Here in the uk, a gallon of diesel (ordinary, not super) is over £6.50. It retails at £1.50 per litre. Electric is £0.32 per unit(octopus intelligent) and £0.07 overnight rate. It makes my ev 6 times cheaper to run than a diesel. That’s a disruption!

@markumbers5362

2 ай бұрын

Here in Sydney Australia, if I charge my EV with roof top solar it costs $3.00 for 60 kwh which works out 20 times cheaper than running my old petrol Subaru Forester. Petrol here is $1.80 per litre RT solar is 5c per kwh.

@wlhgmk

2 ай бұрын

I'll go you one better. I mainly charge my EV from my solar panels, installed some 20 years ago.

@markumbers5362

2 ай бұрын

@@wlhgmk You definitely win. I allow 20 years for the life of the panels in my 5c per kwh costings. Once you get past that, in my books, you enter the uncharted free charging twilight zone. The holy grail of EV ownership.and a euphoria I am yet to experience. Congratulations and well done :).

@bloodynorahvan2203

2 ай бұрын

And you're also using 6 times less CO2 in the UK

@Henry_D

2 ай бұрын

Just that you used 5 liters per gallon instead of the actual 3.78 . So it will be somewhere just below 5 times

It’s being reported that oil demand has already dropped by one million barrels per day because of e-Bikes.

@jonevansauthor

3 ай бұрын

I think it's eibikes and scooters - as in electric mopeds, but yes that's broadly accurate. E-bikes are pretty irrelevant as they mostly replace unused bikes, not cars, motorbikes and petrol mopeds. They can, however, directly say how many petrol mopeds have been scrapped and how many electric ones bought and so on (plus you could look at fuel imports in places like Singapore).

@HepCatJack

3 ай бұрын

@@jonevansauthor mopeds and hogs even a gasoline powered ones are far more efficient than an ICE car because you aren't transporting tons of metal. Work from home since the pandemic has also reduced demand for gasoline to travel to the office.

@castortoutnu

2 ай бұрын

​@@jonevansauthor an ebike being used for a trip is (often) equivalent to a car not being used for that trip. It doesn't matter if it's replacing an unused bike in the garage, it matters what it's replacing on the road

Just keeping my ICE car running until I can buy the Tesla I want. I will make the ICE car just a backup.

@emmanuelgutierrez8616

2 ай бұрын

Mhh. We do what we can afford and probably we'd have to wait another 4 yrs before Tesla starts a robo taxi and then we don't ever have to buy a car again. I bought a used newer car and Im thinking I'll have to sell by 2025 before the car is worth next to nothing when nobody wants an ice vehicle anymore after the 25k Tesla comes out. I'm like #1000 on the cybertruck list so I'm just waiting for which gets to me first, cybertruck or robotaxi

I love that in depth! That video convinced me to start investing in TSLA at the time! very well worth it!

@thoos192

2 ай бұрын

Better sell when you are still ahead, the Tesla stock is in for a rough time

We bought our replacement as a second car due to inconvenience of finding gas in the winter. We didn't expect to fall in love with it and drive it all the time. Truck is used for garbage dump day and picking up large items like lumber. We've also developed a hatred for gas fumes.

@jasonmugridge

2 ай бұрын

Yes it’s surprising I bought my EV for the tech and performance, but soon developed a hatred of petrol fumes and even more of a hatred of diesel fumes. This was very noticeable at school drop off with a group of 6 year olds breathing if diesel fumes.

@tallbudha

2 ай бұрын

Developed? LOL! I have always hated the poison I can smell and breath every time I roll down my windows.

Great job review the predictions made in that past episode. I have that one downloaded and go back from time to time to review it. So good.

I would love you guys to tackle the subject concerning the aging electrical grid in the U.S. Currently, the U.S. electrical grid can’t support 100% adoption of EV vehicles in the U.S. California is a perfect example of this as PGE had to beg customers during the summer of 2023 not to charge their EVs because of rolling blackouts and brownouts. You also don’t cover trucking and transportation of goods via 18 wheelers. The state of the art with batteries, makes EV trucks cost prohibitive. Also, what about how cold temperatures make EV batteries wildly inefficient. While, I agree that EVs are the future, there are many technological hurdles that must be overcome before this scenario becomes a reality. With billions of ICE cars on the road, it will take decades to replace them all. Elon musk, has also echoed this assertion. The manufacturing of all the EVs and batteries alone to replace ICE vehicles will take decades!

