EV Transition: Too Fast, Too Pricey, Too Soon? 

A typical gas car goes to 500 miles at least. When it goes to 500 miles, maybe I’ll consider it. Aside from the safety concerns of EV catching on fire spontaneously and putting your life at danger anytime

@@georgemaximus694 the battery tech is the same as most wireless devices I.e. power tools, phones, shaving machines etc…

@@georgemaximus694 gas cars have a tank filled with explosives - you should worry more about that.

@@georgemaximus694 500 miles?.. my subaru gets 19 mpg and 230 miles a full tank

Is BYD we’ll built? Well it’s made in China so..I don’t know. Credibility isn’t there yet.

If EV in America cost 12k for a new car, and if it was safe and wouldn't burn down your house if you parked it in your garage, the uptake would be huge. I would buy a safe EV if I could get one at a good price (20 - 30k max).

There is too much support for EVs in the US.

​@@john_doe_not_foundBut Tesla's are burning up and they don't cost less than $20000, which is the big problem.

​@@john_doe_not_foundit's a old thinking about burn out, please travel to China or Asian countries to see different about EV

@@nicksonsicnawa9607 Westerners hate EVs because they can't make them...

GM, Ford is everything wrong with US automakers! Tesla is the way to go for next 10 yr

Only fools believe in non interventionist policies.

Yep. He and all the others in this propaganda piece.. big market people...Yah, right!

They should I got 2 V6 cars and 1 Mercedes. But I put a lot of money on lithium investment

And EVs are far from being fully optimized. Right now they still use some parts based on ICE cars that could be replaced by new designs that would be cheaper, simpler, lighter, and more reliable.

Why are there constantly reports of EV's having reliability issues?

@@arthurmroyce If you are talking about that report from Consumer Reports, that result was mostly due to many EVs being made by startups, companies that are learning right now how to build a car. And the reliability issues were outside the drive train, and thus weren't related with the fact those cars were EVs. A more recent report, BTW, made it clear that the company with the cheapest average maintenance costs for the first 10 years of their cars is Tesla - a company that makes EVs exclusively.

BYD will be banned in the USA. byd will make millions of very good inexpensive EVs that Thais, Brazilians, Britons, Aussies, Chinese, Mexicans and others will love. If Europe is ahead China is light years ahead. Note Chinese cars use LFP batteries that can be charged to 100% and drained to almost zero without battery degradation.

😂😂😂 Bullsh$t! Tell us about paying double the insurance cost, tells about your yearly road tax bill, tell us about those pricey tires you need to replace constantly because of the consistent torque. I have an EV, taking all that into account plus the higher price tag, there is absolutely no savings. I have solar too.

@@justtestingonce OK, lets talk about your list: 1. Insurance was $1,300 for our Jeep, now its $1,600 for the Y. 2. No road tax yet, although I would not object to that since I no longer pay gas tax and we do need to build and repair roads. 3. Tire replacement will depend on how you drive. It is the fastest car I have ever driven so I would imagine that I may have to pay for that thrill. Worth it! Now, lets talk about: 1. No oil changes 2. No brake pad replacement 3. No transmission repairs 4. No air filters 5. No spark plugs 6. No mufflers 7. No engine repairs 8. NO GAS BILL ($3,000/year) 9. You get the idea... BTW: the battery is expected to last 300k miles and has warranty for 8 years. Not to mention: The car literally drives itself!

@@HomesteadEngineering who is your insurance through, Tesla? You’ll get a road tax bill year end. The EV tires is due to instantaneous torque, they wear out so quick, three times faster than a gas car and are so expensive, imagine the big rig cybertruck 🤦. Your $3000 a year gas saving is wiped out by your $3600 extra insurance bill. Plus you forgetting the premium you pay for a Tesla vs a gas car that is more spacious than a Y. It just doesn’t add up.

Agreed. After I drive an EV, I will never drive an ICE car again.

@@jogana6909 until you on a road trip and your bike rack causes so much resistance that the EV can’t predict your battery level between charging stations. If you ever see a Tesla drafting behind a big rig, now you know why. My advice if you have a family, you have to have both, EV on long trips is a pain in the butt. The tow truck drivers in Vegas make a lot of money from the LA EV crowd.

um, not this time, things about are about to get much worse, the poor and middle class can't afford s***!

It’s intentional in the US.

I think you forgot your sarcasm font....

Nope. Sales are higher in 2024 for all new vehicles thus far.

