GXY (ASX) Electric cars thread

Originally posted by bfor3108: ↑

Yep it’s all smoke and mirrors. In general car companies are trying to continue bluffing people that EV disruption has not already arrived.

This is becoming ever more futile by the day. Like Hyundai, I think we will see other companies have many more models waiting in the wings for when they can no longer compete by holding them back.

It looks like we are at the start of a very sweet moment. A moment I have been invested in since 2016. Thought it would happen quicker and sooner. I totally underestimated how much and strength of resistance.

I am dearly hoping to see some carnage for players like BMW and Mercedes. Their arrogance etc deserves to be punished. I would be happy to see a future for the electric vehicle without them. This didn’t have to be nearly so hard and take so long. In many ways it is Tesla and Musk that have bought industry to this point. All power to them. They have pulled a very resistant elephant up a giant hill...no small feat.

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Thought it would happen quicker and sooner. I totally underestimated how much and strength of resistance.

Not sure why you are so surprised about that, it hasn't been a matter of resistance, without subsidies electric cars have been simply too expensive for the mass market , even with subsidies they were still too expensive for many, demand simply wasn't there.

Its only now that longer ranges, increasing fast charging stations and manufacturing costs starting to reduce with volume, that they are making it a viable option for many but even after that it still requires subsidies, including more indirect ones such as not paying road user charges or fuel tax.
At some point road user charges will have to be addressed.
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IMO most people would love an electric car, they are better in almost every respect, but it's only now becoming a viable option in some countries. Good to see Germany and France have both cracked the 10% market share now , that's considered a tipping point where things start to gain traction and accelerate...

Dont know why you knock Daimler or BMW , Daimler has a line of 10 different EV models by 2022 ad BMW have electric cars on the road now...both will be well aware of what's going on around them.

Cheers Whisky