A career which gives you a little bit of time and work-life balance costs you financial independence because it'll be low paying. Tough choices to make. Keep in mind, investing provides a jumpstart to financial freedom. At 34, I already have a $6m portfolio.

@kurttSchuster

2 ай бұрын

Everyone needs to hear this, you need to create your own process, manage risk and stick to the plan, thick or thin, while continually learning from mistakes and improving

@eastwood224

2 ай бұрын

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

@tonicruger

2 ай бұрын

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

@eastwood224

2 ай бұрын

NICOLE DESIREE SIMON is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@chrissmurrayy

2 ай бұрын

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

It all made sense until the assumption that gas skyrockets in price as suppliers go out of business. The lack of suppliers does not mean supply of oil drops if the big players take over voided market share.

@wertigon

3 ай бұрын

I believe you are missing an even bigger picture here. All oil wells that shut down now will not be restarted until at least 2050. It is true that consolidation will be one of the first thing that happens, but like Z&J said - Saudi is unlikely to cut production since that is their bread and butter.

@5353Jumper

2 ай бұрын

Except oil prices are built on excuses not reality. Any excuse to raise prices is done for at least a couple months no matter how valid it actually is.

@DM-zq8qy

2 ай бұрын

If demand for oil goes DOWN, prices should fall as well. Venezuela, Iran, Russia, OPEC will keep pumping their cheap exports.

@5353Jumper

2 ай бұрын

@DM-zq8qy sadly, at this point oil prices have nearly zero correlation or causation from demand. It is more about supply, supply regional oligopoly games, and excuses leveraging media coverage. It will be a long time until reduced demand actually reduces prices. And by then they will be pleading "cost per year it increase due to volume efficiency lost". The global petroleum industry embraced supply side economics decades ago and loves all the advantages is gives them in politicial power and profitability.

@DM-zq8qy

2 ай бұрын

@@5353Jumper so should be invest in oil stocks and get some of those excess profits? Are you investing in oil?

I have a model 3 with charging at home. The first question people ask me is OMG how much has your electric bill gone up? 20 bucks a month average. Compared to the 50 bucks in gas I would put into my ICE car twice a month. That's a 1/5th cost. The second question I get asked. How much has my insurance gone up? It has increased but the difference there is the fact that I went from a 2004 Toyota Camry to a brand new 2023 Sweet, fast tech loaded Tesla Model 3. Sooo. Never to frequent a gas station ever again. EVER!

@thoos192

2 ай бұрын

And the value loss on that EV is dwarfing any cost that any ICE-cars ever had

Hold on to my Tesla shares

Hi Z&J, thanks for all the great videos. Looking to all of them on NYK Channel. I'm curious that you're not talking frequently about KIA/Hyundai. Before the huge price drop of the TMY, I bought an EV6, which competes with Tesla, apart from the charging infra. Very happy about it... Here in Québec, Canada, the CCS infra is good and KIA/Hyundai sells well because their price under subsidies limits. The MY was not until recently. I think KIA\Hyundai might deserve a better place compared to other big auto since they are running in front in terms of great EV models I think (Soul, Niro, EV6, EV9, EV5...) Thanks!

I remember when you switched to that solar panel desk and it doesn't seem like 6 years ago!

There’s a difference between oil consumption and gasoline consumption. Gasoline consumption is trending down. Oil is still up and experts say will probably not trend down until around 2050. By the way, the U.S. is the leading oil producer the last 2-3 years in the world.

@Mechulus

2 ай бұрын

People forget plastic require oil in their production, and plastics are definitely not trending down. Oil in plastic production pollutes differently than gasoline too. It would be nice to have the data broken down properly so we can all make accurate observations instead of these huge generalizations implying oil consumption is somehow explicitly tied to gasoline production.

