vinny41
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Everything posted by vinny41
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Voting for overseas voters has been kicking around for a number of years now a number of private members bills have been submitted but never get adopted Generally Conservative MP's support Overseas voting for all and Labour MP's are against https://researchbriefings.files.parliament.uk/documents/CBP-8223/CBP-8223.pdf
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Tesla CEO Elon Musk said during the EV maker’s earnings call on Wednesday that he is concerned about the impact of high interest rates on would-be car buyers. "I’m worried about the high interest rate environment that we’re in," Musk told investors. "I just can’t emphasize it enough that for the vast majority of people, buying a car is about the monthly payment. And as interest rates rise, the proportion of that monthly payment that is interest increases naturally. So if interest rates remain high, or they go even higher, it’s that much harder for people to buy the car." https://www.foxbusiness.com/economy/elon-musk-says-hes-worried-about-high-interest-rate-environment-were-in Finance is tight! Set a high down payment of 30-40%. Pickup truck sales fell 45% last month. Financial institutions remain strict in approving loans due to high household debt. https://www.khaosod.co.th/special-stories/news_7930685 Majority of Car sales in Thailand are on credit (installments) i have been to showrooms where they will try everything under the sun to try and get you to switch from paying cash to buying on credit In the past the minimum down payment was around 15% but if there is any leeway on the price example discounts most dealers will apply the discounts against the down payment reducing the 15% down payment down to as much as 5% A high down payment of between 30-40% will affect all vehicles sales but I suspect will affect EV sales more as there isn't much discounting once the subsidy has been applied to the import price
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The change Toyoda is looking to advance is in regards to electric vehicles and navigating the industry moving forward. Akio stood down as CEO at the boards request because he was anti-EV and because of him Toyota lost years in the EV race. It’s not difficult to stay on as chairman when your family created the company, and you probably own a huge tranche of shares. American manufacturers are slowing down their production of EV’s because of price led demand & supply chain issues. They can’t compete with China, it’s the same in Europe. Demand for EV’s is accelerating massively, but people look at the price of excellent Chinese products and won’t pay 40% more for a local equivalent. In Europe there is a 10% tariff on Chinese EV’s and people are still finding local equivalents grossly uncompetitive and poorly equipped. I think in America a lot of it is supply chain issues. The first thing Tesla did with their money was secure their supply chain. With the Ford F150 lightning it’s a supply chain issue, Rivian have the same issue with massive demand but long order books, upto 4 years on popular configurations. IMHO the GM & Ford announcement is nothing more than spreading FUD to push sales of their ICE vehicles. It doesn’t bear out what’s happening worldwide. Pickup trucks are another ball game, it’s too early to say what will happen in that market, let’s see what happens when BYD enter that market next year. But if we look at sales figures in Thailand, EV’s are growing at a fantastic rate and people are leapfrogging Hybrids. As EV’s have improved, Hybrids have gone from being the best of both worlds to inferior to EV’s. People who don’t own an EV say the charging infrastructure isn’t good enough, here in Thailand that’s not the case, it’s a complete non-issue. GM exemplifies the dilemma many carmakers face. The early adopters who bought EVs have gone home and the remaining consumers are hitting pause on EV consideration amid economic uncertainty, the lack of a widespread and reliable charging network and continued higher prices for most EVs compared with gasoline-powered counterparts, https://www.freep.com/story/money/cars/2023/10/27/forget-the-strike-the-real-crisis-could-be-a-lack-of-demand-for-evs/71291494007/ If you divide the customer base into 3 sections you have 1) you have the early adopters ( EV enthusiasts ) who seem to have bought a EV not for climate change but mainly to get a supercar on the cheap as most of the posts on this forum seem to be focused on the 0-100 km such as the 3.8 seconds on the BYD Seal 2) The next group of customers are the undecided or the inbetweeners this group are thinking about EV but are looking at all the pros/cons of EV's they wouldn't jump on the EV bandwagon as quickly as the early adopters ( EV enthusiasts ) and are more likely to hedge their bets with a hybrid 3) The 3 group of customers are the die hard Petrol heads who aim to keep their petrol or diesel cars going for as long as possible and as we can see in some cases that can be 120 years Given high interest rates EV manufacturers will find it harder too sell to customer group 2 and no chance of selling to the die hard Petrol heads Next Year will be interesting times in Thailand as manufacturers have already indicated they wouldn't be able to compete price wise with the cars that are produced from Chinese manufacturing plants so unless the subsidy on EV is moved away from imported cars to locally produced EV will be much harder to sell Bottom line The bubble has burst on the Global EV market
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Akio Toyoda was re-elected as Chairman with the backing of 85% of Toyota shareholders As for hybrid's Michelle Krebs, executive analyst with Cox Automotive, says these concerns are common. And as a result, hybrids are much more popular with shoppers than all-electric vehicles. "About 11% of all new car shoppers look at EVs," she says. "About 20% of all new car shoppers shop for hybrids." https://www.npr.org/2023/02/24/1158306767/prius-toyota-hybrids-electric-car-climate-change GM on the same day said that it was delaying the production of its coming EV Ford said it was slowing down the production of its F-150 Lightning truck.
