i cant wait until we can have these cars in the US. looks like I'm going to be pretty geriatric by that time but it's absolutely stupid how many ICE cars are still all over the place at this point
BYD is seeing a flood of new EV buyers
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Re: BYD is seeing a flood of new EV buyers
#92It's funny to see these gas prices spike as companies are announcing they're killing their EV models here in the US.
The problem with many of these EVs is that they were way too expensive. The main reason companies were producing them is due to regulatory requirements and how emissions standards are calculated, not necessarily because wanted to sell these EVs. What we really need are incentives for companies to build more affordable EVs. California could play a role here, but given the strong opinions we have about Elon Musk, nothi…
Or just allow Chinese EVs without tariffs.
Would be incredible for US auto consumers.
But might put some of our automakers out of business.
Re: BYD is seeing a flood of new EV buyers
#93> While Asia, particularly Southeast Asian countries like Thailand and the Philippines, has higher EV adoption rates than those of the US and Europe, at around 40%, they are still hit hard by rising oil prices. That figure is highly misleading. Yes, 48% of new vehicle sales in Thailand are now EVs, but their share of total vehicles on the road is much smaller: I can't find recent figures, but it'll be far less than 1…
For a car manufacturer, aren't new sales what matters? BYD isn't selling used cars.
Re: BYD is seeing a flood of new EV buyers
#94Earlier quoted context omitted.
> Gas prices have been "sky high" for a week and people who are under financial stress just decided to ditch their cars and buy a brand new BYD? Are we children now? listening bedtime stories? Have you actually seen the news and the situation? Gas prices will continue to rise and will stay high for at least 3-5 years, given the damaged infrastructure and how long it will take to rebuild. And that's if nothing else ha…
> Have you actually seen the news and the situation? Have you seen what's happened to wholesale power market prices? Have you seen that BYD's care sales in 2026 are down y/y? Trusting anecdotal hype from BYD salesmen and a renewables blog isn't sensible.
I wasn't talking about BYD in particular, nor referencing any numbers or quotes from the blog. I was responding to the above comment mocking/doubting people's decisions about EV purchases and showing how that contrasts with the current macro situation
Feel free to expand on the wholesale power market prices you are referring to though, not sure what your take is
Re: BYD is seeing a flood of new EV buyers
#95If your time horizon is long enough, the best possible investment thesis is to assume that climate change is real and the energy transition is inevitable.
I’ve worked in clean energy software and hardware since 2014. I’m currently looking for a new position, and recently some research firms came out of the woodwork offering to pay me a high consulting rate just to better understand the market. I wasn’t even looking for this, they just came to me. All they said was “interest in this area is increasing.”
P.S., if you’re looking for someone with deep domain knowledge and senior-level engineering skills for your clean energy project, I’m available. https://matthewgerring.com
Re: BYD is seeing a flood of new EV buyers
#96How much many more wars over gas or oil do we need to finally just take the energy that (for the most part) is available locally and renewable?! The petrol era is coming to an end. Our current administration might desperately want to remain a petrol state (for reasons that escape me), but it will only delay the inevitable. The EU is not much better either. The writing has been on the wall, and even since the Russian…
We are clinging desperately to our horses and buggies.
Re: BYD is seeing a flood of new EV buyers
#97Guys I own a BYD and love it, but oil prices have risen in the past, like, two days. Perhaps the headline is a bit sensationalized?
Re: BYD is seeing a flood of new EV buyers
#98If one removed the country names and just looked at where investment (focus, planning, and money) was, we would see two greatly different pictures. One country is disincentivizing or even blocking renewable energy production, rolling back climate protection measures, trying to revitalize the coal industry, slashing investment in scientific research of all kinds, demonizing higher education, and spending vast and rapi…
> in two decades While I agree with your overall point, I'm reminded of "the market can stay irrational longer than you can stay solvent" here. The US is a huge economy with a massive military infrastructure. I don't think it's fading to fallen empire status that quickly.
When the only question is how precipitous the empire's fall will be, it's not looking good, regardless.
Re: BYD is seeing a flood of new EV buyers
#99Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.
Well the USA is a net exporter of all oil products since 2019, this will probably make some people very rich and has the potential to be good for parts of the us energy sector. The west coast is the only part that relies on middle eastern oil. And a spike in prices will just get them in line and connected to the rest of the shale powered system. I don’t like any of this, but I think the doom and gloom lies elsewhere.
> this will probably make some people very rich
yes
> has the potential to be good for parts of the us energy sector.
No way this is good for anyone other than oil producers. The only potential positive it'll have on the US energy and shipping sectors is this is going to put even more pressure on adopting renewables as fossil fuel cost spikes.
Re: BYD is seeing a flood of new EV buyers
#100I finally put my money where my mouth is and bought a PHEV. In the past month I've done all my errands around town exclusively on battery power (30-40 miles per charge) from a home L1 charger. I know EV purists will complain about the complexity of maintaining the gas engine, but this hits the perfect sweet spot for me - it doesn't weigh a million tons, it cost under 40k new, and the one weekend a month when I need t…
I own both a PHEV and EV. I really don't like driving the PHEV because the performance goes to crap at 40 miles when the gas motor kicks in. Once you are in ICE mode you are driving a loud poorly performing car. In rural areas I think PHEVs are fine.