I remember that video in 2018 very well, thank you guys

I know so many people that are so skeptical of evs and have no idea what types of transportation are already here and to come as well

Great review guys!

With low gas/diesel prices, it will make sense to use it for electricity generation. Especially to charge the EVs. Already we see diesel-powered charging stations in rural areas all around the US.

Interesting take. Other videos right now are talking about GM and Ford stopping EV production and Toyota never really starting. Personally, I have a Leaf which we love and drive the most and that we only charge at home. I have no desire the navigate all the different pay systems and quality issues with the few chargers out there, also video-supported. We have a Sienna if we need to go over 330 km (return).

What energy source is used to generate electricity in your community?

Electricity prices here in Calfornia on public chargers are 45 cents per Kwhr. This is the equivalent of around 45 MPG gas car in terms of fuel price. Given that EV insurance on a Tesla averages over 2000/yr, EV is more expensive to operate than a gas car unless you can charge at home. EV adoption will continue but it has slowed down dramatically, and instead of growing 100% per year it is more like 20%. They keep raising electricity prices here in CA, and once they add in the $400/year reg fee for EV cars to cover the road maintenance, EV adoption will freeze up. I like EV's because its like having a Rolls Royce; a super quiet car is so luxurious to me.

China and India are over 60% EV due to low priced EVs and the need to reduce pollution !! Travel there and report this !! Recyling GOOGLE myths have never worked !!

@jasonmugridge

2 ай бұрын

I went to China last year, a new VW ID3 was about £12,000 and a Tesla Model 3 about £23,000.

People love Tesla because the product for the price is great. Don't get me wrong some really want an EV but at the same time these legacy auto companies aren't moving their EVs because the product is bad and the price tag is worse.

@thoos192

2 ай бұрын

People don´t love Tesla. I certainly don´t

Interesting video. I am not sure though that Oil producers will go bust to the point of collapsing the industry as predicted. Also are issues with BEVs when travelling long distances and in harsh environments. Ill be sticking to diesel power until there is a reliable solution to long distance/remote travel.

wait! is not oil consumption going up and up? not accounting car's use.

PHEV are ICE, no doubt.

@TurdFergusen

2 ай бұрын

the worst of both worlds wrapped up in cutesy advertising and guerrilla marketing to make you feel good

Did you see the video that TLF posted comparing the new Tesla Model 3 with the BMW i4, at the Chicago Auto Show?

And charging all them how? Perhaps a side investment in power infrastructure.

So why is tesla stock tanking?

Most vehicle oil consumption is in logistics and agriculture and it’s impossible to replace oil with today’s battery technology in those sectors.

On the subject "What People don't Realize is Coming". Have any one of you investigated the Electric Unicycle (EUC) market? I think it is growing faster then every one expects. Especially with the new Veteran Lynx EUC that is the talk of the internet right now.

If ICE vehicles account for 30% of the petroleum use and 90% of those vehicles switch to EVs where will this additional electrical power come from? I would think a significant portion would be from... petroleum and or natural gas.

"What are you gonna do?" Well, I started listening, taking notes, and have invested accordingly. Plus , I drive e.v.'s now. The losers will be those persons that refuse to let go of I.C.E. vehicles, and who dont invest in new tech. 😮

All correct - one more thing to add. As ICE production loses economies of scale, ICE vehicle costs rise - further decreasing demand for ICE.

Here is a (tongue in cheek) alternative. As the electrical demands for our AI overlords cloud servers require more and more electricity they have us switch back to dirty gas to protect their energy supply.

Forget gasoline sales for a minute. What is the transition plan for all the other products and packaging that oil is used for... including fertilizer? No one is talking about this, is there a plan?

@Rohan4711

2 ай бұрын

Haven't seen any well thought out global plan that is realistic, but there are a few that have tried. Then there are solutions to specific problems, like biologically produced plastics. As it is not on scale yet it is expensive, and it might never be as cheap as todays plastic. Fertilizer is a huge problem, we can do organic fertilizer 💩, buy we will see a substantial drop in output. This can lead too a world food shortage, so food prices will increase.

04:50 Total car sales numbers are available. (PH)EV sales numbers are available. Just subtract and voila: ICE car sales figures! Or am I wrong?

