Comments by "Engineering the weird guy" (@engineeringtheweirdguy2103) on "The Electric Viking"
channel.
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True but also not true. The customer wants an EV. They don’t want THEYRE EV’s. Simply because they aren’t competitive. Tesla has been making EV’s for the last 10 years. They also have a drastically different business model which has allowed them to have the highest profit margin on any car sold on the market today. So they can and have been cutting prices to stay competitive. The way they’ve manage that is they build their own car from the ground up. And the support network with it. Like the Tesla super charger network.
That means every part in a Tesla is made by Tesla for Tesla. The programming, infotainment system, sound system. Motors. Seats, interior. Etc. Legacy automakers outsource that. They get someone else to design the infotainment system, and someone else to program it, someone else to build the engine, and someone else to design the interior and someone else to make the seats. They just assemble it. What that means is a lot of middle men taking a cut.
Couple that with the fact that legacy automakers not only aren’t set up to make EV’s and don’t have the 10 years experience of making and perfecting EV’s, means not only do they produce a product that can’t compete with Tesla’s they’re also needing to charge more for it. So you pay a lot more to get a lot less. Not only that but legacy automakers sell exclusively through dealerships which charge a markup on the cars to make bank. Tesla sells direct toy the customer.
So naturally consumers don’t want to pay a heap more to get a lot less. Where good EV’s have been dropped at a good price point, consumers have jumped on it. That’s why the Tesla model Y is the best selling new car globally in 2023.
Which is why cars like Mercedes EV offering, the EQ, isn’t selling. Because even if the EQ was at the same price point of a similar sized tesla, it wouldn’t be competitive. It would have the range, performance, software advancements or charging infrastructure and network that the tesla has. But Mercedes is asking for an extra $150k for it. Plus another $12k for the dealer. And then wonder why it isn’t selling?
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You do know that
1.) range anxiety is widely reported almost exclusively amongst people who have never lived with an EV. And less amongst those who do.
2.) the Tesla model 3 has the lowest 5 year depreciation of any car in the market today.
3.) in almost every country EV’s are cheaper to insure than equivalent ICE cars if you find the right insurer, it appears to be only uniquely a UK problem, which insurers have explained is due to the trouble and cost of importing spare parts into the UK. Because of barriers put in place after Brexit.
4.) every insurer and regulatory body has agreed that EV’s are 20-60 times less likely to catch fire than ICE cars. Infact in Norway, nearly 90% of all cars on the road are EV’s but despite EV’s outnumbering ICE’s 9 to 1 in Norway, ICE’s remain the leading cause of car fires in Norway. So no, not a fire risk.
5.) EV batteries are 96% recyclable and there are many many plants set up all over the globe that will buy and recycle your EV battery. Infact the largest EV producer in the world, Tesla, states on their website that they will recycle all their own batteries. And they do if you use their buy back system.
6.) ironically, hybrids are more likely to catch fire than ICE or EV’s. They are also shorter lived than ICE or EV’s, and produce more emissions and cost more to make and run than an EV and have lower crash safety than an EV or ICE. They are truely the worst of both worlds, apart from using less fuel per mile than an ICE.
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So many incorrect statements here. Where to begin?
-EV sales show no sign of flat lining so far
- according to vehicle safety regulators AND insurance companies doing their own independent studies, EV’s are between 20-50 times less likely to catch fire than an ICE car. Even while parked.
- Modern EV batteries last twice the average lifespan of an ICE engine. The warranties reflect this, with the current industry standard EV battery warranty being nearly 10 years whilst the industry standard Engine warranty is only 5 years.
- charging network in the vast majority of places can keep up just fine. Most have excess capacity, and have been increasing in capacity, even to this day. Also keep in mind EV’s typically charge at night when demand is at its lowest. And at the rate of grid expansions vs EV adoption, there is more than enough time for the grid to keep up.
- you can pick up a Tesla model 3, BMW’s M3’s main market competitor in size, performance, handling and luxury, for less than a ford bronco, BEFORE incentives. Ford broncos don’t strike me as a “toy for the rich” or ultra wealthy. Perhaps that’s why the best selling car globally in 2023 is the Tesla Model Y. Because it certainly isn’t because it’s a rich persons toy.
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