Total Pageviews

Friday, May 21, 2021

"A bust to the EV growth projections may be in the making"

Source:

"With a simple stroke of the pen, Governor Newsom believes he has the power to change the lifestyles of all California residents, and control the supply-demand balance for societies and the economy’s transportation needs.

Since half the electronic vehicles (EVs) in the entire country are registered in California, the troubling news is that there may be warning signs about a bust to the EV growth bubble, as the statistics from California demonstrate that:

    The highly educated and financially well-off are currently the primary owners of EVs.

    EV usage being slightly more than 5000 miles a year is a reflection that the EV is a second vehicle and not the family workhorse vehicle.

    The growing percentage of EV owners who are switching back to gasoline cars is a message that may deflate EV growth projections.

    The larger and heavier gasoline driven SUVs are currently half of the new car sales.

Governor Newsom apparently did not read the required reading for the next EV owner, “Drawbacks of EVs,”

before he announced on September 23, 2020, an executive order to ban the sale of gas-powered vehicles by 2035.

He is directing the state to require that, by 2035, all new cars and passenger trucks sold in California be zero-emission vehicles.

Maybe the residents of the other 49 states that collectively make up the other 50 percent of EVs in America (approximately one percent per state)

have read what California Governor Newsom has not comprehended from the following drawbacks of EVs provided by Motor Junkie:

20. Short Range Anxiety.
Range anxiety is the number-one factor when it comes to EV downsides. ... modern electric vehicles are still range-limited due to their small capacity batteries. ...

19. Long Charging Times.
... Putting the fuel in your car only takes a couple of minutes compared to charging your vehicle overnight.

18. Trip Planning Problems.
... You cannot plan a fast trip in an electric car without knowing the location of charging stations. You will also need to know the estimated duration of charging or supercharging.

17. Mostly Good for Urban Use.
The EVs range is longer if you drive in the city. (there) are far more charging stations in metropolitan areas.

16. Not So Environmentally Friendly.
... the process of making a big chunk of lithium-ion batteries from the exotic minerals and metals mined in foreign countries, as well as their disposal, is polluting since they are not recyclable.

The weakest link to EV growth is the material supply chain.

There may not be enough minerals and metals in the world to achieve the planned EV growth.

15. Too Expensive.
... Although there are affordable models like the Volkswagen Golf E or Nissan Leaf, electric vehicles still cost significantly more than models that run on fossil fuels.

14. Repair Difficulties.
... Regardless of the type and the model, all-electric vehicles require specific maintenance and service procedures as well as extremely high safety standards.

...

12. Cold Temperature Issues.
Where the winters are cold and snowy, cold weather battery drain can be a big problem for everyday use. ...

11. Low Top-Speeds.
The top speed of the Golf E or Kia Soul EV is limited to below 100 mph, for instance.

10. Highway Driving Consumption.
The advertised range that many manufacturers brag about is the average or city driving figure.

... the highway range is much smaller, sometimes up to 50 percent less.

...

8. Ease of Tracking Your Movements. Those systems are designed to track your driving habits, locations, charging points, and so on. Are you sure that you want your every move to be recorded on a server?

...

6. Threatening Existing Economy Models. ... think about ... all the companies that make fuel-related products, such as engine parts, fuel injection systems, transmissions, and drivetrain components. All those companies, and millions of people, will be out of a job ...

...

4. Practically Unusable in Third World Countries and Markets. ... electric vehicles in other areas are nonexistent. Even China, the world’s biggest market, has a hard time implementing any initiatives for electric cars.

...

1. A Hard Sell.
Most drivers lease their electric cars and then return them to the dealer after a few years to get a new model.

However, those people who have bought electric vehicles could experience great difficulty selling them on the used car market or trading them in at the dealership."