We keep being told that fossil fuel companies will be left with billions of dollars worth of stranded assets. But that could only happen if the whole world goes over to renewable energy, which does not look likely in China, India and Russia for a start. On the other hand supposing there is not a mass transfer to battery electric vehicles (BEVs)? Read more here:
Right now, the trend is strongly in favor of EVs for the simple reason have the potential to be completely pollution free while operating. This is the same as going from horses to cars in the past. Driving a car meant not having to deal with the horse manure. Now the similar manure is the pollution put out by cars. To stick with fossil fuels is pure folly.
ReplyDeletehttps://skepticalscience.com/2023-among-hottest-ever.html
ReplyDelete2023 will be one of the hottest years on record.
Internal combustion engine cars were an improvement and they gradually replaced horse-drawn vehicles because they became cheaper and were therefore chosen in a free market. I am not sure if this will happen with BEV's. They are still more expensive and there is a lot of worry about their range and the time taken to recharge. Cost of replacing batteries is another worry. They will need a lot more state intervention, which was never needed to replace the horse.
ReplyDeleteIts already here. Its at a very competitive price.
ReplyDeletehttps://electrek.co/2023/01/19/byd-seagull/
The BYD Seagull looks a lot like the venerable Chevy Bolt EV, but comes in at a literal fraction of the price… but with a fraction of the specs as well. As BYD expects to pass Tesla in Global EV sales this year by expanding its markets with significantly lower-priced vehicles, will we start seeing these hyper-cheap products outside of BYD’s home market of China?
For those of you looking for a Chevy Bolt except for a third of the cost and what turns out to be a third the power and less than half the battery pack, the BYD Seagull might be good for you… so long as you are in China or soon-to-be export market. Here are the important specs:
Dimensions: 3780/1715/1540mm with a wheelbase of 2500 mm
Battery: LFP (made by FinDreams) ~30kWh
Motor: 55 kW (75 hp)
Price: 60,000 – 100,000 RMB ($8,860 – $14,770 USD)
Release scheduled for April 2023
Interesting! I will wait and see how it shapes up with its range and battery life etc.
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