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Much like the weather in central Florida of late. One day it's lucky to make it into the 60s, the next it's in the high 70s. Can't make up it's mind.@gsxr,
Love the Polar Bears pic!In SoCal the news is whining about the cold here. Today it’s L43 & H64.
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@sheward I attribute any overreaction on EVs (“groupthink“) to desperation around climate change, and not totally lacking in foundation.I get 95% of my information in general through alternative media. One can spend hours wondering what the motivation is that lies behind corporate Americas' actions, but I'll stop before I prompt anyone to discuss conspiracy theories and politics.
… Groupthink has completely taken over and the mainstream media is wallowing in it….
We all know that Silicon Valley Venture Capitalists are all lemmings. Groupthink to the extreme. VCs all chase after the same next shiny hot object. There’s no better way to raise money for an ultra-risky-moonshot-cray-cray idea from VC1 than to wave a term sheet or interest from VC2, VC3, and VC4 in VC1’s face. You gotta do it or max FOMO!@sheward I attribute any overreaction on EVs (“groupthink“) to desperation around climate change, and not totally lacking in foundation.
Perhaps it is the imputed shareholder dismay that Tesla OM is almost 17% whereas everyone else (full range manufacturer - not Ferrari) is enjoying a substantially lesser return on capital?The question is who or what is driving them to allocate capital to EVs. And I’m not sure the answer is as simple as “government”.
maw
Yes, competition.Perhaps it is the imputed shareholder dismay that Tesla OM is almost 17% whereas everyone else (full range manufacturer - not Ferrari) is enjoying a substantially lesser return on capital?
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Yes, mandate.Companies are motivated by both where they think they can make the most money (hence the EV or current AI gold rushes), as well as being “guided” or “herded” (or in the case of EVs, pushed pretty majorly) by government rules and regulations.
Kyle runs an EV enthusiast channel and helped me understand the total shit show around public non-Tesla fast charging in the USA (hot or cold).To summarize for folks who don’t want to watch the 30 minute video - the problems are compounding:
1- Colder temperatures elongate EV charging time when they are not preconditioned to pre-warm the battery
2- There’s a huge amount of rideshare drivers that don’t understand the operation of EVs and likely didn’t plan for higher consumption and slower charging
3- Chargers were (and are!) still broken. Tesla had technicians at one of the sites I visited checking stalls, and superchargers are pretty much back running smoothly, but the other public chargers still are majorly lacking working units
4- Chicago already has a strained EV charging network. Add in longer charging durations with less working chargers and cars using more energy due to the cold and, well, shit hits the fan
ICE drivers do not have to precondition their cars before filling up with dead dinos.
This is an interesting tidbit I didn't know...
Driving range is increasing - MBWorld.org Forums
EQE SUV (X294) - Driving range is increasing - The 80% driving range on my 2024 AMG EQE SUV originally showed 175 miles when the car was delivered. After two weeks of driving and charging, the 80% driving range now shows 210 miles or a 20% increase. My driving is mixed suburban and interstate so...mbworld.org
maw
Ace, why wouldn't insurance make you whole on the e-tron® loss...?BTW, our etron GT was hauled off to the savage auction yesterday. Worst single financial loss I've ever experienced. The vertical EV depreciation curve is real.
The short-ish story is that they wanted to repair the car and I didn't. The first appraiser did a shit job and missed a ton of BIG stuff. So I was fighting a battle from low ground, so to speak. I went 2 levels up the food chain (with a big helping hand from my indy agent) and got the result I wanted.Ace, why wouldn't insurance make you whole on the e-tron® loss...?
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How does one rationally think about a used EV? That seems like a used cell phone to me, on a several times multiple scale. You recycle used cell phones not buy them for use.
maw
Seems tempting. You gonna kick the tires?2022 etron RS GT Year One. This was the big kahuna introductory model. Ceramic brakes, leather everything, big wheels, etc. $163 MSRP. (snip)
Asking $90K. Probably get it for $85K easy.
Wait, what? Taycan owners are pissed off about what? The vertical depreciation "curve"?I was at the P-car store yesterday. Had a great conversation with a sales guy. The Taycan is suffering the same fate. Owners are totally pissed off. They can't move units without tens of 000's of price reductions.
I am looking at this from the Used car buyer perspective where yes, new owners are pissed, but used car buyers are getting great deals, looks like you are running into same thing in the Porsche & Audi EV world.I can't speak to TSLA on the used market, but it's very common to hear TSLA original owners complaining loudly about their equity vanishing each time the MSRP is lowered on new cars.
IDK Folks... used ICE cars make sense to me because the motive engineering doesn't degrade as fast as the car price depreciates... this very basic value proposition doesn't seem to hold with EVs... or maybe I'm missing it... maybe for the appliance / beater EV's this works.I am looking at this from the Used car buyer perspective where yes, new owners are pissed, but used car buyers are getting great deals, looks like you are running into same thing in the Porsche & Audi EV world.
