Electric Cars are now Biting into Gasoline Sales

[bradfordwhite]

According to Wolf,
Even though we're collectively driving more miles and with an increase in population, gasoline sales are falling after plateauing in 2018.

Other sources have pointed out how some auto manufacturers have made no or few preparations to electrify. Surprisingly companies such as Toyota, Honda, and Subaru could well end up bankrupt in just a few years. Something I would not have ever thought but apparently a majority of their stock holders are also holders of oil stocks and are trying to hold down progress.

The switch over to electric vehicles is looking more and more like it's going to be like how it was around 2005 with the switch over from tube tvs to flat panels. I remember going to a Circuit City around that time to shop, then coming back to the store about 5 months later and all the TVs were now flat panel models. It was incredible how fast it went.

China- the MOST IMPORTANT auto market on the planet, has basically made it impossible to register gasoline cars there and the biggest electric car makers, besides Tesla, are Chinese.

EVs Made the First Visible Dent into Gasoline Consumption | Wolf Street

 

[bradfordwhite]

 

[bradfordwhite]

Ford is a joke

 

[wayupnorth]

When I can go to a charging station and it charges full as quick as a gas pump fill up cheaper than gasoline, maybe I will consider it. But with the horrible charges for electricity here I refuse to listen to save the world. I look at save my wallet. There are no electric vehicles I ever see around here and with a 90% increase in my electric bill for the same KWH I used a year ago this month. Forget it, I am going back to burning wood for heat. I Refuse to turn to all electric until the cost is comes way down

 

[combo52]

The future is electric for most car owners

Most of us will never use charging stations very much that are going to drive electric cars.

You merely plug them in at your home and they’re always ready to go for several hundred miles.

It is far cheaper even at $.30 a kilowatt hour to use an electric car than to pay three dollars a gallon for gasoline It’s not even close.

It’s not surprising that companies like Toyota and Subaru are going to fall behind. These companies were never innovative. All they were good at is copying American in European technology

And unfortunately they’ve gotten too complacent and they haven’t been copying electric cars, the Koreans and the Chinese are going to get the bulk of the business in electric cars if Toyota and Subaru don’t get on board fast. Toyota sold. A lot of Prius is, but they should’ve only been making plug-in models. There’s no point buying a highbred that you can’t plug-in you’re just throwing your money away on gasoline.

John

 

[estesguy]

I agree with John in the fact that electric cars would work fine around town. But I think I'll wait until battery technology gets better and we can go at least 600 miles or more, between charging. My daughter lives 365 miles away, and I don't want to have to search out a charging station that may be the wrong type, broken, or waiting on someone else to get done using it. I just read a news story of a woman who lives in Cali, I think, that had owned an electric car for 3 years, but was thinking of getting rid of it for the reasons I listed above. If the goverment want to push this, they better hurry up and support the build out of charging stations far beyond where were at today. And will batteries ever get that good? I don't know, but when you consider what smart phones can do now, that used to take a room full of computers to do, I hope so.[this post was last edited: 5/12/2023-09:18]

 

[panasonicvac]

I think I'd rather just stick to hybrid if I wanted something more energy efficient. We had a 2012 Hyundai Sonata Hybrid that was awesome for us, wished we never traded it in.

 

[tolivac]

Toyota going under??I have one of their BZ4X electric cars and like it.A level one charger comes with the car(12A120V).The 240V level2 30A charger is optional.A list of charge stations came with the car.There are several in Greenville.Haven't tried them yet.Just plug in a home.Yes th Toyota car I have is a start-figure the tech will improve.Mainly with batteries.The car I have has a 355V 71kwhr Lithium battery pack under the floor boards.200Hp motor and converters under the hood.And--a conventioanl 12V LA battery for the 12 system.The 12V battery is charged from the 355 main traction battery.

 

[bradfordwhite]

#7

Yes, the BZ4X is made by BYD for Toyota. I commend you on your electric vehicle purchase.

BYD is a Chinese company, one of several electric car manufacturers in China's competitive market. Apparently they make some really nice vehicles that compete well with vehicles like Tesla.

I'm just wondering when they are going to start selling in the U.S.

