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Sigmetnow

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Re: Electric cars
« Reply #1000 on: December 03, 2019, 02:44:13 AM »
Yesterday I wrote in the Tesla thread:

For me personally, there still isn't an electric car that really suits my family's needs, and it looks like Sono Motors will never build the Sion.

And a couple of hours later, there was this news from Sono Motors (after a long silence, which had already led to my conclusion they were in trouble)...


Oh, Neven, I feel so terrible for you; I know you thought this car would be a good fit. 

It probably won’t make you feel any better, but the first people who took a chance and ordered the original, very expensive Roadster from that newfangled Tesla company faced much the same obstacles — increasing prices, and delay after delay — and they were very unhappy about it.  The odds of a new EV startup being successful are so small!  As Musk said, “I know we’ll probably fail.  We’re going to do it anyway.”

I agree with others who say waiting is probably the best option.  See how the ID3 turns out.  There is speculation that once the cybertruck comes out (~2 years), the price of the Model 3 may well decrease.  By that time, there may also be more news about a cheaper “Model 2.”  And given the financial upheaval the OEMs are going through, stuff could happen that we can’t even imagine would be possible today. Governments may step in with assistance to make more affordable EVs available to more people, to keep some of the legacy companies in business.
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Sigmetnow

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Re: Electric cars
« Reply #1001 on: December 03, 2019, 02:52:29 AM »
Drivers in France are lining up for hours to buy gas, in anticipation of a strike this week.
Quote
Elon CyberMasked (@TheElonMasked) 12/2/19, 12:42 PM
It kept going for about 200-300 meters
Probably [hours] of waiting, to be able to pay 1.50€/L ($7/gal) ...
https://twitter.com/theelonmasked/status/1201557137475940353
[15 second vid at the link driving past a line of vehicles waiting to get gas.]


- Big strikes in France planned for the 5th, people are getting their petrol right now to avoid even longer lines starting Thursday
< Is that a line for gas?
- It is...
Strikes are planned for the 5th of December, closing down most of France's refineries
Once again, these strikes are 3 DAYS from now! and people are already lining up because we're used to this, we know are rare petrol becomes when there's a strike
- Meanwhile, you can come back home in your EV and just... plug in.
Strikes NEVER affect the electricity grid, and the grid is one of the most reliable in the world
Petrol is around 1.50€/L vs. 0.12€/kWh
Yet EV adoption in France is extremely low, go figure
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NeilT

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Re: Electric cars
« Reply #1002 on: December 03, 2019, 12:39:51 PM »
The author has clearly never heard of the 3 day week.

Never is a very long day.
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kassy

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Re: Electric cars
« Reply #1003 on: December 03, 2019, 02:07:01 PM »
Or the author is just writing about France?
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Re: Electric cars
« Reply #1004 on: December 03, 2019, 02:34:25 PM »
Thanks, oren, sig. Maybe we'll revert to our old plan of buying an EV with a tow hitch (that's how we found out about the Sion), but they're still rare. Maybe the ID.3 will have one (optionally).

If the Cybertruck were 1000 kg lighter, and a lot lower so as not to kill everyone in its way in case of an accident, I'd be very tempted to order it.

For now, we're good with the i-MiEV, which is a great little car. Can't believe it's already been a year since we bought it.
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Sigmetnow

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Re: Electric cars
« Reply #1005 on: December 03, 2019, 02:48:14 PM »
Previous draft’s goal of 60% of sales by 2035 was scrapped because BEV’s “will be mainstream” by then.

China Raises 2025 Electrified-Car Sales Target to About 25%
Quote
China raised its 2025 sales target for electrified cars as the government tries to spur an industry that’s showing signs of slowing down.
The country wants about 25% of new cars sold by 2025 to be electrified, according to a draft policy published by the Ministry of Industry and Information Technology on Tuesday. Its last roadmap on the industry announced in 2017 called for new energy vehicles -- all-electric, fuel-celled autos and plug-in hybrids -- to make up more than 20% of vehicle sales by 2025.
...
In a previous version of a new draft policy earlier this year, the government called for electrified vehicles to account for 60% of sales by 2035, according to people familiar with the matter. In the latest draft, a percentage goal for 2035 was omitted. Instead, it said that pure electric cars will become mainstream by that year, fuel cell autos will be widely available and all vehicles used by the utility sector will be powered by electricity.
https://finance.yahoo.com/news/china-raises-2025-electrified-car-065253542.html
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crandles

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Re: Electric cars
« Reply #1006 on: December 03, 2019, 03:15:08 PM »
Quote
we realized that the expectations of the classical investment world and our values in fact, do not match. We faced the risk of losing our key technologies to investors, who do not share our convictions.

