Posted on 02/21/2019 7:25:58 AM PST by Moonman62
China, The World’s Largest Auto Market
In the world’s largest auto market, China, total light duty vehicle (LDV) sales declined in 2018 relative to 2017. This was the first year-on-year drop since 1992. Yet, in this shrinking overall auto market, EV sales (including BEVs and PHEVs) almost doubled in volume to 1.1 million, from 600,000 in 2017.
Europe, The World’s 2nd-Largest Auto Market
The European auto manufacturers’ association reports a very similar picture (here we are counting the EU plus the European Free Trade Area). Although total LDV sales very slightly increased in 2018 (17.75 million) over 2017 (17.68 million), more than 100% of that increase was from EVs, which had 408,000 sales in 2018, up from 307,000 in 2017 (figures from EV Volumes).
USA, The World’s 3rd-Largest Auto Market
Total sales of light vehicles in the USA in 2017 were 17.230 million, and increased fractionally in 2018 to 17.274 million (figures from marklines). EV Volumes estimates 360,000 EV sales in 2018, up from 200,000 in 2017. That means that — taken on their own — combustion vehicle sales fell from 17.03 million in 2017 to 16.91 million in 2018.
(Excerpt) Read more at cleantechnica.com ...
Two-thirds of electricity is generated from “fossil fuels”, so wouldn’t that still make EV’s “fossil vehicles”, too?
Its not about me. And its not about the USA.
Simon Moores, managing director, Benchmark Mineral Intelligence, testified before the U.S. Senate Committee on Energy and Natural Resources on Tuesday.
Moores was summoned by the Senate Committee to testify on the lithium, cobalt, nickel and graphite supply chains for energy storage.
“Benchmark Mineral Intelligence is now tracking 70 lithium ion battery megafactories under construction across four continents, 46 of which are based in China with only five currently planned for the US. When I gave my last testimony in October 2017, the global total was at 17,” Moores said.
http://www.mining.com/battery-megafactories-buildout-nickel-demand-19-fold-benchmark/
That growth from 17 to 70 lithium ion battery megafactories is a forecast of how high and fast the build out of electric cars will be in the 2020’s and how hard and fast the demand for oil will fall. China intends to dominate that trade. The US has only 5 of these megafactories in the production and planning stages. Thank you Elon Musk.
Bunk. The general public will not accept hours long recharge times. EV’s may make a nice second car but not a car for road trips and general purposes. It is not a car where the temps go below 0 and above 90 with humidity. AC and heat greatly reduce range. In sunny CA it may be a good car.
Trump’s Department of Energy just started a recycling program for lithium batteries to help avoid any problems with supply.
Bunk. The general public will not accept hours long recharge times.
...
A lot of people recharge in their garages overnight. In some places they can recharge at work. I’d rather do either one than go to a gas station.
Don’t overlook the positives.
Fine, if it actually reduces demand for gasoline then prices of that fuel will go down. A win for me.
I’m not disagreeing with you. Most of the electric car business is going to be overseas in europe and asia. the way the game is being played now the USA is going to be a minor player in very large business. that’s the meaning of all the gigafactories going up at scale everywhere but the USA.
Heck, for the sake of your own good name you should research big auto maker plans in europe usa & asia for electric car. the electric car battery makers are only keeping up with what they see as perceived future car demand based on big car maker planned roll outs.
The world changed wildly last year. please adjust your opinions accordingly. Again it ain’t about me or you for that matter.
Right here right now its only about keeping a good score card when you’re at a baseball game—or at least reading the big signs with the scores at the back of the stadium.
It is not just that. A gallon of gas contains the equivalent of 33.7 kwh. An 85 kwh tesla battery weighs 1200 pounds which is almost a third of the weight of the vehicle and several times the typical load that is being transported. All this for the equivalent of 2.5 gallons of gas, that is when the battery is new, and you cannot discharge lithium ion batteries all the way or they are permanently damaged.
And currently the materials in lithium ion batteries cannot be recycled economically. It costs ten times as much as using freshly mined materials.
Electric powered vehicles currently make sense in certain applications under specific circumstances. A very light car or scooter with very limited range and limited speed for in town use, something like a golf cart in a retirement center in Florida... yes that makes sense. Or a fork lift in Costco or Home Depot... makes sense. Virtue signaling for a single guy looking for sex from a leftist nitwits... makes sense. Primary vehicle for a family even with massive government subsidies... no way.
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