5 Reasons Electric Cars Won’t Reduce Oil Consumption Anytime Soon

Discussion in 'Commodity Futures' started by OddTrader, Aug 10, 2017.

  1. Overnight

    Overnight

    Can a battery be made without fossil fuels? Hmm!

    A poser.
     
    #31     Aug 14, 2017
  2. Compare that with an annual car sales of 88 million and you notice how insignificant these numbers are. An awful lot more needs to be done to replace all gasoline cars currently on the road worldwide with electrical cars.
     
    #32     Aug 14, 2017
  3. Turveyd

    Turveyd

    Confused as hell, they did the research, they optomized the strain for max growth, they setup small scale testers, which more than proved the concept 10years back, an Airline even started running it's jets on a 50% mix. Then it just stalled.

    Need Elon Musk to jump on it, then all will follow, it will happen when people finally realise packng cars with 1000s of 18650 cells isnt the answer, which it really isnt, other than for shirt distance stop/start inner city use.

    Can you run Jets on batterys when the oil runs out? NO
    Can batterys make rubber for tyres, plastics, fertalisers? NO
     
    #33     Aug 15, 2017
  4. Turveyd

    Turveyd

    Interest got lost in Algea about 2012 area, when Oil prices dropped off sharpy.

    It'll come back, later when prices increase and supply starts to slow.
     
    #34     Aug 15, 2017

  5. expect a "S Curve" to electric growth. same as ICE.

    again, i go back to dial up vs cable broadband...same flip will happen here and how can anyone with any intelligence suggest it will not take time? (see above S Curve)
     
    #35     Aug 15, 2017
  6. https://www.cnbc.com/2017/08/22/jpm...e-revolution-will-create-a-lot-of-losers.html

    highlighting of particular meaningfulness:

    "EVs have 20 moving parts compared to as many as 2,000 in an ICV, dramatically reducing service costs and increasing the longevity of the vehicle," the analysts said, adding that it estimated running costs for an electric vehicle can be around 10 percent of an internal combustion one.

    "We see this as a meaningful risk for car dealers who rely on after-sales service for a large chunk of their profitability," the note said. "This should over time reduce the number of vehicles sold as well, in addition to other potential trends, such as automated driving and greater car utilization rates." The lower number of moving parts can take a bite out of capital expenditure for the industry as well", JPMorgan said.

    if i had interests in a dealership, parts manufacturer, etc; i too would troll media and try to misdirect facts. i guess they figure ignorance is bliss. don't forget , this is the industry (dealers, mechanics) that has taken customers for fools for over a century.
     
    #36     Aug 22, 2017