Sounds like an admission the project doesn't make sense financially (unless they have investors they can lean on for more funds rather than the investors leaning on them). Providing some security for loans wouldn't be a problem if they were confident of successfully making progress required so it sounds like they are not confident of that.

The financial hard headed decision seems clear, don't throw good money after bad.

However sometimes arrangements work out better than refusing to agree to such arrangements. If they are only asking for a small fraction of the deposit amount which you would be likely writing off if people generally refuse, then who knows it might be worth a punt.

But to me, this sounds like a long way to go - even if they get the 50 million Euros, there is another round of financing required after that in which you might be pressed for more investment.... and if it sounds like they are not confident of sufficient success to make it financially viable then .....

Proper advice might need a lot more info, this is just my impression from what you have provided.

philopek

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Re: Electric cars
« Reply #1007 on: December 03, 2019, 04:09:40 PM »
.......Maybe we'll revert to our old plan of buying an EV with a tow hitch (that's how we

Since long i'm wondering when the first manufacturer shall come up with kind of a car-trailer that has a battery pack to extend range (capacity) when needed.

Let's take your iMiev or any other 5 seater with a relatively small range below 400km that would have to make it to visit relatives or for a holiday trip.

I could imagine that the possibility to add a huge battery back, perhaps even rentable when needed, to make the trip and give it back for every day use scenarios (distances)

Just sharing a thought that crossed my mind due to the huge lag of exchangeable batteries development or market introduction on a larger scale.

NeilT

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Re: Electric cars
« Reply #1008 on: December 03, 2019, 05:49:25 PM »
.......Maybe we'll revert to our old plan of buying an EV with a tow hitch (that's how we

Since long i'm wondering when the first manufacturer shall come up with kind of a car-trailer that has a battery pack to extend range (capacity) when needed.

Let's take your iMiev or any other 5 seater with a relatively small range below 400km that would have to make it to visit relatives or for a holiday trip.

I could imagine that the possibility to add a huge battery back, perhaps even rentable when needed, to make the trip and give it back for every day use scenarios (distances)

Just sharing a thought that crossed my mind due to the huge lag of exchangeable batteries development or market introduction on a larger scale.

There was one mooted but they ditched it about the same time Tesla stopped swapping batteries.

A combination of larger battery sizes and faster charge times rendered it redundant.  It is out there on the Web somewhere.
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nanning

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Re: Electric cars
« Reply #1009 on: December 03, 2019, 05:54:40 PM »
Any solution yet about the microplastic emissions from electric car tires?

Has the life of the humans digging up important electric car resources improved? Do you empatize with them?

;)
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Sigmetnow

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Re: Electric cars
« Reply #1010 on: December 03, 2019, 06:18:11 PM »
Reminder:  the majority of the chemical makeup of Tesla’s battery is Nickel.  Lithium is merely a “salt” added to the mix.

Lithium produced for Tesla’s batteries is less polluting than 31 cups of coffee: researcher
Quote
To produce the lithium needed for a 64 kWh battery pack, for example, Fichtner stated that about 3840 liters of water are evaporated according to usual calculation methods. This is roughly comparable to the production of 250 grams of beef, 30 cups of coffee, or half a pair of jeans, according to the researcher.
https://www.teslarati.com/tesla-model-3-batteries-less-polluting-than-30-cups-coffee-researcher/
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Sigmetnow

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Re: Electric cars
« Reply #1011 on: December 03, 2019, 07:46:10 PM »
Is an EV that’s just like their ICE car really what today’s buyers want?

In Tesla’s shadow, Audi and Mercedes electric SUVs get no love
Quote
The pendulum keeps swinging. Reactions against weird-mobiles like the BMW i3 and first-gen LEAF sent a message that classic automotive beauty is needed for EVs. Tesla proved that EVs could be cool cars, full stop. Then Elon flipped the script again with the Cybertruck. And the Mustang Mach-E arrived.

The problem for the German automakers (and the EV movement) is that as 2020 rolls around, consumers will see sedate German luxury EVs in a blur of sameness. The more time that passes, the problem gets worse. The long gap between BMW’s i3 and the eventual release of its electric SUVs puts the company further behind the times.

