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If I cant charge my car in 5 minutes and without changing course the of the trip. I am not interested in a EV !!! You EV lovers just dont get it. Its not just about the price .
@@zelareka Some people are simply not interested. But I am excited to discover there have been recent advances in Solar /EVs that could eliminate the need for stopping to charge! The combination of potentially doubling the capacity of solar with perovskites, and new lighter / high density solid state batteries could revolutionize solar/EV production and use.
let's be frank, why pay 25 k euro's whilst risking of having a ruined battery in 2 5 years? you don't pay that much money to waste time at an EV charger ....... I won't make my life around chargers, sorry but I'll pass. it is enough that from charging one phone and possibly a laptop now I charge headphones, electric cigar (i happily quit it but had to charge it once a day or twice, yeah I smoked that much), another set of headphones, 2 batteries and even a fucking gaming soarec; luckily the soarec is on wire now, the headphones I use wired, and I ve reduced the need for portable battery. So no thank you, don't need a travel car that dictates my travel.
vloger in u.k.. bought a 130k porsche, 2 yrs ago.. its now worth 30k.. but no one wants it.. work it out, there crap..get a real job. where people dont hate you..like, not a lefti, or wokei..
Battery costs are high yes, but there is also a huge cost associated with making EV’s only at a premium specification and with lots of high tech equipment in them. I don’t need a luxury car. I don’t need 90% of the toys. I want a dumb car that “does the job”, is cheap to buy and cheap to run.
Auto manufacturers don't make money off these cars, they need to pay their executives bonuses. It's Probably Why Elon wants to end regulations on EPA and shitting his pants to get to Mars.
Absolutely! A light, single cab chassis ute(pickup) that’s simple and affordable for city work. But that won’t happen because most people want luxury, 4x4, capacity to tow a small universe, but most importantly, look cool.
That will be an EV - they are low cost to build bar the battery which is expensive. So if the battery becomes cheap you will get a cheap EV that does the job and costs less. The world is moving in your direction.
giving it up? Capitalists realised they could make more profit by moving manufacturing. So they did it the capitalists don't care about you. You voted for politicians who enabled this. Ross Perrot in the 1990s literally said giant sucking sound, you voted for Clinton.
You didn't 'give up' anything! You were out-competed on labour costs, and out-dated by robotic manufacturing. Until the US can address reality, it will continue to lose.
In the US we are unable to get the best and brightest to enter civil service, we don't encourage any kind of meaningful central planning on the national level, and we don't have the student STEM numbers to compete in the new technologies with most of the up and coming developing world like Vietnam and China. Without all of this it was eventually inevitable that our manufacturing base moved off shore to enhance shareholder value. As much as I cannot stand either Biden or Trump, they both realize that the current status must change or we will get trashed at our own game. Thank God it just so happens that most of the supply chain for advanced microchips exists outside of China and that China is unable to manufacture the most technically advanced chips on its own otherwise the game would have been already over for us.
Hej Sam, Moores law : chips will double the capacity and halve the price every 18 months. Wrights law : For every accumulative doubling of production the cost will decline by a fixed percentage. Which percent is depending on the product.
12v lifepo4 battery's are running $1 per ah for the first time ever. I installed a 9kw system in my 24' cabin boat and it can run the ac for 3 days. All for about $700 in batteries. Cost has halved in 1.5 years
I am a fan of LiFePo4 batteries/plug in power supply combined with solar panels. Pakistan is apparently going solar electric the DIY plug and play way! Wink Motor has a solar/LFP micro-car for around $10,000 (but it is low speed, so probably not great for urban use). But I am excited to discover there have been recent advances in Solar /EVs that could eliminate the need for charging vehicles to a large extent! The combination of potentially doubling the capacity of solar with perovskites, and new lighter / high density solid state batteries could revolutionize solar/EV production and use.
Very Interesting, however we will still be paying 30-40k for a car that should be 10-15k , not matter which company it is….the robbing barstewards! We never see the benefits as consumers….only the shareholders….
You missed the viking's videos on Chinese $15k ev and $20k cars. Based on the videos, they are as automated as Tesla. Chinese EV markets are going for market share. VW, Ford, GM and Stellantis are only thinking about profitability. Viking in a different video in early 2024 said that China had told all car makers 8 years ago that they would not allow sale of gas cars after July 2024. World car markers ignore the coming ban and now have nothing to sell in China.
It’s called capitalism. And it’s coming to the end of its useful life. Capitalism is essentially a giant ‘ponzi’ scheme. Those at the top get everything. We at the bottom get the crumbs. Marx had it right.
An entire folding e-bike costs about $600 20" wheels. Hopefully the replacement battery prices will go down as well. I just got an electric scooter that I am thrilled with for $150. It goes 19 MPH - plenty fast enough for city riding, but more convenient and easier to fold and carry. I can take it with me, rather than locking it outside and worrying about theft. It charges up faster than my bike as well. I like the bike for grocery shopping. I got rid of my car and occasionally use a friends once a month or so, or rent one for trips.
@@psoon04286 That's great! I live in the city, and it was such a relief to get rid of mine! No more insurance, repairs, maintenance, parking hassles, moving for street cleaning, shoveling out of heavy street snow, gas, inspection sticker... While some people need cars, for a lot of us in the city they are largely unnecessary. It would be great to have some additional car sharing options for the occasional day trip. We do have zip-car, turo and rental nearby (actually pretty convenient with the scooter) but a neighborhood solar electric car would be ideal! Solar just made a big leap forward as well as batteries! They expect to have double the solar capacity with a special coating, I think it is called perovskite .
Moore's law refers to the number of transistors on a micro processor. Wright's law describes the cost of production decreasing by a constant percentage for each doubling of cumulative production.
@@chrissmith2114 Every car companies have debts. All the top car companies have huge debts. EVs are not junk. Only those who stay stuck with traditional cars will stay stuck in the past.
I've got an 8 year old Chevy Spark EV with an 80 K. range. More than adequate for 80% of my mileage but I would still love a new battery pack with extra range. But the cost of replacement packs is almost twice the price I paid for a used Spark. Seems to me there's demand for a company to manufacture replacement packs for used EVs with better batteries.
Look around, there is. But there's not many Sparks. You can get a Leaf battery upgraded, and you get more range and active cooling so it will retain range longer.
Small correction: iPhones are made also outside of china. India is the other country where it is produced. Also, there are talks to move production for US market in the US.
@@blueeyes6192 The crucial components are not even made in China, Apple design the processors, TSMC make them. memory chips much comes from south korea, many sensors come from japan or europe, displays come from south korea or japan. Much assembly is done in china yes, by a taiwanese company that is moving more assembly to other countries.
India get their components to build the I Phone from China. But yes, Apple is slowing attempting to reduce manufacture of I Phones completely in China, this is their first baby step.
They already left India, what are you talking about?? Apple had over 50% defect, quality and destruction issue there plus it cost far too much since India transportation system is a mess. No wonder Apple, Tesla etc price gouges consumers with geniuses like you people. most big brand names have from 20 to 60% of their profits coming from China Name any brands and then look at where they sell most and where they manufacture to export. Tesla builds most of its cars in China then exports it even many in U.S tesla have CATL battery. What a bozo, living in 80s where everything came from U.S
You are referring to Wright's law, not Moore's law. In 1936 Theodore Wright an aircraft engineer working for Curtiss-Wright aircraft manufacturer made an observation and model. Wright's law is a model for predicting manufacturing costs based on cumulative production volume. It states that for each doubling of production volume, costs decrease by a consistent percentage (typically 10-30%). The formula is: Y = aX^b, where Y is unit cost, X is cumulative production, a is first unit cost, and b is the learning rate. This model has proven remarkably accurate across industries, from aircraft manufacturing to semiconductor production, helping companies forecast costs and plan production strategies.
@@therealthreadkilla Upon repeated doublings the cost asymptotically approaches the cost of the raw materials which itself declines due to volume purchase.
According to Cairn's research, Tesla pays an average of $142 per kWh for cells purchased from its three previously mentioned suppliers. Meanwhile, companies like GM are paying $169 per kWh, while the industry average runs around $186, according to the firm's report. (generated by Gemini)
@@joewilder Tesla has 4680 production and volume negotiating leverage. If the suppliers lose Tesla, they lose economies of scale. So, not a surprise. As Tesla ramps 4680 production, which I readily admit is way behind my expectations, battery vendors will have to cut margins to continue supplying Tesla.
Like solar panel the cost of cells is no longer a material , in a typical solar plant the panels are less than 15% of the cost. Balance of plant costs are increasing…
Not just a battery pack price crash, manufacturers seem to be slashing prices of new ev's. Probably nothing to do with the immense end of year fines manufacturers will face for not hitting quotas from the Uk Government, or the sales figures not showing how many are lease/company cars as opposed to private.
I have a Hayunday ionic 5 with a level 2 charger installed at my house. Its a fast car and wife goes too fast in it. Not my thing but i can accept technology
@@tyo0815 that is if you set up the regen feature to the maximum. Whe i drive it, it is in sport mode with the least amount of regen braking. She like the acceleration and will pay the price in tires when the lease is up.
@@Scotty_AU Because EVs have had to combat a "golf cart" image for years. But there are makers over seas that are producing EVs with smaller motors and that have great range for a smaller battery pack.
We keep hearing about how many miles a battery pack will last, but this isn't so important when most people average around 10,000 miles/year .... more important is how many years the pack will last as we can expect cells to degrade with age and environmental conditions.
degrading due to age is still because of discharge and charge cycles. When in storage the battery will very slowly discharge. It will need to be recharged. This counts against its life-time charge/discharge cycles. Degradation from this will be much slower than if the vehicle is in daily use.
