91–100 of 919 posts
I live in a top EV market, Norway. ICE cars have been planned out for years now, and something like 96% of all new cars in Norway were EV last year. Basically, if you plan on keeping selling ICE cars, you're removing yourself from the market here. There's no future for new personal ICE cars here. I figure most other countries will be the same.
I live in a top EV market, Norway. ICE cars have been planned out for years now, and something like 96% of all new cars in Norway were EV last year. Basically, if you plan on keeping selling ICE cars, you're removing yourself from the market here. There's no future for new personal ICE cars here. I figure most other countries will be the same.
It is the top EV market.
> I figure most other countries will be the same.
Most other countries are not Norway, it is a very wealthy, tiny market (150 K vehicles/year) with lots of hydro and not representative of the typical vehicle market in Western Europe and definitely not representative of the situation in the rest of the world.
EVs are the future, there is no doubt about that. But that future will not arrive everywhere at the same point in time and Norway is very far ahead of the rest of the world due to a fairly unique set of circumstances: exporting your own oil and gas to be able to have a 'clean' (and up to recently heavily subsidized) transportation network is in a way just a gigantic bookkeeping trick.
I live in a top EV market, Norway. ICE cars have been planned out for years now, and something like 96% of all new cars in Norway were EV last year. Basically, if you plan on keeping selling ICE cars, you're removing yourself from the market here. There's no future for new personal ICE cars here. I figure most other countries will be the same.
I'm convinced that the Japanese government is terrified of EVs because all the small and medium-sized businesses which support the Japanese auto industry will be absolutely gutted when vehicles contain drastically fewer parts. That, and Japan is deeply screwed if they go all-in on EVs and then China decides they shouldn't be allowed access to any more rare earths.
But isn't Japan deeply screwed if they can't drastically cut their dependence on oil imports?
This doesn't mention motorcycles > For the fiscal year ended March 31, 2025 (FY2025), motorcycles accounted for about 17% of total revenue, while cars made up around 65%. I wonder what the plan is for motorcycles, where in much of Asia cars aren't really viable and there are no real competitors to Honda engine bikes.
Well, they just launched the Honda WN-7. It seems to be a commuter and fun bike. It has a limited range, so it's not a touring motorcycle but it does have fast-charging. I watched the reviews on YouTube, and they're all quite favorable.
Do people really want "software defined vehicles"? People keep repeating how Tesla keeps upgrading their software, but I don't really want my car to change every time I step into it. The person I know who loves FSD has soured on updates since the last one changed how the car handles simple things like intersections, and it's added a lot more stress. Cars should be appliances, boring and reliable, not something to ama…
My driving experience/controls has not changed since I bought it 18 months ago. They added an option for Grok which I don’t use, and the FSD is much better now. And enabled adaptive headlights.
>The person I know who loves FSD has soured on updates since the last one changed how the car handles simple things like intersections, and it's added a lot more stress.
The most recent FSD update made me recommend a model 3 or Y to my parents.
I live in a top EV market, Norway. ICE cars have been planned out for years now, and something like 96% of all new cars in Norway were EV last year. Basically, if you plan on keeping selling ICE cars, you're removing yourself from the market here. There's no future for new personal ICE cars here. I figure most other countries will be the same.
I would also say that any ICE vehicle that has 0 subscription models, upgradable firmware, tracking software will probably have a value premium to it in the not distant future.
FWIW downvoters - I have a PHEV - but I live in the real world and a likely future!
I'm convinced that the Japanese government is terrified of EVs because all the small and medium-sized businesses which support the Japanese auto industry will be absolutely gutted when vehicles contain drastically fewer parts. That, and Japan is deeply screwed if they go all-in on EVs and then China decides they shouldn't be allowed access to any more rare earths.
Ford: It recorded a loss of $1.2 billion in EBIT in the third quarter on its EVs, bringing its losses on the segment for the first three quarters of 2024 to $3.7 billion
Honda: Honda to Write Off $15.7 Billion as EV Winter Arrives.
https://www.reuters.com/business/autos-transportation/ford-r...
https://www.barrons.com/articles/gm-stock-general-motors-inv...
https://www.barrons.com/articles/honda-to-write-off-15-7-bil...
Earlier quoted context omitted.
> China decides they shouldn't be allowed access to any more rare earths This is a common misunderstanding. There are plenty of alternative locations to mine rare earth minerals, particularly Australia. China cornered the market because it's a high pollution low margin business. If geopolitical concerns cut off access to Chinese sources, alternatives will be developed.
Mining isn't the only bottleneck with rare earths. There also the processing, which is an industry China has monopolized through sustained investments over decades. They have also improved processing efficiency through investments in technology. It's going to take a while for anyone else to catch up.
I don't think this is the right way to characterize it. China invested when other countries didn't, but they didn't monopolize the market, they have no moat beyond expertise and some tech advancement that could be replicated easily enough. The only moat they have is related perseverance and other countries simply not wanting to put the work in.
Ironically, Trump attacking Iran and closing the Strait is a boon to China and EV makers. Once the car is produced, aside from lubricants, it’s completely independent of oil. Heck you can put panels on your rooftop and slow charge it during the day.
Car tires are made with synthetic rubber, which is made from oil.