Meanwhile, the Mercedes-Benz EQC’s $67,900 price does not have a convincing ring to it, especially when you consider that the out-the-door cost for most buyers will be a lot more. It will have to compete for savvy customers who can pay $20,000 less for a vehicle with more pizzaz. …
https://electrek.co/2019/12/03/in-teslas-shadow-audi-and-mercedes-electric-suvs-get-no-love/

——-
Reviving The “Tesla Deathwatch” — With A Totally Different Spin
Quote
…markets for well established goods can collapse at nearly unimaginable rates as new technology disrupts the old. In 2000, absolutely no one expected that physical film sales would topple as fast at they did. In 10 years, Kodak lost 85% of its sales to the disruptive change that digital cameras brought about.
https://cleantechnica.com/2019/11/18/reviving-the-tesla-deathwatch-with-a-totally-different-spin/

——
CleanTechnica’s Top 20 articles from last week.  “8 articles about the Tesla Cybertruck, 6 about other Tesla topics, 3 about the Ford Mustang Mach-E, and then a few other stories. “
https://cleantechnica.com/2019/11/29/tesla-cybertruck-induced-pickle-tesla-competition-deathwatch-vws-tesla-shade-cleantechnica-top-20/

—-
 ;D
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nanning

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Re: Electric cars
« Reply #1012 on: December 03, 2019, 07:55:05 PM »
It isn't just nickel, and you must know that Sig.
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KiwiGriff

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Re: Electric cars
« Reply #1013 on: December 03, 2019, 08:02:31 PM »
Quote
Has the life of the humans digging up important electric car resources improved? Do you empathize with them?

The worlds major suppler of lithium is Australia.
Quote
Oct 17, 2019 - A mid-career Miner with 5-9 years of experience earns an average total compensation of AU$122,607
I don't think $122.607 a year is in need of much improvement.

Cobalt is usually the target when they talk of child labor and horrific conditions.
The Democratic Republic of the Congo supply's around 50% of the worlds cobalt
Only about 15% of the cobalt mined in the Congo comes from the Artisanal mining  responsible for the human rights abuses.
Tesla the worlds biggest manufacture of electric cars is making an effort to insure its cobalt is  ethically sourced.
Tesla have also reduced the amount of cobalt used in their battery's and are working to do away with it entirely .

The oil industry uses much of the worlds cobalt in the process to refine petrol.
We never hear about their ethics.

You have been mislead by the campaign to discredit electric cars by the oil industry.

blumenkraft

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Re: Electric cars
« Reply #1014 on: December 03, 2019, 08:09:33 PM »
There is also lithium in eastern Germany. Tesla opens a GF in eastern Germany.

Also related: Another battery company apparently coming to Brandenburg.

Link >> https://translate.google.com/translate?sl=de&tl=en&u=https%3A%2F%2Fwww.tagesspiegel.de%2Fberlin%2Ftesla-fabrik-in-gruenheide-jetzt-zieht-auch-batteriehersteller-microvast-nach-brandenburg%2F25246518.html
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Sigmetnow

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Re: Electric cars
« Reply #1015 on: December 03, 2019, 08:13:45 PM »
It isn't just nickel, and you must know that Sig.

Quote
“Our cells should be called Nickel-Graphite, because primarily the cathode is nickel and the anode side is graphite with silicon oxide… [there’s] a little bit of lithium in there, but it’s like the salt on the salad,” the CEO explained.

Musk said that the amount of lithium in a lithium ion battery is about 2% of its total volume and that “lithium in a salt form is virtually everywhere… there is definitely no supply issues with lithium.”
https://www.benchmarkminerals.com/elon-musk-our-lithium-ion-batteries-should-be-called-nickel-graphite/
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NeilT

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Re: Electric cars
« Reply #1016 on: December 03, 2019, 10:13:03 PM »
It isn't just nickel, and you must know that Sig.

Quote
“Our cells should be called Nickel-Graphite, because primarily the cathode is nickel and the anode side is graphite with silicon oxide… [there’s] a little bit of lithium in there, but it’s like the salt on the salad,” the CEO explained.

