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BYD is seeing a flood of new EV buyers

electrek.co

201–210 of 308 posts

Re: BYD is seeing a flood of new EV buyers

#201
post #155

Earlier quoted context omitted.

> for reasons that escape me The reasons are simple: liberals want renewable energy, therefore renewable energy is bad and must be destroyed. It's oppositional defiant disorder on a cultural scale.

No- it’s just that people want choice, and not have to pay for tax credits (via lost government tax revenue)

Seems current admin wants less choice. No imports of EVs from countries that do it better and no support for local EV makers.

As for tax credits, sure, push policy requires spending. But then this admin has spent approximately 100B trying to reduce spending and instead increased spending, so this seems like penny-wise pound foolish

Re: BYD is seeing a flood of new EV buyers

#202

I 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…

The problem with PHEVs is the data shows that, at scale, consumers typically use them in ICE mode vs EV mode. Its great it works for you, and hopefully BEVs kill the need for PHEVs in the next few years as the technology continues to rapidly improve around charge rate ( Plug-in hybrids use three times more fuel than manufacturers claim, analysis finds - https://www.theguardian.com/environment/2026/feb/18/plug-in-...…

Depends very much on the PHEV. Some are still more efficient even in mild hybrid mode. We have a Niro PHEV and it needs 4.5-5l/100km when the battery is "empty" (20% charge). We looked at Sportage and 3008 PHEVs and they were more like 7-8l/100km after the battery is empty.

Re: BYD is seeing a flood of new EV buyers

#203

Earlier quoted context omitted.

For what it's worth, I feel like it's perfectly logical to make any current new car purchase choices taking into account the US history of Middle East forever wars and that the Strait of Hormuz will probably be a deathtrap for years at this point.

Sounds like a belief that you can easily profit from in the markets. Are you putting your money where your mouth is or do you just want to believe that so you can feel smug about your beliefs, independent of reality?

My investments already had a focus towards green energy instead of fossil fuels well before the US war on Iran. Why would I need to "feel smug" about somebody's choice of car purchase?

Re: BYD is seeing a flood of new EV buyers

#204
post #150

Earlier quoted context omitted.

I thought the same thing. Incredibly short term thinking at the corporate and government level to flip flop. Meanwhile Norway is now 97% EV sales and covered in chargers north to south. Not to mention China's fierce EV market domestically.

Norway is an exceptionally rich country due to oil with huge incentives towards EVs. Don’t extrapolate

It also has the population on the order of Queens and Brooklyn put together. Singapore, the micro island city state, has a larger population.

Re: BYD is seeing a flood of new EV buyers

#205

If 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…

China is one of the top producers of CO2? They also keep building new coal plants faster than anyone

Energy doesn't appear immaculately from the heavens. You need to spend a lot of conventional fossil fuel to be able to make renewables

Re: BYD is seeing a flood of new EV buyers

#206
post #31

Genius 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.

War with Iran was inevitable - either US/Israel starts it or Iran starts it - when they get the upper hand. And that war was bound to disrupt oil supply. Don't forget their goal is death to America and Death to Israel. That's what they've been arming themselves for for decades. That's what they're trying to build nuclear bombs for. They had to be stopped eventually and that was always going to be uncomfortable for wh…

I assume this is an infuriatingly subtle parody, because:

> Why can't you just celebrate this good thing?

reads like /s .

Re: BYD is seeing a flood of new EV buyers

#207
post #38

Earlier quoted context omitted.

You have to insure each, pay license and taxes... most also need a parking spot.

A car's ownership costs are dominated by fuel and depreciation (which is a proxy for repairs and maintenance - brake pads, oil changes etc). You're probably going to come out ahead of the fixed costs of licensing, insurance, and registration on gasoline savings alone. The parking spot may or may not be an issue. If you can charge an EV at home, you likely have a garage or driveway. If not, then sure this doesn't appl…

it depends, but for the average driver who in the US is doing about 14000 miles per year the savings will be less than $200/month. that barely covers insurance and taxes leaving little for the rest.

Re: BYD is seeing a flood of new EV buyers

#208
post #27

Earlier quoted context omitted.

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.

There is no world in which this would happen, because the auto industry holds up so much secondary and tertiary domestic manufacturing (most of which use China at the bottom anyway).

Re: BYD is seeing a flood of new EV buyers

#210
post #134

Earlier quoted context omitted.

Russia has been recovering from Ukrainian drone strikes again oil industries within months. And Ukraine inflicted much serious damage than Iran on Gulf states. Drones with 100-150kg just not capable of inflicting hard to recover damage. What they are good is striking repeatedly. But judging by numbers Iran is not capable any longer of sustained stacks with hundreds of drones per day.

Very interesting take. Not sure about the comparisons though: 1) Russia is a huge powerhouse that can do a lot on its own, I don't think Gulf states have the same capability to recover (at least that's what energy analysts are saying), 2) The US claimed they had completely maimed Iran in the first few days of the war, saying they had fully destroyed their navy and their missile launching capabilities. However, that c…

The same analysts predicted that it would take years for Russia to recover from the strikes. And Russia is no longer a powerhouse. They gets most of their equipment from China including the oil and gas industries.

As for Iran just count the number of drones it uses per day. They started from hundreds but now it is below 50.

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