Do it
this post was submitted on 29 Nov 2024
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no it doesn't
What's with the title?! Here's my alternative: China's EV boom makes a dent in fossil fuel consumption.
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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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.
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Sometimes China does good things.
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
It’s intentional sabotage by the oil lobby.
- 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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Renault is a good brand, but unfortunately for me and my fellows they're not in the US market. There was talk of them coming back into the market (or was it Peugeot, maybe both?) a few years back but apparently that fell through. I know both Renault and Peugeot have a presence in Mexico but (even before Trump's threatened tariffs go through) importing cars (especially new cars) from outside the US as anyone other than a licensed dealer can be really cost prohibitive.
Damn, I didn't know that Renault wasn't in the US market...
They were for a while in the 1970's through the 90's (I think), but it was in partnership with the American Motors Company. When AMC went bust, Chrysler bought them out and ended the contract.
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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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Polestar
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No, they will be even cheaper and easier to run.
No they need to also be pushed off a cliff.
Russian tears
That's very good for them. I'd also like to see them going less dependent on energy for production facilities they import from like Kazakhstan where they just burn coal. As the world's first, leading factory, they are able to set the trend for everyone else.