There is quite some debate about an EV car requiring a home charging station to be actually cheaper than an ICE car to operate. - This induces a maximum in the percentage of EV cars vs ICE cars. So by 2030 you have no more than 50% of the sales for EV and the graph would still match with such a prediction as the starting phase is basically the same. It just starts to drop slightly under the prediction in about 2024 which is exactly what we see here. - However this will change by about 2035 when peak-oil hits in and the costs to operate an ICE car is sky rocketing.

And when climate change effects food production, price increases so the average person struggles to live. It makes sense to put all the pieces in place now to minimise external effects on your household now, whilst prices and availability are relatively good. For me this is home energy production, water harvesting off the roof, electrification of everything I can - car, heating, water heating.

Any chart looks accurate when you scale it out 10000% lol

Or petrol companies will start up the refineries again when gas prices increase. Infrastructure is already in place. Why not turn them back on to sell $5 gas?

I think the low hanging fruit for RV sales has been picked and it’s going to slow down and not pick up dramtically like that chart looks

6:14 No civilized people want to buy Russian nor Iranian oil. Oil prices may not drop significantly because of this. Those authoritarian countries will hopefully see dramatic oil price drops. Just my opinion.

I love your show - and my Tesla. I am from Europe, but I actually teach Latin.... I am sorry you had a bad experience with your Latin teacher.

I mean its a nice theory, but havent they just cut production to keep prices high? This kinda stands as strong point against your argument towards the end. And even if everything is correct that means as well that prices for fossils will be dropping, thus the demand will increase again, balancing things out and slowing down the S curve like adoption of EVs. And even if not and EVs are just better in general the question remains how to invest. Should we invest into Tesla? But the stock is still priced at PE of ~50 and PS of ~7 which is very high for the industry. This is fine if you have intense growth, but right now it seems more like other carmakers are catching up and selling EVs. BYD overtook Tesla recently with their BEV sales. Dont get me wrong Tesla will remain strong and have great growth, but that is exactly why the stock is already trading at elevated levels. And we saw the price come down as expectations came down as well with much lower growth numbers than most people had expected. The 2030 target of 20M cars now seems like a dream that might never happen but if it does its more likely to be 2035-2040 and who really knows what new things are gonna happen until then? I'm not saying Tesla cant make it and cant be a good investment with a high return, but it doesnt seem like such a clear cut case any more. Especially as the CEO Musk seems to be much more interested in petty politics against people who are in search for a better future for their children who try to come to america (possibly without a visa yes) instead of focusing on creating compelling EVs at a good price point. And if he is done with his twitter politic rants he still has his other projects. I think the massive delays we saw with Semi and CT are partially because Musk has stopped driving the factory line development. He always talks about people being in office and how him sleeping in the factory was important for Tesla but guess what, sleeping at Twitter HQ doesnt do anything for Tesla and if you only have remote meetings with Tesla from your Twitter HQ doesnt that really contradict your own statement that people need precense at the workplace to make a real impact and do a good job. Well either way I wish everyone invested into Tesla or any other EV maker a lot of success with their investment, but again I think there are many other exiting investment possibilities with a much more clear cut towards their goals and CEOs that care firstly about their companies rather than petty politics.

@josemercado3063

2 ай бұрын

A decrease of gasoline consumption does not mean a decrease in oil consumption. Gasoline is a distillate, one of many, if you do not need gasoline anymore but you still need the others you must process the same amount of oil anyway. So the questions are: a) where is the money that oil companies/refineries/gas stations make today selling gasoline going to come from? and b) what are refineries going to do with all the gasoline they can no longer sell? Roughly 45% and 29% of an oil barrel turns into gasoline and diesel, respectively. Diesel is THE issue here because it's the lifeblood of industrial society and WE CANNOT REPLACE IT WITH GASOLINE (it's TECHNICALLY IMPOSSIBLE).

Let's have a follow-up in 2 years.

Denial ain’t just a river in Egypt.

