no one is willing to admit the EV tech isn't just there yet to fully replace gas powered cars?
98% of new car sales in Norway are EV at this point. How do you admit something that is not true?
Western carmakers' retreat from electric risks dooming them to irrelevance
161–170 of 370 posts
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#162Earlier quoted context omitted.
A wealthy nation with a small population that has plenty of money to update their infrastructure is not comparable to upgrading the grid and converting the fleet of 250M cars in the US, which is a mess of 50 states who spend varying amounts of money on their infrastructure. The US grid is already stressed by all these new data centers, where is the power to send 10kW of power minimum to tens to hundreds of millions o…
If they could find the power for the data centers, why can’t we find it for EVs?
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#163Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#164Earlier quoted context omitted.
So essentially western government intervention in the economy is the only way and every company is behaving rationally by retreating until the government steps in and makes the long term math make sense for them.
We have learned from China. And?
So now what?
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#165Earlier quoted context omitted.
There are plenty of countries that lack domestic automotive production that are very OK using Chinese EVs. Nepal for example, is all in in Chinese EVs now since it’s people couldn’t afford much gas or ICEs before, and with some hydro investments (also aided by China), they can now better afford to buy (cheap Chinese EVs) and drive cars (cheap hydro). There are a hundred nepals out there that the western and Japanese…
There's nothing wrong with Chinese EVs (or any EVs) going to Nepal or something. China is closer, it's a tough country to get to, makes sense that China (or India perhaps) would be their primary supplier.
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#166Earlier quoted context omitted.
Sure if $37k is a lot for a car I’ll agree with you. Then I think Tesla is now just joining Rivian and Lucid by being too expensive. The infrastructure would be besides the point then because you don’t care about that if you can’t even afford the car.
> Sure if $37k is a lot for a car 37k with 20% down payment means you borrow $29k at say, a 4.79% interest rate for 60 months so... $556/month. I know we're on HN with high salaried tech workers but c'mon, that's a lot of money and doesn't even include insurance. That and their base model 3 is RWD which makes it a non-starter for anyone who drives in snow/ice. The AWD model starts at $47k.
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#167Earlier quoted context omitted.
By limiting imports and offering alternatives in home. Also, the myths about reliability ads a lot.
I really struggle with this model of protectionism. It has rarely worked in history, and when it did, it only did so for very short specific time frames intended to kickstart a sector, never to protect it in its mature state. Examples are south korean and japanese post ww2 protectionism of key sectors, but again, only to kickstart them. Those very sectors had to compete globally quickly to survive. We're in capitalis…
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#168Earlier quoted context omitted.
> And I don't buy the "but China fuels money into their EV industry" either. Well, you’re wrong. There’s not much else to say bout that. > And why would I care if Chinese taxpayers subsidize my car? I really don't. Because it prices the vehicles below points where others can compete. Then they go out of business, and then the remaining winner raises prices. If you are Germany, Japan, or the United States that means l…
> Well, you’re wrong. There’s not much else to say bout that. That's an opinion, not a fact. > Because it prices the vehicles below points where others can compete. This is way too expensive for something like that to last. The rush to the bottom is already killing so many chinese automakers locally. The idea that they can sustain such a money bleed globally is hard to believe.
Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#169Re: Western carmakers' retreat from electric risks dooming them to irrelevance
#170Earlier quoted context omitted.
There's nothing wrong with Chinese EVs (or any EVs) going to Nepal or something. China is closer, it's a tough country to get to, makes sense that China (or India perhaps) would be their primary supplier.
Logistics through Tibet wasn’t really a thing until recently, China had to invest there. But it’s not just Nepal, it’s most of Africa, southeast asia, as well as Australia/NZ. China is literally creating markets for its products that simply didn’t exist at all before.
But let's say China develops these markets and they can afford more cars. That's great. That means after China develops them, Western countries can come in and sell their cars too at China's developmental expense. Seems like a win-win all around.