Australia's largest stock trading and investment forum Australia's #1 stock forum

I agree that for this transition we (Australia) need to be...

First 655 Last

Share
Profile

Follow
mudguts

11,674 Posts.

469

19/01/24

08:21

Post #: 71955835
Share

Originally posted by moorookamick ↑

The Balance of trade equation re transition to EVs.

On the positive side:
(a) less petroleum imports (how much?)
(b) Less engine spare parts imports (how much?)
(c) Less Brake import parts (how much?)

On the negative side:
(a) higher price of import EVs vs ICEs (how much?)
(b) extra cost of imported electricity generation hardware (How much?)
(c) extra cost of battery imports (how much?)
(d) more electric motor and electric component imports) (how much)

IMO the above calcs would have to be done over the lifetime of both ICEs & BEVs...say 15 years.
This equation's bottom line (Trade Surplus) has nothing to do with an individual's cost of ownership
of a BEV vs an ICE and over time, the question is how much of the EV spare parts can be
manufactured in Aus. A start has been made by Infinitive that rebuilds EV batteries locally.

Expand

I agree that for this transition we (Australia) need to be vertically integrated with our power (& export our surplus manufactured stock).

The days of mining & sending raw material overseas to be processed has to end (or it will end , but on terms we dont like)
1 Upvote

Reply

There are more pages in this discussion • 312 more messages in this thread...

First 655 Last