You're wrong about gas price. Gas use will not cease due to gas cost going up, just as we didn't stop using coal to heat our homes due to the high cost of coal. Gas use will cease because the cost of electricity (and batteries) will go down, while at the same time the availability of electricity (superchargers and apartment charging stations) will increase even more. Also, just as NatGas has many advantages for home heating (not having to stoke your coal fire, for example), EVs have lots of advantages (quiet, low-end torque, less pollution, better long-term reliability and lower service costs...) The only thing that will cause gas to go above $10 per gallon is inflation.

I"m certain that the sales of EVs are not gonna go up nowhere near that fast. I believe we'll stick in between 15-20 ml a year up till 2028.

@frederickwelsh

2 ай бұрын

Your idea ignores the arrival of $25,000 EVs in large numbers in 2025. If some models of these vehicles continue to receive the $7500 rebate in the United States, some EV models will be less than $20,000. CATL and BYD are introducing different battery chemistry including sodium which functions much better in cold weather. The situation will be much different in two years.

@thomasgrant3393

2 ай бұрын

@@frederickwelshThat is only if those $25k models will be delivered in 2025, I've heard about these cars since 2018 and other than Renault KZe and similar chinese crap there's nothing. I hope you're right yet I'm not that positive.

I buy that EV is the future but figure me this. I want to buy an EV in the United States. But like around 1/3 of USA households I don’t have a driveway or garage. Overnight charging does not work for me. I have $25k saved but but pay few taxes so the $7800 tax credit subsidy doesn’t help me much. 80% of charging is done at home. Here in San Diego only Tesla charging stations seem to work. Outcome: i am sticking with my paid for ICE car until prices come down and street charging is available. i.e. not anytime soon.

@DM-zq8qy

2 ай бұрын

The $7,500 “tax subsidy” is now given to EVERYONE (on certain USA made vehicles) at the DEALERSHIP. No tax return requirements…

I suspect your ev sales numbers are coming from manufacturers (cars made) and not dealers (cars purchased by drivers). In the US, there's a pretty big glut of, at least non-Tesla, EVs, to the point that Ford just lopped 15k off the price of a Lightning (they're loosing thousands of dollars per truck before the cut). If we take BYD numbers at face value...I can't help you then.

It's easy keep my 2015 an 2010 vehicles forever 😊

@frederickwelsh

2 ай бұрын

Yes, you will be able to do that. You just would drive them because gas stations will be 50 miles apart.

No way we're going from 10m to 20m in 1 year... There is pushback on EV as a technology already and many manufacturers don't find it profitable. The battery technology also lacks confidence from consumers and the cars depreciate QUICKLY because of it.

Jevon's Paradox flies in the face of these arguments. I hope it's wrong, but...

A decrease of gasoline consumption does not mean a decrease in oil consumption. Gasoline is a distillate, one of many, if you do not need gasoline anymore but you still need the others you must process the same amount of oil anyway. So the questions are: a) where is the money that oil companies/refineries/gas stations make today selling gasoline going to come from? and b) what are refineries going to do with all the gasoline they can no longer sell? Roughly 45% and 29% of an oil barrel turns into gasoline and diesel, respectively. Diesel is THE issue here because it's the lifeblood of industrial society and WE CANNOT REPLACE IT WITH GASOLINE (it's TECHNICALLY IMPOSSIBLE).

I'd like to believe these guys, but I have my doubts. The bit that is missing is depreciation of EVs which is enormously greater than ICE. It tells me the majority of private buyers don't want EVs so far. I think that will suppress EV sales until EV recharging time falls and new EV prices fall.The lack of clear statistics will make it difficult to follow easily. There is no doubt the sales of ICE will fall. The oil price long term will fall from the current level, but not because of EV which account for a small part globally. It will be the move of power generation to sustainable low C, which is much more significant. 80 dollars a barrel is the trend down to 40 longer term. Then eventually back to 12.My guess is averaged price over 2 years not shorter periods. Arrive at 12 in 10 years.

BTW? Ross? Stole his information from Tony Seba.

@rogerstarkey5390

2 ай бұрын

Most people did! 😂

The thing about EV is that they are eventually going to be so much cheaper to make then ANY ICE cars… and much cheaper to run

Nope, seeing the slope which is the derivative of time, the prediction is not that accurate if you consider the data after 2030.

