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BYD is seeing a flood of new EV buyers

electrek.co

101–110 of 308 posts

Re: BYD is seeing a flood of new EV buyers

#101

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…

I imagine in China they will be able to build out a network of those much much faster than would be possible here in the USA.

Re: BYD is seeing a flood of new EV buyers

#102

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…

> 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.

It is fading though, we are only arguing about the magnitude of its velocity and acceleration at this point.

Re: BYD is seeing a flood of new EV buyers

#103
post #80

Earlier 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.

Interesting. I occasionally rent EVs in Western Europe, and they just come with a single RFID card which seems to be accepted by all charging providers.

Re: BYD is seeing a flood of new EV buyers

#104
post #61

It’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.

The trend has existed especially outside the US for several years now, this is just an acceleration of that trend.

Re: BYD is seeing a flood of new EV buyers

#105
post #98

Earlier 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.

That is always the only question.

Re: BYD is seeing a flood of new EV buyers

#106

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…

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.

If anyone from Ford reads HN: What's keeping me from a Ford Maverick truck is waiting for the PHEV version.

Re: BYD is seeing a flood of new EV buyers

#107

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…

I'd say it's a closer race and the end is not a foregone conclusion yet. That one country currently exhibiting some very troubling tendencies also has more robust self-healing mechanisms in the form of democracy. It has gone off course in the past too but then found its way back. That said, those self-healing mechanisms are under attack as well so there is at least some suspense in the long term outcome

Re: BYD is seeing a flood of new EV buyers

#108
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.

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.

Secure all the oil of one country, while bombing another so prices rise dramatically. Make everyone pay higher prices while they dramatically speed up their move away from oil (buying all the equipment from your biggest enemy) and hate you in the process.

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

#109

Earlier 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.

Well then that's good for the US renewable energy sector, no?

Re: BYD is seeing a flood of new EV buyers

#110
~4 years ago my wife and I planned on buying one EV and one ICE car purely as a hedge on both. We bought the EV first. After ~1mo of driving it we changed our plans and went for 2 EVs. Even driving long distance (we've made a ~3hr drive around every 10 days for the last 4 years), the convenience factor of EVs has outweighed gas. That doubled once we got solar - there's just something magical about having the operating cost of your vehicle be near zero. Even maintenance is significantly less for the EV. I will never buy a gas car again - it feels like switching from a platter hard drive to a SSD, once you make the switch it's very hard to go back.
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