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Archive for January 26th, 2020

Electric Vehicle Sales Fall Despite A Proliferation Of New Models

People however are buying Tesla’s but that may change as the cheapest model is around $35k Tesla is a luxury brand. The iconic Honda Civic sold more than Tesla did so despite they’re doing well they are only doing well because they charge up to 3x as much as a major manufacturer. The only reason Tesla did so well in the U.S. is the subsidies came to an end this year.  So chances are the sales in the U.S. will continue to drop. For other countries depending on how quickly they intend to ban fossil fuels they may sell for awhile, at least if until the batteries start to fail. Even though some major manufacturers are trying to move their vehicle fleets to all battery electric its unlikely they will be selling many. When someone paid $40+ on a new type of vehicle and they either won’t be able to sell it due to the batteries dying or because they failed before they didn’t have it long enough to warrant selling it they’ll lose a ton of money on a vehicle that lasts only 10 years.

You ever buy a car and wonder why stuff starts breaking randomly and you thought you took well care of it, kept it in the garage and what not. Well that’s just age. Things may just break because the materials get too old. You can extend the plastic for instance by keeping it looking shiny by detailing it. You can’t do that with a battery. They just degrade with age. There isnt a thing you can do to change that. The heat and cold accelerate that because of the thermal expansion and contraction of the materials. Batteries are unable to cope with that. So I’d just wait and see what happens. All these people buying Tesla’s or any other EV may be in for a big surprise when they wake up one morning and their vehicles only go a few miles before the voltage drops due to battery degradation. Its inevitable, I could be wrong but then again batteries don’t last a long time.

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