@@sd70cal This is not the case ... aging is a totally different phenomenon and that's why you won't see a lifetime battery warranty on a Tesla. Some lithium cells can lose capacity rapidly with age. Once the capacity drops to around 70% the cell can suddenly fail without much warning.
@@iamspock What is the physics of the aging of LFP batteries other than charge cycles? What is your data for sudden failures of batteries when they fall to 70% of capacity?
This. I have had quite a few Lithium Ion batteries fail. The common theme was that they weren't being used. The most annoying was a brand new power bank which I tested then put aside for about four years only to find it had swelled up. In contrast I would put money on the ICE model aircraft engine I got fifty years ago still running fine.
@@MrDuncl If you do improper storage for either piece of equipment they will degrade. If they were built with inferior material or process they will fail. Your comparison of an engine to a fuel storage system is not an even comparison. A better comparison would be a motor.
We need to see these cheap prices in batteries for home systems. Last I looked it's still running about $800 per thousand Watts. It should be down to about $400 per thousand Watts now. They are artificially holding up the prices.
You are so correct. Even if these were treble the stated $53 /kWh a home battery system would make sense. The costs at the moment are artificially being kept high, but why and by who? Is it just profiteering? $53 per kWh a home battery of 15kWh is now only going to cost $795 ! wow even if that was $1500 it makes commercial sense to the seller and buyer. But no in the UK this system would be close to £10K
.. I see a market for people using car batteries for home power storage,, also stripping new cars of batteries and selling them on the black market 😄.. welcome to the future
Hybrid and petrol vehicles are way more likely to catch fire than full battery vehicles. According to people that have looked at the facts. ua-cam.com/video/GBxxxBU9T08/v-deo.htmlsi=3_OVk65M6ZD4rfZ5
All your other EV uses Chinese battery including your iPhone. Stop buying anything because everything you use is most likely made in China or Taiwain (Republic of China).
@@changeofseason8054 Yes, and it's the gas engine that makes them dangerous. I had a gas car that nearly caught fire when the fuel hose broke, pouring petrol all over the engine. Glad I don't have to worry about that anymore!
That's nice imagine what happens in a year or two when the batteries get longer and cheaper? Once cars go 500 miles or more and they can produce them for 20 or 30K. The market will only need reliable charging infrastructure, and the market will flip. That's very simple to execute if you put your mind to it, only to attack vectors.
Howdy, Love you channel. One correction... the cost reduction from doubling production is Wrights Law not Moores Law. Moores Law is derived from Wrights Law but is based on cost reduction over time, not cost reduction over volume.
China is in very deep financial trouble , whether its the collapse of the housing market , or the 60 Trillion yuan local gov debt that will rise to 65 Trillion yuan in 2025. The outlook for chinese is bleak . Over the last 1 year 5 million people have left Shanghai and gone back to the provinces because there is no work there anymore Thousands of companies are going bankrupt , and overseas companies are shutting up shop and leaving, not just in cars , but in electronics. One of the reasons that the chinese markets are buying more EV's is the new stringent OBD tests on ICE cars in china , if a car fails an OBD test it twice it is automatically scrapped , even though it may only have 20k km on the clock it will be crushed. But when it fails u can only get it repaired at a gov station , so u are screwed ua-cam.com/video/ysDMvQx5pTY/v-deo.html Lots of evidence about a chinese financial collapse ua-cam.com/video/Xox2ihkba3o/v-deo.html ua-cam.com/video/f_0GhfBrt58/v-deo.html
@@musk-eteer9898 Bingo!! The fire hazard alone is enough reason to steer far clear of these Li ion battery powered cars. Supposedly the new 'solid state' batteries are much superior in that respect and several others, but we''ll have to see how economically feasible that technology is and how it works in real world conditions before we reassess the viability of large scale EV adoption.
@@waynek805 Most EVs of recent have batteries which are LFP. They do not have the fire hazard associated with Li batteries. Even with Li you would still be in greater danger of an ICE vehicle catching fire than the EV.
@@sd70cal Difference is you can put out the fire under the hood of a gasoline powered vehicle with a simple fire extinguisher while the EV battery fires often can't even be put out by the fire department. As for LFP, they are still not the majority of EV batteries and they have lower energy density than the older Li-ion batteries, so not a very great improvement.
Remember how expensive big screen TVs were back in the day? It seemed like prices would never drop, then they started building factories in a big way, and today they are practically giving them away. Same thing.
We have seen improvements across the board but they always seem to be related to new production. What about retrofit into existing vehicles? I own a 5 year old EV, instead of a replacement battery to rectify losses,how about a cheaper option that increases capacity, range speed of recharge even providing future wireless charging capabilities? Lest get the hardware to match the improvements we already have from OTA software enhancements to existing vehicles?
The cheapest EV car is the Nissan Leaf at 30 grand. The rest only go up from there. The cheapest good gas car is the Mirage at 18 grand. There are a lot of really good, brand-new gas cars well under 30 grand. It will be quite a while before EVs can be priced under ICE.
If you start to include Government subsidies you can lease a Fiat 500E for free in some states. With Trump in power that definitely won't be happening with the BYD.
@@drakekoefoed1642 Most Chinese cars are much cheaper than other cars manufactured elsewhere around the world. Both EV and ICE. There are two problems however; most Chinese cars are junk and no matter what price is paid they are only good for a year or two, and secondly, Trump will be placing 100% tariffs on products from China making them much more unattractive and unaffordable.
It won't be that long. Demand will increase supply, and the tech gets cheaper, and on the higher end EV prices are already matching ICE. That will trickle down. In the mean time, tax incentives can make up the difference, and gas and service savings mean they can already be cheaper than a new ICE over a 7-10 year span of ownership.
Sam, would you also comment on the downward trend of gross weight of EVs as energy density improves. Is it going to cross below that of ice cars and when, thanks.
A slight correction: Apple & Foxconn have begun manufacturing iPhones in Vietnam and India (but some components still made in China, Malaysia, Japan, etc.). If Apple can successfully "de-risk" all of its manufacturing out of China, suddenly the center of gravity of technology will shift and China will suffer.
@@kamaraxs China government is working hard to push Apple products out. They already banned iPhones for public workers, who have to buy crappy, inferior quality HuaWei. It might actuall be worth losing the china market to get their manufacturing out of there. Anyway, no one buys huawei in the rest of the world. China is becoming a walled garden.
True, better to reference the Experience Curve Effect which predicts similar effects for different products. Also Swanson's Law as applied to photovoltaic modules that predicts 20% price drop for each doubling in shipping numbers. This is a misuse of Moore's Law, but similar rules apply in other manufacturing processes.
batteries are going to get better and cheaper. we aren't even close to the theoretical limits yet so there's PLENTY of room for improvement. future batteries are simply going to be mind blowing, the same way the "supercomputer" in my pocket (mediatek g99) is compared to my first computer (286 processor)
100% look back at the Z80's of the 1980's and the VHS recorders that were £1000's even back then. Now you have something x1000 better for less than £300. I predict in less than 5 years we will be down to $25 per kWh with energy density over 700Wh/kg so smaller lighter and cheaper. Making solar in sunny places very very attractive, and for very low cost vehicles. Maybe I will see an EV campervan with 500 miles range and 5 days off grid capacity :-)
Try explaining how they're going to get better. Batteries are a well established technology, they're practically at the limits of energy density (kwh per volume/weight), charging speed might have some improvements. Then there's the big negatives - firstly longevity, people can't afford to change the battery at 20K cost every 15 years. Secondly, if all the ICE vehicles were replaced with EV, watch the rare earth metals commodity prices sky rocket making them even more unaffordable.
@@mart34 So well established that prices have fallen by over 98% in the last 33 years (over 99% in China) while energy density continues to climb. Battery tech is advancing fast enough you can't even take battery tech that's a mere few years old as a parameter. For example, you think batteries don't work in the extreme cold? CATL is starting production of a battery that works without issue at -40°, a temperature so low that regular gasoline freezes over.
@@mart34 As for rare minerals, modern batteries use Lithium (we have more than enough), iron (converting everything from fuel to batteries wouldn't even make a dent in our iron usage), and phosphate (same, as it's used in fertilizers). And we can use sodium also, which is hundreds of times more abundant than lithium (we could get all we need just from seawater).
Funny or not so funny, EV prices here in Europe remain the same, I guess Australia is a real special place to live. But not just EV prices, pc component prices here in Europe are sky high, energy is sky high, food is sky high, shoes are sky high, clothing is sky high.
@@NoiserToo No Coal plants in the UK now. We have a cunning plan to 'clean' our environment and pat ourselves on the back. We have replaced Coal with wooden pellets mostly from the US. It's so good that we stopped mining a local natural resource, then switched to chopping down 200+ year old trees (which will take another 200 years for newly planted ones to get to maturity), shipping across the seas, using oil and Diesel in the process. Then we burn it at power stations like Drax and guess what? It burns dirtier and has a worse carbon footprint than coal! And we feel so much 'greener' now....what a fantastic idea!
@ - wow, it’s worse than I had ever imagined in the UK! Perhaps you should buy a eco-friendly rickshaw - they’re having a two for one sale in Guangzhou 👀🤣
I'm glad the price of batteries is going down but the price of electricity (currently $.43/kwh in CA) is going up faster. With a Model 3 getting 3.5 miles per kwh, my hybrid at 42 mpg ($3.79/gal) costs significantly less to drive per mile than an EV.
