Lithium Battery Pack Prices Crash - Legacy auto is about to be crushed

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The Electric Viking

The Electric Viking

Күн бұрын

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@gregwatling4041
@gregwatling4041 13 сағат бұрын
Sorry Sam just correct you, it’s wright’s law not Moore’s law.
@dorapadilla5731
@dorapadilla5731 13 сағат бұрын
Hey Greg. Glad you could be Moore Wright. ❤
@zes7215
@zes7215 13 сағат бұрын
wr
@babublue69
@babublue69 12 сағат бұрын
He is talking about mos law not mores law 😅
@electromega3077
@electromega3077 12 сағат бұрын
I prefer the Cheap's law
@The_Macaroon
@The_Macaroon 12 сағат бұрын
Hahaha he's been banging on incorrectly about Moore's law in all his videos.
@plodderexup
@plodderexup 13 сағат бұрын
By the time a Chinese EV gets to a buyer in the UK, the protectionists have doubled the price. So we'll struggle to see the benefit.
@TheSmallRabbit
@TheSmallRabbit 13 сағат бұрын
Just buy a 2nd hand EV they are very affordable and last a long time. With this even longer !
@dailyrd
@dailyrd 13 сағат бұрын
Nah I'll handle this Sam. I have huge news for European market. Huuuuuge. I'll create a channel just for that
@tyo0815
@tyo0815 12 сағат бұрын
​@@TheSmallRabbitbut to get used ones in the Market there need to be new ones sold
@Puzzoozoo
@Puzzoozoo 12 сағат бұрын
@@TheSmallRabbit 🙄🤣
@danutavram831
@danutavram831 11 сағат бұрын
@@TheSmallRabbit Second hand EV last longer !!🤣🤣🤣🤣🤣🤣
@michaelblom2883
@michaelblom2883 11 сағат бұрын
Hej Sam, Moores law : chips will double the capacity and halve the price every 18 months. Wrights law : For every accumulative doubling of production the cost will decline by a fixed percentage. Which percent is depending on the product.
@NoiserToo
@NoiserToo 11 сағат бұрын
Sam doesn’t read the comments 🤣
@chinesecrested9528
@chinesecrested9528 11 сағат бұрын
Sometimes, Moores' Wright...
@DefiantAML
@DefiantAML 10 сағат бұрын
I'm in Japan and I'm legit worried about car companies here. I've seen more and more BYD dealers pop up recently.
@chrissmith2114
@chrissmith2114 9 сағат бұрын
BYD have eye-watering debts, and they are one of the more 'successful' EV junk makers.
@JCSY1
@JCSY1 9 сағат бұрын
@@chrissmith2114 Every car companies have debts. All the top car companies have huge debts. EVs are not junk. Only those who stay stuck with traditional cars will stay stuck in the past.
@stumckhall
@stumckhall 12 сағат бұрын
European car makers have just raised their ICE prices to cope with the fines of not selling enough EVs further closing the gap
@ChickensAndGardening
@ChickensAndGardening 10 сағат бұрын
EU is shooting itself in the foot (tire?).
@situationalawarenes
@situationalawarenes 10 сағат бұрын
I found a method of reducing ev prices through prolonged meditation. I will do that a few more years.
@painfulorwhat8872
@painfulorwhat8872 12 сағат бұрын
Battery costs are high yes, but there is also a huge cost associated with making EV’s only at a premium specification and with lots of high tech equipment in them. I don’t need a luxury car. I don’t need 90% of the toys. I want a dumb car that “does the job”, is cheap to buy and cheap to run.
@MyLoganTreks
@MyLoganTreks 11 сағат бұрын
Auto manufacturers don't make money off these cars, they need to pay their executives bonuses. It's Probably Why Elon wants to end regulations on EPA and shitting his pants to get to Mars.
@Hookeslaw
@Hookeslaw 11 сағат бұрын
👍 Cheap and easy to fix, no over the air stuff.
@Soulboy63
@Soulboy63 11 сағат бұрын
Small ,simple EV s are hitting Europe @ £20 K NEW , 5 - 8 YEAR warranty. Used ev from 6 k
@kitatit
@kitatit 10 сағат бұрын
Absolutely! A light, single cab chassis ute(pickup) that’s simple and affordable for city work. But that won’t happen because most people want luxury, 4x4, capacity to tow a small universe, but most importantly, look cool.
@TimMountjoy-zy2fd
@TimMountjoy-zy2fd 10 сағат бұрын
That will be an EV - they are low cost to build bar the battery which is expensive. So if the battery becomes cheap you will get a cheap EV that does the job and costs less. The world is moving in your direction.
@ChickensAndGardening
@ChickensAndGardening 10 сағат бұрын
A slight correction: Apple & Foxconn have begun manufacturing iPhones in Vietnam and India (but some components still made in China, Malaysia, Japan, etc.). If Apple can successfully "de-risk" all of its manufacturing out of China, suddenly the center of gravity of technology will shift and China will suffer.
@paulmount1119
@paulmount1119 10 сағат бұрын
I think you forget, once they kill competitors by selling under cost, they will make it up by rising prices without any competition.
@FabioCapela
@FabioCapela 9 сағат бұрын
Like they did with solar panels? Oh, wait...
@igors6593
@igors6593 11 сағат бұрын
ICE manufacturers are following in Kodak's footsteps. It’s not even footsteps-they're plunging off a cliff.
@lidiasantoro3098
@lidiasantoro3098 10 сағат бұрын
Actually India has been manufacturing iphones since 2017 and has 15% of Apple production, rapidly rising.
@MrSinnerBOFH
@MrSinnerBOFH 9 сағат бұрын
Thank you, I came to post the same.