Hybrids are a scam. A car needs only one engine to move, they sell you TWO 🤑🤑🤑

Murikans like you are what is making Murika go backwards towards oblivion or at least civil war.

Only China can provide a vehicle that cheap, but our government won't allow that.Because I think it would take away market share from our own car makers

@@teebone2157 maybe partially true. China does follow the minimalist path when it comes to low end BEVs. The labor costs are lower too but much of that is negated by transit costs and increased Chinese salaries. Musk doesn’t say so but he knows he would have to sell cheap cars at low margins- probably in the order of 8%. He banking future growth on FSD as the cost of capital is low. . A very risky proposition.

@@teebone2157 Musk hasn’t learned history well. The Japanese broke into the US market through the low end sector, as did the Koreans.

⁠@@greghelton4668I do think that Tesla understands that, but you can’t start out of the gate with a low end car that requires mass production to be successful. You need to follow the adoption curve, which means smaller volume higher priced to start, targeting wealthy early adopters. This is basically what they have done.

@@chrisbarrese1757 Tesla is mature enough now to introduce a low end car. There are credible reports that there were intense debates between Elon and his executives about the near term viability of FSD band may have led to the exit of many of them. FSD seems to be a religion to Musk however and that is most likely the reason he doesn’t want to make a low end car. I hope they succeed with FSD but personally don’t think the hardware will be there. Most people think of it only as a software problem.

Money get printed, but all spent on wars. The government spend all the money on wars. Shipping out hundreds of billions to fund useless wars. Ukraine and now israel. Americans get nothing. Nothing is built. Imagine the amount charging infrastructures they can build with that hundreds of billions

Then let's build the infrastructure. Duh.

@@Tom-dt4ic Well dig deep

@@royprovins7037 Building EV charger and renewable energy infrastructure will save us huge money in the long run. That's generally how infrastructure works.

COMBUSTION ENGINES ARE BETTER FOR THE PLANET THE CARBONS COMBUSTION ENGINES SPIT OUT PLANTS LIVE OFF IT AND PUT OUT OXYGEN.

You americans don't have a brain, China over there selling cheaper than ICE.

Were you even listening??? In the case of externalities, meaning forces beyond the market, government intervention is appropriate so that everybody pays their fair share. Presently ICE vehicles do not pay their fair share for the damage they do to the envirnment and to our heath. Not even close.

@@Tom-dt4ic I don't buy that at all. Poor people and working class people will be hurt in a major way by forcing them to pay much for gas. Poor people can'd afford a new electric car that costs far more to insure and maintain, not to mention the added cost to put an electrical Level 2 Charger in their home. Oh wait, most people rent, so that might be out the question. You central planners are arrogant and suffer zero consequences for the pain you cause.

@@Tom-dt4ic Ah yes the old "fair share" freshman poly sci student argument

​@@peterponcedeleon3368 Since when does an EV cost more to maintain, you're talking out your uneducated arse.

@@peterponcedeleon3368 Actually, Consumer Reports just released a report showing that the cheapest brand in the US to maintain, during the car's first 10 years, is Tesla. EVs are starting to prove themselves as reliable and with very little needed maintenance (which is kinda obvious taking into account all the systems that an ICE car needs but an EV doesn't). As for the L2 charger, people who drive less than 80 miles a day on average should be able to get by with a L1 charger, which only needs a common power outlet. More if they spend more time at home than just their sleep time. Price, though, might remain an issue in the US for some time, as it's blocking the import of cheaper Chinese EVs, and thus is allowing its lazy, incompetent car industry to remain sheltered and with little competition. That should last until automakers in traditional US allies who nevertheless didn't block Chinese EV imports figure how to compete and proceed to invade the US with much cheaper EVs than the US industry can make.

Rubbish, I reckon everyone has a Power Point somewhere .

Everyone's buying Tesla’s in the US and around the globe. Model Y was the best selling car in the world in 2023. Best selling car not just EV. 2nd was a Toyota at half the cost

Exactly

Not the Model 3 rwd standard range, bud vs the Lambo. Get real, Tesla fanboi.

@@thx1138guy If you go for a $100K Model S Plaid then it can consistently beat non-EV cars that cost far more than that. The same goes for other EV brands with high-end sports cars, mind. A $135K (in China) YangWang U9 would also beat most supercars, including any and everything from Lamborghini.