@@jamesvandamme7786 I don't have a night rate. Only a flat rate because it is cheaper over a years use. Due to the large amount of solar in CA, we are surplus electricity during the day and short during the night. We are supposed to reduce our electrical consumption between 4:00 PM and 10:PM when electricity is in short supply.
I’d say that a Tesla Model 3 Long Range is already cheaper than its ICE equivalent here in the UK. 436 mile range 0-60 in 5 seconds £45k full price, fully loaded. No ICE car gets close.
Thanks for the accurate videos and all your hard work. Great news for the industry! EVs are revolutionizing everything. Merry Christmas Electric Viking !
Do the same in China now, which is the country where price parity is starting to happen. As for the UK, the price difference between EVs and ICE cars is falling. In a few years (and assuming carmakers don't keep EV prices artificially high) there's a pretty good chance EVs will be cheaper than ICE cars.
The clean air Zones in a growing number of cities is going to make them E vehicle only zones .. ICE are just going to get too complex and expensive ...plus the cost of F. Fuels isn't going to get any cheaper and the oil Co's are already converting fuel stations to Charging stations or swap stations. E vehicles are power source agnostic and cheaper to build.. they require less parts simpler manufacturing. Na cells are going start displacing Li in most storage /grid situations.. The big shift will be away from those chemistries using rarer metals or expensive synthetic materials.
@@clivestainlesssteelwomble7665 Sodium cells are already starting to displace Lithium in China when it comes to large scale static storage (such as grid storage), with a few big systems already operational. It's going to take longer outside China because other countries aren't as advanced in Sodium battery tech, and many are blocking imports from - and, in some cases, even partnerships with - China.
@mosquitobight That makes my point. They switched as it became economically advantageous, as roads improved, as gas became more available, etc. Not because someone mandated "We have automobiles now, we're going to ban horses to cut the manure footprint". It was a long time before you could get everyplace by road.
I live in the US and I own and love my EV. I am surrounded by others who are the same, and see EVs increasingly everywhere I go. So stop thinking you speak for Americans, because you totally do NOT! What you want in MN is not what we want in MD.
Sorry to be a doubting Thomas, but I don't think the numbers support your assertion about battery pack replacement becoming more affordable than ICE engine replacement. ICE engine rebuilds are fairly routine and mine is a good example. My Honda Prelude rebuild was a grand total of about $4200. That includes everything. The result was I get at least another 100k miles and by the end of that lifetime EVs will be truly affordable (they mostly are *not* in the US right now). There's no way a battery pack replacement would be less than or equal to $4200 - not for an EV worth having (good range + good charging speed). We may get there eventually, but we're far from that right now. Don't get me wrong I'm quite enthusiastic about the prospect of an affordable EV and will likely end up getting one, but the numbers just aren't going to make sense for a few more years (probably 2030 or so).
correct. ICE repairs will be cheaper than any battery replace/ repair of cells. For the time being. Time to chase down a few cores & stock up on parts. Pretty sure the gov't will be doing a 'Cash for Clunker Parts/Engines/Transmissions' to force their electron agenda on all of us eventually. Only answer is hoarding.
Keeping a car for 10, 15, 20 years or more is uniquely an American thing. This really doesn't happen much at all in Europe or Asia. If someone has a very old car it's because they bought it 7th hand already very old because they can't afford anything newer or it's a classic. So it's had a load of previous owners and it's only going to cost them a few hundred or a thousand pounds to buy it. The issue with cars that age is you need suspension rebuilds and all the other mechanical parts get a bit tired too. Then you have to factor in European cities are now charging people who drive into those cities with older, more polluting cars. They set a standard your car has to pass in regards to pollution output (Euro V or Euro VI) and if your car isn't one that can hit the target, you're paying £x per day to enter the city. It's £12.50 a day in London, for example. In Aberdeen, Scotland, you get a £60 charge for entering a low emission zone in a car that doesn't meet the standards so what use is an old petrol or diesel car that you can't drive into any major city? Eventually old internal combustion engined cars like this will be banned from all major cities in Europe.
I replaced my 2013 Model S battery pack a couple years ago for about $12k, which indeed is more than $4200 but as I said this was a couple years ago, and my pack is a reconditioned one rather than a new one using cheaper tech. I have no doubt that the price for a pack replacement will drop below $4k. And this is on my 2013 Model S P85+, which was the plaid of the day. The top end car. Replacing a top end ICE is very expensive. There's a video here on youtube of a guy with a $100,000 mercedes that got hydrolocked and it destroyed the engine. The replacement price of the ENGINE was $75k.
It'll be the one in your garage that you already paid for to drive around. Charge cheap at night, then sell back to the utility if you're not driving. Profit!
My 2L ford focus is, and has been a fabulous car. When it goes to god, shortly, im going eV with a vengeance. Nothing complex, but simple with no need to do the quarter mile in 15 seconds. Just freeway acceleration for safe entry. SO, HUGE potential market for safe, cheap, simple eV's for economically challenged folks like me that just require transport, not complex cars. A friend's new eV Kia has a 700 page on-line manual. Screen buttons for everything. Fabulous car, but she's overwhelmed and suffering post purchase dissonance.
Sam just because a vehicle manufacturing plant is efficient dosent mean the product is of good quality or reliability. Nissan sunderland uk is efficient. But how many quashquis do u see on the roads after 5 years of manufacture! Hondas toyotas last for years my freind.brand value is not yet justified with the chinese
Honda's and Toyota's used to be good quality that's how they became successful. They are not good quality now, the same happened to the Germans who became most interested in increasing their profit. I find it perplexing that you use Chinese products everywhere and every day yet you think that they haven't learned how to make cars?
@@paulc6766 the US government will never allow it's auto makers to fail. they will ban imports like toyota hilux. they will never allow any real competition in America, any company that gets to full of themselves will be tariffed into oblivion
Most of your cars components have been made there for decades. Now without the emmissions laws for gasoline engines china will make almost every car part for Ev's.
Honda, Nissan, Toyota, Mazda, all German brands, GM BMW Volvo, and many more have engines built in China, and have done for many years, It's the same for mainstream Motorcycle manufacturers , so your story is funny when what you are actually establishing is that Chinese built engines are already reliable....There's so much ignorance around Chinese made products....
-14C here in Quebec...more range especially in winter and a heater for the cabin that works at -25 and, yeah... be able to move the car at that temperature.
How do you start your diesel trucks over there? Oh, I forgot you plug them to keep the engine warm. You can do the same with the EV. A warm EV doesn't lose the range as much as a cold one, some times doesn't lose any at all.
When companies undercut their competitors so much than the competitors die off, that's good for the consumer in the short term, but will it lead to stagnation in the long run ?
@@carloskleiber8500 My battery is guaranteed for 7 years. Every car I've ever bought has experienced a drop in resale value. What cars are you buying that go up in value? The battery will probably last 15 years. If it's still worth keeping I'll replace it with the latest technology of the day. It will be way cheaper than any ICE engine replacement cost.
But they aren't anymore.. they are failing, in fact the opposite is true, they are proving to be more reliable than ever thought.. and it's not like ice car motors don't break down..
You mean still no help when the ICE gives up the ghost and the car is now effectively scrap metal. Or the gearbox. Once an ICE has a few years on it, the cost of such repairs are on often prohibitive.
iPhone parts are made in dozens of countries. Based on the company HQ, the parts are mainly made by American, Chinese, Japanese, South Korean, Dutch and Swiss companies. But physically the parts are mainly made in China, Japan, Taiwan and South Korea.
@@ksbrugh9886apart from western companies from America, Netherlands and Switzerland, companies from Japan, China and Japan too make the parts. However most western companies make the components and China and Taiwan. Assembly of the phone is made in China, India and Brazil. China still assembles about 95% of iPhone.
This also has implications for older EV's too. Say 15-20 years old will be able to get a new possibly bigger replacement battery for maybe only a few thousand dollars making them last even longer. I mean the BMW i3 could last for ever ! at $53/kWh for the i3 that's $2226 or £1775 ! wow just think about that.
and who will build a battery for you ? you don't even know what a pain to work on an EV compare to any ICE car..... I have to dress up like a biohazard guy before even touch the power train..... 1000V PPE all around..... it is many more times sucks than repairing any ICE cars..... and it does not pay more and you are delusional of the price because I will charge extra several grand to give you warranty over the rebuilt battery ( you have to reseal that battery pack to air and water tight ..... )
@@Gabor-y3h Just get a junkyard battery and swap it. You can check the life unlike a junkyard engine. There will be plenty of battered, rusted out EVs available with good batteries. You can get upgraded Leaf batteries that give you more range and active cooling.
No, they were all stolen from the chocolate or sex trades you dont even know or care about. What rubbish. Sure, world is supplied with lithium by 5 year olds carrying baskets of dirt. Gold is worth more and I never ever hear of child Gold Slavery. Just coal barons spreading garbage to empty minds.
Lithium will not be used sooner or later. Batteries without lithium will though, just the way it is. Times change. I still love the burble of a big v8 - I grew up with it.
tesla will have the 5 year olds. belt and road countries will have younger workers than that, like robbie over there. he has worked 24/7 since he was commissioned 3 years ago.
The disruption of horse and carriage occurred when the ICE became cheaper than a horse. It went from being a niche hobby (hence the term motorist, like it's a private hobby) to the default option over horse and buggy.
Check out Norway, China, Finland, Sweden, Denmark. The EV sales are growin, which means they are better than ICE vehicles. China overtook Japan as the largest exporter of vehicles in 2023, and Germany in 2022. This is 2024 not 2014, or 2019.