@TomTom-cm2oq
@TomTom-cm2oq 11 сағат бұрын
Sam doesn’t read ANY comments. It’s been pointed out in previous videos that it’s Wright’s law, not Moore’s law.
@NoiserToo
@NoiserToo 11 сағат бұрын
Correct 🤣 but somebody on his staff delete them.
@jj9749
@jj9749 10 сағат бұрын
If you produce as many videos as he does I don't think you would read the comments either
@NoiserToo
@NoiserToo 9 сағат бұрын
@@jj9749- agreed, quantity over quality…
@rondg2
@rondg2 13 сағат бұрын
batteries are going to get better and cheaper. we aren't even close to the theoretical limits yet so there's PLENTY of room for improvement. future batteries are simply going to be mind blowing, the same way the "supercomputer" in my pocket (mediatek g99) is compared to my first computer (286 processor)
@TheSmallRabbit
@TheSmallRabbit 13 сағат бұрын
100% look back at the Z80's of the 1980's and the VHS recorders that were £1000's even back then. Now you have something x1000 better for less than £300. I predict in less than 5 years we will be down to $25 per kWh with energy density over 700Wh/kg so smaller lighter and cheaper. Making solar in sunny places very very attractive, and for very low cost vehicles. Maybe I will see an EV campervan with 500 miles range and 5 days off grid capacity :-)
@williams4434
@williams4434 11 сағат бұрын
they had over a hundred years to get the batteries better
@mart34
@mart34 11 сағат бұрын
Try explaining how they're going to get better. Batteries are a well established technology, they're practically at the limits of energy density (kwh per volume/weight), charging speed might have some improvements. Then there's the big negatives - firstly longevity, people can't afford to change the battery at 20K cost every 15 years. Secondly, if all the ICE vehicles were replaced with EV, watch the rare earth metals commodity prices sky rocket making them even more unaffordable.
@FabioCapela
@FabioCapela 9 сағат бұрын
@@mart34 So well established that prices have fallen by over 98% in the last 33 years (over 99% in China) while energy density continues to climb. Battery tech is advancing fast enough you can't even take battery tech that's a mere few years old as a parameter. For example, you think batteries don't work in the extreme cold? CATL is starting production of a battery that works without issue at -40°, a temperature so low that regular gasoline freezes over.
@FabioCapela
@FabioCapela 9 сағат бұрын
@@mart34 As for rare minerals, modern batteries use Lithium (we have more than enough), iron (converting everything from fuel to batteries wouldn't even make a dent in our iron usage), and phosphate (same, as it's used in fertilizers). And we can use sodium also, which is hundreds of times more abundant than lithium (we could get all we need just from seawater).
@snodgee
@snodgee 11 сағат бұрын
Just been on Auto Trader UK and EV’s are more expensive than ICE in the same models
@Soulboy63
@Soulboy63 11 сағат бұрын
The best EV models , are holding price well , even at Auction
@FabioCapela
@FabioCapela 9 сағат бұрын
Do the same in China now, which is the country where price parity is starting to happen. As for the UK, the price difference between EVs and ICE cars is falling. In a few years (and assuming carmakers don't keep EV prices artificially high) there's a pretty good chance EVs will be cheaper than ICE cars.
@tonypower9315
@tonypower9315 13 сағат бұрын
Very Interesting, however we will still be paying 30-40k for a car that should be 10-15k , not matter which company it is….the robbing barstewards! We never see the benefits as consumers….only the shareholders….
@michaelthomas7898
@michaelthomas7898 12 сағат бұрын
Exactly no auto producing country is going to let their industry crash. We the people will take up the slack.
@ski1749
@ski1749 12 сағат бұрын
You missed the viking's videos on Chinese $15k ev and $20k cars. Based on the videos, they are as automated as Tesla. Chinese EV markets are going for market share. VW, Ford, GM and Stellantis are only thinking about profitability. Viking in a different video in early 2024 said that China had told all car makers 8 years ago that they would not allow sale of gas cars after July 2024. World car markers ignore the coming ban and now have nothing to sell in China.
@iscadean6038
@iscadean6038 11 сағат бұрын
It’s called capitalism. And it’s coming to the end of its useful life. Capitalism is essentially a giant ‘ponzi’ scheme. Those at the top get everything. We at the bottom get the crumbs. Marx had it right.
@pasdevosaffaires3038
@pasdevosaffaires3038 11 сағат бұрын
So buy their share
@jimtoomey9522
@jimtoomey9522 11 сағат бұрын
Have you not seen Teslas written goals? Tesla is providing less inexpensive cars every year . Bitter much ?
@John-p7i5g
@John-p7i5g 12 сағат бұрын
The disruption of horse and carriage occurred when the ICE became cheaper than a horse. It went from being a niche hobby (hence the term motorist, like it's a private hobby) to the default option over horse and buggy.
@Puzzoozoo
@Puzzoozoo 12 сағат бұрын
You forget the development of the petroleum industry and sources of oil found around the world.
@NoiserToo
@NoiserToo 11 сағат бұрын
And promotion in the states of a vast road infrastructure system. Ironically, many environmentalists would like us to return to the horse! 🤣
@Mark-l9k9q
@Mark-l9k9q 11 сағат бұрын
Yeah. People bought ICEs because they were better than horses. EVs are not better than ICEs.
@GG-si7fw
@GG-si7fw 10 сағат бұрын
Check out Norway, China, Finland, Sweden, Denmark. The EV sales are growin, which means they are better than ICE vehicles. China overtook Japan as the largest exporter of vehicles in 2023, and Germany in 2022. This is 2024 not 2014, or 2019.
