ICE or EV?

Which car(s) will you be buying next?

  • ICE ICE Baby (morekaos dinosaur option)

    Votes: 13 31.0%

  • EV forEVa (unicorns for all)

    Votes: 23 54.8%

  • PHEV (I still have range anxiety)

    Votes: 4 9.5%

  • Hybrid (can't plug in yet)

    Votes: 5 11.9%

  • Alternative fuel (Hydrogen, vegetable oil, etc)

    Votes: 0 0.0%

  • Other

    Votes: 1 2.4%
  • Total voters
    42
NEW -> Contingent Buyer Assistance Program
CalBears96 said:
A guy in my group has been leasing Chevy Bolt for years and that's without free charging at work. Unfortunately, Chevrolet is discontinuing it, so he has to look for something else soon.

I would say it makes a lot of sense. It's not just the cost of gas, but also wasting time to go to the gas station. Not to mention doing oil change and stuff.
Click to expand...

I've been mostly charging at EA charging stations at the Spectrum and Foothill Ranch shopping center as both are in my normal routes and I get 3 years of free fast charging. I do charge at home sometimes as well but with the driving that I do I have to charge up the car 2x a week.
 
irvinehomeowner said:
So how are you liking the EV life @usctrojancpa ?
Click to expand...

Well I love not having to pay for gas as I drive a lot (around 2k miles per month) and I love the insta-torque of so much accelerate at the tap of the gas pedal. One thing that I don't like is that the range is less than 250 miles so most weeks I'm charging up 2-3 times a week to make sure I have enough juice for longer all day driving. I think if they range was 350-400 miles it would be close to a perfect car. Maybe they'll have over 300 miles of range for the new EV Macan.
 
Doomed…again!….🤦🏽‍♂️🙄😆😆😆

Fisker cuts production guidance for Ocean EV after last-minute snags​

Electric vehicle startup Fisker on Tuesday reported a wider first-quarter loss than expected and cut its production guidance for the full year.
  • CEO Henrik Fisker told CNBC that the company expects regulatory approval to begin deliveries of the Ocean in the U.S. before the end of May.
  • It said it expects to build 1,400 to 1,700 vehicles in the second quarter, assuming its suppliers ramp up as expected.
www.cnbc.com

Fisker cuts production guidance for Ocean EV after last-minute snags

CEO Henrik Fisker told CNBC that the company expects regulatory approval to begin deliveries of the Ocean in the U.S. before the end of May.
www.cnbc.com www.cnbc.com
 
usctrojancpa said:
Well I love not having to pay for gas as I drive a lot (around 2k miles per month) and I love the insta-torque of so much accelerate at the tap of the gas pedal. One thing that I don't like is that the range is less than 250 miles so most weeks I'm charging up 2-3 times a week to make sure I have enough juice for longer all day driving. I think if they range was 350-400 miles it would be close to a perfect car. Maybe they'll have over 300 miles of range for the new EV Macan.
Click to expand...
Do the EA chargers get you to 80% in 20 mins like a Tesla SC?
 
OCtoSV said:
Do the EA chargers get you to 80% in 20 mins like a Tesla SC?
Click to expand...

For the most part yes, I've charged several times where I was at 5-10% and got to 80-85% in my 30 minute session. On average I get around a charge of 60-70kw during my 30 minute EA charging sessions. I have my laptop with me in the car so I can stay productive while I'm waiting for a spot to open and charging the car. I find the 9:30am-11:30am, 2-3:30pm, and after 8pm there typically is no wait for a charging spot. The charging is faster initially when my battery % is lower (below 20%) and the temperature of the battery is around 90 degrees...for example I'll get 5-6 minutes of 180-200kw charging and then it'll fall back to 130-150kw for 10-15 minutes but once the battery gets over 80% the charge fall further down to 50-70kw and above 90% it goes down to 30-50kw. I've been told that Porsche has one of the fastest charging speeds of all EVs for fast charging.
 
Nice... @usctrojancpa is not only living the EV life but has used his CPA background to analyze optimum charging windows/scenarios. :)

As infrastructure builds out and technology advances, you could probably get a good percentage charge in 5 to 10 minutes, enough to get you to where you are going or to a charger where you can spend more time to fill up.

