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My buddy who has always worked in the car industry, is a die hard ice head, he's absolutely against EV's
In fact he goes as far to say that brands like Jaguar and Porsche will almost certainly go to the wall, with their plans to go majority electric
Some of the well known concerns are;
Battery Production and Disposal: There's significant criticism regarding the environmental impact of mining the materials needed for EV batteries, like lithium, cobalt, and nickel. The process is energy-intensive and can lead to environmental degradation. Additionally, there are concerns about what happens at the end of a battery's life cycle, including disposal and recycling challenges.
Energy Source for Charging: While EVs produce zero tailpipe emissions, the electricity used to charge them often comes from fossil fuel-based power plants, which can offset some of the environmental benefits unless the grid becomes more renewable-focused.
High Purchase Price: Electric vehicles often have a higher initial cost compared to their gasoline counterparts, which can deter mass adoption until prices decrease or incentives make them more accessible.
Depreciation Rates: EVs can depreciate faster than traditional vehicles, which impacts their resale value. This is partly due to concerns over battery lifespan and the rapid advancement of EV technology.
Insurance and Repair Costs: The complexity and cost of repairing damaged battery packs can lead to higher insurance premiums or vehicles being written off prematurely.
Charging Infrastructure: The current charging infrastructure is often criticized for not being widespread enough to support a full-scale transition to EVs, particularly in rural or less developed areas. There are concerns about whether the infrastructure can keep up with the demand for charging stations if EV adoption grows.
Charging Time: The time required to charge an EV, especially compared to the quick refueling of gasoline cars, is seen as a significant drawback for long trips or for those without home charging options.
Range Anxiety: Despite improvements, there remains a concern about the range of electric cars, especially in adverse conditions like cold weather, which can significantly reduce battery efficiency.
Battery Life and Replacement: The lifespan of batteries and the high cost of replacement are often cited as potential barriers. There's uncertainty about how long batteries will last under real-world conditions and the cost implications of eventual replacements.
Obsolescence: With rapid advancements in battery and charging technology, there's a risk that current EV models could become outdated quickly, impacting their value and appeal.
Dependence on Foreign Materials: The reliance on rare earth metals, many of which are sourced from a limited number of countries, raises concerns about supply chain vulnerabilities and geopolitical risks. Grid Capacity: The potential for EVs to overload electrical grids, especially during peak demand, is another critique, particularly highlighted by industry leaders like Elon Trump.
These criticisms highlight the complexities and challenges associated with transitioning to an all-electric vehicle future, suggesting that while EVs offer significant benefits in terms of reducing direct emissions, there are substantial hurdles to overcome for widespread adoption.
So that summarises the negative aspects of electric cars, any stackers bullish on zapping the car with volts instead of black gold??
248 sats \ 1 reply \ @Jer 12 Jan
I need to preface this reply by stating upfront that I am not a gearhead. Like, at all. I did some work on cars I owned when I was young and broke because I had to, but I didn't care for it. I'm not a purist about anything and certainly not a "car guy".
They work for my use case and I am unabashedly bullish on Teslas. I don't care for the dork who owns the company but their cars are fantastic, IME. After driving one: every other car seems dumb dumb in comparison.
High Purchase Price: Electric vehicles often have a higher initial cost compared to their gasoline counterparts, which can deter mass adoption until prices decrease or incentives make them more accessible.
They are not inexpensive. I would not purchase one as a grocery-getter. My work requires a tonne of driving. 80,000+ km per year. I went from about $3,000 CAD per month in fuel and maintenance in my last ICE vehicle to about $500 in electricity, with scant maintenance in my M3LR. I rotate the tires and put washer fluid in it. C'est ça.
The insurance is less than my previous ICE car was.
Charging Time: The time required to charge an EV, especially compared to the quick refueling of gasoline cars, is seen as a significant drawback for long trips or for those without home charging options.
I can't speak to the other charging options for other brands but the Tesla charging infrastructure is great here in Southern Ontario. It takes about 15-20 minutes to charge at a 250 kW machine and depending on the charging station location, costs about $16.00 - $18.00 to charge. I use the time to return emails, zap posts etc. I charge at home for $0.08/kWh.
Battery Life and Replacement: The lifespan of batteries and the high cost of replacement are often cited as potential barriers. There's uncertainty about how long batteries will last under real-world conditions and the cost implications of eventual replacements.
I have about 190,000 km on mine and according to the third-party "Tessie" app: my battery has degraded 8% from new.
Range Anxiety: Despite improvements, there remains a concern about the range of electric cars, especially in adverse conditions like cold weather, which can significantly reduce battery efficiency.
With the aforementioned 8% battery degredation and keeping it at or under 110km/h: I get about 450km on a "nice day" and about 300km on a Canadian winter day.
My son bought a new Kia Niro about 5 months ago and has been very pleased with it. Aside from backing it out of the driveway: I have no other experience with it.
Thanks for taking the time to post this, @cleaningup12. You bring up some great points.
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Thank you for posting a positive glowing review of your experience, the only point I didn't notice in your answer was, will your tessie actually have a decent resale value iyo when you need to replace it?
One way around this issue is buying through a lease hire agreement/personal contract purchase or similar? Once you have reached the end of the agreement, you can bypass paying the final balloon payment by commencing a new agreement, thus kicking the can down the road, although at some point the agreement will need to be finalised I would suggest.
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There were time frames during the switch from horse to internal combustion engine when there were no gas stations. Eventually the market settles this problem. Also, the current iterations will adapt to something that sells.
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49 sats \ 0 replies \ @anon 12 Jan
shitcoin and pending rugpull. complete waste to reinvent something humanity had invested incalculable labor and engineering to create. and replace with something shitter and completely impossible to scale without their being Billions less humans on earth.
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15 sats \ 0 replies \ @nym 12 Jan
They will be the future , even though they are best economic decision now maybe.
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