@FabioCapela
@FabioCapela 10 сағат бұрын
@@Mark-l9k9q But they are. EVs are much simpler mechanically (less parts to break or fail, and they are compact enough most pure blood EVs offer bigger internal space and trunk space for the same size car body), have a better performance curve (faster acceleration), have no exhaust (no odd smells, no chance of killing owners if they run the car in a closed environment), much lower fire risk than an ICE car (and doubly so for modern batteries), silent and vibration-free engines, and you can charge them at home saving big in the process (where I live charging at home is 80% cheaper than fueling a similar size car). The only disadvantages of EVs are battery weight and price (which is disappearing due to improvements in battery tech) and charging infrastructure (which not only is getting fixed, in many cases it don't matter anyway because, differently from an ICE car, you can charge an EV at home).
@michaelthomas7898
@michaelthomas7898 12 сағат бұрын
These companies have been around for over a hundred years. They obviously have no idea what they are doing.
@The_Macaroon
@The_Macaroon 12 сағат бұрын
They should ask a guy broadcasting from his bedroom. He'll be able to tell them what to do. As long as he doesn't mention Moore's law 😂
@derekgenre8057
@derekgenre8057 11 сағат бұрын
BlackBerry, Kmart, Sears, Radio Shack, Montgomery Wards and many many more ….. were all GIANTS …. But failed to evolve …. Steam powered trains fired by coal.. were incredible in their day… no one imagined a world without them …. Yet here we are…
@simonpaine2347
@simonpaine2347 11 сағат бұрын
They know exactly what they're doing. Ripping us off. Servicing and maintenance of new cars is where legacy automakers profits are highest. They are struggling to cope with a completely different business model, which is basically sell a reliable car and only see it for a 20 minute check up twice a year.
@derekgenre8057
@derekgenre8057 11 сағат бұрын
@ you said it PERFECTLY!!!!!
@mementomori7825
@mementomori7825 11 сағат бұрын
The people running those companies have not been in those companies for a hundred years. Most of them are there because of who they know, not what they know.
@SandyMunro-dc5np
@SandyMunro-dc5np 11 сағат бұрын
What do you think about MGUY AUSTRALIA ? He always says bad things about EVs, I am using Victa electric lawnmower, I cannot think to go back to loud petrol mower. EVs are great. But this MGUY AUSTRALIA is living under the rock.
@HumblePeon2
@HumblePeon2 10 сағат бұрын
He is a bitter, negative guy.
@jj9749
@jj9749 13 сағат бұрын
Enough with the Moore's Law error
@The_Macaroon
@The_Macaroon 12 сағат бұрын
Don't tell Sam, tell his script writer at Xpeng
@DGlass-yg8xk
@DGlass-yg8xk 11 сағат бұрын
I suspect ChatGTP and Xpeng.
@mr.goeser1867
@mr.goeser1867 11 сағат бұрын
Exellent analysis, I wish you an Electric Christmas🎉
@pgiatrakis
@pgiatrakis 13 сағат бұрын
Thanks for the accurate videos and all your hard work. Great news for the industry! EVs are revolutionizing everything. Merry Christmas Electric Viking !
@dermotporter5280
@dermotporter5280 12 сағат бұрын
Cost of public charges and lack of house chargers is a game breaker in Europe.
@LawrenceAsero
@LawrenceAsero 11 сағат бұрын
Also in the US for people that don’t have home chargers. Their will never be full adoption of EV’s until there is infrastructure to accommodate those that live in multi unit dwellings
@NoiserToo
@NoiserToo 11 сағат бұрын
Also is the fact that the area I live in in the states has nearly the highest electricity rates, which negates any savings at the pump.
@JimBob_1975
@JimBob_1975 11 сағат бұрын
What about people who haven't the luxury of off street parking
@T.RockTx
@T.RockTx 11 сағат бұрын
With the advent of autonomous Cybercabs, people will find it much cheaper to use cyber cabs for local transportation than the major e Penske of purchasing and maintaining their own vehicle. Apartment dwellers will be able to avoid car ownership expense.
@RichardWeeks-f8w
@RichardWeeks-f8w 10 сағат бұрын
Moore's law refers to the number of transistors on a micro processor. Wright's law describes the cost of production decreasing by a constant percentage for each doubling of cumulative production.
@endrefidje5698
@endrefidje5698 13 сағат бұрын
Some iPhones are made in India so the Electric Viking is talking BS at times ... 🤔
@DerVersteherPlus
@DerVersteherPlus 13 сағат бұрын
The Electric Mao talks bullshit quite often.
@williamlewandowski129
@williamlewandowski129 13 сағат бұрын
India get their components to build the I Phone from China. But yes, Apple is slowing attempting to reduce manufacture of I Phones completely in China, this is their first baby step.
@ZgO_o
@ZgO_o 12 сағат бұрын
They already left India, what are you talking about?? Apple had over 50% defect, quality and destruction issue there plus it cost far too much since India transportation system is a mess. No wonder Apple, Tesla etc price gouges consumers with geniuses like you people. most big brand names have from 20 to 60% of their profits coming from China Name any brands and then look at where they sell most and where they manufacture to export. Tesla builds most of its cars in China then exports it even many in U.S tesla have CATL battery. What a bozo, living in 80s where everything came from U.S
@DaveBarnes1
@DaveBarnes1 12 сағат бұрын
His fact hit rate is about 80% and he doesn't understand some of the new technology, but the general direction is pretty spot on.
@cidie1
@cidie1 10 сағат бұрын
since it is far off it makes me doubt the rest. the crucial iphone components are not even made by china.
@zinkla10
@zinkla10 12 сағат бұрын
If the CCP stops subsidising the car companies, then what? 🤔🤔
@simonpaine2347
@simonpaine2347 11 сағат бұрын
Probably a similar effect that would happen ic western governments stop subsidies to fossil fuel companies.
