ExpatOilWorker

The beginning of the end for EVs. https://www.project-syndicate.org/commentary/ev-adoption-weakening-despite-us-subsidies-and-other-inducements-by-todd-g-buchholz-2024-01

Worth a read from FT. Staggering numbers. China ended an 11-year consumer subsidy scheme for EV purchases in 2022. But local governments still offer subsidies and tax rebates and the central government has prolonged a tax reduction on EV purchases to 2027. CSIS, the US think-tank, has put Beijing’s cumulative state spending on the EV sector at more than $125bn between 2009 to 2021. https://www.ft.com/content/a5101a0d-a1bf-4591-82f1-4fd9a5fadbec?segmentid=dcee0941-6e02-a9de-5643-b340f3ef2e3a

EVs might not be the future after all and China might be betting on the wrong technology for their EV industry. https://lagradaonline.com/en/bmw-hydrogen-engines https://lagradaonline.com/en/gm-honda-hydrogen-engines

They haven't defaulted on all of their 2.3 billion baht worth of bonds, only some 710 billion baht.

Great 👍, some extra gas power burn using LNG.

https://amp.miamiherald.com/news/local/environment/climate-change/article284533695.html

Duck.

It was delicious 😋 😍. Come over if you want to taste it next time.

Chicken and pork chop.

Knock yourself out..

This will be my first EV.... https://www.electrichearse.co.uk/

Santa 🎅 granted your wish.

Night boat 🚢 sunk. Everyone survived. https://www.bangkokbiznews.com/news/news-update/1104954

3 sets of tyres for under 10,000 baht???

Made in China safety rating. Are the EVs any safer? https://www.carexpert.com.au/car-news/mg-5-receives-zero-star-ancap-safety-rating

Fair enough, just to give you some wiggle room let's call it 80-90% EV saturation. EV saturation as percentage of sales: JBCR = 80-90% EOW = 20-30% I expect the honeymoon period to blow over in a few years and I don't think either of us need to worry much about what will happen 70 years from now.

EV sales as percentage of total vehicles registration once your exponential curve flattens out. This might happen slowly, so let's say when EV sales stabilize withing a 5% range over a 6 month period. Pib is the man with the numbers, but I believe 16-17% is the latest numbers from October, 2023.

That is a weak answer, all you have to do is pick a number between 0 and 100%. Values above 100% will will only be accepted when EV dealers go so desperate they offer 2 for 1 deals!!

OK, so in ur expert opinion what is the EV saturation percent point in Thailand?

44% EVs is an interesting number, the honeymoon period is far from over. With overall EV sales around 16%, we will probably see a saturation point around 20-30% as subsidies fade away. That means 10-15% of cars on the road in 10 years will be EVs.

The Fortuner fights back and beat the EVangelists. 1. Toyota 2. Honda 3. BYD

Spoken like a true EVangelist! Let the poor pay for the EV subsidy while they pollute more, so you can feel better.

At what age can you transfer condo ownership to your Thai child? At age 7 the Thai ID card is issued. At age 12 they can open a bank account, use the banking app and have an ATM card. Similar to the above, can condo ownership be transferred before the child is 18 years? Also, is it possible to do a "family" transfer and save the transfer cost or is the only way to do a pretend sale and pay all transfer fees at the land department office?

Bit of a Streisand blunder on the Chinese side. Time to cover the Taiwanese election in January next year. https://en.wikipedia.org/wiki/Streisand_effect