Electric vehicle investment

AnotherJoe

Reed_Richards wrote: »

My mains input is via a 60 Amp fuse; I think that is fairly typical. I looked at uprating it and it would either cost very little, if the input wires were bulky enough to have spare capacity, or cost quite a lot if the input wiring needed to be replaced.

The main input to modern houses is 100amp fuse however that is to cover all useage not just a car charger. My car charger , in common with 99% is 32 amps and there is no movement to increase that because first you'd need a three phase supply (cost maybe £5k - £10k to install even if available ) and that might get you to 50 amps not 300 on the charger. Fastest domestic chargers are 11kw rather than 7. . That sort of load you mention , 300 amps, is for commercial rapid chargers not domestic
Added to which there's almost no use case for it, you will charge for peanuts whilst sleeping and so there's no benefit to charging super quickly since you onky care if its done when you wake up, if once a year you need a rapid charge when near home use a commercial charger at 10x - 20x speed rather than spend £10k to charge less than 2x.

jelajelavic

stphnstevey wrote: »

How is electric green, when most electric comes from a powerstation? It seems your stopping one pollution for another

Are you aware that quite a lot of electricity in the UK comes from renewable energy and the proportion of this is increasing?

In fact for several periods this year the UK has generated electricity without any coming from coal power stations at all. So to say most electric comes from power stations is just factually incorrect

https://www.bloomberg.com/news/articles/2019-05-07/u-k-sets-record-for-life-without-coal-as-green-power-grows

50Twuncle

jelajelavic wrote: »

Are you aware that quite a lot of electricity in the UK comes from renewable energy and the proportion of this is increasing?

In fact for several periods this year the UK has generated electricity without any coming from coal power stations at all. So to say most electric comes from power stations is just factually incorrect

https://www.bloomberg.com/news/articles/2019-05-07/u-k-sets-record-for-life-without-coal-as-green-power-grows

Yes - but oil and gas are almost as polluting as coal...
And in any case - in 2016 the % renewable energy used in the UK was 27.99% - which means that 72% of the electricity produced was still from non-renewable sources (gas amd oil)
So MOST electricity produced in UK IS STILL from conventional power stations

jelajelavic

50Twuncle wrote: »

Yes - but oil and gas are almost as polluting as coal...
And in any case - in 2016 the % renewable energy used in the UK was 27.99% - which means that 72% of the electricity produced was still from non-renewable sources (gas amd oil)
So MOST electricity produced in UK IS STILL from conventional power stations

I wont take it further than this as it is going off topic a bit but firstly you're quoting 2016 which is a few years out of date and given renewable energy is increasing the ratio is only going one way.

You're also assuming that all "non-renewable" energy is gas, oil and coal. This is incorrect due to Nuclear energy and whatever your opinion on that is, it is not carbon producing. In 2018 (obviously the last full year) carbon producing electricity sources was less than 50% so no its not most and decreases every year.

So in conclusion moving to electric cars is not replacing one type of fossil fuels with another as petrol (100% fossil fuel) is replaced with electricity (less 50%, and falling, fossil fuels)

buglawton

Why the thread title 'investment'? An investment bears interest with the prospect of getting your capital back. Private cars, electric or not, are consumer durables. A bit like white goods actually.

MarkFromCornwall

buglawton wrote: »

Why the thread title 'investment'? An investment bears interest with the prospect of getting your capital back. Private cars, electric or not, are consumer durables. A bit like white goods actually.

Because the OP was interested in possibly investing in companies that make electric cars, or businesses that are involved such as battery manufacturers or suppliers of charging points.

50Twuncle

jeepjunkie wrote: »

I switched from a £4K petrol car to a £4K EV. Immediately saved £140 vehicle license and currently saving £2k a year on fuel. 99% free charging. Plus the car has gone up in value. Best investment ever

Maybe I am missing something - but what EV costs just £4k ?

50Twuncle

Considering the cost of replacement EV batteries is around £200 per kWh (down from £1000 - 8years ago)

The average capacity of EV batteries is 40kWh - so a replacement power source needed after 8 years is currently £8k - which is enough to put me off buying an EV !

Gadfium

redux wrote: »

At the moment a recent think tank study in Germany says a Tesla in Germany and most other countries has higher overall lifetime CO2 emissions than a Mercedes running on diesel or on liquified natural gas.

redux wrote: »

The think tank you are maligning with your invented slurs of corruption is independent, attached to a university, and sponsored by public funds not business.

I know the study that you are referring to, and if you had read it you would have spotted the glaring assumptions that they have made, namely assuming that the battery would need replacing after 10 years and the mix of power generation would primarily be fossil-fuelled and would remain as-is.

50Twuncle

jeepjunkie wrote: »

Nothing now, there was a time when there was real bargains to be had.

I have one - an electric mobility scooter - that cost around £1500 !!