@NoiserToo
@NoiserToo 11 сағат бұрын
Hehe…. But they won’t because they are the tip of the spear.
@blueeyes6192
@blueeyes6192 11 сағат бұрын
lmao copium ? 😂
@22190971
@22190971 10 сағат бұрын
They dont
@patton3338
@patton3338 10 сағат бұрын
Are subsidies worse than CEO's getting paid hilariously large sums of money, jacking up the cost of every car sold for no reason?
@nicholasbrus8628
@nicholasbrus8628 11 сағат бұрын
We keep hearing about how many miles a battery pack will last, but this isn't so important when most people average around 10,000 miles/year .... more important is how many years the pack will last as we can expect cells to degrade with age and environmental conditions.
@lordofsevenrealms
@lordofsevenrealms 11 сағат бұрын
iPhones are not made in any country outside of China? So what're they doing in their plant in India?
@blueeyes6192
@blueeyes6192 11 сағат бұрын
lmao it’s assembly in 🇮🇳 . Most components parts are supplied by China 😂
@cidie1
@cidie1 10 сағат бұрын
@@blueeyes6192 no they are not
@lewiswithrow1936
@lewiswithrow1936 9 сағат бұрын
You are referring to Wright's law, not Moore's law. In 1936 Theodore Wright an aircraft engineer working for Curtiss-Wright aircraft manufacturer made an observation and model. Wright's law is a model for predicting manufacturing costs based on cumulative production volume. It states that for each doubling of production volume, costs decrease by a consistent percentage (typically 10-30%). The formula is: Y = aX^b, where Y is unit cost, X is cumulative production, a is first unit cost, and b is the learning rate. This model has proven remarkably accurate across industries, from aircraft manufacturing to semiconductor production, helping companies forecast costs and plan production strategies.
@TheSmallRabbit
@TheSmallRabbit 13 сағат бұрын
This also has implications for older EV's too. Say 15-20 years old will be able to get a new possibly bigger replacement battery for maybe only a few thousand dollars making them last even longer. I mean the BMW i3 could last for ever ! at $53/kWh for the i3 that's $2226 or £1775 ! wow just think about that.
@Gabor-y3h
@Gabor-y3h 12 сағат бұрын
and who will build a battery for you ? you don't even know what a pain to work on an EV compare to any ICE car..... I have to dress up like a biohazard guy before even touch the power train..... 1000V PPE all around..... it is many more times sucks than repairing any ICE cars..... and it does not pay more and you are delusional of the price because I will charge extra several grand to give you warranty over the rebuilt battery ( you have to reseal that battery pack to air and water tight ..... )
@macmcleod1188
@macmcleod1188 13 сағат бұрын
We need to see these cheap prices in batteries for home systems. Last I looked it's still running about $800 per thousand Watts. It should be down to about $400 per thousand Watts now. They are artificially holding up the prices.
@TheSmallRabbit
@TheSmallRabbit 13 сағат бұрын
You are so correct. Even if these were treble the stated $53 /kWh a home battery system would make sense. The costs at the moment are artificially being kept high, but why and by who? Is it just profiteering? $53 per kWh a home battery of 15kWh is now only going to cost $795 ! wow even if that was $1500 it makes commercial sense to the seller and buyer. But no in the UK this system would be close to £10K
@SuperMassman
@SuperMassman 13 сағат бұрын
.. I see a market for people using car batteries for home power storage,, also stripping new cars of batteries and selling them on the black market 😄.. welcome to the future
@heikoguckes5693
@heikoguckes5693 12 сағат бұрын
I just bought an Alpha 7.8 kWh for about 4k€ in Germany. I still think it's way too expensive compared to numbers like 69$ per kWh.
@ski1749
@ski1749 11 сағат бұрын
Lfp batteries are 59% cheaper than 2 years ago the Viking says. The solar/wind storage batteries are success because of the huge price drop.
@Kranskinator1
@Kranskinator1 11 сағат бұрын
I recall years ago that battery manufacturers where purchasing Lithium prior to extraction and processing to meet future demand in the EV industry. If there has been a significant price correction for lithium, would this not suggest that EV sales are not reaching forward projected sales estimations? Maybe there is a supply demand equation thats not being factored in.🤔
@FabioCapela
@FabioCapela 9 сағат бұрын
EV sales are surging faster than predicted, in large part thanks to China (the largest car market in the world by far, who reached its EV market share goals years ahead of schedule).
@TKevinBlanc
@TKevinBlanc 9 сағат бұрын
Not really related, but I saw my first BYD on the roads in Colombia. It was a very nice looking SUV.
@ridervfr2798
@ridervfr2798 13 сағат бұрын
I have a Hayunday ionic 5 with a level 2 charger installed at my house. Its a fast car and wife goes too fast in it. Not my thing but i can accept technology
@Scotty_AU
@Scotty_AU 13 сағат бұрын
I don't understand why they don't tone down performance and instead provide a longer range
@tyo0815
@tyo0815 12 сағат бұрын
​@@Scotty_AUbecause it makes no difference. With ab bigger engine you also can recuperate more Energy.
@ridervfr2798
@ridervfr2798 10 сағат бұрын
@@tyo0815 that is if you set up the regen feature to the maximum. Whe i drive it, it is in sport mode with the least amount of regen braking. She like the acceleration and will pay the price in tires when the lease is up.
@mikerelf1362
@mikerelf1362 13 сағат бұрын
battery pack cheaper than an engine? I would hope so,
@ronaldlindeman6136
@ronaldlindeman6136 12 сағат бұрын
battery pack cheaper than an engine and transmission.
