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Confusion of VIs

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Everything posted by Confusion of VIs

  1. No not yet for export, all they can make about 40,000 a month are being sold in China. However, it shows what is possible especially as the recent update of the Guang Mini EV increased its range to106 miles and reduced its price to $4,162. If the European companies don't get a move on they will be in terminal trouble when China does start to export say 15,000 Euro EVs.
  2. It's now an entirely different car, only the name has been retained, used because that supported the misinformation they wanted to promote. If anyone really wants an EV with a 70mile range they can buy one for less than their forecast price. The best selling EV in China has a range of 75m and starts from $5000, a third of the forecast price. If you read all of the article you posted you will see towards the bottom that it says the decline in battery prices have actually exceeded the forecasts used by the CCC. Whatever way you cut it that article was misinformation. NB The CCC's forecasts were generally complete rubbish but that's a different story.
  3. For most of the legacy manufacturers you have to have an annual service, to keep your warranty valid. They all have large dealer networks to support so no incentive to eliminate the annual service. However, I suspect before too long some will break ranks and start bypassing dealers to sell direct to their customers.
  4. You just have to find a car that suits your driving need. our first EV from was a second hand BMW I3, maximum range was about 100m but it did everything we needed it to, wife's daily commuting into London and weekend running about. In 2019 I replaced my car with a Tesla and have put over 50k miles on it. If you are doing 25k miles a year you still need a Tesla, at least until they open up their charging stations to other makes. If you are doing the average 7k a year almost any of today's EVs will do, all the infrastructure you really need is access to a 13Amp plug for overnight charging. NB I had to look up the Kangoo, I had no idea that you could get an electric van back in 2014
  5. Not for a Tesla. There are a few recommended items, HEPA filter change every 3 years, air con service every 4 years, brake fluid contamination check every 2 yrs (no one bothers with this, as it dates from the days when brake fluid absorbed water) just change every 4yrs. The legacy manufacturers do require but this is mainly because without this income their dealers would refuse to sell EVs.
  6. That's a mix of good (not letting the battery go to 0% or leaving it charged at 100%) and bad (always charging at Superchargers). I set mine charge mine to 60% (200m) and use a Supercharger if i am on a long trip. Never give range a second thought.
  7. Yea you might need a new one in say 500k miles. Mine has lost 1% battery capacity in 52,000m Only if you do relatively low mileage and are happy to plug it in every day, apparently most don't. If you can, better to hang on to your existing car for another year or two.
  8. Not super rich just wanted to take my wife to one of her favourite restaurants for her 50th. I doubt the reason the likes of Core are fully booked up is lack of staff. Also prices in most substantially up post pandemic. London's restaurants are clearly not suffering much if at all from the lack of the super rich.
  9. The top end restaurants don't seem to be struggling that much, I tried to book a table at Clare Smyth's Core last week and there wasn't any availability this side of Christmas.
  10. China is aggressively clamping down on carbon emissions, to the extent that some areas are now suffering from black outs. Almost half of China’s 23 provinces missed energy intensity targets set by Beijing and are now under pressure to curb power use. Among the worst hit are Jiangsu, Zhejiang and Guangdong -- a trio of industrial powerhouses that account for nearly a third of China’s economy It would be far better if Europe was able to produce enough solar panels/wind turbines to meet its own needs but until we can buying from China still makes sense as their payback time is only 2yrs for solar and 1 yr for wind.
  11. Prices will stay high until battery supply catches up with demand. At the moment why would companies put their batteries in a £15k car when they could put them in a £50k car.
  12. That's just another example of the misinformation produced by the fossil power lobbyists that you and the Telegraph seem keen to lap up. The Nissan Leaf introduced in 2010 came with a small battery giving a range of only 73miles, over the years it has been comprehensively up graded and had a full redesign in 2017. The current base Leaf has a range of 170 miles, over 30% more power and fast charging ability that the original lacked. So an apples and oranges comparison that also ignores the fact you can get over £5,500 discount on the base Leaf, so an Ex VAT/discount price of around £17,000. BRAND NEW - IN STOCK Nissan Leaf 40kWh Acenta Auto 5dr £23,495
  13. What % of the electorate do you think have any idea of the complexity and reach of modern trade deals and can you think of anyone, who matters, that will give us a simplistic free trade deal. Perhaps it is just as well for Boris that he cannot get a US trade deal. I am pretty sure the electorate will not like all the bolt-ons that will be required to seal the deal. The far reaching alignment with US standards required and the secret courts that can make secret judgements against us will come as a bit of a surprise and make the ECoJ look quite cuddly by comparison. I have always thought we need to kick the US deal into the longest grass we can find, once we start negotiating we will be committed to agreeing it on US terms. Trying to pull out will lead to unilateral US action to rebalance what they already see as our current over-favourable trade terms.
