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Coming up - the deep-dive into your questions about the Kona Electric and EV ownership generally in Australia. After 10,000km behind the wheel of a Hyundai Kona Electric, let’s have a proper conversation about when electrons and mobility collide - now and in the future. Let's talk about cost, practicality and economic rationalism: Do EVs add up?
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The mighty Kona Electric is about to clock one year and 10,000 kays here in the fat cave - and that means the sweet sorrow of parting is imminent. Next Friday, actually. And I will miss it. But I have been amassing a thick wad of questions from you.
QUESTION
“Are you parking your Kona EV away from the house now, in case it spontaneously combusts?” - withheld
No, I’m not. I got this from a stirrer in the industry the other day. I would retort that we all live in a world full of risk. Low probability, high consequence risk.
Kona electric was introduced in July 2018, in ‘Straya. That’s 31 months ago. There are 75,680 of them being recalled globally. There have been 12 reported fires.
So let’s call it an average of 35,000 Kona Electric vehicles in service for 31 months. Seems fair. That’s about one million vehicle-months, right? And 12 fires. That’s one fire for every 90,000 (ish) vehicle-months in service.
Seriously, the kind of people who get scared by this kind of ambient risk have no idea about risk. It’s more dangerous to check your Twitter while you’re crossing the street.
Incidentally, it was recently announced that the battery manufacturer, LG Chem, will bear the bulk of the estimated $900M (US dollars) recall cost - with reports claiming 62-70 per cent of the financial burden will be borne by LG Chem. Of course, the reputational impact will be almost wholly attach to Hyundai.
QUESTION
“The electricity grid is not ready for millions of Australian's drawing that much power at night.” - RockyRamel
Two points there. A) It doesn’t have to be ready now, because unless we’re all a simulation running in the Matrix and someone changes the code overnight, it will take decades for the fleet to evolve to full (or even majority EV composition). And the grid can evolve as the fleet changes. And, of course, full electrification is a complete fantasy.
And B): On the grid, it kind of is ready, because we do it during the day. If charging happens overnight - no problem. When you run the numbers, we only need 10 per cent more total power generation capacity - hypothetically - to replace every passenger vehicle in ‘Straya and run EVs across the board tomorrow.
Watch the report to hear the other 15 questions answered...