@cmac7384
@cmac7384 9 сағат бұрын
You're describing dumping. China agreed not to dump when it joined WTO.
@Anon54387
@Anon54387 9 сағат бұрын
Thanks for pointing this out. China does the same with steel. And these EV advocates fail to understand that subsidies just give EVs the appearance of competitiveness.
@CristiCroicu
@CristiCroicu 12 сағат бұрын
Small correction: iPhones are made also outside of china. India is the other country where it is produced. Also, there are talks to move production for US market in the US.
@blueeyes6192
@blueeyes6192 11 сағат бұрын
lmao India is only assembly . Most parts are shipped from china to india 😂
@cidie1
@cidie1 10 сағат бұрын
@@blueeyes6192 The crucial components are not even made in China, Apple design the processors, TSMC make them. memory chips much comes from south korea, many sensors come from japan or europe, displays come from south korea or japan. Much assembly is done in china yes, by a taiwanese company that is moving more assembly to other countries.
@markbody222
@markbody222 11 сағат бұрын
Cheaper yes but maybe only for a time for a monopoly to take over and bump prices way up.
@thyristo
@thyristo 10 сағат бұрын
Wright’s Law vs. Moore’s Law: While Wright's Law focuses on cost reduction with production scaling, Moore's Law predicts the doubling of transistors on a chip approximately every two years, leading to exponential improvements in computational performance. Both are often used together in technology forecasting.
@CARambolagen
@CARambolagen 11 сағат бұрын
So when do these prices finally reach eBike battery prices then??? My bike dealer still wants 800 Euros from me for a 500w/h battery 😡
@emeldahay
@emeldahay 13 сағат бұрын
I agree with you 100%. Wait...that just dropped to 71% for no reason. I love EV batteries.
@Berretotube
@Berretotube 12 сағат бұрын
Brilliant. Same my friend - EVs are a revelation and a revolution. What do you drive?
@h2rider953
@h2rider953 13 сағат бұрын
Legacy Auto in China is in deep trouble.
@mikerelf1362
@mikerelf1362 13 сағат бұрын
They are incapable of producing quality ICE vehicles that is why the promote this battery powered junk!
@tyo0815
@tyo0815 12 сағат бұрын
Non existent enymore
@houseofancients
@houseofancients 12 сағат бұрын
Legacy auto is in trouble everywhere
@tyo0815
@tyo0815 11 сағат бұрын
@@houseofancients because it is obsolete
@budbud2509
@budbud2509 11 сағат бұрын
China is in very deep financial trouble , whether its the collapse of the housing market , or the 60 Trillion yuan local gov debt that will rise to 65 Trillion yuan in 2025. The outlook for chinese is bleak . Over the last 1 year 5 million people have left Shanghai and gone back to the provinces because there is no work there anymore Thousands of companies are going bankrupt , and overseas companies are shutting up shop and leaving, not just in cars , but in electronics. One of the reasons that the chinese markets are buying more EV's is the new stringent OBD tests on ICE cars in china , if a car fails an OBD test it twice it is automatically scrapped , even though it may only have 20k km on the clock it will be crushed. But when it fails u can only get it repaired at a gov station , so u are screwed kzbin.info/www/bejne/r6SnfqmHrZqjirs Lots of evidence about a chinese financial collapse kzbin.info/www/bejne/jqDbY5yeoMeUadE kzbin.info/www/bejne/nJCTeJucd9ena5o
@neiljohnson6815
@neiljohnson6815 10 сағат бұрын
How about discussing the environmental damage that mining lithium causes and the child labor involved in third world countries?
@charlescourtney4412
@charlescourtney4412 9 сағат бұрын
How about discussing the environmental damage caused by the mining cobalt for a catalyst in production of fuel for ICE vehicles and the child labor involved in third world countries?
@connclissmann6514
@connclissmann6514 10 сағат бұрын
By now, legacy auto knows what's coming - it's just that they don't have the flexibility to react quickly enough. They have huge staff commitments, e.g. VW. Comparison of Northvolt vs. CATL is laughable.
@TheZwevegemsb
@TheZwevegemsb 9 сағат бұрын
Its time to buy nano one stock! One pot from canada. Slides used in this video are from them 👍
@GarzaB
@GarzaB 9 сағат бұрын
Fantastic news! The US and EU are falling so behind.
@chrisbryden8102
@chrisbryden8102 9 сағат бұрын
Show me the infrastructure!!!! My god we are hitting a dead end. We can’t miraculously replace all the ice vehicles and expect this energy to come out of thin air.
@EngsaidIbrahim
@EngsaidIbrahim 13 сағат бұрын
Fantastic channel 🎉🎉🎉 👏👍👏👍👏👍
@darthkek1953
@darthkek1953 12 сағат бұрын
Everybody realises the Chinese endgame which is why 2025 will be the Chinese Year of the Tariff.
@igors6593
@igors6593 11 сағат бұрын
I highly doubt that American labor unions would agree to workers earning $3 per hour. Or that American buyers would take on a 30-year mortgage to buy an ICE car.
@COLLAPSE.of.US.ECONOMY
@COLLAPSE.of.US.ECONOMY 11 сағат бұрын
Thank God for China! Thank you Sam for your video👍
@fungus70
@fungus70 9 сағат бұрын
I don't see EV prices coming down much.
@Shinael
@Shinael 10 сағат бұрын
Yes you're right Sam, we are witnessing an industrial revolution because of this energy transition. It's so exciting to be a small part of it! But a little scary too because nonbody can tell today exactly where all this will lead many brands we like for a long time. Just one little but important point: when you consider the China batteries prices, you're right about it if they are used in this country, but if you want to compare with european or U.S. prices, you have to take in account the imports fees and the shipping costs, because it's the way the final selling prices are calculated . If you do, you will see that the chinese price increase from 60 to 80%, so no, european or U.S. products are not so expensive compared to chinese IF they are used on the markets where they were branded.