News list

news-list

www.byd.com

 

[bradfordwhite]

More about the BZ4X and BZ3

First Toyota and BYD co-developed electric bZ3 rolls off the line in China for under $30K

The first Toyota bZ3 electric vehicle powered by BYD technology came off the assembly line this week in China. The...

electrek.co

 

[robbinsandmyers]

" China- the MOST IMPORTANT auto market on the planet "


 

Of course it is! Thats because its economy is booming now compared to what ours was because all our industry has gone there because we've been sold out by greedy CEO's and doosh politicians. This country used to be the most important auto market in the world for many years. Now all we're known for the last two years is a tanking economy, insane energy costs, a border wide open letting in the worst of the worst in world terrorists and underminers blending in with the " dreamers " and " birthing units ",  on top of bankrupting the federal govt laundering money to Ukraine,  shutting down so called dirty power plants here putting our insanely deficient electrical grid in even more jeopardy than it already is by adding more and more electrical vehicles to the burden plus appliances as well. Who honestly cares about well or important China is anyways? If they are its because we helped make it happen buying all their sub par shite. Im more concerned about whats happening here, and electric vehicle sales and wind/solar power generation are still a drop in the bucket. This country will be running on internal combustion and using gas stoves after we're all gone. The only difference will be if we're flying the flag of China or Russia by then and how much energy will cost us under Communist control. I'll keep my 750 mile range 23 year old turbo diesel Golf thanks. This country aint getting no gold stars lately.

 

[tolivac]

The car I bought was from the Greenville Toyotas stock.They are planning on stocking more of these cars.Will have to look in the doorjamb to see if mine was built in China.Its a very high quality vehicle.China can build some good things.

 

[bradfordwhite]

#10

China and India are important from the stand point that they are "modernizing" (driving cars vs riding bikes for example) things the U.S. outgrew decades ago. The auto industry in the U.S. is saturated, as are other similar industries.
And this goes for nearly every other European market. In fact, most of them are worse off.

It's also about growth of population per a country. The U.S. is still growing but it's growth is slowing. Other countries listed above are actually contracting in population. Japan is a good example.

And these are good things for the planet as there are way too many people crowded onto this finite planet already. When you hear certain members in the business community whining about population growth it's only because their old models of doing business don't work anymore.

It's all a tribute to how rich a country we COLLECTIVELY are. Don't let some sleazy politician or other boogy man try and imply that the U.S. is going bankrupt (and thus we must stop the meager amounts spent on food stamps) Those are just lies.

Even with the interest rates rising in the last year, something that is well over do and we need MUCH MUCH higher interest rates; but here we are a year later and still inflation is rising. That's how hot of a market we live in. That's how much money we have here in the u.s.

Petroleum will continue declining and that's great. We don't live for environment polluting oil companies, and certainly not the thoughtless investors of such.

It all comes down to demographics.

 

[sudsmaster]

Don't many electric cars use lithium-ion batteries? And aren't those something of a fire hazard?

 

One of my neighbors has a Prius. I had no idea it wasn't rechargeable. Another neighbor from a block or two away, parks their Tesla near here. They love their Tesla, or so I'm told.

 

[norgeway]

Its coming folks..

Just as people fought the coming of the gasoline car in the early 1900s, its the same now, Its the future.

 

[daveamkrayoguy]

About the only incentive I would have to go electric would be if I were to only drive it to and from work, or at least if this number was as affordable and capable to make a long road trip as my Jeep:

-- Dave

 

[qsd-dan]

Electric cars have a long way to go before equaling and surpassing an ICE with a price tag that's affordable to the average citizen and a small polluting footprint (recycling batteries). The load they will place on an already stressed grid, along with other appliance related items forced to switch over, will be the biggest challenge. Realistically, it will take 15-20 years for tech to catch up along with building a grid that can withstand the necessary electrical output.

 

[good-shepherd]

people fought the coming of the gasoline car

Who fought the adoption of gas powered vehicles, the buggy whip industry?

Were massive government subsides and incentives needed to convince people to give up their horse and wagons?

Was the government trying to force people into purchasing motor vehicles though bans on horse and buggies?

Was the government forcing horse and buggy manufacturers to build motor vehicles through regulations on the amount of horse manure each buggy produced?

 

[bradfordwhite]

Horse and buggies did end up having to be banned on public roadways because of the obvious incompatibility of such things with automobiles. Horses frighten easily with motor vehicles, they are slow, they die, the poop all over EVERYWHERE.... it's unacceptable.
Very similar today how human drivers and petroleum vehicles are no longer desirable on the roads. Robots and AI do a great job driving a vehicle and virtually eliminate all accidents.
What's the biggest problem with autonomous automobiles? It's humans driving and animals(including humans) interfering with the road way.

It's reasonably easy to eliminate animals and humans from interfering with roadways. It's getting a ban on human drivers that's essential.

Once that is put in place, think of how nice it will be to subscribe to a <span style="text-decoration: underline;">transport SERVICE</span>

instead of having to buy, drive, insure, fix, garage, clean, and be licensed to drive a vehicle.

AND you no longer need to be concerned about driving. I love it.

 

Plus getting the type of vehicle you need just be requesting it and only paying for what you need as long as you need it.