Musk said that the amount of lithium in a lithium ion battery is about 2% of its total volume and that “lithium in a salt form is virtually everywhere… there is definitely no supply issues with lithium.”
https://www.benchmarkminerals.com/elon-musk-our-lithium-ion-batteries-should-be-called-nickel-graphite/

True, but until they get their Maxwell cells out there, they also have Cobalt in these batteries and that is much more polluting.  Not on the scale of the tech in the Prius which has all sorts of nasty stuff in it, but still not totally clean.  Recyclable?  Yes, non harmful?  Not yet.
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Sigmetnow

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Re: Electric cars
« Reply #1017 on: December 04, 2019, 03:36:44 AM »
Carmakers Shedding 80,000 Jobs as Electric Era Upends Industry
Quote
All told, carmakers are eliminating more than 80,000 jobs during the coming years, according to data compiled by Bloomberg News. Although the cuts are concentrated in Germany, the U.S. and the U.K., faster-growing economies haven’t been immune and are seeing automakers scale back operations there.

The German companies joined General Motors Co., Ford Motor Co. and Nissan Motor Co. in massive retrenchments put in motion over the past year. The industry is sputtering as trade tensions and tariffs raise costs and stifle investment, and as manufacturers reassess their workforce in an era of electrification, autonomous driving and ride-on-demand services. The global auto industry will produce 88.8 million cars and light trucks this year, an almost 6% drop from a year ago, according to researcher IHS Markit.

Cuts are also being carried out in China, which employs the largest number of people in the industry and has been mired in a sales slump. Electric-vehicle startup NIO Inc., which has lost billions of dollars and watched its New York-listed shares plummet, dismissed about 20% of its workforce by the end of September, shedding more than 2,000 jobs.

“The persistent slowdown in global markets will continue to dent automakers’ margins and earnings, which have already been hurt by increased R&D spending for autonomous-driving technology,” said Gillian Davis, an analyst with Bloomberg Intelligence. “Many automakers are now focused on cost-saving plans to prevent margin erosion.”

If it were a country, the auto industry would be the world’s sixth-largest economy, according to Fircroft, a technical job-placement firm. In Germany alone, when including local operations of foreign manufacturers, about 150,000 jobs might be at risk in coming years, according to estimates by the Center of Automotive Management, near Cologne.
 …
https://www.bloomberg.com/amp/news/articles/2019-12-03/carmakers-shedding-80-000-jobs-as-electric-era-upends-industry
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Sigmetnow

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Re: Electric cars
« Reply #1018 on: December 04, 2019, 04:15:05 AM »
Quote
James Stephenson (@ICannot_Enough) 12/2/19, 1:19 PM
Current Altman z-scores, per gurufocus.com, selected automakers:
*higher is better*

1.91 Tesla
1.84 Honda
  (financial distress zone is any score below 1.81)
1.77 Toyota
1.38 Nissan
1.35 Fiat Chrysler
1.14 Volkswagen
1.09 Daimler
1.09 GM
0.95 Ford
0.79 BMW
-4.36 NIO
https://twitter.com/icannot_enough/status/1201566458586836992

- Altman z-score is a weighted measure of financial strength based on ratios between financial metrics like revenue, earnings, assets, liabilities, and working capital.

Caveat emptor: it does not apply to financial companies (automaker lending artificially lowers their score).

3.25 Geely (Volvo)
2.83 Suzuki
1.25 Hyundai/Kia
0.79 Renault
0.75 Tata (Jaguar/Land Rover)
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NeilT

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Re: Electric cars
« Reply #1019 on: December 04, 2019, 06:51:16 PM »
Model Y spotted with tow hitch. Capabilities.

https://electrek.co/2019/12/03/tesla-model-y-prototype-spotted-tow-hitch/amp/

Clearly Tesla is thinking about it.
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Sigmetnow

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Re: Electric cars
« Reply #1020 on: December 04, 2019, 09:10:51 PM »
Model Y spotted with tow hitch. Capabilities.

https://electrek.co/2019/12/03/tesla-model-y-prototype-spotted-tow-hitch/amp/

Clearly Tesla is thinking about it.

I knew, in a general way, that Europeans make frequent use of small trailers with their small cars.
But the comments to the article make it clear that lack of a trailer hitch would be an absolute deal-breaker for many potential buyers in Scandinavia, Germany, and Australia.
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Sigmetnow

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Re: Electric cars
« Reply #1021 on: December 04, 2019, 09:22:33 PM »
Rivian to provide skateboard chassis for electric Lincoln SUV
https://chargedevs.com/newswire/rivian-to-provide-skateboard-chassis-for-electric-lincoln-suv/

—-
The iNext will be a small crossover, “relatively affordable mass volume electric car.”  To be made on the same line as BMW’s gas-powered and hybrid vehicles in Dingolfing plant. Expected to go into production in 2021.
BMW invests $400 million in production of its Tesla Model Y competitor: the iNext
https://electrek.co/2019/12/03/bmw-invests-production-inext-tesla-model-y-competitor/