Two problems with that car... the color doesn't pass muster with the boss... It's a cross between white and gray. Similar to the Porsche "Chalk" color that is so popular today. There are 8 standard colors, and the blue is basically the only one that is green lighted. lolSeems tempting. You gonna kick the tires?
Wait, what? Taycan owners are pissed off about what? The vertical depreciation "curve"?
I am looking at this from the Used car buyer perspective where yes, new owners are pissed, but used car buyers are getting great deals, looks like you are running into same thing in the Porsche & Audi EV world.
Sweet. When a nice low-mile Taycan Turbo S or Panamera Turbo S hits 90% depreciation, I'll go shopping!Porsche people, at least 911 owners, are accustomed to minimal depreciation. The Taycan and Panamera don't follow that rule.
And that's why you own multiple Mercedes. Their buyer base isn't as rabidly excited about the cars as BMW or Porsche, so the market price has fallen through the floor before the car is broken in at 100k miles. Or at least that WAS the case. So for under $10k, almost nothing beats the 15yo Benz that grandma has driven back and forth, safely and carefully I might add, to church and the grocery store (and the stealership of course). Buying a 15yo BMW or Porshe is a different prospect altogether.Sweet. When a nice low-mile Taycan Turbo S or Panamera Turbo S hits 90% depreciation, I'll go shopping!
I think a Hybrid car (not a straight EV) - with both internal combustion engine and battery pack - makes sense for most people. It is the most convenient option with no need to be tethered to any charging facility at home or on the road, and it has serious efficiency gains... I just drove our Toyota hybrid CUV on a 1200-mile roundtrip down to Thermal, CA (from Northern California) and it got 42 mpg.... meanwhile I still use it every day for around-town driving and get mid-30s (lots of climbing hills). This from a car that cost me $29K new in 2021 and has AWD. It was a great value and is much more economical than any new EV, esp as one takes purchase price into account... As well, the Toyota hybrid CUV effectively gets 2x the mileage my our 2002 MB E320 around town as well..... the hybrid is a superstar in efficiency (but not nearly as satisfying to drive).
The market has spoken! Plug-ins are great for all around town duties and it's even better if you have solar. I know people that barely fill up once a month for gas![]()
GM to release plug-in hybrid vehicles, backtracking on product plans
General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday.www.cnbc.com
Looks like they heard you @Jlaa.
maw
Shell pulls the plug on its hydrogen stations in CA.
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Shell Is Immediately Closing All Of Its California Hydrogen Stations
The oil giant is one of the big players in hydrogen globally, but even it can't make its operations work here. All seven of its California stations will close immediately.insideevs.com
Seems like hydrogen and a passenger car fuel mechanism (as opposed to, say, heavy trucks) is probably dead, along with the Toyota Mirai (which had nice proportions as it was based off the Lexus LS platform I think).My wife has a Toyota Rav4 Hybrid, not the plugin because the price difference between plug in and no plug in is way larger than what the cost for petrol is will over our three year lease. And she does not have to deal with cables or hunting for chargers.
I have zero interest in EV's until they are as rapidly filled up as an ICE vehicle. Progress in my book means that things get better and more convenient not the other way around, and I can't see anything that's better for me as a consumer with EV's, and I've driven quite a few of them before the Tesla people parachute in to cut me off at the pass.![]()
Which is why the wise man said, "We'll see..."Anyways, a year ago the industry was widely criticizing Toyota for missing the boat on EVs. One year later, we get this news:
Re: consumerism ..... A new billboard went up near me (next to Costco) recently. Costco here is located in a very marginal part of town (ostensibly for cheap rents). I find the juxtaposition of this billboard in this area to be a bit absurd.EV growth is fueled by "shiny new thing" and "keeping up with the Jones'" syndrome. Just like folks "have" to buy a new car or IPhone each year. Nothing new, just consumerism slowly devouring humanity.
Unless the marginal part of town is gentrifying, it's completely absurd. And in that case it might be especially absurd.Re: consumerism ..... A new billboard went up near me (next to Costco) recently. Costco here is located in a very marginal part of town (ostensibly for cheap rents). I find the juxtaposition of this billboard in this area to be a bit absurd.
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Compare and contrast that with my experience in North Providence last summer... sweltering heat, desperately needing a charge, but forced to "work with" some Dominican gentlemen who were providing protection to the EA chargers at the lovely Walmart.
- The station is the first of its kind for EA, and it features a lounge for drivers, vending machines, and an attendant.
- Large charging hubs with their own staff, snacks, and restrooms are still exceedingly rare in the US, but have begun to appear on a small scale only in the last few years.
Dang... pay for charger protection? I assume, "or else". Yikes.Compare and contrast that with my experience in North Providence last summer... sweltering heat, desperately needing a charge, but forced to "work with" some Dominican gentlemen who were providing protection to the EA chargers at the lovely Walmart.