07-13-2023, 10:02 AM | #2751 |
General
19195
Rep 19,726
Posts |
It just goes to show the big hurdle in EV pricing is the battery cost. And everyone thinks the magic solid-state battery will fix that problem. It won't.
|
Appreciate
4
|
07-13-2023, 12:33 PM | #2752 | |
Brigadier General
2515
Rep 4,581
Posts |
Quote:
|
|
Appreciate
0
|
07-13-2023, 12:40 PM | #2753 |
General
69526
Rep 22,262
Posts |
We now come to the touchy subject if your EV is in a crash and it's not looking good.
For starters no one can touch it until an EV breakdown expert neutralises it then repairers won't know what to do with it and most likely it will be a write off. |
Appreciate
2
Murf the Surf21487.00 Car-Addicted8235.50 |
07-13-2023, 02:26 PM | #2754 | |
General
19195
Rep 19,726
Posts |
Quote:
https://www.caranddriver.com/news/a1...ting-chargers/ |
|
Appreciate
0
|
07-13-2023, 05:34 PM | #2755 |
Colonel
8236
Rep 2,377
Posts
Drives: 2020 BMW M4 CS
Join Date: Jun 2023
Location: Central PA
|
So my tax dollars are used to provide incentives for people to buy EV's.
My fuel taxes are use to maintain the roads that have higher wear due to the increased weight of EV's. My insurance premiums will rise because damaged EV's are often totaled due to problems and cost of repairing them. I'm not feeling the whole green thing. |
07-13-2023, 06:54 PM | #2756 |
First Lieutenant
610
Rep 373
Posts |
I think it’s pretty clear, the small demographic of those early adopters is dwindling. Characteristics of said demographic (not all-or-none, but all are traits): able to afford an EV, able to charge said EV at home, willing to sacrifice some usability. From talking to lots of people in the industry (in which I also work), if you don’t meet at least two of these criteria, you likely aren’t buying EVs.
Edit: I should add to the list you also keep an ICE car in the fleet. |
Appreciate
4
|
07-14-2023, 09:16 AM | #2758 |
Colonel
1755
Rep 2,835
Posts |
It would make a lot of sense for us to have an EV and an ICE (2 daily driver household wife/me), charge the EV at home all the time, drive EV 70% of total miles. In our case the benefit would be drastically cutting refueling time (just plug in twice a week), far lower amount of maintenance (recently had oil, engine air filter, diff. fluid, transmission fluid, coolant all changed in my ICE), brakes last far longer, very simple powertrain, and reduced fuel cost.
For all of the "never work for "X", people" - ok great, neither will a sedan. I have a weekend fun car, most of my driving is local, stop light to stop light, commuting and I am fine with an EV. Largest hurdle right now is the initial cost but the differential between an ICE and EV keeps getting smaller.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
Last edited by David70; 07-17-2023 at 09:44 AM.. |
Appreciate
2
StradaRedlands6565.00 Cos270610.00 |
07-14-2023, 09:21 AM | #2759 | |
Colonel
1755
Rep 2,835
Posts |
Quote:
https://www.statista.com/statistics/...-market-share/
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
|
|
Appreciate
0
|
07-14-2023, 09:26 AM | #2760 | |
Major General
10895
Rep 9,065
Posts |
Quote:
__________________
2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
|
|
Appreciate
0
|
07-14-2023, 09:39 AM | #2761 |
Colonel
1755
Rep 2,835
Posts |
Your point is that the data is wrong? How? It's a 10 year trend line and 2022 was by far the highest point for market share.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
Last edited by David70; 07-14-2023 at 09:48 AM.. |
Appreciate
0
|
07-14-2023, 10:06 AM | #2763 |
Major General
14737
Rep 5,585
Posts |
There is an opportunity though. EV values are taking a pounding. If and it's a big if you want a slightly USED ev as a second car there is a killing to be made.
|
Appreciate
2
M5Rick69526.00 StradaRedlands6565.00 |
07-14-2023, 10:18 AM | #2764 |
General
69526
Rep 22,262
Posts |
|
Appreciate
3
|
07-14-2023, 10:27 AM | #2765 |
Captain
963
Rep 717
Posts
Drives: 06 Black Sapphire Z4MR
Join Date: Jul 2018
Location: Ontario
|
Pretty much what I am banking on myself, though other than Teslas which I outright refuse to be seen in, there just isn't much options on the used market
__________________
Revolution of our Times
I will return to the track, one day. |
Appreciate
1
KRS_SN14736.50 |
07-14-2023, 11:06 AM | #2767 | |
General
19195
Rep 19,726
Posts |
Quote:
You are the current typical EV adopter. Dual income or well financed, and keep an ICE in the fleet. Great demographic to be in, but the reality is the market has a huge 2nd tier ownership group that can't afford a 2 or 3 car household, and do not have private overnight charging access. This is why some of us see a plateau for BEV adoption. |
|
Appreciate
3
|
07-14-2023, 11:26 AM | #2768 | |
Brigadier General
2515
Rep 4,581
Posts |
Quote:
|
|
Appreciate
1
David701755.00 |
07-14-2023, 11:33 AM | #2769 | ||
Colonel
1755
Rep 2,835
Posts |
Quote:
Quote:
Tesla has already opened part of their network to other manufacturers, committed to opening 7000 to everyone by the end of 2024. Charging times continue to drop, chargers continue to be built. These reduce the barrier to entry and increase the potential market. Yes, sales of everything level off at some point, it will happen to EV's, not going out on a limb to predict this. When/what level will this happen? Yes, well financed people are the first adopters of all new technology. People that bought an EV 10 years ago were really out there as they couldn't drive anywhere. Now we complain about it not being as simple as an ICE. "2 car family with a home charger" - yes it is the best/easiest option. Reality is we make a long road trip 4-5 times a year. If the price drops enough, charging network grows, charging time continues to drop, dealing with an outside charger 4-5 times a year but never going back to a gas station might be the easier/cheaper solution. Apartment complex near me is advertising EV chargers, they believe this is a benefit worth offering. I have a rental house & just built a garage behind it, am wiring it for 240v & be happy to add an EV charger for the right amount of money (they pay all electric, I would like them to pay for the charger over time but could also see not bothering for the right person)
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
Last edited by David70; 07-14-2023 at 12:01 PM.. |
||
Appreciate
0
|
07-14-2023, 11:38 AM | #2770 | |
Captain
963
Rep 717
Posts
Drives: 06 Black Sapphire Z4MR
Join Date: Jul 2018
Location: Ontario
|
Quote:
When finance rates are 7-8%, it makes buying a car new or otherwise, a very hard pill to swallow
__________________
Revolution of our Times
I will return to the track, one day. |
|
Appreciate
0
|
07-14-2023, 11:48 AM | #2771 | |
Colonel
1755
Rep 2,835
Posts |
Quote:
Lowest price Model 3 after tax credit is $34k? You are welcome to complain about the tax credit but when I buy an EV I will happily take advantage of it, same with every other tax credit I may or may not agree with.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
|
|
Appreciate
0
|
07-14-2023, 12:26 PM | #2772 | |
General
19195
Rep 19,726
Posts |
Quote:
It'd be interesting to know how the average $48K retail price is calculated. There are lots of well-equipped Model 3 ICE alternatives for $35K or even less like the Accord, Camry and Altima. The $15K price delta buys 100,000+ miles of gas and maintenance. And they have no range or refueling limitations. |
|
Appreciate
1
Car-Addicted8235.50 |
Post Reply |
Bookmarks |
|
|