@@Mark-l9k9q But they are. EVs are much simpler mechanically (less parts to break or fail, and they are compact enough most pure blood EVs offer bigger internal space and trunk space for the same size car body), have a better performance curve (faster acceleration), have no exhaust (no odd smells, no chance of killing owners if they run the car in a closed environment), much lower fire risk than an ICE car (and doubly so for modern batteries), silent and vibration-free engines, and you can charge them at home saving big in the process (where I live charging at home is 80% cheaper than fueling a similar size car). The only disadvantages of EVs are battery weight and price (which is disappearing due to improvements in battery tech) and charging infrastructure (which not only is getting fixed, in many cases it don't matter anyway because, differently from an ICE car, you can charge an EV at home).
@@PaulLorenzini-ny2yw My great grandfather told me he was wrong when he said nothing will replace the horse. Its coming, I never thought it would. Still, you have the right to keep that horse and love it.
@@PaulLorenzini-ny2yw It'll still be running with an updated battery pack capable of 1000 miles on a single charge, just getting its first brake shoe change, its second full service and passing through its millionth mile.
@@johncampbell9216 and what fantasy novel are you reading from? cultist greenwashing 101. Might be a transition, but into what? You will not be happy when you're left the bag holder in the end
Ur level is hard to reach. Ev numbers for example in China are fake, well forced, the government is forcing people with perfectly good cars to have them scrapped to buy new EV’s Not economically or environmentally sustainable
the tesla pack is around 23-24k. That's a good used ICE car with 100,000+ miles left to go. The battery array is the dirty secret of 'lectric cars. There's no way to make them economical without going hybrid technology. Then they almost work out. i.e. Prius. An econobox with zero performance. And that battery is $5,500. currently. That buys a lot of gasoline.
I highly doubt that American labor unions would agree to workers earning $3 per hour. Or that American buyers would take on a 30-year mortgage to buy an ICE car.
Nice figures, but what does that do with the depreciation of EV's? And is it relevant? How many times do insurance compagnies replace ICE engines? Replacing a battery is not the same as replacing a battery and an electric engine.
Ye Id like to see that - you need electricity to charge them in South Africa and Zimbabwe - you need your own diesel generator to drive your Tesla.. in Oz you can't afford the electricity.
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If I cant charge my car in 5 minutes and without changing course the of the trip. I am not interested in a EV !!! You EV lovers just dont get it. Its not just about the price .
@@zelareka Some people are simply not interested. But I am excited to discover there have been recent advances in Solar /EVs that could eliminate the need for stopping to charge! The combination of potentially doubling the capacity of solar with perovskites, and new lighter / high density solid state batteries could revolutionize solar/EV production and use.
fire estinguishers suddenly gone sold out :))))))))
let's be frank, why pay 25 k euro's whilst risking of having a ruined battery in 2 5 years? you don't pay that much money to waste time at an EV charger ....... I won't make my life around chargers, sorry but I'll pass. it is enough that from charging one phone and possibly a laptop now I charge headphones, electric cigar (i happily quit it but had to charge it once a day or twice, yeah I smoked that much), another set of headphones, 2 batteries and even a fucking gaming soarec; luckily the soarec is on wire now, the headphones I use wired, and I ve reduced the need for portable battery. So no thank you, don't need a travel car that dictates my travel.
vloger in u.k.. bought a 130k porsche, 2 yrs ago.. its now worth 30k.. but no one wants it.. work it out, there crap..get a real job. where people dont hate you..like, not a lefti, or wokei..
Battery costs are high yes, but there is also a huge cost associated with making EV’s only at a premium specification and with lots of high tech equipment in them. I don’t need a luxury car. I don’t need 90% of the toys. I want a dumb car that “does the job”, is cheap to buy and cheap to run.
Auto manufacturers don't make money off these cars, they need to pay their executives bonuses. It's Probably Why Elon wants to end regulations on EPA and shitting his pants to get to Mars.
👍 Cheap and easy to fix, no over the air stuff.
Small ,simple EV s are hitting Europe @ £20 K NEW , 5 - 8 YEAR warranty. Used ev from 6 k
Absolutely! A light, single cab chassis ute(pickup) that’s simple and affordable for city work. But that won’t happen because most people want luxury, 4x4, capacity to tow a small universe, but most importantly, look cool.
That will be an EV - they are low cost to build bar the battery which is expensive. So if the battery becomes cheap you will get a cheap EV that does the job and costs less. The world is moving in your direction.
Giving up our manufacturing base was a blunder of unimaginable scope.
giving it up? Capitalists realised they could make more profit by moving manufacturing. So they did it the capitalists don't care about you.
You voted for politicians who enabled this. Ross Perrot in the 1990s literally said giant sucking sound, you voted for Clinton.
You didn't 'give up' anything! You were out-competed on labour costs, and out-dated by robotic manufacturing. Until the US can address reality, it will continue to lose.
The shareholders don't think so. They made major BANK! Almost like 'the future' doesn't even factor into their thinking, or something. Weird.
In the US we are unable to get the best and brightest to enter civil service, we don't encourage any kind of meaningful central planning on the national level, and we don't have the student STEM numbers to compete in the new technologies with most of the up and coming developing world like Vietnam and China. Without all of this it was eventually inevitable that our manufacturing base moved off shore to enhance shareholder value. As much as I cannot stand either Biden or Trump, they both realize that the current status must change or we will get trashed at our own game. Thank God it just so happens that most of the supply chain for advanced microchips exists outside of China and that China is unable to manufacture the most technically advanced chips on its own otherwise the game would have been already over for us.
@rusty9045 You make a lot of good points. Ultimately, it's about incentives. The wrong things have been rewarded for far too long.
Sorry Sam just correct you, it’s wright’s law not Moore’s law.
Hey Greg. Glad you could be Moore Wright. ❤
wr
He is talking about mos law not mores law 😅
I prefer the Cheap's law
Hahaha he's been banging on incorrectly about Moore's law in all his videos.
By the time a Chinese EV gets to a buyer in the UK, the protectionists have doubled the price. So we'll struggle to see the benefit.
Just buy a 2nd hand EV they are very affordable and last a long time. With this even longer !
Nah I'll handle this Sam. I have huge news for European market. Huuuuuge. I'll create a channel just for that
@@TheSmallRabbitbut to get used ones in the Market there need to be new ones sold
@@TheSmallRabbit 🙄🤣
@@TheSmallRabbit Second hand EV last longer !!🤣🤣🤣🤣🤣🤣
Hej Sam, Moores law : chips will double the capacity and halve the price every 18 months. Wrights law : For every accumulative doubling of production the cost will decline by a fixed percentage. Which percent is depending on the product.
Sam doesn’t read the comments 🤣
Sometimes, Moores' Wright...
So which is more right? Moore or Wright?
@@christianlibertarian5488- Wrightmore shall suffice
Tim Cooks laws : for each 1% performance, double the price. For each cent improvement, charge $200.
12v lifepo4 battery's are running $1 per ah for the first time ever. I installed a 9kw system in my 24' cabin boat and it can run the ac for 3 days. All for about $700 in batteries. Cost has halved in 1.5 years
Based on your number I believe it's .7 cents per wh. A dollar per wh is a bit to high.
? If prices are falling so fast - why buy Now !
Cost benefit analysis. We don't live forever. They are already cheaper than lead batteries. I don't regret purchasing my first flat screen TV either!
I am a fan of LiFePo4 batteries/plug in power supply combined with solar panels. Pakistan is apparently going solar electric the DIY plug and play way! Wink Motor has a solar/LFP micro-car for around $10,000 (but it is low speed, so probably not great for urban use). But I am excited to discover there have been recent advances in Solar /EVs that could eliminate the need for charging vehicles to a large extent! The combination of potentially doubling the capacity of solar with perovskites, and new lighter / high density solid state batteries could revolutionize solar/EV production and use.
Should talk about the Canadian company making batteries that will last 1.5 million miles.
Very Interesting, however we will still be paying 30-40k for a car that should be 10-15k , not matter which company it is….the robbing barstewards! We never see the benefits as consumers….only the shareholders….
Exactly no auto producing country is going to let their industry crash. We the people will take up the slack.
You missed the viking's videos on Chinese $15k ev and $20k cars. Based on the videos, they are as automated as Tesla.
Chinese EV markets are going for market share. VW, Ford, GM and Stellantis are only thinking about profitability.
Viking in a different video in early 2024 said that China had told all car makers 8 years ago that they would not allow sale of gas cars after July 2024. World car markers ignore the coming ban and now have nothing to sell in China.
It’s called capitalism. And it’s coming to the end of its useful life. Capitalism is essentially a giant ‘ponzi’ scheme. Those at the top get everything. We at the bottom get the crumbs. Marx had it right.
So buy their share
Have you not seen Teslas written goals?
Tesla is providing less inexpensive cars every year .
Bitter much ?
I found a method of reducing ev prices through prolonged meditation. I will do that a few more years.
Me too, probably forever.
Pramahansa Yogananda, parlez-vous?
Nah, the western givts will constantly up the tariffs to disrupt your meditation.
Driving a 2009 Hyundai Genesis now with 113k miles. Nothing wrong with it. Can afford to wait some more.
It's called The Osbourne Effect.
Thanks!
Grazie.
European car makers have just raised their ICE prices to cope with the fines of not selling enough EVs further closing the gap
EU is shooting itself in the foot (tire?).
About to buy my last ICE, a manual Porsche Cayman. I’m gonna enjoy driving curving backroads before it’s too late.
Ah! The “cutting off your nose to spite your face” strategy.😮
@@FrunkensteinVonZipperneckor maybe this signifies the needs to relax emission standards to save jobs, industry, etc?
@@stumckhall - time to replace the politicians, ya?