@@thx1138guy Funny that you chose the cheapest Tesla (38k) to compare to a Lambo.

And depreciation at the rate of a laptop computer.

BYD cars regularly get five stars at the Euro NCAP, meaning they fulfill all European safety requirements and are certified by an European institution as some of the safest cars available in the market.

Tesla uses Byd blade batteries precisely because it's the safest battery tech available. Not to mention all their 5 star Euro NCAP safety ratings models. Cope harder.

@@kamsunleong6648 Which Tesla model TODAY uses blade batteries?

You're dumb lol They are driving EVs at a higher rate than Americans People don't purchase big cars unlike USA

Yes I do. In fact they're already starting to drive electric motorbikes.

Probably, and those EVs will come from China.

@@metricstormtrooper Yep. I live in Brazil, away from the state capitals, and I'm already starting to see electric vehicles around, for the time being all of them BYD; a neighbor has a Seagull, I've seen a couple different Dolphins while driving around, and taxis/application drivers are starting to get EVs too because they save hugely on gas prices (it's literally 5x cheaper to run an EV here than an equivalent gasoline car for those that can charge at home). In Mexico, BTW, by December 2023 about 20% of new cars sold were from China, many of them plugin hybrids or EVs. In Pakistan it appears that electric two- and three-wheelers - a better fit for the country's wages - are starting to displace ICE cars. And Nigeria, while lagging behind, has local assembly of EVs and government incentives for their manufacture and sale. A more interesting African example, though, might be Ethiopia, which actually banned the import of any fuel-powered car. Ethiopia has cheap and plentiful hydropower and pays huge sums for imported fuel, so the government decided to essentially complete the EV transition, at least on the sales front, in less than a year by government decree. And while Ethiopia's charging infrastructure is lacking, its fuel distribution infrastructure is actually worse, meaning it's easier to charge an electric vehicle than to refuel a gasoline one. Also, the US isn't the standard. Far from it, the US is actually a laggard in EV adoption among developed countries; its EV adoption rate is actually worse than the global average (though that average is getting hugely pulled up by China, which in the first half of April reached over 50% BEV+PHEV market share).

@@FabioCapela Ah yes, Ethiopia, and other government mandate nations. Their message to consumers: You WILL do as WE say, and you WILL be happy. Beatings will continue until morale improves.

😂😂😂Toyota = Kodak

Steve Rattner said fuel taxes were not the way to go. The tax credit for new and used clean vehicles no longer requires tax liability. There is an upper income limit (set too high imo) though.

EV's might not be fully zero emissions, but at least on the street for people with astma, they don't kill them.

@@MF2_ETaube Depends on whether the country you live in uses fossil fuel for electricity generation. I live in a country where about 90% of the electricity comes from renewable sources, with plans in course to increase that to 95% in the next few years, so an EV here is pretty close to zero emissions.

That's only for US. Don't include other markets.

​@@markosmataasii2000 in europe after govenments lifted subsidies, market fell. EV's can't compete without tax payers money.

Toyota is always wrong lately.

​@@viljamikoivunen6297ice cars only work because of subsidies for fossil fuel companies.

@@metricstormtrooper You are incorrect. Take a look at the facts: their financial results and the performance of their stock.

It's just starting over here in Asean. Chinese evs are now as common as Toyota. Their ev prices are gonna come down even more once their factories in Thailand are up and running in a couple of months time.

Because people Cant afford it in many areas in the country don't have the infrastructure to charge.

Luddite.

Maybe your government should STOP subsidizing fossil fuels, see how long ice vehicles last paying full price for fuel.

@@metricstormtrooper half of the price is state tax anyway, so it will get better 😄

How long do you think the best EVs take to charge in 2024? What amount of time would you accept in minutes to charge your EV to get 200 miles of range during a 1000 mile road trip?

​@@thx1138guyI'm looking forward to their answer, some people just have NO IDEA.

I call your B S,

​@@metricstormtrooperit's the truth and you know it.

@@jmjfanss You do know that over *170 thousand* fuel-powered cars spontaneously catch fire every year in the US, right? EVs are actually much safer from spontaneous combustion than fuel-powered cars.

I have seen many ice vehicles catching fires with some loss of lives. But I have yet to see or read about an ev fire here in Asean. Evs especially those from China have been on the road for almost 2 years now.

Without backing what you said with real data and solid evidence, it's just your opinion presented as fact.

Just reduce gas company's subsidy,n that will do it.