Latest carmaker to scale back its EV ambitions amid slowing sales

[hotchilli]

4 minutes ago, thaibeachlovers said:

Wait till they try to sell them.

They will command a higher than usual second hand car estimated value, like all the other models do.

[motdaeng]

6 minutes ago, Eloquent pilgrim said:

The consumers are speaking, and it is happening worldwide; the EV market in the UK is in utter chaos, but still the deniers cling to their delusions 

 

luckily the uk is not the centre of the world ... and does not represent the world ev market ... 

 

on the other hand, thailand has a good charging infrastructure, cheap electric prices, big choice of bev in every price range ... 

 

in norway, 94 % of new cars sold in august have been bev ... it looks like a lot of people have a different mindset to the subject electric cars. the big difference is also, this people own an ev's and know what they are talking about, compare to most of the negative posters here ...

[thaibeachlovers]

Keep telling us how great EVs are

 

 

https://insideevs.com/news/672926/china-abandoned-electric-car-graveyard-byd-geely/

See China’s Abandoned EV Graveyard: Thousands Of Cars Rot In Huge Fields

 

Loads of other sites about it. Just google "unsold EV cars in China"

[JBChiangRai]

31 minutes ago, soalbundy said:

I don't think EV's are the way forward, if every driver had one the grid couldn't handle it. There are alternatives in the making with hydrogen engines being one of them.

 

27 minutes ago, thaibeachlovers said:

I've been banging the hydrogen drum as long as EVs have been on the agenda.

All the benefits of a non polluting vehicle with none of the down sides of EVs.

 

IMO EVs are going the way of Beta VDO machines.

 

LOL, do you want to pay 3-5 times as much per kilometer with Hydrogen?  Maybe double that allowing for profit and taxation.

 

 

[JBChiangRai]

21 minutes ago, thaibeachlovers said:

Keep telling us how great EVs are

 

 

https://insideevs.com/news/672926/china-abandoned-electric-car-graveyard-byd-geely/

See China’s Abandoned EV Graveyard: Thousands Of Cars Rot In Huge Fields

 

Loads of other sites about it. Just google "unsold EV cars in China"

 

That post has been debunked multiple times already on this forum.  Ride sharing companies went bust.

 

 

[watchcat]

27 minutes ago, hotchilli said:

Secondhand car values in Thailand are never that low, they are crazy high

 

I think he was talking about EV's

[JBChiangRai]

8 hours ago, Stargeezr said:

In Canada, being a large country, EVs are good for an in town, or in city vehicle.

  Until they can go over 1000 kms with the AC or heater on, I will never buy one.

Another reason is that Canada does not have enough charging stations built yet.

I imagine that Thailand is the same, as there are a lot of people in that country, and can they

all get their car charged when they are away from their homes?  I am glad to see the factories, and companies are

backing off their production. If the countries do not have the infrastructures ready for EVs, then

it is foolish to keep building these espensive vehicles.  I am not a fan of car fires as well.

 

 

Thailand has an excellent charging infrastructure.  It's not like gas stations, the nearest you will need to your home is 150-250km away.  On the highways there are fast chargers every 20-30km away and most hotels now have charging stations.

 

50 minutes ago, gargamon said:

And they don't charge very well in the cold. 

 

Tesla issue a warning with their cars in cold climates, don't park the car up with less than about X% battery remaining.  The car won't charge at very cold temperatures and that X% is needed to warm and pre-condition the battery to enable charging.  People in Canada have had problems because they didn't RTFM.

 

47 minutes ago, Eloquent pilgrim said:

The consumers are speaking, and it is happening worldwide; the EV market in the UK is in utter chaos, but still the deniers cling to their delusions 

 

Except it isn't, the UK had its highest share of EV's as new vehicle sales for over a year in August, 23%.  Thailand the same with 15% (7 consecutive months of increases), Norway now 94%.

 

The only denier is you, and not so eloquently, if I may say so.

[JBChiangRai]

36 minutes ago, hotchilli said:

Secondhand car values in Thailand are never that low, they are crazy high

 

7 minutes ago, watchcat said:

 

I think he was talking about EV's

 

And he was wrong about EV's.  They depreciate no differently than ICE cars.  Check out one2car.com

[Ralf001]

20 hours ago, JBChiangRai said:

You can buy the Toyota b_Z4x in Thailand or you can spend considerably less than half as much and get a superior car with the BYD Atto 3.

 

Nobody wants a Toyota EV, their Thai sales numbers are appalling.