So when do these prices finally reach eBike battery prices then??? My bike dealer still wants 800 Euros from me for a 500w/h battery 😡
Diy? Aliexpress?
My question too. I was expecting e-bike batteries to also enjoy price slashes. What’s the difference?
An entire folding e-bike costs about $600 20" wheels. Hopefully the replacement battery prices will go down as well.
I just got an electric scooter that I am thrilled with for $150. It goes 19 MPH - plenty fast enough for city riding, but more convenient and easier to fold and carry. I can take it with me, rather than locking it outside and worrying about theft. It charges up faster than my bike as well. I like the bike for grocery shopping.
I got rid of my car and occasionally use a friends once a month or so, or rent one for trips.
@@amyw1850 we plan to cut down on our car ownership too, and renting for the occasional road trips.
@@psoon04286 That's great! I live in the city, and it was such a relief to get rid of mine! No more insurance, repairs, maintenance, parking hassles, moving for street cleaning, shoveling out of heavy street snow, gas, inspection sticker... While some people need cars, for a lot of us in the city they are largely unnecessary.
It would be great to have some additional car sharing options for the occasional day trip. We do have zip-car, turo and rental nearby (actually pretty convenient with the scooter) but a neighborhood solar electric car would be ideal! Solar just made a big leap forward as well as batteries! They expect to have double the solar capacity with a special coating, I think it is called perovskite .
In Thailand you can buy the low mileage BYD Dolphin (435km) for under $17,000 US. This car is the same size as a Honda Civic, but cheaper.
Thanks
Welcome
Moore's law refers to the number of transistors on a micro processor. Wright's law describes the cost
of production decreasing by a constant percentage for each doubling of cumulative production.
You're the 37th person to point this out, but Sam doesn't read comments so save your breath.
I'm in Japan and I'm legit worried about car companies here. I've seen more and more BYD dealers pop up recently.
BYD have eye-watering debts, and they are one of the more 'successful' EV junk makers.
@@chrissmith2114 Every car companies have debts. All the top car companies have huge debts. EVs are not junk. Only those who stay stuck with traditional cars will stay stuck in the past.
@@chrissmith2114 Hate spotted. Go drive a BYD and feel the difference.
So BYD debt is bad but VW debt is good. Got it
Your gov should NOT have let them in, now your car industry is gone. In turn your country will be crushed.
I've got an 8 year old Chevy Spark EV with an 80 K. range. More than adequate for 80% of my mileage but I would still love a new battery pack with extra range. But the cost of replacement packs is almost twice the price I paid for a used Spark. Seems to me there's demand for a company to manufacture replacement packs for used EVs with better batteries.
Look around, there is. But there's not many Sparks. You can get a Leaf battery upgraded, and you get more range and active cooling so it will retain range longer.
Yeah batteries are far better than they were 8 yrs ago
Actually India has been manufacturing iphones since 2017 and has 15% of Apple production, rapidly rising.
Thank you, I came to post the same.
This bro gets a few things wrong
I like what is happening for battery price, but he has become like china mouthpiece. Everything is great their and doom and gloom elsewhere.
Yes, but 90% of the components and parts are sourced from China, primarily a matter of assembly rather than manufacturing the entire product
@@kamanda007 for now. There's a huge effort to outsource the chain. Like that $30 billion chip fab which just opened in Phoenix, Arizona.
Small correction: iPhones are made also outside of china. India is the other country where it is produced. Also, there are talks to move production for US market in the US.
lmao India is only assembly . Most parts are shipped from china to india 😂
@@blueeyes6192 The crucial components are not even made in China, Apple design the processors, TSMC make them. memory chips much comes from south korea, many sensors come from japan or europe, displays come from south korea or japan. Much assembly is done in china yes, by a taiwanese company that is moving more assembly to other countries.
Some iPhones are made in India so the Electric Viking is talking BS at times ... 🤔
The Electric Mao talks bullshit quite often.
India get their components to build the I Phone from China. But yes, Apple is slowing attempting to reduce manufacture of I Phones completely in China, this is their first baby step.
They already left India, what are you talking about?? Apple had over 50% defect, quality and destruction issue there plus it cost far too much since India transportation system is a mess.
No wonder Apple, Tesla etc price gouges consumers with geniuses like you people. most big brand names have from 20 to 60% of their profits coming from China
Name any brands and then look at where they sell most and where they manufacture to export. Tesla builds most of its cars in China then exports it even many in U.S tesla have CATL battery.
What a bozo, living in 80s where everything came from U.S
His fact hit rate is about 80% and he doesn't understand some of the new technology, but the general direction is pretty spot on.
since it is far off it makes me doubt the rest. the crucial iphone components are not even made by china.
You are referring to Wright's law, not Moore's law.
In 1936 Theodore Wright an aircraft engineer working for Curtiss-Wright aircraft manufacturer made an observation and model. Wright's law is a model for predicting manufacturing costs based on cumulative production volume. It states that for each doubling of production volume, costs decrease by a consistent percentage (typically 10-30%). The formula is: Y = aX^b, where Y is unit cost, X is cumulative production, a is first unit cost, and b is the learning rate.
This model has proven remarkably accurate across industries, from aircraft manufacturing to semiconductor production, helping companies forecast costs and plan production strategies.
So then by that measure if I double enough times productions costs drop to zero?
@@therealthreadkilla Upon repeated doublings the cost asymptotically approaches the cost of the raw materials which itself declines due to volume purchase.
@@lewiswithrow1936
So no then,
Sam doesn’t read ANY comments. It’s been pointed out in previous videos that it’s Wright’s law, not Moore’s law.
Correct 🤣 but somebody on his staff delete them.
If you produce as many videos as he does I don't think you would read the comments either
@@jj9749- agreed, quantity over quality…
absolutely Incorrect as he's replied to mine in the past as well as others.
Problem with Sam, that he putting a lot BS and China's propaganda.
According to Cairn's research, Tesla pays an average of $142 per kWh for cells purchased from its three previously mentioned suppliers. Meanwhile, companies like GM are paying $169 per kWh, while the industry average runs around $186, according to the firm's report. (generated by Gemini)
@@joewilder Tesla has 4680 production and volume negotiating leverage. If the suppliers lose Tesla, they lose economies of scale. So, not a surprise. As Tesla ramps 4680 production, which I readily admit is way behind my expectations, battery vendors will have to cut margins to continue supplying Tesla.
Like solar panel the cost of cells is no longer a material , in a typical solar plant the panels are less than 15% of the cost. Balance of plant costs are increasing…
We'll write new regulations to ensnare them in red tape!
Not just a battery pack price crash, manufacturers seem to be slashing prices of new ev's.
Probably nothing to do with the immense end of year fines manufacturers will face for not hitting quotas from the Uk Government, or the sales figures not showing how many are lease/company cars as opposed to private.
Fantastic channel 🎉🎉🎉 👏👍👏👍👏👍
Exellent analysis, I wish you an Electric Christmas🎉
Same to you!
I have a Hayunday ionic 5 with a level 2 charger installed at my house. Its a fast car and wife goes too fast in it. Not my thing but i can accept technology
I don't understand why they don't tone down performance and instead provide a longer range
@@Scotty_AUbecause it makes no difference.
With ab bigger engine you also can recuperate more Energy.
@@tyo0815 that is if you set up the regen feature to the maximum. Whe i drive it, it is in sport mode with the least amount of regen braking. She like the acceleration and will pay the price in tires when the lease is up.
@@Scotty_AUThey have "chill" options. Reduce wear and tear to the tires and better range...
@@Scotty_AU Because EVs have had to combat a "golf cart" image for years. But there are makers over seas that are producing EVs with smaller motors and that have great range for a smaller battery pack.
Now let's get the cost of a network of Charging Stations to scale with the price changes.
Merry Christmas!
I mean, Electric Viking with Good News for Christmas.
We keep hearing about how many miles a battery pack will last, but this isn't so important when most people average around 10,000 miles/year .... more important is how many years the pack will last as we can expect cells to degrade with age and environmental conditions.
degrading due to age is still because of discharge and charge cycles. When in storage the battery will very slowly discharge. It will need to be recharged.
This counts against its life-time charge/discharge cycles. Degradation from this will be much slower than if the vehicle is in daily use.
@@sd70cal This is not the case ... aging is a totally different phenomenon and that's why you won't see a lifetime battery warranty on a Tesla. Some lithium cells can lose capacity rapidly with age. Once the capacity drops to around 70% the cell can suddenly fail without much warning.
@@iamspock What is the physics of the aging of LFP batteries other than charge cycles?
What is your data for sudden failures of batteries when they fall to 70% of capacity?
This. I have had quite a few Lithium Ion batteries fail. The common theme was that they weren't being used. The most annoying was a brand new power bank which I tested then put aside for about four years only to find it had swelled up. In contrast I would put money on the ICE model aircraft engine I got fifty years ago still running fine.
@@MrDuncl If you do improper storage for either piece of equipment they will degrade. If they were built with inferior material or process they will fail.
Your comparison of an engine to a fuel storage system is not an even comparison. A better comparison would be a motor.
We need to see these cheap prices in batteries for home systems.
Last I looked it's still running about $800 per thousand Watts.
It should be down to about $400 per thousand Watts now. They are artificially holding up the prices.
You are so correct. Even if these were treble the stated $53 /kWh a home battery system would make sense. The costs at the moment are artificially being kept high, but why and by who? Is it just profiteering? $53 per kWh a home battery of 15kWh is now only going to cost $795 ! wow even if that was $1500 it makes commercial sense to the seller and buyer. But no in the UK this system would be close to £10K
.. I see a market for people using car batteries for home power storage,, also stripping new cars of batteries and selling them on the black market 😄.. welcome to the future
I just bought an Alpha 7.8 kWh for about 4k€ in Germany. I still think it's way too expensive compared to numbers like 69$ per kWh.
