EV Discussion thread

michaels

It would appear to be about 2.5 months of German supply - but of course Germany manufactures a lot of EVs sold elsewhere in Europe and beyond so probably not an ideal metric.  Really without any context it is not that helpful an observation.

MikeJXE

Grumpy_chap said:

MikeJXE said:

Netexporter said:

Did they check how many ICE vehicles are stockpiled?

Does it really matter ?

This thread is supposed to be about the new kid on the block (EV) and posting comments knocking ICE cars won't help to achieve the results the EV community wanted and  expected 

It would be sad to say it's a failure but in my opinion  that seems like  the reality 

It does matter in so far as the "100k EVs stockpiled" is a meaningless element of data unless set in context.

A reference to total EV sales per period and how long (in time) that stockpile represents is one way of contextualising that headline data.

The data can be further contextualised by comparison with how long the stock holding of similar product groups would be.  ICE cars seems to be the most obvious similar product group.

They are not similar at all, ICE  run on either petrol or diesel 

If you are going to compare then use something that is similar 

A mixture of electric and petrol/diesel 

Netexporter

Imported cars have been stockpiled at ports since long before the EV era. That's where they're kept until they are called off by dealers. It's yet another non-story.

Grumpy_chap

MikeJXE said:

Grumpy_chap said:

MikeJXE said:

Netexporter said:

Did they check how many ICE vehicles are stockpiled?

Does it really matter ?

This thread is supposed to be about the new kid on the block (EV) and posting comments knocking ICE cars won't help to achieve the results the EV community wanted and  expected 

It would be sad to say it's a failure but in my opinion  that seems like  the reality 

It does matter in so far as the "100k EVs stockpiled" is a meaningless element of data unless set in context.

A reference to total EV sales per period and how long (in time) that stockpile represents is one way of contextualising that headline data.

The data can be further contextualised by comparison with how long the stock holding of similar product groups would be.  ICE cars seems to be the most obvious similar product group.

They are not similar at all, ICE  run on either petrol or diesel 

If you are going to compare then use something that is similar 

A mixture of electric and petrol/diesel 

Of course EV and ICE are similar - both do the same job.

However, rather than simply the negative, why not propose a positive suggestion as to what metric would assist to put the EV "stockpile" figure into context.

MeteredOut

Surely a meaningful metric is a % of cars stockpiled based on the market that stockpile is serving, over time.

So if that stockpile serves Germany only, and is 20% of annual sales, up from 5% a year before, then that is significant. But if that stockpile serves Europe, and is 1% of annual sales in that market, and the stockpile is always sitting around that level (and perhaps is similar to how ICE cars are stockpiled) then it is insignificant.

So I'd agree, in isolation, the figure is meaningless. At a minimum, it needs to be shown as part of a trend.

But it makes for good headlines on other media sites and for posting here.

Grumpy_chap

MeteredOut said:

Surely a meaningful metric is a % of cars stockpiled based on the market that stockpile is serving, over time.

But if that stockpile is always sitting around that level (and perhaps is similar to how ICE cars are stockpiled) then it is insignificant.

I agree on both counts.

However, there was a comment by another suggesting that ICE cars as a reference metric was inappropriate, but without offering up an alternative market comparison.

The key thing is whether the "stockpile" is normal working inventory, or in excess of that which becomes a financial drain.

MikeJXE

Grumpy_chap said:

MeteredOut said:

Surely a meaningful metric is a % of cars stockpiled based on the market that stockpile is serving, over time.

But if that stockpile is always sitting around that level (and perhaps is similar to how ICE cars are stockpiled) then it is insignificant.

I agree on both counts.

However, there was a comment by another suggesting that ICE cars as a reference metric was inappropriate, but without offering up an alternative market comparison.

The key thing is whether the "stockpile" is normal working inventory, or in excess of that which becomes a financial drain.

So once more you are being selective on what part of a post you comment on or maybe you didn't read it all, a comparison was suggested with Hybrid cars.

 I agree with MeteredOut where a % would be more realistic but that would look even worse for the EV

As far as ICE stockpiles go it has always been the case at certain times but with a large customer base they don't stay there long.  

With EV it might be a first and with limited customers harder to shift and won't be the last. 

Grumpy_chap

MikeJXE said:

So once more you are being selective on what part of a post you comment on or maybe you didn't read it all, a comparison was suggested with Hybrid cars.

Aaah - I did not read your stand alone sentence "A mixture of electric and petrol/diesel" as being a comment that hybrid cars are a comparison for EV cars.

I still maintain that ICE / Hybrid / EV are all, essentially, achieving the same purpose so a comparison with the equivalent data sets would be valid.

Anyway, as you suggested hybrid cars as the comparator, what is the "stockpile", whether operating inventory or excess stock, of hybrid cars and how does that compare with the "stockpile" of EVs that was reported?

Grumpy_chap

So, MG are going to launch a 2-seater convertible EV successor to the MGB.
Available from August
From £55k
While the car looks lovely, that price point is at the prohibitive position for what in the majority only serves as a weekend toy.
https://www.mgcyberster.co.uk/

1961Nick

My insurance renewal from LV this year was £899 up from £676 which is quite a jump.

The cheapest online quote was from Esure @ £574 but I opted for a Churchill policy with all the bells & whistles for £692 - Protected NCD, £650 excess, enhanced courtesy car, legal protection, personal possessions & windscreen cover.

Like for like cover is actually slightly cheaper this year as the excess is £300 lower & the hire car is a premium model for the duration of any repair.