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[deleted] t1_irx2c9u wrote

Also they forgot to mention the biggest EV manufacturer of busses and heavy duty vans in China is bankrupt. And that only very few brands have profits and only in the personal vehicles sector. So diesel trucks are not going anywhere any time soon, what is really bad news.

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PeteWenzel OP t1_irx6fex wrote

What are you talking about? BYD is the world’s largest EV bus maker, and is very much not bankrupt.

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[deleted] t1_irx99we wrote

BYD biggest sector is more personal vehicles that's why W Buffett is also taking money out of BYD, even for busses their main market is not china, YAngtze Motors that is in bankrupt, have over 20 different models of busses and vans, not sure how many models BYD provide in China because their numbers are really shady, but I don't think they have so many models in the public transportation, vans or heavy duty in general. That's the main focus of the report. Personal vehicles are doing fine for the moment everywhere,.how long will last? Who knows, but busses, trucks, vans and heavy duty in general they are not going anywhere.

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PeteWenzel OP t1_irxe3as wrote

You’re wrong about busses: https://www.iea.org/reports/global-ev-outlook-2022/trends-in-electric-heavy-duty-vehicles#abstract

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[deleted] t1_irxnc3i wrote

Increase of registration is not equal to profits, Public transportation and heavy duty vehicles are not as profitable as personal vehicles. They are many examples of this before EVs, I don't think is related to quality or productivity, is just because the volume is much lower and the vehicles are less disposable like the personal vehicles. It would be good if they start from the basics, like build a EV truck that can deliver the personal EVs for general public instead of sending diesel trucks to deliver EVs.

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MilkshakeBoy78 t1_irxem7i wrote

why cant busses, trucks, vans be as numerous as personal vehicles? they will eventually be phased out from gas powered to ev vans definitely can be mass produced since it's basically a SUV

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[deleted] t1_irxorpn wrote

That's a really good question, and to be honest I don't know why. I think people put to much personal affect and emotion in their vehicles and they just don't want to stop using them, is like an addiction. We should be very capable of building huge amounts of EV busses and vans and give service for free, at that point there will be no reason to have personal vehicles, but I am very sure we will still see many people trying to keep and try to justify the use of personal vehicles.

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