—-
Video shows impressive crash test results, even on the side-pole intrusion test (please note, no battery fires!) — but pedestrian tests are quite exciting:  looks like the car barely misses them.
Porsche Taycan achieves 5-star safety rating from Euro NCAP
https://electrek.co/2019/12/04/porsche-taycan-5-star-safety-rating-euro-ncap/

—-
It sucks to be ICE-d out of a charging spot. Last Thursday, EV-driving parliament members spoke up loud and clear in a debate over ICE-ing.
Ontario parliament’s red-hot debate over $125 fee for ICE cars blocking EV charging stations
https://electrek.co/2019/12/03/ontario-parliaments-red-hot-debate-over-125-fee-for-ice-cars-blocking-ev-charging-stations/
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Re: Electric cars
« Reply #1022 on: December 04, 2019, 09:25:33 PM »
Some 15 years ago a friend put a bike rack on the back of her Prius so she could take her bicycle on a vacation in Ontario, Canada.  On her return, she almost lamented her decision as her mileage was horrible due to the added wind resistance (and Interstate speeds).  A little aerodynamic trailer would do better, I presume.
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Sigmetnow

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Re: Electric cars
« Reply #1023 on: December 05, 2019, 02:20:20 AM »
Cobalt.
Quote
Elon Musk (@elonmusk) 6/13/18, 2:38 PM
We use less than 3% cobalt in our batteries & will use none in next gen
https://twitter.com/elonmusk/status/1006968985760366592

”For now, electric car makers are in a game of cobalt reduction, and in this sense, Tesla has a notable lead. The batteries used in Volkswagen’s well-received ID.3 hatchback, for example, contain about 12-14% cobalt.”
https://www.teslarati.com/tesla-model-3-batteries-less-polluting-than-30-cups-coffee-researcher/


More cobalt is used in oil refining than anywhere else.
Desulphurisation | Cobalt Institute
Quote
The use of cobalt in desulphurisation reactions represents the highest tonnage of cobalt use in the catalyst sector.
https://www.cobaltinstitute.org/desulphurisation.html
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NeilT

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Re: Electric cars
« Reply #1024 on: December 05, 2019, 11:23:41 AM »
All true Sig but with 80 million cars a year EV cobalt use would tower over everything and even at 1% a billion EV batteries would be a significant environmental risk.

The sooner we get Cobalt out of EV batteries, the better.
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blumenkraft

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Re: Electric cars
« Reply #1025 on: December 05, 2019, 11:42:15 AM »
Well, the companies using Cobalt are not and will not be the ones providing high volume EV output anyway. So, we are good.
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Re: Electric cars
« Reply #1026 on: December 05, 2019, 12:59:45 PM »
In the UK at least the Tesla Model 3 is available to specify with a Tow Hitch


NeilT

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Re: Electric cars
« Reply #1027 on: December 05, 2019, 01:54:32 PM »
Well, the companies using Cobalt are not and will not be the ones providing high volume EV output anyway. So, we are good.
VAG plans 22m by 2030.  By 3 years from now Tesla will be pushing out more than 1M per year.

That level of competition will suck in others.

Those latest to the party will use the dirtiest and least recyclable tech, if current trends are anything to go by.

Not the best situation. We will move from one form of pollution to another.

Worse is that any EV, driving in Poland, will cause over 130g CO2 per KM from the power infrastructure unless there are some very serious moves to CO2 neutral tech.
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Re: Electric cars
« Reply #1028 on: December 05, 2019, 09:11:17 PM »
Well, the companies using Cobalt are not and will not be the ones providing high volume EV output anyway. So, we are good.
VAG plans 22m by 2030.  By 3 years from now Tesla will be pushing out more than 1M per year.

That level of competition will suck in others.

Those latest to the party will use the dirtiest and least recyclable tech, if current trends are anything to go by.

Not the best situation. We will move from one form of pollution to another.

Worse is that any EV, driving in Poland, will cause over 130g CO2 per KM from the power infrastructure unless there are some very serious moves to CO2 neutral tech.

