Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Electric vehicle war, is gas soon to be toast?

Street Pharmacist · 01-15-2023, 10:43 AM

A few really good tweets on EV's in China showing how much improvement in technology there's been, along with some crazy growth in China. That growth will be seen here too.

https://twitter.com/user/status/1614669588847001600

The range is increasing while costs are going down. The technology has lots of runway to improve, yet the cost trajectory remains the same

https://twitter.com/user/status/1564656819036987392

https://twitter.com/user/status/1564656839832240129

China is still a developing car market, so EV sales are incremental, not necessarily replacing ICE. Having said that, it's still a likely foreshadow of what we'll see elsewhere. Removal or lessening of generous inventives isn't really slowing this transition down.

https://twitter.com/user/status/1599850132484550656

BYD is rapidly mopping the floor with Tesla. Technology is almost as good and improving, costs are lower and quality is probably close too. This company came out of nowhere and sold more EVs (if you include plug ins) than Tesla. By next year, BYD will have sold more than Tesla in pure EVs.

They have plans of international expansion. OEMs are rightly concerned

01-15-2023, 10:43 AM	#1483
Street Pharmacist Franchise Player Join Date: Nov 2006 Location: Salmon with Arms Exp:	A few really good tweets on EV's in China showing how much improvement in technology there's been, along with some crazy growth in China. That growth will be seen here too. https://twitter.com/user/status/1614669588847001600 The range is increasing while costs are going down. The technology has lots of runway to improve, yet the cost trajectory remains the same https://twitter.com/user/status/1564656819036987392 https://twitter.com/user/status/1564656839832240129 China is still a developing car market, so EV sales are incremental, not necessarily replacing ICE. Having said that, it's still a likely foreshadow of what we'll see elsewhere. Removal or lessening of generous inventives isn't really slowing this transition down. https://twitter.com/user/status/1599850132484550656 BYD is rapidly mopping the floor with Tesla. Technology is almost as good and improving, costs are lower and quality is probably close too. This company came out of nowhere and sold more EVs (if you include plug ins) than Tesla. By next year, BYD will have sold more than Tesla in pure EVs. They have plans of international expansion. OEMs are rightly concerned Last edited by Street Pharmacist; 01-15-2023 at 10:59 AM.