Those charts are fxck3d

I mean... Given there was a pandemic killing supply lines for a year, thats a scary accurate graph. He would have been more wrong without the pandemic, wed likely be two years further along.

Hold me Daddies.... I'm scared.

Exponential scale? Really guys?

Both ICE and EV sales will slow due to worldwide recession.

@Mechulus

2 ай бұрын

Correct. Also, the cost to replace batteries in a 10 year old EV is around $22,000. People driving ICE cars don't have to contend with that cost.

@diytesla

2 ай бұрын

@@Mechulus3rd party shops (like us) are already replacing EV batteries for significantly less.

Who's Ross ?

@lindband

3 ай бұрын

Yes who’s this guy

Covid wasn't widespread until March 2020, your charts start dropping in January 2019?

G’day. Something for people to bear in mind. The dystopia presented in Mad Max is not a thing. The hardy band of survivors wandering overgrown depopulated cities… not gunna happen. Everyone has already experienced what it’s like when the modern economy fails; ie. supply chain fails. Expect more supply chain chaos… don’t expect leather clad motorcycling cannibals.

So in a few words, what's your bottom line?

The news is indirectly advertising for EV. Everyday we hear about the weather is going out of control and causing flooding, drought, wildfires, north and south pole melting, glaciers disappearing and pollution in cities, deeming them not suitable for human life. Buying an EV would mitigate on all these weather phenomena and foggy (pollution) days in Shanghai and other big cities. Hope we have time to turn the ship around.

In order for the OEM's to have products that the public would be willing to buy today? They would have had to start a LOT sooner than 2018 to start their development in earnest. They would have had to have started in 2000. Why? Because of how their business model works. It takes them 5 years to reach a single decision on anything in their organizations. There is no way in hell they are going to survive in an era where 5 years is the difference between relevant technology and obsolescence, as is the case in the digital realm. 99% of all the incumbent businesses in history have failed to survive technology disruptions. They may as well be dinosaurs staring at the new sun in the sky and wondering what it is. The arrival of the digital autonomous era is upon us. And it will destroy virtually all of the incumbent ideologies. Not only for business, but society as well.

@darrellpugh6186

3 ай бұрын

when did Saudia Arabia start to diversify thier ecomony? building projects and mega projects to support thier diversified economy? might be they saw this coming , way back.

@jasonmugridge

2 ай бұрын

@@darrellpugh6186and maybe they have less oil than they are telling us.

PHEV's aren't EV's. I feel they they are the future.

The assumption that entire countries like Saudi Arabia (that financially rely entirely on their own oil production) will eventually just shut down production is insane. As long-term oil demand continues to drop, the price of that oil will radically drop. They may attempt to slow production temporarily, but long-term ,they'll have to live with this price drop. That's because oil is a COMMODITY NOT A PRODUCT. That actually makes it much better long-term sense to buy an ICE car - not an EV. People who post their fuel costs (EV vs ICE) will be red faced when the price of oil drops to 50 cents per gallon or lower. You also totally fail to address the complete lack of infrastructure investment being made to produce the absolutely enormous electricity production necessary to charge all these EV cars. Past that, where are all the rare earth metals going to come from while we are understandably sanctioning China where much of these metals are sourced? Duh. The dated projection charts used in this video couldn't possibly take into account the delayed effect on supply chain disruptions from Covid 19, nor the crazy price increases from manufacturers trying to make back lost sales first from the pandemic and then disrupted supply chains. Any idiot would know to just wait a few years for low demand to harness these crazy prices of ICE vehicles. And none of this discussion even mentions the anomaly of the Russian-Ukraine war affect on oil prices. The assumptions made in this video and lack of incite are mind boggling. My opinion that another 5 years will show that this prediction of an EV takeover and ICE demise is greatly exaggerated. Why can't reasonable people realize that there is room for both types of vehicles. If environmentalism is your religion, you should admit to yourself that even if every last car was an EV, China already releases more pollutants than EVs could ever make up for. China is still building many brand new coal-fired powerplants to increase that pollution further.

