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According to Jalopnick, Lexus going full electric.

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Old 02-02-21 | 05:11 PM
  #91  
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FYI, Tesla's Co Founder is launching a startup company that will recycle EV batteries. This is a huge business, these batteries are way too valuable to be in landfills
Old 02-02-21 | 05:28 PM
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Originally Posted by Hameed
You got forced into buying a Tesla?? I enjoy reading comments like this from folks that are experts on all things Tesla.
"Literally" - due to lack of choice.
Old 02-02-21 | 06:07 PM
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Originally Posted by peteharvey
"Literally" - due to lack of choice.
There are plenty of other EVs on the market.
Old 02-02-21 | 06:33 PM
  #94  
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Originally Posted by SW17LS
Exactly! Ridiculous lol

Like Ive said before, the free market will work here. Gas Stations make NOTHING on the sale of fuel. Its very, very little. They make money on repair shops and carwashes and stores, but the fuel very little. Gas station owners will be THRILLED to have another revenue stream at a gas station.
A lot of the cost of gas at the pump is taxes and gas stations do make money. The equipment for the pump and underground storage was a large investment which needs ongoing maintenance and is inspected by the state at least in NY.

Gas stations are a business like anything else - the ones not doing well are mostly due to poor business practices and financial mis-management.

The margins are much higher on mechanic shop/store etc at gas station but bulk of revenue and profit is generated by the sale of gas.

The ONLY way i see this working is if Gas prices go up significantly which would make EVs much cheaper to run. If government regulations go that way then I can see charging stations everywhere and also charging $35-50 for full charge. Even with that - governments will have to give out a lot of $$$ to make these business setup chargers and Utility companies to upgrade.

Last edited by RNM GS3; 02-02-21 at 06:40 PM.
Old 02-02-21 | 06:33 PM
  #95  
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Originally Posted by SW17LS
You should do some research into how recycling works. Absolutely hybrid and EV batteries are recycled. That doesn’t mean the old batteries are reused lol. The batteries are broken down and their raw materials are recycled and used to make new batteries.

When you recycle a milk jug, they don’t clean it and fill it up with milk and put it back on the shelf LOL
I know how recycling works, not just with milk jugs. The old batteries are usually burned only to recover a tiny fraction of usable material (Cobalt, copper, nickel) which sounds pretty futile to me especially on a grand scale.

Some of you guys are leaving out lots of cons here.

In 10 years I’ll be giving lots of you “I told you sos.”

All this stuff is more than 10-15 years away.
Old 02-02-21 | 06:53 PM
  #96  
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I will start believing the hype when i see the power grid in NY getting significant investment.
As of now - power goes out if its too hot in the summer or if its too windy and some trees fall in the neighborhood.

I’m so supposed to be confident ConEd can power millions of cars on a 95 degree day in August 😂
Old 02-02-21 | 06:53 PM
  #97  
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Originally Posted by Lexus2000
I have no idea what Toyota and Lexus are really planning, they have been sending mixed messages to put it kindly. Signs point to them "electrifying" everything which is code for hybrids with software tricks to try and make you think the vehicle is RWD. In other words say goodbye to all dedicated RWD platforms or even mechanical AWD/4WD systems.

Toyota needs to pick a strategy and go 100% in. If they think hydrogen is it, then go for it. Waffling will make them masters of none.
lol... why would they go in 100% with single powertrain? That makes no sense at all. Biggest and most profitable manufacturer is biggest and most profitable manufacturer because it globally caters to wide range of audiences... They will have a mix of petrol, full hybrid, diesel, phev and bev + fcev for a long time to come. Depending on market, mix will be different.
Old 02-02-21 | 06:54 PM
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Originally Posted by Lexus2000
There are plenty of other EVs on the market.
not really good options, unless you dont plan long trips or to charge it on highway.

Which is fine by me. Options are coming, and they are coming fast... if you want to make it your first vehicle, it should be a Tesla though.
Old 02-02-21 | 06:59 PM
  #99  
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Originally Posted by spwolf
not really good options, unless you dont plan long trips or to charge it on highway.

Which is fine by me. Options are coming, and they are coming fast... if you want to make it your first vehicle, it should be a Tesla though.
100% agree - always great to have options and let free market decide unfortunately politics and not free markets are making these changes. As with most things when Govt takes control of the outcome- it usually is not a happy story.
Old 02-02-21 | 07:02 PM
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Originally Posted by RNM GS3
I will start believing the hype when i see the power grid in NY getting significant investment.
As of now - power goes out if its too hot in the summer or if its too windy and some trees fall in the neighborhood.

