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BYD is seeing a flood of new EV buyers

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Re: BYD is seeing a flood of new EV buyers

#121

Post by fpoling »

nico wrote: post #33
PedroBatista wrote: post #10

I'm sorry to be that guy, but can we reintroduce a good dose of skepticism in our mental diets? BYD was already selling a ton of cars when the oil prices were "low", of course there's some very creative accounting business moves you would expect from a Chinese company like BYD ( companies from other places have their own peculiarities too ). Gas prices have been "sky high" for a week and people who are under financia…

> 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…

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.

Re: BYD is seeing a flood of new EV buyers

#122

Post by Pxtl »

cogman10 wrote: post #89
paxys wrote: 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.

> Markets are now forecasting oil prices will stay above $100 a barrel for multiple years It'll never go below $100 a barrel. It went bellow $100 a barrel for the last few years because as US shale processing came online, opec decided to also keep production high which cut oil prices from $100/barrel to ~$50/barrel where it's roughly stayed for the last decade. There's not another "new way to extract oil for cheap" t…

I think that's the important distinction.

> Israel and Iran are both destroying oil extraction and processing facilities in the gulf region

This isn't like Katrina where oil infrastructure was being temporarily evacuated, shut down, and taking some water and wind damage.

The oil infrastructure is being blown to smithereens. And not just pumps that are sucking oil out of a hole in the ground. Refineries. Big expensive factories that process oil. Stuff we don't even bother to build in progressive parts of the world because the combination of environmental regulations and concerns about climate change mean it's possible they'll never pay off their massive construction costs.

Re: BYD is seeing a flood of new EV buyers

#123

Post by macintux »

mikestew wrote: post #117
macintux wrote: post #79

Earlier quoted context omitted.

I'd be more interested in EVs if they didn't come with significant privacy and complexity trade-offs. I don't want a door handle that can't open in an emergency. I don't want my vehicle constantly phoning home to the mothership (sadly I have to deal with that today, I really need to go disable that functionality). I certainly don't want a touchscreen through which all controls are routed. I have a 20-year-old Jeep wi…

I'd be more interested in EVs if they didn't come with significant privacy and complexity trade-offs. You're going to be really disappointed when you go to look at new ICE vehicles. This "EVs are a privacy nightmare!" trope needs to die, all cars do that now. I don't want a door handle that can't open in an emergency. Only one car manufacturer to my knowledge has that problem, just don't buy one of those. Again, noth…

I understand modern vehicles are like that, hence my complaint about my current one.

But, by definition, most EVs are modern. That's not true of ICE vehicles, hence the tradeoffs.

Re: BYD is seeing a flood of new EV buyers

#124

Post by seanmcdirmid »

triceratops wrote: post #56
bluGill wrote: 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…

> A car's ownership costs are dominated by fuel and depreciation (which is a proxy for repairs and maintenance - brake pads, oil changes etc).

Only in the USA. In the rest of the world, taxes and parking fees are also significant. Americans are really spoiled when it comes to low car ownership costs.

Re: BYD is seeing a flood of new EV buyers

#125

Post by linkregister »

decimalenough wrote: post #28
toomuchtodo wrote: post #8

Earlier quoted context omitted.

New sales are the leading indicator to total fleet composition turnover. As oil prices stay high into the future, and monthly sales of EVs continues to increase, it speeds fleet turnover from combustion to EVs. Ember Energy: ASEAN emerges as a new leader in global EV adoption - https://ember-energy.org/latest-updates/asean-emerges-as-a-n... - December 16th, 2025 You can see how this looks over a longer term using Nor…

So much data, but they're missing the total share of EVs on the road, and on that figure Norway is still only a third of the way to 100%: https://ourworldindata.org/data-insights/one-third-of-cars-o... And Norway is a "best case" as a wealthy country where people turn over their cars pretty quickly. The Philippines is at the opposite end of the spectrum.

It's not rational to expect owners to discard equipment long before the end of its service life, especially when the operational costs are not an order of magnitude lower.

Without time travel or CCCP circa 1955 property controls, a 100% EV ownership benchmark is unreasonable.

Re: BYD is seeing a flood of new EV buyers

#126

Post by mikestew »

jimbokun wrote: post #101
mikestew wrote: post #66

Earlier quoted context omitted.

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.

I was thinking more of EU, since BYD won't be selling cars in the US anytime soon, but you make an excellent point that maybe BYD wasn't thinking outside of China for at least the short term.

Re: BYD is seeing a flood of new EV buyers

#127

Post by crooked-v »

linuxhansl wrote: post #64

How 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…

> 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.

Re: BYD is seeing a flood of new EV buyers

#128

Post by phil21 »

toomuchtodo wrote: post #26
ericjmorey wrote: post #23

Earlier quoted context omitted.

Who is this a problem for?

People taking action against climate change and CO2 emissions. Policymakers, etc. You wouldn't want to subsidize PHEVs in any fashion if they weren't contributing to the targeted outcome of reduced CO2 emissions or fossil fuel consumption.

PHEVs when bought by informed consumers making a financial decision still pencil out just fine here.

It’s the silly regulatory games played by manufacturers and regulators that cause stuff like a hybrid cayenne or 6000lb BMW M5 Touring to exist when neither the buyers or manufacturers want them to exist to begin with.

These things are not remotely in the same actual category even though on paper they might be. They exist for entirely different reasons, one is market based and one is regulatory workarounds and gamesmanship.

Re: BYD is seeing a flood of new EV buyers

#129

Post by mrtksn »

michaelteter wrote: post #58

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…

US has fossil energy and its actually on the front lines in innovation including green energy, so it will probably be fine. IMHO the main risk would be whatever hapen to the Japanese mobile phone industry happening to US. That is, US will probably end up developing lots of very cool US specific tech that people will talk about how impressive it is but no one will be interested in actually buying it because everyone else will have moved on.
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