 

 

Hahahahaha, you think chinese garbage is superior than japanese quality.

 

Put down the bong Bro... its messin with ya head !

[JBChiangRai]

11 hours ago, rocketboy2 said:

 

I'm, waiting for the buy one, get one deal. 

It can't be far away.

 

It's funny you should say that.  We are possibly heading into the best time ever to buy a Chinese EV.

 

Under the terms of the subsidy, manufacturers must build a proportionally greater number in Thailand than they imported and sold.  The whole car market is on its knees in Thailand, whilst EV's are outperforming ICE in terms of continuous growth for market share since February.  Manufacturers may be fined if they don't hit their targets of locally produced vehicles sold, the fines are huge, you may see discounts of up to 30%, possibly much more.

 

45 minutes ago, soalbundy said:

I don't think EV's are the way forward, if every driver had one the grid couldn't handle it. There are alternatives in the making with hydrogen engines being one of them.

 

The average EV consumes 4KwHr's of electricity per day.  Much less than your air con.  The grid can easily cope.

 

3 minutes ago, Ralf001 said:

 

 

Hahahahaha, you think chinese garbage is superior than japanese quality.

 

Put down the bong Bro... its messin with ya head !

 

Swiss bankers UBS paid a firm of engineers to strip down a BYD Seal and report on its quality and technology.

 

Their report warned the motor industry that not only was the quality up there with the very best, also the technology was at least a generation ahead and legacy automakers couldn't make a competitive car at the cost BYD were selling their Seal retail.

[Woke to Sounds of Horking]

[JBChiangRai]

17 hours ago, gargamon said:

Nobody is ever going to say their million plus baht expenditure on an EV, or anything else for that matter, was a mistake.

 

Worldwide trends show EV demand is cratering and the much more versatile plug in hybrid is taking the lead.

 

Is that why I bought 4 of them over the last 3 years?  5 if you count a PHEV.

 

Subsequently 2 sold at amazingly little depreciation.

[hotchilli]

21 minutes ago, watchcat said:

 

I think he was talking about EV's

The same answers will apply, they will not plummet as some have said.

They will remain inflated as other brands.

[JBChiangRai]

Just now, Woke to Sounds of Horking said:

 

No Cobalt or Nickel in any of our EV's.

[mfd101]

We are told that hydrogen is the future. Hope so. Still some years away before practical for everyone. When that happens I'll probably abandon my petrol-driven Mazda ...

[JBChiangRai]

3 minutes ago, mfd101 said:

We are told that hydrogen is the future. Hope so. Still some years away before practical for everyone. When that happens I'll probably abandon my petrol-driven Mazda ...

 

At the risk of being repetitive, by all means drive Hydrogen, you will pay around 5 times more per km.  The enclosed graphic assumes the Hydrogen producer charges cost price, the distribution charges cost price and the government doesn't tax it (good luck with that!).

 

 

[mfd101]

2 minutes ago, JBChiangRai said:

 

At the risk of being repetitive, by all means drive Hydrogen, you will pay around 5 times more per km.  The enclosed graphic assumes the Hydrogen producer charges cost price, the distribution charges cost price and the government doesn't tax it (good luck with that!).

 

 

And this cost structure will never evolve over time?

[JBChiangRai]

1 minute ago, mfd101 said:

And this cost structure will never evolve over time?

 

It can't very much.

 

You start with electricity and you end up with electricity in your Hydrogen car.

 

You may improve efficiencies a small amount, but it's much more efficient to put it in batteries.

 

There's a 33% loss making Hydrogen, 2/3 makes Hydrogen and 1/3 of the power makes Oxygen, splitting the molecule 2 x H₂0 to 2 x H₂ and 1 x O₂

[motdaeng]

this reminds me of what was said about solar panels many years ago: not worth it, technology not mature, too expensive, loss of value, etc.

 

electric vehicles will be part of our future mobility. there could be other solutions in the future, but for now, bev's are a good alternative to ice vehicles. i was surprised to see transport companies (in eu) investing in big electric trucks (40t) and successfully using them in short- and long-distance transport. these companies must think economically and long-term, yet they are still investing in ev mobility. skeptics should ask themselves why this is happening.

 

bev's are not for everyone. bev's won’t save the world’s climate, and like ice vehicles, bev's have also disadvantages. however, bev's technology has much more potential compared to no much potential for improvment for ice . bev's make sense for many people (over 40 million worldwide and rising), so why don’t bev's skeptics get first hand information from experienced bev's owners or take a free test drive at one of the many dealers here in thailand... 