Or, you could look at it that EV batteries use less cobalt than petroleum processing, so that’s a win for at least several years.  And major battery manufacturers are already targeting a reduction in their colbalt use.  So “latest to the party” EV manufacturers will get their batteries from suppliers that only offer cleaner versions.
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Sigmetnow

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Re: Electric cars
« Reply #1029 on: December 05, 2019, 09:14:07 PM »
Provides changes to thermal management, regenerative braking, active aerodynamics, and allows running the battery to a lower state of charge than previously.  Also, updates display graphics, and adds the potential for OTA updates.
Jaguar is unlocking 8% more range in the I-Pace through software update
https://electrek.co/2019/12/05/jaguar-i-pace-unlocking-range-software-update/

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A source also tells Reuters that the modular batteries from the factory will be used for multiple GM vehicles, including a future Cadillac EV.
LG Chem and GM to invest $2B for Ohio battery factory; Cadillac EV on tap
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In July it was announced that LG Chem was working on a potential new billion-dollar US battery cell factory for electric cars. Today in a security filing in South Korea, LG Chem confirmed that investment, and that GM will invest another billion.

Reuters reports that the location is expected to be in the area of Lordstown, Ohio, where GM recently sold its factory to an EV startup affiliated with Workhorse. This follows news earlier this week that Piedmont Lithium received an important federal permit to proceed with its lithium mine in Gaston County, North Carolina — the second in North America. Looks like Interstate 77 will be America’s hot new lithium corridor.
https://electrek.co/2019/12/05/lg-chem-and-gm-to-invest-2b-for-ohio-battery-factory/
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oren

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Re: Electric cars
« Reply #1030 on: December 06, 2019, 01:36:19 AM »
Well, the companies using Cobalt are not and will not be the ones providing high volume EV output anyway. So, we are good.
VAG plans 22m by 2030.  By 3 years from now Tesla will be pushing out more than 1M per year.

That level of competition will suck in others.

Those latest to the party will use the dirtiest and least recyclable tech, if current trends are anything to go by.

Not the best situation. We will move from one form of pollution to another.

Worse is that any EV, driving in Poland, will cause over 130g CO2 per KM from the power infrastructure unless there are some very serious moves to CO2 neutral tech.
Those latest to the party will do with less or no cobalt, simply because there will not be enough cobalt, and/or its price will be very high.
And Poland is just one small market for EVs. But even there, EVs emit 25% less CO2 than diesel cars over their lifetime. Hopefully the terrible Polish power mix will improve over time though.

NeilT

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Re: Electric cars
« Reply #1031 on: December 06, 2019, 09:55:01 AM »
We can hope Oren.  But history doesn't support the Cobalt theory.  Those who try to follow the trailblazers tend to use 1st gen tech and as 3rd gen tech moves on, the Cobalt producers will ramp to the lower market.

It is the way of the world.  It is also why Lada exited the EU car market when the Euro emissions controls started.

We can hope though.
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Sigmetnow

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Re: Electric cars
« Reply #1032 on: December 07, 2019, 05:50:26 PM »
“These companies, especially on the autonomous side, they’re finding it’s harder to develop this stuff than they thought it was going to be, so they’re teaming up to spread those costs and share the expertise that they have across a broader range of vehicles to try and get some scale.”

Automakers investing billions in partnerships as industry races toward autonomous and electric vehicles
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Automakers such as GM are annually spending billions on the emerging technologies in an attempt to gain an upper hand on the potential multitrillion-dollar businesses, which many believe will transform transportation as we know it and assist in lowering global carbon emissions. But, for the moment, remain unprofitable.

Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners and a managing director at the firm, said the “tricky balance” of investing in new technologies while keeping traditional business operations profitable is one of the main drivers for the uptick in auto industry partnerships.

“All these things take this tremendous investment and aren’t going to pay off with a top-end profit next year or the year after or the year after that,” he told CNBC on Friday. “But they are somewhat existential if you want to be in the game 10 years from now. That’s where partnerships come into play.”

A report by AlixPartners earlier this year estimated the industry’s annual spending on autonomous driving and electric vehicles will reach a cumulative $85 billion by 2025 and $225 billion by 2023, respectively.


The capital being spent on electric vehicles alone is roughly equal to the massive amount that all automakers globally combined spend on capital expenditures and research and development in a year, according to the firm.

“To invest in these electric vehicles and CASE (connected, autonomous, shared, electric vehicles) in general, you’re taking one years’ worth of investment out of every five out of the picture,” Wakefield said. “That’s an extraordinary amount to take out and keep the trains running on time of your vehicle programs and traditional business.”

