China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
(Bloomberg) -- From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the electrification of China’s transport fleet — and the demise of gasoline — are everywhere.Most Read from Bloomberg...
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After reaching 50% share in July, it is up to over 53% in October. https://english.www.gov.cn/archive/statistics/202411/21/content_WS673f370ec6d0868f4e8ed4b2.html
EVs make better cars. Faster and quieter, cheaper operation costs, and profit/emergency potential from V2G (or just to home), and future robotaxi. Charging infrastructure expands with success/penetration. Even in US and Europe, EV models that are cheaper than their ICE equivalents before rebates are already announced/on the market.
IEA projections are always behind. Natural gas use in Europe and China is also down. and will continue its pace.
EVs are heavier, put more wear on the roads (for the same class of vehicle) and more microplastics into the environment from the tires. They don’t fix noise pollution, road safety or congestion.
We need better public transit, not robotaxis.
Fuck good, let’s have perfect.
They may not fix noise pollution, but they seem to reduce it. At least at urban speeds where I can be near them when they're driving, them sure seem to be significantly quieter than gas cars.
Also electric vs gas has nothing to do with robotaxis.
robotaxis need a lot of electronics/computing and so a large battery. A hybrid can charge that battery, but it is close to 50c/kwh electricity cost. V2G is a more obvious near term game changer. Can pay for cost of car over lifetime, or at least provide negative fuel costs. At any rate, an EV robotaxi will outcompete an ICE one. It also has the advantage of driving to a charging station during any downtime.
That's a fair point, the integrated battery does make managing the equipment easier.
Wait, why are EV tires more polluting than gasoline tires?
Because the car is heavier overall, which means they put more wear on the tires per mile driven.