[Celsius]

People living in mooban which is known to house some of the most intelligent people buying Chinese junkorama are dishing out advice about "quality" EV cars.

 

Man, most of the EV cars will be dead weight after 5 years. Servicing these cars after 1 thing breaks down will be above anyone's budget in "mooban" ROFL

[JBChiangRai]

1 minute ago, Celsius said:

People living in mooban which is known to house some of the most intelligent people buying Chinese junkorama are dishing out advice about "quality" EV cars.

 

Man, most of the EV cars will be dead weight after 5 years. Servicing these cars after 1 thing breaks down will be above anyone's budget in "mooban" ROFL

 

A well thought out and eloquently argued post with lots of references to back it up.

[Celsius]

26 minutes ago, JBChiangRai said:

 

A well thought out and eloquently argued post with lots of references to back it up.

 

yeah...you should stick to mooban research papers

[motdaeng]

18 minutes ago, ExpatOilWorker said:

You are right, solar panels and EVs have some much in common. 

 

we’ve missed you, our firefighter and old BMW driver… where have you been hiding all this time? 

[JBChiangRai]

1 minute ago, motdaeng said:

 

we’ve missed you, our firefighter and old BMW driver… where have you been hiding all this time? 

 

I'm going to guess "under a bridge"

[Patong2021]

22 hours ago, redwood1 said:

EVs are stupid.....They can hardly give them away...

Automatic transmissions were ridiculed too.

There was resistance to seatbelts and the auto industry fought until the late 1980's against airbags.

Today's fuel economy standards were forced upon the auto industry, but have come to be greatly appreciated as fuel prices spiked.

And so it goes.

 

[Mr Meeseeks]

17 hours ago, Phil1964 said:

Vauxhall's EV Mocha range are now being offered for nearly 50% of their list price, (£20k - £22k GBP v £38k to £44k depending on model spec), on CarWow. 

 

Who in their right mind would buy a Vauxhall (GM) EV?

 

It's Chinese or Tesla at this point (super luxury like Lotus and Porsche notwithstanding). 

 

People slating EVs don't seem to realise that in just a few years you will have batteries that will be so powerful that 1,000kms+ range will be the norm, and they will take 5 minutes to charge. 

 

It's coming, and ICE vehicles will be consigned to the past. It will happen fast too, just like the transition from horse to the car.

 

EVs are part of the next great transport and logistics revolution.

[Mr Meeseeks]

It's like people that resisted getting an iPhone and hung on to their Nokia, Blackberry, or Sony Ericsson, claiming it was 'better' and iPhones were just a fad. 

[vinny41]

3 hours ago, hotchilli said:

Secondhand car values in Thailand are never that low, they are crazy high

Not anymore

there are used car dealerships that have had to close and some have resorted to selling cars at a loss

Majority of tents wouldn't touch EV's as they could buy in an EV and then the brand reduces the new car price by upto 50%

and almost impossible to obtain finance on used EV's for the same reason

[JBChiangRai]

14 minutes ago, vinny41 said:

Not anymore

there are used car dealerships that have had to close and some have resorted to selling cars at a loss

Majority of tents wouldn't touch EV's as they could buy in an EV and then the brand reduces the new car price by upto 50%

and almost impossible to obtain finance on used EV's for the same reason

 

Strange that lots of tents are advertising EV's on One2Car.

[vinny41]

1 minute ago, JBChiangRai said:

 

Strange that lots of tents are advertising EV's on One2Car.

Yes they buy them from auctions at rock bottom prices 

and some of them are listing them at prices higher that what you can get a brand new one for

recent article in the media

8 Chinese carmakers aim to propose EV3.0 terms adjustments, the cause of the “EV price war”

However, there is an idea to propose to the government to adjust the conditions for compensatory production, where companies participating in the EV 3.0 measure must produce 1.5 times the amount previously imported for sale, because the current market situation is in a severe slowdown. When production in Thailand began, it could not be sold and could not be exported anywhere, resulting in a lot of stock remaining, so prices had to be reduced to clear the products.

“Now that the market situation is bad, operators have no choice but to reduce prices because if they join the measure and do not produce, they will be fined, which is more than 500,000-600,000 baht per vehicle. Therefore, it is better to reduce prices rather than being fined. 

https://autolifethailand.tv/chinese-embassy-ev-price-war/