What's with the title?! Here's my alternative: China's EV boom makes a dent in fossil fuel consumption.
this post was submitted on 29 Nov 2024
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It's Bloomberg. A rag for capitalists, by capitalists. Less fossil fuel use is bad for them because it hurts their portfolio.
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The biggest threat China presents to fossil fuel consumption is future economic growth. Putting 1.4B people into ICE personal vehicles would be a nightmare.
Their battery tech is going to spare the globe generations of future consumption. They're doing what Americans should have done 20 years ago, taking ICE engines off the market before they're built.
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westoid media isn't allowed to admit China does anything good, so they have to frame everything negatively. Alternative possible headline would also be, "China's EV boom makes a dent in fossil fuel consumption, but at what cost?"
Do you know what the word “threatens” means?
You obviously don’t know how fast China’s been manufacturing cheap EV’s and solar panels. There’s a reason oil lobby owned politicians are trying to ban them from being imported.
I may have heard.
Can we also curb those big fat ugly SUVs in the rest of the world? They are not only more polluting but infinitely more dangerous.
EVs are such a mess in North America. Unless I want a Tesla it feels like I can only get gigantic SUVs or expensive luxury cars.
I just want to replace my Mazda 3 with an electric equivalent
Chevy Bolt and Nissan Leaf come to mind.
I was so excited when I heard Mazda was making an electric vehicle. But what they made was a joke, not even 100 miles on a charge. I also want to replace my 3 with an electric of the same size.
I understand what they were going for. Batteries are heavy, so keep the car light and nimble and completely impractical as anything but a local commuter.
It’s intentional sabotage by the oil lobby.
I don't know why everyone forgets one of the first EVS. Look at getting a Nissan leaf, they are awesome.
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- Renault Megane E-tech Electric
- VW ID.3
- Volvo EX30
And there's quite a lot more brands with EVs in that size bracket coming out in the near future
Sadly none of those are available in the US except the EX30, and the starting MSRP is literally double that of something like the Mazda3 the OP mentioned.
I wasn't aware that both the VW and Renault wasn't available in the US... That sucks. But yeah, the MSRP for EVs are generally quite a bit higher, but that goes for pretty much every size of car, but that is only a tiny bit of the whole picture. I also didn't know the price disparity was that big in the US for the Mazda and Volvo... But when you are looking at EVs you really need to look at the service and fuel/electricity costs too.
I live in Denmark, so obviously my experience will be very different. I recently switched from a Ford Fiesta 2016 (5-door hatchback, gasoline, medium-high trim) to a Hyundai Ioniq 5 (fully electric, crossover SUV, top trim), and I drive about 30,000 km per year (~ 18600 miles). And when you factor in the cost of the car loan, the service subscription, the insurance, and fuel costs, then the much larger, and much more luxurious Hyundai Ioniq 5 comes out to costing me about the same per month.
I did all the math before we bought the Ioniq 5, but unfortunately don't have all the numbers handy anymore. But the main factors are the MSRP cost and the fuel costs
Ford Fiesta 1.0 100 hp Titanium Fun (2016):
- Price 160,000 DKK (~ $22,690), Loan came out to 1790 DKK per month (~ $254)
- Gas costs per month ~ 2,200 DKK (~ $312)
- Sum per month 3,990 DKK (~ $565)
Hyundai Ioniq 5 Long Range Ultimate (2023):
- Price 405,000 DKK (~ $57,434), Loan comes out to 3559 DKK per month (~ $505)
- Electricity costs per month ~ 400 DKK (~ $57)
- Sum per month 3,959 DKK (~ $562)
So even though the cost was 2.5 times higher, it was about the same to own and drive. I have no idea how that math works out with gas and electricity prices in the US.
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No they need to also be pushed off a cliff.
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Do it
Primary reason I don't understand the call for "drill baby drill". We'll end up with oil and needing to sell it for much cheaper than anticipated because the demand is low.
Ya I always hate when people say, "We'll always need oil!". I mean, maybe ya, but for every time we convert a car, or power plant, to electricity, or stop producing some plastic product, that reduces the overall demand. It's a good thing!
We will for a long time, but the less we need the better. At some points we will replace plastics etc. But we don't have enough alternatives that make economic sense yet.
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It's a nice graph, but it's only a projection and I've seen those go to shit before.
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