Lfp batteries are 59% cheaper than 2 years ago the Viking says.
The solar/wind storage batteries are success because of the huge price drop.
@@SuperMassman Not so easy to take out a battery when it's on the ground. Cat converters are easier.
I will never buy a Chinese EV for that reason and the other reason is I don’t trust those cheap batteries.
Tesla either, they All have the same problems ... extremely dangerous Lithium batteries
Hybrid and petrol vehicles are way more likely to catch fire than full battery vehicles. According to people that have looked at the facts.
ua-cam.com/video/GBxxxBU9T08/v-deo.htmlsi=3_OVk65M6ZD4rfZ5
All your other EV uses Chinese battery including your iPhone. Stop buying anything because everything you use is most likely made in China or Taiwain (Republic of China).
@@changeofseason8054 Yes, and it's the gas engine that makes them dangerous. I had a gas car that nearly caught fire when the fuel hose broke, pouring petrol all over the engine. Glad I don't have to worry about that anymore!
Pure hatred will soon make you poor
That's nice imagine what happens in a year or two when the batteries get longer and cheaper? Once cars go 500 miles or more and they can produce them for 20 or 30K. The market will only need reliable charging infrastructure, and the market will flip. That's very simple to execute if you put your mind to it, only to attack vectors.
Howdy, Love you channel. One correction... the cost reduction from doubling production is Wrights Law not Moores Law. Moores Law is derived from Wrights Law but is based on cost reduction over time, not cost reduction over volume.
Legacy Auto in China is in deep trouble.
They are incapable of producing quality ICE vehicles that is why the promote this battery powered junk!
Non existent enymore
Legacy auto is in trouble everywhere
@@houseofancients because it is obsolete
China is in very deep financial trouble , whether its the collapse of the
housing market , or the 60 Trillion yuan local gov debt that will rise to
65 Trillion yuan in 2025. The outlook for chinese is bleak . Over the last
1 year 5 million people have left Shanghai and gone back to the provinces
because there is no work there anymore Thousands of companies are
going bankrupt , and overseas companies are shutting up shop and leaving,
not just in cars , but in electronics.
One of the reasons that the chinese markets are buying more EV's is the new
stringent OBD tests on ICE cars in china , if a car fails an OBD test it twice it is
automatically scrapped , even though it may only have 20k km on the clock it
will be crushed. But when it fails u can only get it repaired at a gov station ,
so u are screwed
ua-cam.com/video/ysDMvQx5pTY/v-deo.html
Lots of evidence about a chinese financial collapse
ua-cam.com/video/Xox2ihkba3o/v-deo.html
ua-cam.com/video/f_0GhfBrt58/v-deo.html
Thank God for China! Thank you Sam for your video👍
Our pleasure!
I am driving my first EV a used 2020 Bolt. It’s a perfect car for 150 miles or less per day. It’s a basic car just what most people want and need.
Are you driving it in a climate that gets down to -30C for half the year?
do NOT park inside while charging that car
@@musk-eteer9898 Bingo!! The fire hazard alone is enough reason to steer far clear of these Li ion battery powered cars. Supposedly the new 'solid state' batteries are much superior in that respect and several others, but we''ll have to see how economically feasible that technology is and how it works in real world conditions before we reassess the viability of large scale EV adoption.
@@waynek805 Most EVs of recent have batteries which are LFP. They do not have the fire hazard associated with Li batteries. Even with Li you would still be in greater danger of an ICE vehicle catching fire than the EV.
@@sd70cal Difference is you can put out the fire under the hood of a gasoline powered vehicle with a simple fire extinguisher while the EV battery fires often can't even be put out by the fire department. As for LFP, they are still not the majority of EV batteries and they have lower energy density than the older Li-ion batteries, so not a very great improvement.
Remember how expensive big screen TVs were back in the day? It seemed like prices would never drop, then they started building factories in a big way, and today they are practically giving them away. Same thing.
We have seen improvements across the board but they always seem to be related to new production. What about retrofit into existing vehicles? I own a 5 year old EV, instead of a replacement battery to rectify losses,how about a cheaper option that increases capacity, range speed of recharge even providing future wireless charging capabilities? Lest get the hardware to match the improvements we already have from OTA software enhancements to existing vehicles?
Enough with the Moore's Law error
Don't tell Sam, tell his script writer at Xpeng
I suspect ChatGTP and Xpeng.
A cheap high quality car that works and keeps working. What a concept.
you mean a petrol car?
@
Yeah. That.
@@davidanderson7138 Definitely not, unless you can do it yourself, but that has not been possible since the mid 80's.
The cheapest EV car is the Nissan Leaf at 30 grand. The rest only go up from there. The cheapest good gas car is the Mirage at 18 grand. There are a lot of really good, brand-new gas cars well under 30 grand. It will be quite a while before EVs can be priced under ICE.
byd seagull.
If you start to include Government subsidies you can lease a Fiat 500E for free in some states. With Trump in power that definitely won't be happening with the BYD.
@@drakekoefoed1642 Most Chinese cars are much cheaper than other cars manufactured elsewhere around the world. Both EV and ICE. There are two problems however; most Chinese cars are junk and no matter what price is paid they are only good for a year or two, and secondly, Trump will be placing 100% tariffs on products from China making them much more unattractive and unaffordable.
It won't be that long. Demand will increase supply, and the tech gets cheaper, and on the higher end EV prices are already matching ICE. That will trickle down. In the mean time, tax incentives can make up the difference, and gas and service savings mean they can already be cheaper than a new ICE over a 7-10 year span of ownership.
Sam, would you also comment on the downward trend of gross weight of EVs as energy density improves. Is it going to cross below that of ice cars and when, thanks.
It will be epic if China comes out with a low-cost EV Camper Van to address all the people escaping the high cost of housing.
Wouldn't take it if it was free.
yes you would.
Great Video Sam, a Merry Christmas to you and your family
A slight correction: Apple & Foxconn have begun manufacturing iPhones in Vietnam and India (but some components still made in China, Malaysia, Japan, etc.). If Apple can successfully "de-risk" all of its manufacturing out of China, suddenly the center of gravity of technology will shift and China will suffer.
In fact,Apple will suffer for losting China market if it successfully "de-risk".
yes in nam also. China a bit risky
@@kamaraxs China government is working hard to push Apple products out. They already banned iPhones for public workers, who have to buy crappy, inferior quality HuaWei. It might actuall be worth losing the china market to get their manufacturing out of there. Anyway, no one buys huawei in the rest of the world. China is becoming a walled garden.
A new battery for my Tesla - IF I needed one - (I don’t) is already cheaper than a new engine for my ICE SUV. (I might need one, very soon. 😢)
What you need to realize is that in the U.S., even if BEVs are really cheap (they aren’t,) you have range and charging infrastructure issues.
EV is very good I buy very nice 🙂
Moore's law is about computing Power and chip size, Not about batteries...
That is right the Evolution of batteries is faster.
Its about the number of transistors on a chip. However, it's generally used as a proxy to show exponential growth, as it's showing here.
True, better to reference the Experience Curve Effect which predicts similar effects for different products. Also Swanson's Law as applied to photovoltaic modules that predicts 20% price drop for each doubling in shipping numbers. This is a misuse of Moore's Law, but similar rules apply in other manufacturing processes.
He really means Wright's law for manufacturing.
Sam screws this up constantly or maybe ChatGTP does
batteries are going to get better and cheaper. we aren't even close to the theoretical limits yet so there's PLENTY of room for improvement. future batteries are simply going to be mind blowing, the same way the "supercomputer" in my pocket (mediatek g99) is compared to my first computer (286 processor)
100% look back at the Z80's of the 1980's and the VHS recorders that were £1000's even back then. Now you have something x1000 better for less than £300. I predict in less than 5 years we will be down to $25 per kWh with energy density over 700Wh/kg so smaller lighter and cheaper. Making solar in sunny places very very attractive, and for very low cost vehicles. Maybe I will see an EV campervan with 500 miles range and 5 days off grid capacity :-)
they had over a hundred years to get the batteries better
Try explaining how they're going to get better. Batteries are a well established technology, they're practically at the limits of energy density (kwh per volume/weight), charging speed might have some improvements. Then there's the big negatives - firstly longevity, people can't afford to change the battery at 20K cost every 15 years. Secondly, if all the ICE vehicles were replaced with EV, watch the rare earth metals commodity prices sky rocket making them even more unaffordable.
@@mart34 So well established that prices have fallen by over 98% in the last 33 years (over 99% in China) while energy density continues to climb.
Battery tech is advancing fast enough you can't even take battery tech that's a mere few years old as a parameter. For example, you think batteries don't work in the extreme cold? CATL is starting production of a battery that works without issue at -40°, a temperature so low that regular gasoline freezes over.
@@mart34 As for rare minerals, modern batteries use Lithium (we have more than enough), iron (converting everything from fuel to batteries wouldn't even make a dent in our iron usage), and phosphate (same, as it's used in fertilizers). And we can use sodium also, which is hundreds of times more abundant than lithium (we could get all we need just from seawater).
Funny or not so funny, EV prices here in Europe remain the same, I guess Australia is a real special place to live. But not just EV prices, pc component prices here in Europe are sky high, energy is sky high, food is sky high, shoes are sky high, clothing is sky high.
New petrol cars are dirt cheap, though?
Wage also high compared to many countries
You are showing us the future ........
