JBChiangRai

We will see, I suspect not.

I disagree. The article said... It is expected to be finalized in September. The EV insurance policy will be implemented from January 1, 2024 onwards. "Because it is new, there will be involvement in the system, whether it is the people, manufacturers, dealers, sales channels, insurance companies and OIC offices. The article was September and yet there has to be involvement of specified third parties. It's not a done deal until the fat lady sings. We will know in a little over a week, I will attempt to insure an EV with Roojai and revert.

@vinny41 I think you have taken the position of an EV hater, and you are trying to find articles to support your position. It's far better to have an open mind.

The OIC article said there would be consultation with various groups, so it's only a fluff piece until it's finalised.

The article from OIC is almost 4 months old, yet we have heard nothing. I suspect it's not implemented. time will tell.

I am not sure customers will accept this, Tesla is a mature model in USA and we've not seen it there. Battery degradation is nothing like 10% per year, I can see EV owners asking the dealer to check battery SoH (state of health) and expecting that to be covered. I would for sure. Roojai are already doing this and our premium for an MG EP+ was only 8,500 baht, we had to specify all regular drivers, we paid a surcharge to cover any occasional driver. We have 2 countries with mature models, China & USA. USA aren't doing this, I find the Chinese article suspect, it's talking about one company only. What I do think we'll see if insurance becomes an issue, is companies like BYD offering and underwriting insurance on their cars and freezing out the middle man. That would be no bad thing. There is no way that the Thai government will allow insurance companies to derail their go EV policy.

They have pitched them higher, but if we accepted the earlier poster as fact, then their risk is 25% more so there is no need to increase premiums by more than 25% which would retain the same profit margin. There are other problems in the UK, a very high percentage of cars aren't taxed or insured and this puts premiums up for everybody, but it doesn't affect EV's more than legacy cars.

Nonsense, insurance is a competitive business, there's no opportunity to profiteer or you lose market share. Like all businesses they are driven by profit & growth, profiteer and your growth goes negative.

He did say the claim cost is 25% higher, that includes all liabilities as they are all part of the claim.

If the claim cost is 25% higher for EV’s then without providing a replacement car there is no justification for anything more than a 25% increase.

MG EP+ was about 8,500 if so remember right.

Yes no problem at all

Most new BEV's do have this power feature.

I would take it to MG and ask them how much they would offer to buy it or as part-exchange and then advertise it for 50k more. I suspect you're looking at 700-800k.

H2 is much more suitable for large trucks, buses etc. I think battery technology will develop to the point you can charge up in 10 minutes. Most people are going to prefer BEV's because of the running costs, the heavy motorway milers maybe not, it's too early to tell. If we have the charging infrastructure and ultra fast charge technology, it could rival H2 cars. It's hard to get over the charging at home overnight, that is a massive benefit.

I disagree totally. There won't be a winner and a loser in so far as the loser will disappear. We will see both, you will have a choice of an EV or a H2 car, the latter will cost you 5 times more per kilometer to run it. Demand will be for the EV, however, if there's not enough Lithium then market dynamics will take care of the rest and the BEV will cost a lot more than the H2 car in initial outlay. You can't say demand for EV's is down, period. Demand is most definitely up. The problem is companies like Honda and Toyota can't make them as cheap as the Chinese sell them, the result is people want Chinese EV's not expensive Japanese EV's that are inferior in every way to the Chinese offerings.

There’s no need to bribe as everyone passes. They simply teach you until they are happy you are no more of a risk than Somchai ego got his licence free with a bag of rice.

A few breakers/fuses wouldn’t go amiss

Nice thick wires, wired up beautifully.

There’s a problem with HFCV’s. Hydrogen costs about 5 times more than electricity. Wasn’t there another vehicle that was made out of carbon fiber and it disintegrated because it didn’t react well to changes in pressure?

I don’t think many EV owners are virtue signalling, especially if it was made in China where we know Muslims are locked up, convicts are killed and their organs sold or prisoners are used to make commercial products. I am sure the average EV owner has given some thought to range anxiety, batteries catching fire and other issues. But we have considered the risks and decided to take that risk. When we bought ICE cars we had similar worries about different things. I had a sports car that was a supercharged V8 and it knocked on startup until the oil was flowing. I sold it before the warranty was up because I worried about it. There are always concerns but it’s about understanding them and making an informed decision.

People with no experience with EV’s can think of 1,000,001 reasons not to have one. People who do have one generally think they’re wonderful and can discount all of those reasons. Ignorance vs experience.

That was a joke as I know you were recently looking for one.

The problem with old Toyota Vios, is the front windscreen have to be replaced