ICE v Electric: Cost and Emissions
- Thread starter DomB
- Start date
MC2
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- Jul 22, 2020
Yeah. More of a comment on stock market craziness
Campgottagopee
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- Jul 20, 2020
Right. As soon as GM and Ford go back online, this chart will change in about 36hrs....lol
Campgottagopee
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- Jul 20, 2020
DomB
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- Aug 25, 2020
At some point, Rivian was number 3 by market cap, behind Tesla and Toyota, I think.
Is there some craziness? I think so. It looks like the S&P 500 is up like 30-40% in the one year period.
I also think it is higher valuation being assigned to EVs for some reasonable reasons (not saying the level of higher valuation is reaosnable in my opionion): 1) All the climate discussion and reducing emissions from transport being one concrete way to hit 25% of emissions; 2) whether or not people care about that, the government is incenting (sp?) these companies with things like cap and trade rules (Tesla sells a bunch of credits and arguably would have gone bankrupt without them) and incentives to consumers (EV tax rebates) that make it cheaper to buy these vehicles over time.
DomB
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- Aug 25, 2020
Some of these appear to have been pure frauds, that even duped some of the 'big boys'. Perhaps it was Nikola that had entered into a big deal with GM and it turned out to be all vaporware, but not before Nikola issued a public float (through a SPACE or a reverse merger I believe).
Harvey
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- Jul 15, 2020
I was ready about the supply chain of materials that make up the best performing batteries. Seems like China has a lot of control over cobalt which, at this moment is a key ingredient. Can the world switch to EVs is all the cobalt if in Congo and China controls most of it?
Are these concerns legit? If so, what are the proposed solutions to get around this?
Are these concerns legit? If so, what are the proposed solutions to get around this?
Tjf1967
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- Jul 21, 2020
Couple of start up are designing batteries with out it. Solidb state batteries are also being tested. The US is also identifying place where we can mine it ourselves. If the money keeps flowing we will have it figured out on five years. I like the start up out of Austin.
DomB
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- Aug 25, 2020
Also as to current technology, the former number 2 at Tesla started a company to take old batteries and recycle them out among not good enough (think future solar storage) and good enough for auto use again. Basic analogy is making plastic from recycled plastic.
Got beer, got algae, convert CO2 (carbon dioxide) to O2 (oxygen). Everybody’s happy.
Who’da thunk it?
Australian beer makers fight climate change by feeding CO2 to algae
The CO2 emitted by fermenting hops to make a six-pack of beer can take a tree two days to absorb. Read more at straitstimes.com.