“The joint venture that we are signing today is more than just a collaboration,” LG Chem Vice Chairman and CEO Hak-Cheol Shin said Thursday at the media event. “It marks the beginning of a great journey that will create an emission-free society and transform the global automotive market into an eco-friendly era.”

https://www.cnbc.com/2019/12/07/gm-lg-venture-adds-to-multibillion-dollar-partnerships-on-evs-avs.html

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Daimler’s Crisis: Needs Something More Musk
Quote
In an analysis by the acclaimed German news site Spiegel, the author points out Daimler’s crisis and that it needs “something more Musk, please.” The article, written in German, made several interesting points, but the main point is that Daimler is facing a crisis and Tesla is just one part of that crisis. The author of the article believes (and so do I) that perhaps Daimler’s CEO, Ola Källenius, needs to be more like Elon Musk to help save his company.

Elon Musk took the auto world by storm when he announced that the Gigafactory 4’s location is going to be built in Germany, Berlin no less. With this, up to 10,000 jobs could be created in the country. Not even 48 hours later, Källenius made a promise to investors in London to save more than €1.4 billion in costs. Daimler’s crisis starts with his plans to reduce jobs and cut back investments. …

Daimler’s Crisis Summed In 4 Points
1. New Competitors. …
2. Pressure From Shareholders. …
3. Employees. …
4. Fleeing Suppliers. …
https://cleantechnica.com/2019/11/16/daimlers-crisis-needs-something-more-musk/

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All workers are affected, and the time off isn't paid.
Nissan Closing U.S. Operations For 2 Days In January To Save Money
https://www.motor1.com/news/386140/nissan-closing-us-operations-save-money/
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Sigmetnow

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Re: Electric cars
« Reply #1033 on: December 07, 2019, 05:57:53 PM »
Lucid unveils first images of EV factory as construction starts
https://electrek.co/2019/12/02/lucid-first-image-ev-factory/

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Analyst says GM’s Silverado truck is “crummy.”  Now, what about the cybertruck?
Barra: “We’re making trucks the customer wants.”
GM CEO Dodges Tesla Cybertruck Question: Promises Strong GM Pickup
https://insideevs.com/news/386365/mary-barra-gm-electric-pickup-truck/amp/

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Ford knew Focus, Fiesta models had flawed transmission, but sold them anyway
Ford workers break their silence on faulty transmissions: 'My hands are dirty. I feel horrible'
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The vehicles have saddled the company with an estimated $3 billion in warranty costs plus legal expenses from thousands of lawsuits.

In October, Ford cited that extended warranty relief as a factor denting company profits.
On top of everything, U.S. Department of Justice fraud investigators opened a probe into Ford's conduct involving the transmission dating to 2010. It subpoenaed material earlier this year seeking to learn whether the company knew the transmissions were defective and couldn't be fixed and whether it lied to federal safety regulators.
https://finance.yahoo.com/news/ford-workers-break-silence-faulty-145800004.html

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This is the fourth safety recall on the 2020 Explorer since the vehicle went on sale in June.
Ford issues two recalls in trucks, SUVs over tailgate issues, fuel leak
https://www.autonews.com/regulation-safety/ford-issues-two-recalls-trucks-suvs-over-tailgate-issues-fuel-leak

Quote
ValueAnalyst (@ValueAnalyst1) 12/6/19, 3:40 PM
Never ends...
#ICErecall has TRIPLED in 2019
autonews.com/regulation-saf…
https://twitter.com/valueanalyst1/status/1203051589025579008
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Sigmetnow

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Re: Electric cars
« Reply #1034 on: December 07, 2019, 07:14:43 PM »
There's an Ultra-Rare GM EV1 Abandoned in an Atlanta Parking Garage
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GM spared a tiny handful of EV1s from the crusher—no more than 20—and donated them to museums and schools. GM also bricked the cars' control units to ensure those entities didn't turn around and put their presents back on the road. Nice. Handed an extremely interesting paperweight, engineering students did what they always do: They took it apart. Many of the collegiate EV1s were completely stripped for parts that went into experimental race car builds or design projects. This one was not. ...
https://www.thedrive.com/news/31345/theres-an-ultra-rare-1999-gm-ev1-abandoned-in-an-atlanta-parking-garage
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Sigmetnow

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Re: Electric cars
« Reply #1035 on: December 08, 2019, 05:22:17 PM »
Toyota executive warns of "electrified armageddon" for auto industry
https://www.axios.com/electric-vehicles-toyota-general-motors-af32fb17-e68d-4478-b830-a3d6359fb58f.html