@andywolan
@andywolan 9 сағат бұрын
Prices for batteries going down, but are they safe? And do they actually store the quoted amount of power?
@fh61234
@fh61234 9 сағат бұрын
But insurance companies will not insure garages that allow EV parking.
@1138prometheus
@1138prometheus 11 сағат бұрын
Oh that is a ridiculous lie that iPhones are only made in China. Have you been paying attention to the decoupling wave production for every product is moving to Vietnam and India, so I think you should do some research on that little fact. In fact, pretty much the only thing still manufactured in China are EVS which is why they can start with 800 EV companies lose 400 and still have 400 left for how long. Who knows.
@robinhodgkinson
@robinhodgkinson 12 сағат бұрын
Legacy manufacturers must be (battery) packing their pants! Since seeing the Chinese car industry up close recently I have zero doubt there is a tsunami coming, and as you say, most punters do not see it coming!
@sub7up.
@sub7up. 11 сағат бұрын
@@robinhodgkinson It could be stopped easily, why its not its insanely naive..
@KenSiebring
@KenSiebring 12 сағат бұрын
Looking forward to getting a powerwall for $63 per kw …….. lol
@Radio_FM_3123
@Radio_FM_3123 12 сағат бұрын
Very soon every household will have their own battery system in US, Canada, Australia ...etc, then the grid will be stable.
@joeyabb1965
@joeyabb1965 11 сағат бұрын
You could give away the EV batteries but if end users can’t get access to charging stations the point is moot.
@Ria-hx8nl
@Ria-hx8nl 10 сағат бұрын
When the price of a Tesla model 3 drops below that of a Toyota Camry, I'll pay attention. As of now, a Model 3 is more than 2x the price of a Camry.
@roymoorman5990
@roymoorman5990 10 сағат бұрын
Appreciate the raw facts. But I don't see EV's becoming cheaper to buy (or especially own) in the next two years. Consumers are turning away from EVs here in the EU due to a combination of reasons including reduced incentives and unpredictable residual value. Probably the most important reason that battery technology becomes cheaper is by slower increase in demand for automotive compared to previous projected growth.
@cidie1
@cidie1 10 сағат бұрын
Yeah I think you hit the nail on the head, it's not more complicated than that.
@ksbrugh9886
@ksbrugh9886 13 сағат бұрын
iPhones are also assembled in India. most of the high-tech internal parts of the iPhone are made in Western countries. Chip core, gyroscope etc etc
@Liboch
@Liboch 12 сағат бұрын
iPhone parts are made in dozens of countries. Based on the company HQ, the parts are mainly made by American, Chinese, Japanese, South Korean, Dutch and Swiss companies. But physically the parts are mainly made in China, Japan, Taiwan and South Korea.
@ksbrugh9886
@ksbrugh9886 12 сағат бұрын
@Liboch yeah kind of what I was getting at just didn't have time to print out a novel on break lol. But they are assembled in India as well
@Liboch
@Liboch 10 сағат бұрын
@@ksbrugh9886apart from western companies from America, Netherlands and Switzerland, companies from Japan, China and Japan too make the parts. However most western companies make the components and China and Taiwan. Assembly of the phone is made in China, India and Brazil. China still assembles about 95% of iPhone.
@erikekdahl6233
@erikekdahl6233 12 сағат бұрын
If only western battery manufacturers could get away with ingoring all environmental and human rights standards like the Chinese do, and throw in some anticompetitive subsidies too, then it would be a level playing field and western manufacturers would have a hope.
@vicentevaldez1696
@vicentevaldez1696 10 сағат бұрын
Only Asian companies manufacture eV battery .... even Tesla buys from Chinese companies 😂😂😂😂
@kebabtray1225
@kebabtray1225 12 сағат бұрын
Any leap in battery technology or reduction in battery manufacturing cost affects the resale value of existing EVs. Price Stability in the used EV market is a problem. When you buy a new Toyota/Mazda/Hyundai/Kia. ICE or Hybrid. You know how much you will get when trading in.
@Gabor-y3h
@Gabor-y3h 12 сағат бұрын
have you tried to dispose a died EV ? you will have surprise on all level :D it is not like you just put it on a trailer and drive to the nearest junk yard :D
@DaveBarnes1
@DaveBarnes1 12 сағат бұрын
@@Gabor-y3h The batteries in particular are valuable for home use, so there is some real value in recycling an EV. Not so much with an ICE engine. The other parts like lights and electronic modules are pretty much the same on EV and ICE vehicles.
@thorblau7943
@thorblau7943 12 сағат бұрын
Well, if new EVs are getting cheaper than new ICU cars the prices for the used ICU cars will eventually fall as well.
@FrankiePo89
@FrankiePo89 11 сағат бұрын
Battery improved and price reduced, resale value affected.* Today buy new EV, 30K. 6 month later, sell off for just 10k because of the above*. Get another new EV, WOW, only 20k, also because of the above*. Make sense?
@kebabtray1225
@kebabtray1225 11 сағат бұрын
@thorblau7943 That's all in the future . I'm talking about buying a new EV now. The point I'm making is they dont even have to release better battery technology, just discussing the possiblity of it can affect consumer confidence. The same way we can talk ourselves into an economic recession. If there were new press releases every day about ICE engines the same way their currently is for battery tech, it would put people off buying ICE vehicles.