I’m so supposed to be confident ConEd can power millions of cars on a 95 degree day in August 😂
Another valid point. California can’t even keep its lights on, does no one remember the recent brownouts? When we lived there in LA the grid was always slammed according to the news.
Old 02-02-21 | 07:03 PM
  #101  
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Originally Posted by RNM GS3
100% agree - always great to have options and let free market decide unfortunately politics and not free markets are making these changes. As with most things when Govt takes control of the outcome- it usually is not a happy story.
honestly, if i get govt discount lottery for EV this year, which is more than $11k here, I would be stupid not to buy M3P. Yes, there are shortfalls to that car, but for the price, you cant beat it.
Old 02-02-21 | 07:08 PM
  #102  
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Originally Posted by RNM GS3
I will start believing the hype when i see the power grid in NY getting significant investment.
As of now - power goes out if its too hot in the summer or if its too windy and some trees fall in the neighborhood.

I’m so supposed to be confident ConEd can power millions of cars on a 95 degree day in August 😂
Originally Posted by AJT123
Another valid point. California can’t even keep its lights on, does no one remember the recent brownouts? When we lived there in LA the grid was always slammed according to the news.
I strongly agree with both RNM and AJT. Talk is a lot cheaper than action.


Old 02-02-21 | 07:12 PM
  #103  
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Originally Posted by RNM GS3
A lot of the cost of gas at the pump is taxes and gas stations do make money. The equipment for the pump and underground storage was a large investment which needs ongoing maintenance and is inspected by the state at least in NY.

Gas stations are a business like anything else - the ones not doing well are mostly due to poor business practices and financial mis-management.

The margins are much higher on mechanic shop/store etc at gas station but bulk of revenue and profit is generated by the sale of gas.
How many clients have you represented in the purchase of a gas station? We've represented 2. Gas stations 100% unequivocally make the bulk of their profit from sales of items other than fuel. Most have agreements with fuel suppliers where those fuel suppliers make the bulk of the revenue from fuel sales, and most operators of fuel stations actually dont even own the land or the station at all, they just have a license to operate it and pay the owner a use fee (kind of like sharecropping). Some independent fuel stations that are unbranded make more from fuel because they source their supply themselves and cut out the big fuel service conglomerate, but 99% of the big name stations operate this way, net profit is about 3 cents per gallon of gas.

Sorry, but you are just not correct here. Any gas station owner would welcome the addition of electric chargers if it would make them money. Unlike fuel which invoilves an extremely expesnive distributor who takes all the revenue, EV charging stations wont require that and longer wait times mean they can sell food and stuff from a store, etc.

Theres even the possibility that a third party could establish EV chargers and simply rent from the owner or operator of the station. This is common with gas station carwashes, someone else owns and operates the carwash equipment and they just lease the tunnel from the station.

Originally Posted by AJT123
I know how recycling works, not just with milk jugs. The old batteries are usually burned only to recover a tiny fraction of usable material (Cobalt, copper, nickel) which sounds pretty futile to me especially on a grand scale.

Some of you guys are leaving out lots of cons here.

In 10 years I’ll be giving lots of you “I told you sos.”

All this stuff is more than 10-15 years away.
Well you should go work for all of these carmakers, because they all mysteriously are setting similar dates that are 15-20 years from now.

Last edited by SW17LS; 02-02-21 at 07:33 PM.
Old 02-02-21 | 08:19 PM
  #104  
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Originally Posted by RNM GS3
LOL someone will definitely take your parking spot by that time - we are still talking about NYC right?
you're still not thinking outside the box... self-driving car doesn't need to park at the house... after charging at night elsewhere, you summon it with your phone, it drives up, you get in and off you go.

Originally Posted by peteharvey
Great news for TMC.
I always knew TMC were electrifying; electrification is the way to the future.
not sure what you're reading, there was no news. lexus puts out a couple of images for new styling, said NOTHING about electric vehicles, only jalopnik is speculating it could mean lexus is going all ev.

Originally Posted by SW17LS
Gas stations 100% unequivocally make the bulk of their profit from sales of items other than fuel.
yup, so they really don't care what 'fuel' is on the forecourt. it's a bit like movie theaters who make almost nothing from ticket sales.
Old 02-02-21 | 08:30 PM
  #105  
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Originally Posted by bitkahuna
not sure what you're reading, there was no news. lexus puts out a couple of images for new styling, said NOTHING about electric vehicles, only jalopnik is speculating it could mean lexus is going all ev.
I would have to agree with jalopnik's speculation.



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