I don’t disagree with any of this. The part about this not being an ”organic” change is what disappoints me.
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The Real Costs of Electric Car Ownership - CNET
- Thread starter bwframe
- Start date
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The average driver does not drive anywhere near 25K miles a year. I only did when I drove 56 miles each way for work four to five days a week.
It is more around 15K.
EVs don't seem to be designed to be long term purchases, but rather more geared towards people that change cars fairly regularly.
It is more around 15K.
EVs don't seem to be designed to be long term purchases, but rather more geared towards people that change cars fairly regularly.
Are you kidding. Hell, until recently I put ~30K a year. I used to think everyone did.
And then came covid and lockdowns and remote work. Now, it took almost 4 years to put 30K on my truck. Even now we don’t go out a lot.
My wife used to put about 500 miles/month when she had to drive to Bloomington everyday. Remote work has saved us more gas than any EV would have.Are you kidding. Hell, until recently I put ~30K a year. I used to think everyone did.
Not kidding.Are you kidding. Hell, until recently I put ~30K a year. I used to think everyone did.
I used to drive over 30K a year when I drove to Chicago five days a week. Now WFH 100%, it is under 2K.
Does it cost more to insure an electric car?
More drivers are taking the “plug and go” route with their vehicles. But how does that move impact auto insurance?
I recently read that difficulty sourcing materials, especially rare earth metals, was leading back to lower tech in batteries in the industry, reduced range, but also much cheaper.
Tesla is not the industry, they are the flashy player.
Oh no!
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a "circular economy."
www.reuters.com
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a "circular economy."
Insight: Scratched EV battery? Your insurer may have to junk the whole car
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
EV batteries lack reparability leading some insurers to junk whole cars after even minor collisions
EV batteries lack repairability leading some insurers to junk whole cars after even minor collisions
Some insurers are forced to scrap whole electric vehicles if their batteries are scratched or slightly damaged as they lack repairability and cost as much as 50% of the total vehicle.www.foxbusiness.com
Great news, if you like this thread there is a whole page you may have missed? Just kidding.Oh no!
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a "circular economy."
Insight: Scratched EV battery? Your insurer may have to junk the whole car
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric.
I really don't see any "gain" for the consumer in battery operated cars, the tech will make money for the chinese and local players with connections as long as the government continues to pour money into it. Much like other green scams, most everything will come to a halt when the subsidies stop. I am hopeful that tool batteries will continue, if there is one bright light to the battery revolution it's here in my opinion.
Great news, if you like this thread there is a whole page you may have missed? Just kidding.
Yup. Expensive cars that have to be replaced twice as often.
That will save the environment.
Yup.
Sure.
That will save the environment.
Yup.
Sure.
Not ESG-Friendly: Insurers Junk Entire EVs For Minor Accidents | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Many automotive manufacturers, including Tesla, have made battery packs a structural part of the car to reduce cost products but have shifted costs to consumers and insurers when batteries need to be replaced.
Unless carmakers produce more easily repairable battery packs, there will be a growing number of low-mileage EVs scrapped after collisions.
Sandy Munro, head of Michigan-based Munro & Associates, which analyzes vehicles and advises automakers on how to improve them, said the Model Y battery pack has "zero repairability."
Those aren't electric cars. Looks like the saltwater actually shorted batteries for ICE engines which caused the fires.
I understand there likely were a few hybrids,but no pure electrics. It was humor.
I could post a couple of the Tesla fires in Florida after the hurricane last year(4 happened) if you like?
kicks can. I was just having fun.
Apparently losing 3 billion is the cost of trying to build them quickly. This is just so far in 2023,not total losses for Ford.
www.bloomberg.com
Ford Sees Electric-Vehicle Losses Growing to $3 Billion in 2023
Ford Motor Co. predicts losses in its electric vehicle business will grow to $3 billion this year as it spends big on new models and factories. The deficit matches its accumulated EV losses over the past two years.
www.bloomberg.com
Looks like that includes them having to build all new plants to build them.Apparently losing 3 billion is the cost of trying to build them quickly. This is just so far in 2023,not total losses for Ford.
Ford Sees Electric-Vehicle Losses Growing to $3 Billion in 2023
Ford Motor Co. predicts losses in its electric vehicle business will grow to $3 billion this year as it spends big on new models and factories. The deficit matches its accumulated EV losses over the past two years.