  14. It has been obvious this is coming for a while, naturally they want to give the digital Yuan a clear run. Will be interesting to see what happens to all the BC held by the Chinese, will they sell up (can they legally?) or keep their heads down and hold onto their BC.
  15. Maybe not £45bn but pulling out of a contract for convenience is usually very expensive. A reasonable claim would be for any work done to date (which Oz says they have paid upfront) plus all of the potential lost profits. As you indicate it will come down to how the contract was constructed but that is not as simple as it seems, as a court will consider "reasonable expectations" when deciding how it was intended to operate. I imagine France will want to cause maximum embarrassment for Morrison come election time.
  16. Probably also a bit short of money, the Telegraph is reporting the French will be claiming £45bn for breach of contract.
  17. China is deploying renewables as fast as it can first it was Nuclear, then Solar and Wind. Over 100GW of Wind and Solar was deployed in China in 2020, with almost as much in terms of panels and turbines sent for export. It's solar production is growing at 60% pa and Wind at 30% pa. Having said that it continues to act in its own interest. Its decision to stop funding coal plants just accepts the reality that in most of the world it is no longer possible to make a case for coal, they were already switching to funding renewables with $44bn of funding in 2020. That calculation flips when fossil fuels become the more expensive option, as it already has for most of the world.
  18. Presumable the 150 he has available for asylum seekers are currently unoccupied. So he evicted all his tenants and then couldn't sell?
  19. 😁😁😁 I can just see Boris standing up at COP26 and announcing that. Why are you so obsessed with Nuclear, there is no prospect of it making any meaningful difference and if anyone was daft enough to invest £20bn in a new plant by the time it came onstream its electricity would be hopelessly uneconomic. Tidal at best (full Seven Barrage) would add a couple of GW.
  20. Lithium battery recycling is going to be a huge industry. Already several companies have refined the process sufficiently to achieve near 100% recycling. This is a good explanation from one company for anyone interested in the processes being developed. The New Era of Recycling Lithium-ion Batteries - Bing video Other companies developing similar processes include Tesla (already recycles 100% of scrapped batteries) and Redwood Materials (achieves 98% recycling of smartphone batteries) Amazon and Ford have invested in it to enable its expansion to the scale needed to process automotive batteries. American Manganese was probably the first large scale recycler (I invested in this over a year ago) Sustainable Lithium-ion Battery Recycling - American Manganese Inc. Much less intensive than mining so you need to add in a negative number to the carbon budget. Lots of people are doing it, why do you keep making assumption about things you cannot be bothered to find out about.
  21. People keep getting het up about all these supposed shortages without accounting for them driving research into better and cheaper alternatives. This time last year silverbugs were getting excited by forecasts that all of the worlds production and store of silver would be needed for solar panels. Last month the first commercial solar cell that replaced silver with copper was announced and as a bonus set a new world efficiency record for single layer cells. Bad news for silverbugs good news for everyone else. Almost every aspect of the wind turbine industry is at the cutting edge of technology so much so it is impossible to say which technologies/manufacturers will win out (for that reason I haven't any investments in wind power). Future wind turbines may replace the permanent magnets with superconducting ones that require no rare earth materials. U.S. Seeks Superconducting Offshore Wind Generators - IEEE Spectrum I say may because even as commercial superconducting wind turbines become reality newer technologies look like they may be able to leapfrog them. The Troubled Quest for the Superconducting Wind Turbine - IEEE Spectrum https://www.magnomatics.com/renewable-wind-energy Even the old world tech is being constantly refined
  22. The initial reports talked of creating thousands of jobs in the UK, which made the papers assume it meant building the subs. By the next day this was rowed back to protecting hundreds of jobs which indicates little work is coming our way.
  23. Coincidentally, he was a neighbour of mine for a couple of years when I first moved to London, I only saw him once as he was already on the way to becoming a recluse only occasionally leaving the flat for work.
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