I think Grid Storage is going to be a bigger prospect for batteries until the power density gets better!
@@MyWasteOfTime - I agree, I would love to get as off grid as possible.
It's the lower noise pollution i'm most looking forward to.
You'll be hearing diesel trucks & jet engines till you die. Sorry.
@@T0MapleLaughs - what, coal plants don’t make noise? 🤣 no, not in my backyard they don’t….. same goes for the actual pollution.
@@T0MapleLaughs The planet is looking forward to lower fossil fuel pollution.
@@NoiserToo No Coal plants in the UK now.
We have a cunning plan to 'clean' our environment and pat ourselves on the back.
We have replaced Coal with wooden pellets mostly from the US.
It's so good that we stopped mining a local natural resource, then switched to chopping down 200+ year old trees (which will take another 200 years for newly planted ones to get to maturity), shipping across the seas, using oil and Diesel in the process.
Then we burn it at power stations like Drax and guess what?
It burns dirtier and has a worse carbon footprint than coal!
And we feel so much 'greener' now....what a fantastic idea!
@ - wow, it’s worse than I had ever imagined in the UK! Perhaps you should buy a eco-friendly rickshaw - they’re having a two for one sale in Guangzhou 👀🤣
Not really related, but I saw my first BYD on the roads in Colombia. It was a very nice looking SUV.
I'm glad the price of batteries is going down but the price of electricity (currently $.43/kwh in CA) is going up faster. With a Model 3 getting 3.5 miles per kwh, my hybrid at 42 mpg ($3.79/gal) costs significantly less to drive per mile than an EV.
How much is it when you charge at night rates?
@@jamesvandamme7786 I don't have a night rate. Only a flat rate because it is cheaper over a years use. Due to the large amount of solar in CA, we are surplus electricity during the day and short during the night. We are supposed to reduce our electrical consumption between 4:00 PM and 10:PM when electricity is in short supply.
I’d say that a Tesla Model 3 Long Range is already cheaper than its ICE equivalent here in the UK. 436 mile range 0-60 in 5 seconds £45k full price, fully loaded. No ICE car gets close.
Thanks for the accurate videos and all your hard work.
Great news for the industry! EVs are revolutionizing everything.
Merry Christmas Electric Viking !
Just been on Auto Trader UK and EV’s are more expensive than ICE in the same models
The best EV models , are holding price well , even at Auction
Do the same in China now, which is the country where price parity is starting to happen.
As for the UK, the price difference between EVs and ICE cars is falling. In a few years (and assuming carmakers don't keep EV prices artificially high) there's a pretty good chance EVs will be cheaper than ICE cars.
tax no tax in oz
The clean air Zones in a growing number of cities is going to make them E vehicle only zones .. ICE are just going to get too complex and expensive ...plus the cost of F. Fuels isn't going to get any cheaper and the oil Co's are already converting fuel stations to Charging stations or swap stations.
E vehicles are power source agnostic and cheaper to build.. they require less parts simpler manufacturing.
Na cells are going start displacing Li in most storage /grid situations..
The big shift will be away from those chemistries using rarer metals or expensive synthetic materials.
@@clivestainlesssteelwomble7665 Sodium cells are already starting to displace Lithium in China when it comes to large scale static storage (such as grid storage), with a few big systems already operational.
It's going to take longer outside China because other countries aren't as advanced in Sodium battery tech, and many are blocking imports from - and, in some cases, even partnerships with - China.
But, people in the US don't want EVs.
And, just because they work in LA, doesn't mean they work in rural MN.
There were Americans 100 years ago who didn't want to give up their horses, but most people eventually did.
@mosquitobight That makes my point. They switched as it became economically advantageous, as roads improved, as gas became more available, etc. Not because someone mandated "We have automobiles now, we're going to ban horses to cut the manure footprint". It was a long time before you could get everyplace by road.
I live in the US and I own and love my EV. I am surrounded by others who are the same, and see EVs increasingly everywhere I go. So stop thinking you speak for Americans, because you totally do NOT! What you want in MN is not what we want in MD.
@@curtwuollet2912 But manure, though a problem, was not known to be literally destroying planet earth, either.
@Trashed20659 Neither is CO2.
outstanding content and insight 😮
Have we started thinking of battery disposing process now ?
Sorry to be a doubting Thomas, but I don't think the numbers support your assertion about battery pack replacement becoming more affordable than ICE engine replacement. ICE engine rebuilds are fairly routine and mine is a good example. My Honda Prelude rebuild was a grand total of about $4200. That includes everything. The result was I get at least another 100k miles and by the end of that lifetime EVs will be truly affordable (they mostly are *not* in the US right now). There's no way a battery pack replacement would be less than or equal to $4200 - not for an EV worth having (good range + good charging speed). We may get there eventually, but we're far from that right now. Don't get me wrong I'm quite enthusiastic about the prospect of an affordable EV and will likely end up getting one, but the numbers just aren't going to make sense for a few more years (probably 2030 or so).
Have you looked at engine replacement costs recently? I posted above about this and they are way higher than even current battery costs.
I don't think it will be cheaper to rebuild an ice engine over replacing a battery. 2030 will come pretty quickly as well.
correct. ICE repairs will be cheaper than any battery replace/ repair of cells. For the time being. Time to chase down a few cores & stock up on parts. Pretty sure the gov't will be doing a 'Cash for Clunker Parts/Engines/Transmissions' to force their electron agenda on all of us eventually. Only answer is hoarding.
Keeping a car for 10, 15, 20 years or more is uniquely an American thing. This really doesn't happen much at all in Europe or Asia. If someone has a very old car it's because they bought it 7th hand already very old because they can't afford anything newer or it's a classic.
So it's had a load of previous owners and it's only going to cost them a few hundred or a thousand pounds to buy it. The issue with cars that age is you need suspension rebuilds and all the other mechanical parts get a bit tired too.
Then you have to factor in European cities are now charging people who drive into those cities with older, more polluting cars. They set a standard your car has to pass in regards to pollution output (Euro V or Euro VI) and if your car isn't one that can hit the target, you're paying £x per day to enter the city. It's £12.50 a day in London, for example. In Aberdeen, Scotland, you get a £60 charge for entering a low emission zone in a car that doesn't meet the standards so what use is an old petrol or diesel car that you can't drive into any major city?
Eventually old internal combustion engined cars like this will be banned from all major cities in Europe.
I replaced my 2013 Model S battery pack a couple years ago for about $12k, which indeed is more than $4200 but as I said this was a couple years ago, and my pack is a reconditioned one rather than a new one using cheaper tech. I have no doubt that the price for a pack replacement will drop below $4k. And this is on my 2013 Model S P85+, which was the plaid of the day. The top end car. Replacing a top end ICE is very expensive. There's a video here on youtube of a guy with a $100,000 mercedes that got hydrolocked and it destroyed the engine. The replacement price of the ENGINE was $75k.
Very soon every household will have their own battery system in US, Canada, Australia ...etc,
then the grid will be stable.
Not with the weak Can $ and duties and taxes .
It'll be the one in your garage that you already paid for to drive around. Charge cheap at night, then sell back to the utility if you're not driving. Profit!
Hi Sam, That is great news,,,,,These legacy auto maker's have been ripping us all OFF for decades,,,,,it's payback time fellas 😂😂😂😂😂😂😂
Sorry, Trump will fix that. No EVs for you!
My 2L ford focus is, and has been a fabulous car. When it goes to god, shortly, im going eV with a vengeance. Nothing complex, but simple with no need to do the quarter mile in 15 seconds. Just freeway acceleration for safe entry. SO, HUGE potential market for safe, cheap, simple eV's for economically challenged folks like me that just require transport, not complex cars. A friend's new eV Kia has a 700 page on-line manual. Screen buttons for everything. Fabulous car, but she's overwhelmed and suffering post purchase dissonance.
Sam just because a vehicle manufacturing plant is efficient dosent mean the product is of good quality or reliability. Nissan sunderland uk is efficient. But how many quashquis do u see on the roads after 5 years of manufacture! Hondas toyotas last for years my freind.brand value is not yet justified with the chinese
Honda's and Toyota's used to be good quality that's how they became successful. They are not good quality now, the same happened to the Germans who became most interested in increasing their profit.
I find it perplexing that you use Chinese products everywhere and every day yet you think that they haven't learned how to make cars?
@@paulc6766 the US government will never allow it's auto makers to fail. they will ban imports like toyota hilux. they will never allow any real competition in America, any company that gets to full of themselves will be tariffed into oblivion
Chinese made products
Most of your cars components have been made there for decades. Now without the emmissions laws for gasoline engines china will make almost every car part for Ev's.
Honda, Nissan, Toyota, Mazda, all German brands, GM BMW Volvo, and many more have engines built in China, and have done for many years, It's the same for mainstream Motorcycle manufacturers , so your story is funny when what you are actually establishing is that Chinese built engines are already reliable....There's so much ignorance around Chinese made products....
I agree with you 100%. Wait...that just dropped to 71% for no reason. I love EV batteries.
Brilliant. Same my friend - EVs are a revelation and a revolution. What do you drive?
not sure what are you taking man but i just visit the dealer and the prices on EV are still atrocios ridicoulos expensive
Don't go to a dealer.
Dealers hate them. That's their maintenance business going down the tubes. So they mark them up to 'prove nobody wants them'.
-14C here in Quebec...more range especially in winter and a heater for the cabin that works at -25 and, yeah... be able to move the car at that temperature.
How do you start your diesel trucks over there? Oh, I forgot you plug them to keep the engine warm. You can do the same with the EV. A warm EV doesn't lose the range as much as a cold one, some times doesn't lose any at all.