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How the world's cities will drive electric vehicle adoption
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The U.S. vehicle market could finally be going electric — and faster than you might think.
What's happening: While California and the Trump administration go to war over the state's right to set its own tailpipe emissions standards, large cities are taking steps to curb pollution and corporate giants like Amazon are launching their own green agendas. ...
https://www.axios.com/cities-electric-vehicles-carbon-climate-change-653eecc9-322a-4ea5-bbec-7c7bd8a611b4.html

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The bumpy transition toward electric vehicles
Quote
Daimler announced over $1 billion in job cuts over the next three years on Thursday, citing the costs of moving the company toward a more climate-friendly product line and meeting EU emissions targets.
Why it matters: The German auto behemoth's announcement is a sign of how the wider industry's movement toward electric vehicles and automated technology will be a bumpy ride.
   •   "Daimler has been burning through cash in the past few months as it grapples with the cost of electrification," the Financial Times notes.
   •   The company has various climate and EV goals, such as having plug-ins and full electrics comprising over 50% of Mercedes-Benz car sales by 2030.
The big picture: It also comes amid sluggish global auto sales. The company, at an investor presentation Thursday, cited "headwinds" from trade disputes and "overall economic uncertainty."
What they're saying: CEO Ola Källenius said that the company's metamorphosis will have a "negative impact" on earnings in 2020 and 2021.
   •   "The expenditure needed to achieve the CO2 targets require comprehensive measures to increase efficiency in all areas of our company. This also includes streamlining our processes and structures," he said in a statement.
Quick take: U.S. automakers are hardly immune from the climate and EV-related forces that are acting on Daimler — pressures that would grow stronger if a Democrat wins the White House.
   •   As Axios' Joann Muller pointed out during the now-ended strike at General Motors, that dispute was in part a sign of how automakers' traditional business models will have to change.
https://www.axios.com/electric-vehicles-big-auto-daimler-job-cuts-63999477-52ca-4854-b1fc-0f328a2fa9ed.html
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Sigmetnow

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Re: Electric cars
« Reply #1036 on: December 08, 2019, 07:53:05 PM »
Yes, it had a safety driver.  (And in heavy traffic, it needed one.)

We tried out a self-driving robotaxi in China – it was a very ‘considerate’ ride
https://www.scmp.com/tech/start-ups/article/3040896/we-tried-out-self-driving-robotaxi-china-it-was-very-considerate
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Sigmetnow

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Re: Electric cars
« Reply #1037 on: December 09, 2019, 03:03:47 PM »
U.K.

Rise of SUVs 'makes mockery' of electric car push
Quote
The "immense" rise in sales of high-emission sports utility vehicles means they now outsell electric cars in the UK by 37 to one, research has found.

As a result, overall exhaust emissions from new cars have been increasing, not declining, for the past three years, says the UK Energy Research Centre.

SUV sales are jeopardising the UK transport sector's ability to meet EU emissions targets, it said. Prof Jillian Anable of the UKERC said this made "a mockery" of UK policy. "Effectively, we have been sleepwalking into the issue," she said.

"The decarbonisation of the passenger car market can no longer rely on a distant target to stop the sales of conventional engines. We must start to phase out the most polluting vehicles immediately. It is time to enact a strong set of regulations to transform the entire car market towards ultra-low carbon, rather than focusing solely on the uptake of electric vehicles." ...
https://www.bbc.com/news/business-50713616
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kassy

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Re: Electric cars
« Reply #1038 on: December 09, 2019, 03:06:23 PM »
Time to slap on some tax, too bad the island is voting over brexit again.
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Re: Electric cars
« Reply #1039 on: December 09, 2019, 06:11:13 PM »
A non-progressive tax will disproportionally hurt the ones who are the least rich. We must stop unfair systems and be equals again.
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Re: Electric cars
« Reply #1040 on: December 09, 2019, 06:13:54 PM »
... ask your local socialist for solutions.
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Re: Electric cars
« Reply #1041 on: December 09, 2019, 10:58:28 PM »
No, ask Jeremy Corbyn, he'll tell you he is going to take from the rich to build his folly of a state system then he will punish everyone.  Those with the least social mobility will get creamed.  All over again.

The last time the UK had that sort of government we had 32% income tax as a base, almost everyone paying income tax and loans from the IMF to keep the country they bankrupted afloat.

Odd that I am not in favour of these "beneficial" taxes.

Fines though, on the EU scale currently being seen.. Working.
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