@melaniezette886
@melaniezette886 10 сағат бұрын
Wait and see
@fpsharing
@fpsharing 10 сағат бұрын
EV sales have crash in the U.S.
@balvadeniz
@balvadeniz 10 сағат бұрын
Sodium ion battery is the Best choice for grid level energy storage.
@NoiserToo
@NoiserToo 11 сағат бұрын
Sam, Shanghai Rose 🤣
@logofthelex2668
@logofthelex2668 12 сағат бұрын
There is a new sheriff in town.
@Katrina-mx2sf
@Katrina-mx2sf 10 сағат бұрын
In Canada, new cars start at 50k
@chasf3433
@chasf3433 10 сағат бұрын
EVs are still be held back by current battery technology e.g too big a pack for too little range especially in cold weather. The big breakthrough will when 400 Whkg low cost batteries hit the market so we can have long range small EVs.
@balvadeniz
@balvadeniz 10 сағат бұрын
Lithium and silicon dopped sodium ion battery could be a good alternative against lfp battery. İt could have nearly same energy density with lfp battery.
@StipanRamon
@StipanRamon 13 сағат бұрын
Moore's law is about computing Power and chip size, Not about batteries...
@tyo0815
@tyo0815 12 сағат бұрын
That is right the Evolution of batteries is faster.
@DaveBarnes1
@DaveBarnes1 12 сағат бұрын
Its about the number of transistors on a chip. However, it's generally used as a proxy to show exponential growth, as it's showing here.
@stevebrooks2361
@stevebrooks2361 12 сағат бұрын
True, better to reference the Experience Curve Effect which predicts similar effects for different products. Also Swanson's Law as applied to photovoltaic modules that predicts 20% price drop for each doubling in shipping numbers. This is a misuse of Moore's Law, but similar rules apply in other manufacturing processes.
@kng128
@kng128 11 сағат бұрын
He really means Wright's law for manufacturing.
@DGlass-yg8xk
@DGlass-yg8xk 11 сағат бұрын
Sam screws this up constantly or maybe ChatGTP does
@timjudshore6907
@timjudshore6907 11 сағат бұрын
outstanding content and insight 😮
@rgrost1
@rgrost1 9 сағат бұрын
The elephant in the room is that there is not enough electrical generation capacity to charge these cars. You were not around in 1973 when gas shortages occurred. You did not see the anger and frustration. Supply and demand. Govs are pushing for EVERYTHING to go electric, not just cars. How viable will this all be when electricity is triple the cost - and you still cannot get it...
@FabioCapela
@FabioCapela 9 сағат бұрын
As long as the utilities are on top of their game they can easily do this; we are talking about an increase that will take over a decade. If your utility can't do it, it's because its a very badly managed company.
@ramblerandy2397
@ramblerandy2397 9 сағат бұрын
Tbf, yes Sam quotes Moore's Law and it's actually Wright's Law that he's using. Aside from that, the thrust of what Sam says is right. I've checked out the current costs and prices of minerals, cells and packs recently, and he's there or thereabouts with the numbers. I've seen a dollar of two lower, but I certainly recognise his numbers. However Sam, come on it's Wright's Law, not Moore's Law in the context of large scale battery manufacturing. 😊
@leaulife569
@leaulife569 12 сағат бұрын
Astounding gaslighting here.
@Puzzoozoo
@Puzzoozoo 12 сағат бұрын
Yeah, an I have heard the electric viking drives an ICE car.
@gbw28
@gbw28 12 сағат бұрын
@@Puzzoozoonot anymore, he has an Xpeng G6.
@Mark-l9k9q
@Mark-l9k9q 11 сағат бұрын
Yeah. You wonder how much money China's EV producers are lining the pockets of some.
@philg7889
@philg7889 11 сағат бұрын
"EVs are already very affordable..." 😂😂😂😂😂😂
@Pit5336
@Pit5336 10 сағат бұрын
Can you imagine the impact on country like brasil??? So much sun to power you car and drive for free on top of that store excess energy in battery pack.
@thalesofmiletus2966
@thalesofmiletus2966 9 сағат бұрын
And yet another YT contributor just published a video on new car sales in the UK plummetting as companies and private drivers decide ti keep their cars longer.
@stephanegrosjean4990
@stephanegrosjean4990 11 сағат бұрын
Right at the start, you’re wrong about iphone. They are also produced in India, Vietnam and Brazil. A lot of things are moving outside China, btw. It’s still the main factory of the world, but less and less. Vietnam is a typical new location nowadays.
@BrianBetron
@BrianBetron 11 сағат бұрын
Nice job
@natesj6105
@natesj6105 10 сағат бұрын
I wonder how much batteries prices are going to matter if it isnt cheaper buying it versus renting it per mile FSD AI cars. Thoughts?
@PD55_
@PD55_ 9 сағат бұрын
With EVs having 30% fewer parts than a comparable ICE vehicle, adding in the benefit of newer more automated manufacturing, the speed of EV production per unit must also be a lot faster regardless of the total cost comparison. But I have not seen anybody do an analysis of production rates to confirm. Basically, an EV factory should be more productive, contributing to faster ROI.
@brucedavenport
@brucedavenport 11 сағат бұрын
As the price of KWH comes down, one aspect of an EV that doesn’t seem to get much notice is the ease, and cost, of replacement. For most battery operated items, considering how easy it is to recharge the battery is often a purchasing criteria. Replacing the batteries is the next related consideration of a purchasing choice. For EVs, this doesn’t seem to be forwardly mentioned. There where some predictions decades ago that an EV could recharge or simple swap out its battery for a pre charged battery as a quicker refuelling option. Okay, that seemed ludicrous to some, however replacing batteries should at least be a trivial effort for a mechanic, not much more than changing a tire or a battery in an ICE vehicle. What we are seeing are EVs with integrated batteries that the notion of replacing a battery is a major undertaking. Battery maintenance needs to be discussed when assessing, or comparing, EVs in the marketplace. While there may be many details to consider, the bottom line of its cost, and of how complicated or trivial, the task is, from the owners perspective, or the mechanics perspective. Can any typical mechanic posses the skills to replace, or perform maintenance, to the batteries of an EV, at a reasonable cost?