When companies undercut their competitors so much than the competitors die off, that's good for the consumer in the short term, but will it lead to stagnation in the long run ?
This is BS production is flat to falling, there is an inventory bubble at the moment.
Not according to the various data sets I’ve seen
ICE sales: 📉
All car sales have dipped, but EV has remained stronger than ICE.
If the CCP stops subsidising the car companies, then what? 🤔🤔
Probably a similar effect that would happen ic western governments stop subsidies to fossil fuel companies.
Hehe…. But they won’t because they are the tip of the spear.
lmao copium ? 😂
They dont
Are subsidies worse than CEO's getting paid hilariously large sums of money, jacking up the cost of every car sold for no reason?
Still no help if battery gives up ghost and resale values drop due to uncertainty and replacement cpst
@@carloskleiber8500 My battery is guaranteed for 7 years. Every car I've ever bought has experienced a drop in resale value. What cars are you buying that go up in value? The battery will probably last 15 years. If it's still worth keeping I'll replace it with the latest technology of the day. It will be way cheaper than any ICE engine replacement cost.
But they aren't anymore.. they are failing, in fact the opposite is true, they are proving to be more reliable than ever thought.. and it's not like ice car motors don't break down..
You mean still no help when the ICE gives up the ghost and the car is now effectively scrap metal.
Or the gearbox.
Once an ICE has a few years on it, the cost of such repairs are on often prohibitive.
the problem with all of this is the power grid.....
I hope at the low price, the Lithium batteries made are well-conditioned and formed! Otherwise, I'd run.
iPhones are also assembled in India. most of the high-tech internal parts of the iPhone are made in Western countries. Chip core, gyroscope etc etc
iPhone parts are made in dozens of countries. Based on the company HQ, the parts are mainly made by American, Chinese, Japanese, South Korean, Dutch and Swiss companies. But physically the parts are mainly made in China, Japan, Taiwan and South Korea.
@Liboch yeah kind of what I was getting at just didn't have time to print out a novel on break lol. But they are assembled in India as well
@@ksbrugh9886apart from western companies from America, Netherlands and Switzerland, companies from Japan, China and Japan too make the parts. However most western companies make the components and China and Taiwan.
Assembly of the phone is made in China, India and Brazil. China still assembles about 95% of iPhone.
This also has implications for older EV's too. Say 15-20 years old will be able to get a new possibly bigger replacement battery for maybe only a few thousand dollars making them last even longer. I mean the BMW i3 could last for ever ! at $53/kWh for the i3 that's $2226 or £1775 ! wow just think about that.
and who will build a battery for you ? you don't even know what a pain to work on an EV compare to any ICE car..... I have to dress up like a biohazard guy before even touch the power train..... 1000V PPE all around..... it is many more times sucks than repairing any ICE cars..... and it does not pay more and you are delusional of the price because I will charge extra several grand to give you warranty over the rebuilt battery ( you have to reseal that battery pack to air and water tight ..... )
@@Gabor-y3h You don't sound qualified to me.
It might happen with Tesla and the Nissan Leaf. The i3 is probably marginal. Anything rarer, even Porsches. will probably be throw away junk.
@@Gabor-y3h Just get a junkyard battery and swap it. You can check the life unlike a junkyard engine. There will be plenty of battered, rusted out EVs available with good batteries.
You can get upgraded Leaf batteries that give you more range and active cooling.
Insurance will still be sky-high...
My Model 3 is the same insurance cost as a Toyota Camry, why do I have to keep telling you people that.
@paulc6766 it's probably because of ignorance about the facts, or they are just scared of new technologies.
In the USA, yes. But that's because of the potential injury lawsuits and the high number of uninsured drivers.
The insurance on our R1S Rivian is cheaper than our 2016 Honda Pilot. Don’t comment on something you don’t know.
"Fox News said so!"
Its time to buy nano one stock! One pot from canada. Slides used in this video are from them 👍
Also, replacement batts cost more than refurbished ice engines. I see you did not factor in the cost of the electric motors also, just the batts.
Still not buying one 😂😂 I’m sure some 5 year old down a lithium mine will be happy.
No, they were all stolen from the chocolate or sex trades you dont even know or care about. What rubbish. Sure, world is supplied with lithium by 5 year olds carrying baskets of dirt. Gold is worth more and I never ever hear of child Gold Slavery. Just coal barons spreading garbage to empty minds.
Lithium will not be used sooner or later. Batteries without lithium will though, just the way it is. Times change. I still love the burble of a big v8 - I grew up with it.
@@billhesford6098 I love breathing fresh air, will be so happy when big v8 etc are not polluting and killing us.
@@trythis2821 China has over 1200 coal power stations and building more, don't think it will improve much !
tesla will have the 5 year olds. belt and road countries will have younger workers than that, like robbie over there. he has worked 24/7 since he was commissioned 3 years ago.
Looking forward to getting a powerwall for $63 per kw …….. lol
Better to get an EV instead, with a V2G system. You can make money selling power back to the utility, and drive it besides.
The disruption of horse and carriage occurred when the ICE became cheaper than a horse.
It went from being a niche hobby (hence the term motorist, like it's a private hobby) to the default option over horse and buggy.
You forget the development of the petroleum industry and sources of oil found around the world.
And promotion in the states of a vast road infrastructure system. Ironically, many environmentalists would like us to return to the horse! 🤣
Yeah. People bought ICEs because they were better than horses. EVs are not better than ICEs.
Check out Norway, China, Finland, Sweden, Denmark. The EV sales are growin, which means they are better than ICE vehicles. China overtook Japan as the largest exporter of vehicles in 2023, and Germany in 2022. This is 2024 not 2014, or 2019.
@@Mark-l9k9q But they are. EVs are much simpler mechanically (less parts to break or fail, and they are compact enough most pure blood EVs offer bigger internal space and trunk space for the same size car body), have a better performance curve (faster acceleration), have no exhaust (no odd smells, no chance of killing owners if they run the car in a closed environment), much lower fire risk than an ICE car (and doubly so for modern batteries), silent and vibration-free engines, and you can charge them at home saving big in the process (where I live charging at home is 80% cheaper than fueling a similar size car). The only disadvantages of EVs are battery weight and price (which is disappearing due to improvements in battery tech) and charging infrastructure (which not only is getting fixed, in many cases it don't matter anyway because, differently from an ICE car, you can charge an EV at home).
We have 4 months a year where temps can get below MINUS FOURTY. Good luck with your "E-luck-trick" vehicles here!
7:02 I think you meant Wright's Law instead of Moore's Law but yes I totally agree with the point. Moore's Law is specific to semiconductors, no?
It takes a special level of cognitive dissonance not to see the EV transition that is coming. Thanks Sam for your reports.
Thank you for calling me special!!!! Love my three Triton V10's!!!! They will still be running in 20 years, but where will your EV be consumer?
@@PaulLorenzini-ny2yw My great grandfather told me he was wrong when he said nothing will replace the horse. Its coming, I never thought it would. Still, you have the right to keep that horse and love it.
@@PaulLorenzini-ny2yw It'll still be running with an updated battery pack capable of 1000 miles on a single charge, just getting its first brake shoe change, its second full service and passing through its millionth mile.
@@johncampbell9216
and what fantasy novel are you reading from? cultist greenwashing 101. Might be a transition, but into what? You will not be happy when you're left the bag holder in the end
Ur level is hard to reach. Ev numbers for example in China are fake, well forced, the government is forcing people with perfectly good cars to have them scrapped to buy new EV’s
Not economically or environmentally sustainable
Sam, Shanghai Rose 🤣
He's at it again. He'll say Anything to make Money on YT ... Anything
Yes that's MGUY for you.
He'd even blurt out the truth, as embarrassing it is to the oil industry propagandists.
$1,500 to $115 during very high inflation! Wow. This is like 1990s computer chips.
Cost to replace a battery pack less than an ICE engine? Wow.
What EV would you recoment to purchase In EU?
One that would be driver 100km per day. No performance needs. Just a daily commute to school and work.
a diesel
I’ve just acquired 10 year old 3.0 petrol.
It sounds so nicely I couldn’t tell you
@@burningdieselproduction5498
a 3.0 what?
And what is that I smell????, i think it is BS!
Better than sniffing diesel fumes
@@davidanderson7138 dude has gotten on the clickbait train. The YT algo unfortunately rewards this.
battery pack cheaper than an engine? I would hope so,
battery pack cheaper than an engine and transmission.
Just priced a reconditioned engine for my old Pajero $12,000, a new engine $18,000.
the tesla pack is around 23-24k. That's a good used ICE car with 100,000+ miles left to go. The battery array is the dirty secret of 'lectric cars. There's no way to make them economical without going hybrid technology. Then they almost work out. i.e. Prius. An econobox with zero performance. And that battery is $5,500. currently. That buys a lot of gasoline.
@@timewa851 Don't look at spare parts price, 500% markup.
ua-cam.com/video/K8Nz-4eEBTw/v-deo.html
Everybody realises the Chinese endgame which is why 2025 will be the Chinese Year of the Tariff.
I highly doubt that American labor unions would agree to workers earning $3 per hour.
Or that American buyers would take on a 30-year mortgage to buy an ICE car.
Nice figures, but what does that do with the depreciation of EV's? And is it relevant? How many times do insurance compagnies replace ICE engines? Replacing a battery is not the same as replacing a battery and an electric engine.
Ye Id like to see that - you need electricity to charge them in South Africa and Zimbabwe - you need your own diesel generator to drive your Tesla.. in Oz you can't afford the electricity.