->bbcode_second_pass_quote('Shaved Monkey', '
')For me spending somewhere between $500 and $800 a year on fuel it would take a long time to justify buying an EV to save money
But if I was to need to buy a "new" car I would consider it just because the money will need to be spent and a choice would need to be made.....I dont buy new cars its a waste of money it would be about 5 years old and well looked after

[Newfie]

2010 Nissan Pathfinder 4x4 and yes I do occasional use it.

Bought used with 67k miles. Now 185k. Hoping to get 300k.

Water heater plastic connection broke Friday and the nearest replacement is Montreal, arrives here Thursday. My cousins kid has a new For pick up and his computer died the same day as my heater hose. He will be waiting 10 days to get one from Minnesota.

I very occasionally drive a newer rental, I hate these new nanny cars.

I dread the thought of having to buy a new vehicle. Way too expensive.

Electric cars simply won’t work for us as we do a few long drives each year. There are parts of the Trans Canadian here where to gas stations are about 100 miles apart and then only 1. I tend to keep the tank full in case I have to make an over night drive somewhere distant.

[AdamB]

$this->bbcode_second_pass_quote('Newfie', '2')010 Nissan Pathfinder 4x4 and yes I do occasional use it.

Bought used with 67k miles. Now 185k. Hoping to get 300k.

[theluckycountry]

$this->bbcode_second_pass_quote('Newfie', '2')010 Nissan Pathfinder 4x4 and yes I do occasional use it.

Bought used with 67k miles. Now 185k. Hoping to get 300k.

[theluckycountry]

I see Lucid got a bailout by the Saudi's to the tune of a 1.5 billion bucks this week. I wonder what's going on there? Certainly not anything to do with a future expansion of EV sales in the US. You need buyers for that!

$this->bbcode_second_pass_quote('', 'S')audi Arabia's sovereign wealth fund, PIF, now controls 60 percent of Lucid and has secured a deal with South Korea's Hyundai to establish a plant in the kingdom for both EVs and petrol-powered cars. Additionally, Saudi EV brand CEER, launched in 2022, plans to start production in 2025.

[theluckycountry]

You get what you Pay For.

$this->bbcode_second_pass_quote('', 'E')V driver reveals how BYD compares to Tesla on 1,800km road trip

The couple traveled in their new BYD Dolphin between South Australia and NSW, and have shared the difficulties of driving what many consider an "affordable" EV option.

Tony Hill and his wife traveled 1,800 kilometers to visit family in their BYD Dolphin, driving from their "off-grid" home in Naracoorte, South Australia to Grafton in New South Wales, and detailed the trip with Yahoo News Australia. Alongside the constant consideration of where and how the EV would be charged, there were two features of the BYD that the Hills pointed out as less than ideal for interstate travel.

Firstly, the glass roof of the BYD allows for scenic views but does little to filter the "Aussie heat out", he explained. The couple had to buy a screen and fit it in their car in the hope of keeping cool during their travels. What's more, the BYD's range is "considerably reduced" while travelling at high speed on the open road, meaning they stopped to recharge more than required to "avoid embarrassment".

The unexpected benefit of travelling in the EV

Being forced to stop more frequently to recharge did however have a benefit. With fewer stops the couple believe they would have missed out on "exploring country towns" and chatting to locals — a highlight of the journey.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
') We call that "benefit" Lipstick on a pig.

[mousepad]

$this->bbcode_second_pass_quote('AdamB', '
')Just out of curiousity, what is your beef with a vehicle you have exactly zero experience with?

[theluckycountry]

$this->bbcode_second_pass_quote('mousepad', '')$this->bbcode_second_pass_quote('AdamB', '
')Just out of curiousity, what is your beef with a vehicle you have exactly zero experience with?

[AdamB]

$this->bbcode_second_pass_quote('mousepad', '')$this->bbcode_second_pass_quote('AdamB', '
')Just out of curiousity, what is your beef with a vehicle you have exactly zero experience with?

[theluckycountry]

It's worthwhile taking a breather at this point and accepting the fact that while the EV mania has ended and the concept is dead, the hangover from it will last many years. Tesla probably isn't going to go bankrupt overnight and close its doors, the Chinese will continue to make cheap EV's for some years to come and the current charging infrastructure will probably be maintained at some level. It's a bit like the shale oil complex. Even though that never lived up to the hype and has now rolled over they will continue to extract the dregs for some years to come.

What killed the EV and shale oil are the same, economics! They simply weren't economic at any scale. At the very time in history when corporations should have been becoming much more efficient in their use of oil and coal they have done the opposite. This is quite common in human affairs, we saw it with Cod, with Whales, with many natural resources. When it becomes obvious that the resource has been over exploited and is in terminal decline the exploiters double down to get as much as they can out of what's left. Capitalism 101.

Look at Bitcoin for example. It's current burden on the electricity grid's globally is well over 1% now and as the ledger grows and the coinheads continue to trade it back and forward between themselves it will become a bigger and bigger burden on society. The rubbish should have been outlawed! It doesn't serve any purpose, aside from buying some illicit drugs or child pornography, a tiny tiny fraction of the transactions. People are not transacting with it as was originally promised, just hoarding it and moving it between themselves. Purposeless! They are like stamp collectors but in the process are wasting vast amounts of electricity, fossil fuels, and no one seems to care?

Resource realities are what the world's nations need to face but they are incapable of doing so because of the human brain. They are locked in the psychology of the "previous investment" trap. "Let's just keep doing what we have been doing up until now and believe it will all work out." That's why the media buried PeakOil while at the same time promoted the shale oil revolution and the EV revolution. PeakOil doesn't fit into the previous investment narrative but the other two do. You can't make vast profits selling the former, quite the contrary, but you can by selling a new technology to an dumbed down and unsuspecting public. If you were foolish enough to have believed the EV mantra and bought one, well your stuck now. The prices new and used have collapsed, you have to take your lumps. But learn from your mistake and don't get sucked into the next corporate bubble, especially with your life savings.

[theluckycountry]

$this->bbcode_second_pass_quote('', 'A')ugust 8, 2024 - Currently US-based Bitcoin mining facilities consume 37.9% of the global electricity used for mining Bitcoin and this adds up to 53,143,780 megawatt hours annually... Even if it were possible, moving all crypto production to the US would add enormous energy demands, likely leading to more-frequent outages and higher energy costs for residents..