As long as EV:s have bad range and takes forever to recharge, I don´t see the EV revolution happening anytime soon. So many flaws and problems with EV:s. The only reason they increase in sales is because politicians are tampering with the market. As soon as all incentives, tax credits etc go away, so does the EV market

It's time to buy nickel.. low

What planet is this channel from? They can't be talking about what's happening on Earth, that's for sure.

Fun fact: even if all cars in the whole world are replaced by EVs, oil consumption will only drop by 10%. And I would be willing to bet good money against your prediction. I side with the view of the Toyota CEO.

😎

Whats even more interesting is that you are mostly wrong and can't see it. EV sales will slowly climb but oil consumption will continue to grow. Most predictions have oil strong through 2040-2050 and then declining. Toyota is proving it.

Good riddance big oil

This is all ridiculous

So, impending = 6yrs? The definition would fly in the face of yours :O 10M "if you count hybrids" - Guys, you're either correct or not on your predictions. According to Copilot, 75m total car sales and 25m in EV's - doesn't sound right.

@evolt7553

3 ай бұрын

By 25 million EVs, they probably mean "electrified vehicles", which counts in BEVs, PHEVs, HEVs (full hybrids) and also MHEVs (mild-hybrids).

@JohnMatthew1

3 ай бұрын

@@evolt7553well, i did ask for 'pure ev's but you're likely correct.

@sergiojasierzurbanoperez4555

2 ай бұрын

@@evolt7553 ok is not just pure electric then!

Not buying this or buying EV. Call me a laggard but ICE honda will take you 300k EV will not, EVs are not what they say they are. You can sell an ICE at 150k too bc it doesnt need a new battery

Should have known.. they're American.. always end up trying to sell you something

Sorry but without major expansion toward nuclear we are going to be stuck with oil in order to charge the electric cars. In any case, as the video explains, there would be a drop on oil price cause of less demand but I don't see the complete demand disruption since there should be an autobalance with more people buying then hybrids and still using oil but at a lower rate. The other problem is related with the infraestructure and also the technology for batteries. For now I don't see electric dominating the market yet. In any case hybrid is the new trend. In a future if we move more towards nuclear yes but I don't see that happening in 10 years as mention on this prediction

@the_energycoach

2 ай бұрын

Nuclear is not needed. Solar, wind and battery can do the job. In the Netherlands 50% of all electricity in 2023 came from renewables. Nuclear was 4%. New car sales was 1/3 ICE, 1/3 BEV and 1/3 hybrids.

@sergiojasierzurbanoperez4555

2 ай бұрын

@the_energycoach those are not as reliable as nuclear. They can complement, but you can't just run on solar or wind. Not talking about the maintenance part for wind or batteries cost. I agree ICE sales will decline but that disruption of completely in 10 year of just pure electric car I don't see it happening. As I mentioned before, hybrid is the next trend

@the_energycoach

2 ай бұрын

@@sergiojasierzurbanoperez4555 whu can South Australie do without nuclear? Where do you live? Netherlands is a small densily populated country with equal amount of chargers as entire US. We do not need hybrids for their range and I cannot think of anther reason why we would need hybrid. Norway has colder climate and is fully electric. We have most solar panels per inhabitant in the world. PV and EV are a great combination. Charge while sleeping. ICE is already banned from many cities.

Hello my dear two I haven't been here for a while. I'm a little worried about Jesse, are you ill? Your left eye looks like you've had a blow to it. I really hope you have not been vaccinated and are now having severe side effects. All the best my friends it was nice to see you again!

BEVs still make almost no sense in long distance / hauling / work truck applications. Hybrids work, but not BEVs

@jasonmugridge

2 ай бұрын

Which is a fairly limited application

kinda off of topic, but did you buy any dogecoin?

EVs are not the future. it takes a ton more carbon to make an EV. Hybrid and Hydrogen will be the future. US has a crappy charging infra. No way in hell would I buy an EV today. Also the maintenance of these cars costs a fortune and there are very few people who can actually work on and fix evs

I love your show - and my Tesla. I am from Europe, but I actually teach Latin.... I am sorry you had a bad experience with your Latin teacher.