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The World's Top-Selling Automakers, Ranked Toyota Motor Corp. sold 10.48 million vehicles in 2022, keeping its title as the world's top-selling automaker for a third year. https://www.carlogos.org/reviews/worlds-top-selling-automakers.html Toyota has an important warning for electric vehicle enthusiasts Despite major investments in EVs, automakers have been sounding the alarm. https://www.thestreet.com/electric-vehicles/toyota-has-an-important-warning-for-electric-vehicle-enthusiasts
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And yet British Leyland produced so many classic cars that are still sought after 60 years later Jaguar E-type , Range Rover, Jaguar XJ6,Daimler Sovereign, Rover 3500, Morris Minor and the Mini It will be interesting to see how many EV's built between 2010-2023 will still be on the road and sought after as classic cars in the year 2083
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The Japanese auto market is one of the fastest-growing major markets globally. In H1 2023, passenger car sales in Japan grew by 27% YoY, according to the latest research from Counterpoint’s Global Passenger Vehicle Model Sales Tracker. Toyota held the top position in the domestic market, boasting a 50% share, followed by Suzuki and the Nissan-Renault-Mitsubishi Alliance. Japanese auto OEMs, namely Toyota, Honda, Suzuki, Subaru, Mazda, and the Nissan-Renault-Mitsubishi Alliance, collectively accounted for more than 90% of passenger vehicle sales in the country. Japan is the second country, after the US, where Chinese automotive companies have failed to make significant inroads. In 2023, BYD Auto, a Chinese auto OEM introduced its Atto 3 EV model in the Japanese market and only managed to sell around 1,000 units. https://www.counterpointresearch.com/insights_category/press-releases/
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Electric train users get goosebumps after listening to this. Rats chewed through the battery. Repair cost 600,000 baht. https://www.khaosod.co.th/special-stories/news_7932411 Some Brands use Iron, aluminium, carbon fibre for their battery covers this brand uses plastic this type of fault isn't covered by the warranty so owner either pays or claims from insurance
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Thailand needs to calm down it's rush to EV !
vinny41 replied to TorquayFan's topic in Thailand Motor Discussion
At the moment there is a 10,000 euro difference in producing an EV in China rather than the EU or the UK Currently there is a 10% tariff imposed on all cars entering the EU from China Even with the 10% tariff imposed it still works out cheaper for Brands to build in China and import VW, Tesla, BMW and Renault are already buildings cars in China for the European market citing lack of spare production facilities in Europe PwC recently predicted automakers will sell 800,000 cars imported into Europe from China. https://www.autonews.com/china/chinas-ev-exports-europe-will-soar-2025-report-says -
Read my posts did I say I would stop in the middle of the road NO
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It would be unusually to be driving on roads that are not flooded and suddenly without warning come to a flooded area if that did happen I would park up more so with an EV since the largest % of the cost of the vehicle is closest to the road now if I was driving a vehicle with 32 inch tyres I may consider driving through the flooded area
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I wouldn't drive in flooded water I would park somewhere until the water levels dropped
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Here they are stating and can drive through water as deep as 40 cm. #ATTO3 https://www.facebook.com/photo.php?fbid=243906628425844&id=100084195251877&set=a.116740184475823 On the Ford Ranger with standard tires they quoted the limit as being 800mm Personally I wouldn't drive through any flooded water as you unable to see any foreign objects in the water or if you go down a deep pot hole
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Battery Cover Metal or Plastic Metal AION, Neta, Tesla, MG Plastic ORA, BYD For BYD Dolphin, expect the same as Atto3 BYD Seal part is different because it is the first generation CTB. (The dormitory floor is a battery cover. It's metal.) https://www.facebook.com/groups/2389905174463399/permalink/6688624604591413 Is this quality control issue from factory, damaged by foreign object or Rat bite https://www.facebook.com/photo?fbid=890560152640217&set=pcb.890554749307424 In some countries you can get this product Rat Mat or Grid Guard Review Here Testing Out The Grid Guard Electric Vehicle Rodent Protection System Need access to 24/7 power supply ( No power outages)
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When I did a search it was only the English Israel Media outlets that were using the 50 number yes there was a number of non-English media outlets but forum rules state we ae not allowed to use any language other than English
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A senior European intelligence source tells AFP that he believes a maximum of 50 people were killed in the blast at the Al-Ahli Hospital in Gaza on Tuesday. https://www.timesofisrael.com/liveblog_entry/european-intelligence-source-tells-afp-a-maximum-of-50-killed-in-gaza-hospital/
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Who cares what the US estimate are they on the ground are they counting bodies simply answer is NO
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I don't think the time makes any difference these people are displaced nowhere to go pointless popping out to a restaurant that doesn't have any food or water
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Its only Israel media outlets that are using the 50 killed from an unamed senior European intelligence source Its similar to Israeli Ambassador To U.K. Says There's 'No Humanitarian Crisis' In Gaza https://news.yahoo.com/israeli-ambassador-u-k-says-145031385.html
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The Hospital was hit last Saturday I’ve been speaking to Canon Richard Sewell who is Dean of St George’s College - one of the Anglican Church’s top figures in Jerusalem. He says church officials understand that around 6,000 displaced people were sheltering in the hospital courtyard by the end of last week. The hospital says it was first hit by an Israeli airstrike on Saturday. That strike injured four people, after which around 5,000 people left the courtyard - leaving around 1,000 remaining there. 20:06 17 Oct Al Ahli hospital 'totally independent' of Gaza political factions https://www.bbc.com/news/live/world-middle-east-67119233 So yes before last Saturday there was 6,000 displaced people were sheltering in the hospital courtyard but after the 1st airstrike 5,000 moved to other locations
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bizarre again there are only 5 posts on this forum that have 800 in the content and none of them provide a media link where 800 is mentioned
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The initial number reported killed was between 300-500 my understanding is the final total is 471 Canon Richard Sewell, the dean of St George's College in Jerusalem, told the BBC that about 1,000 displaced people were sheltering in the courtyard when it was hit, and about 600 patients and staff were inside the building. https://www.bbc.com/news/world-middle-east-67144061