Walmart is adding more fast chargers to their stores which makes sense to give customers something to do and to bring more of them to a Walmart/Sams Club location:

www.theverge.com

Walmart’s preparing to build its own coast-to-coast EV charging network

Walmart’s building a nationwide EV fast charging network by 2030.
www.theverge.com www.theverge.com

More retail/eatery locations are following suit and building out EV charging stations is probably faster/cleaner/easier than gas stations.
 
Right direction..into a ditch…🤦🏽‍♂️😆😆😆

Electric Cars Lose Value TWICE As Fast As Gas Vehicles

On average, EVs lost 51 percent of their purchase value in the three-year period of time between 2020 and 2023. Comparatively, gas-powered cars during that same time period lost 37 percent of their value, on average.

The study also found that the higher the original purchase price of the car, the greater the loss in value. One of the worst offenders is the Tesla Model S, an overpriced heap of mostly cheap plastic that the study found loses nearly $32,000 in value in just three years.

Entry-level EVs such as the Nissan Leaf are not much better. In fact, percentage-wise, the Nissan Leaf is even worse than the Tesla Model S in terms of depreciation, losing a whopping 58 percent of its value in just three years.

https://www.express.co.uk/life-style/cars/1765530/electric-cars-petrol-value
 
Math is hard?

Model S (various models) average price $100k. if the above $32k three year depreciation is accurate, then the discount would be 32%, no?
 
Average prices in Pounds, probably different in GB…
The data, from ChooseMyCar.com, used a comparison of new car prices three years ago compared to their value now.

The higher the original purchase price of the car, the bigger the loss, with the Tesla Model S losing £25,000 in value in just three years - a 46 percent drop.
 
This is going great. Don’t you think?…Like printing money..of finding a unicorn at the end of a rainbow…🤦🏽‍♂️😆😆😆😆

Polestar to cut 10% of workforce as delays push upcoming SUV to 2024​

  • Polestar trimmed its full-year production guidance, saying that its upcoming Polestar 3 SUV will be delayed until 2024.
  • The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.
  • Polestar also said it will cut about 10% of its workforce.
www.cnbc.com

Polestar to cut 10% of workforce as delays push upcoming SUV to 2024

The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.
www.cnbc.com www.cnbc.com
 
The funeral pyre grows into a bonfire…others will follow into the light…

Lucid: I Wouldn't Touch It With A Ten-Foot Pole
Lucid dip buyers returned to defend the slide in its stock, even though the company posted a weak Q1 and issued disappointing guidance.
  • Therefore, sellers have been unable to force a steeper decline in LCID. However, investors must be careful when considering buying the dips here.
  • Lucid's dwindling liquidity balance suggests additional funding could be necessary if its execution remains poor. Also, macro and competitive headwinds are not entirely in its control.
  • With revised production guidance of just 10K, downgraded from a 12K midpoint previously, investors must be frustrated that the company keeps underperforming.
  • Avoiding LCID at the current levels could save investors from more pain later.
https://seekingalpha.com/article/4606102-lucid-i-wouldnt-touch-it-with-a-ten-foot-pole

Ford lays out its plans to ramp EVs and boost profits in key capital markets day

For the first quarter, Ford said the EV operations’ loss widened to $722 million from $380 million a year earlier. The company’s traditional car business earned $2.6 billion, and the automaker’s fleet operations reported $1.4 billion in earnings.
“Demand continues to outstrip capacity for our key [internal combustion] vehicles,” Galhotra said. “In the next 10 months, Ford Blue will increase its capacity by over 160,000 units.”

Morgan Stanley analyst Adam Jonas during Ford’s first-quarter earnings call described the EV projected production increase as “crazy high.”

https://www.cnbc.com/2023/05/22/for...rce=iosappshare|com.apple.UIKit.activity.Mail

DOOMED!!
 
We ended up getting a largish PHEV SUV for the just in case scenario because we do want to do some road tripping without having to worry about charger planning. It's good for local electric driving but still not as good as a full EV.

At some point in time... we will end up with another EV... non-Tesla probably... but something that supports ultra fast charging (10 to 80% in less than 30 minutes).

Maybe the EV9 but probably won't be good non-inflated prices until next year or 2025.
 
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