@AjayTiwari-en9nz
@AjayTiwari-en9nz 11 сағат бұрын
Currently the cheapest Li-ion battery used in Vehicles is available at $107 per KWh even in China. In countries outside China the same battery chemistry available can be anywhere between $118- $134 per KWh. The Li-ion batteries that go in stationary storage are cheaper as they don't have to be made safe for crash tests etc. The magic number for Li ion batteries i.e $100 per kWh won't be achieved globally before 2027. But after that it will certainly be more expensive to own a gas/petrol powered car.
@vitorlima1092
@vitorlima1092 13 сағат бұрын
Hello from Brazil!
@chillxxx241
@chillxxx241 13 сағат бұрын
Close to 98% of Chinese EV related companies are already bankrupt.
@michaelthomas7898
@michaelthomas7898 12 сағат бұрын
Sorce?
@hypocritehater1673
@hypocritehater1673 12 сағат бұрын
Uuuh uuuuhhh uuuuhhhhhh,not 99,9999% as I heard,oh you harebrain,don't just open your mouth to show how stupid you are😂
@jackneuman5108
@jackneuman5108 12 сағат бұрын
@@chillxxx241 98,5% of internet statistics are made up on spot.
@chrisward5626
@chrisward5626 12 сағат бұрын
lol making up stats just makes you look silly . How often has every government bailed out every single legacy automaker ?
@chillxxx241
@chillxxx241 11 сағат бұрын
@ It’s not made up. Most of these companies were not automotive companies prior to the government subsidies. They did other things or were formed explicitly to take advantage of the government subsidies. The Chinese government is doing what it can to “unwind” the problem and let most of these “zombie” companies die, but large corporations like BYD also supplied these companies. It’s going to get really bad…really fast.
@larryg7109
@larryg7109 9 сағат бұрын
I can see people having one EV, but we have three cars. How am I supposed to charge three cars at my house?
@jamesalias595
@jamesalias595 9 сағат бұрын
They need to make EV batteries interchangeable so that any pack can go into any vehicle, just as automotive batteries and flashlight batteries are interchangeable, then EV's could replace ICE cars. EV battery pack prices might drop but there will be no replacement battery for your vehicle in the future because they are unique to the individual vehicle model. Also we need to have only one standard for charging plug worldwide.
@jaminunit
@jaminunit 10 сағат бұрын
The problem is Australians and many other countries don’t produce enough power to deal with so many electric cars.
@MrSteeDoo
@MrSteeDoo 9 сағат бұрын
If only we could figure out how to generate electricity...
@Anon54387
@Anon54387 9 сағат бұрын
@@MrSteeDoo California has figured it out. Apparently generating electricity is a matter of closing power plants while mandating electric cars. If that sounds illogical it is just because you aren't as smart as Gavin Newsome and others in the California government.
@johannmalan2994
@johannmalan2994 13 сағат бұрын
My question is with battery power that is going to take over the market, how much is it going to hurt the rich oil producing countries?
@DaveBarnes1
@DaveBarnes1 12 сағат бұрын
It will eventually, peak oil in transport has already been reached and is starting to fall. When batteries become good enough, you will see larger vehicles using them, and more grid scale storage (already the cheapest way to store energy on the grid) You probably won't need personal home batteries as the grid can store it for you. There may of course be a cost benefit in having a home battery!
@tonystorcke
@tonystorcke 12 сағат бұрын
I was going to listen to this video but then the misinformation hurt me so badly. iPhones are made in China but they're also made in India and vietnam.
@flutieflambert
@flutieflambert 10 сағат бұрын
American tariffs on Chinese EVs protect Tesla and US auto that can’t compete.
@captainz9
@captainz9 11 сағат бұрын
Ice autos will never be crushed, I for one would never buy an EV... I'm sorry, it was 4°F out Sunday morning, I am not going to have my "fuel ranj" shrink due to cold, on top of the fact that I can't heat my car without reducing my range even more, on top of that this time of year we might lose power in a storm... EVs are probably quite nice in so.Cal. where it's mostly sunny and warm, but they are thoroughly impractical in many other cases.
@jsanders100
@jsanders100 9 сағат бұрын
Yada yada, 5 years you’ll be driving one
@InimitaPaul
@InimitaPaul 12 сағат бұрын
How can anyone trust anything else you have to say when you don’t do your research properly? 14% of iPhones are made outside China (I did and Vietnam predominantly) and it’s increasing year on year.
@keith8346
@keith8346 9 сағат бұрын
thank you for your time. You do a great job informing everyone that is smart enough to listen, a lot of wisdom here.
@zemanattila8894
@zemanattila8894 11 сағат бұрын
One size fit all ain't gonna work for everyone....
@chesshooligan1282
@chesshooligan1282 12 сағат бұрын
EV is very good I buy very nice 🙂
@richardcottone6620
@richardcottone6620 10 сағат бұрын
I don't understand why EVs have to be ultra high tech . why can't they make a very basic auto, for an affordable price
@JP-gi2pr
@JP-gi2pr 11 сағат бұрын
The BYD scandal in Brazil has put me off buying a Chinese car. Incidentially, when the history of EV bloggers comes to be written Sam might be the Lord Haw Haw of the genre.
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