BYD are about to launch an EV that charges from 10 to 70% in 5 minutes. As much as I recoil at a brand called "Build Your Dreams", that is quite compelling. https://www.byd.com/us/news-list/DENZA-Z9GT-to-start-Europes...
See those big T-shaped things in the picture? Those are the charging stations that BYD (or someone) is going to need to build to see those charging speeds. I'm not saying it can't be done, but as one with an 800V Hyundai that has theoretical charging speed of 350kW, don't expect to just plug in at Electrify America and be done in 5 minutes. (Because the highest I've seen on the Hyundai was 243kW, and I've seen that o…
BYD is seeing a flood of new EV buyers
101–110 of 308 posts
Re: BYD is seeing a flood of new EV buyers
#102If 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.
Re: BYD is seeing a flood of new EV buyers
#103Earlier quoted context omitted.
Rental cars as EVs are pretty much the worst possible case. We are at the transition where we don't have chargers everywhere, but we will soon because chargers are way cheaper than a gas station. Also rentals tend to be driven for longer trips, and for uncertain distances! And on top of it all rental companies tend to not give people any choice, education, or help with the EV. I wouldn't bother with a PHEV for a vehi…
I'm in Western Europe and while there are chargers everywhere, you need hundred apps to register to charge, some slots are broken (empty yet show busy), some refuse to charge my PHEV... we're not there yet.
Re: BYD is seeing a flood of new EV buyers
#104It’s been a month. Not long enough for a trend. Every time gas prices spike these celebratory pieces come out and then when gas prices drop at the end the consumer markets revealed preferences are made bare again. Let’s find out if this can sustain for more than a year after gas prices drop.
Re: BYD is seeing a flood of new EV buyers
#105Earlier quoted context omitted.
> 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
#106I 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…
PHEV is the absolute way to go. Next car is 100% going to be this. I rented two EV's and had serious stress about charging in locations I wasn't familiar with. All the different plug types and speeds was also not helpful. PHEV is a great gateway into full EV.
Re: BYD is seeing a flood of new EV buyers
#107If 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…
Re: BYD is seeing a flood of new EV buyers
#108Genius 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.
It IS a great strategy if you're an oligarchy or you've quasi-annexed an oil rich central American country. Just sucks for us peasants.
It truly is a great strategy if you want to make a quick buck now before you become irrelevant in five years.
Re: BYD is seeing a flood of new EV buyers
#109Earlier quoted context omitted.
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.