Hybrids and EV

[Walter]

i just learned recently that byd was a warren buffet baby. he was the largest investor the ev car company ever had ( from the private sector i imagine). lately though, buffet has been actively divesting from the car giant. i kind of wonder why.

Buffett is raising cash ... incoming recession ... he has sold a lot of AAPL stocks ...

[Verbl Kint]

i just learned recently that byd was a warren buffet baby. he was the largest investor the ev car company ever had ( from the private sector i imagine). lately though, buffet has been actively divesting from the car giant. i kind of wonder why.

Geopolitical reasons, probably, particularly with the uncertainty of a US election coming.

[Dr.Kamiya]

Only those not owning an EV have range anxiety.

Sometime range is not range depending on terrain and driving style. My friend recently took his Audi Etron (405km range) from Makati to Nasugbu which was around 110km via Tagaytay so roughly 220km round trip, maybe 250km total with small detours here and there.

Should have been there and back easy right? Well once past Tagaytay the roads are nice, traffic opened up and he was driving spiritedly. On the way home they stopped to have dinner at a restaurant in Tagaytay and the indicated remaining range was down to just 45km!

Day trip ended up turning into an impromptu overnight. Slept at a nice hotel there while the car charged overnight. The wife and kid were happy naman daw so he was happy as well, but you get the picture.

And this was a relatively high-end car.

But for commuting around Metro Manila EV is really perfect especially if you can charge at home.

[111prez]

Sometime range is not range depending on terrain and driving style. My friend recently took his Audi Etron (405km range) from Makati to Nasugbu which was around 110km via Tagaytay so roughly 220km round trip, maybe 250km total with small detours here and there.

Should have been there and back easy right? Well once past Tagaytay the roads are nice, traffic opened up and he was driving spiritedly. On the way home they stopped to have dinner at a restaurant in Tagaytay and the indicated remaining range was down to just 45km!

Day trip ended up turning into an impromptu overnight. Slept at a nice hotel there while the car charged overnight. The wife and kid were happy naman daw so he was happy as well, but you get the picture.

And this was a relatively high-end car.

But for commuting around Metro Manila EV is really perfect especially if you can charge at home.

Tumpak

Buti nakahanap sila ng hotel with vacant rooms and EV charging facilities. Luckily they also had extra clothes also for an overnight stay.

They could have gone home but instead needed to spend extra

[boybi]

Sometime range is not range depending on terrain and driving style. My friend recently took his Audi Etron (405km range) from Makati to Nasugbu which was around 110km via Tagaytay so roughly 220km round trip, maybe 250km total with small detours here and there.

Should have been there and back easy right? Well once past Tagaytay the roads are nice, traffic opened up and he was driving spiritedly. On the way home they stopped to have dinner at a restaurant in Tagaytay and the indicated remaining range was down to just 45km!

Day trip ended up turning into an impromptu overnight. Slept at a nice hotel there while the car charged overnight. The wife and kid were happy naman daw so he was happy as well, but you get the picture.

And this was a relatively high-end car.

But for commuting around Metro Manila EV is really perfect especially if you can charge at home.

I also have the etron 55. During the flooding of NLEX last year, I have a flight in NAIA, I have to avoid NLEX, thus I have to reroute in the still flooded provincial roads of Pampanga and Nueva Ecija. Parked my car in T3 parking for 4 days, then drove back home without recharging. Total distance, 350+kms. with 12% battery charge left.

My usual drive to Makati consumes around 34-36%. This time when I got to NAIA T3, batt left was around 40%.

One should know how to drive the car to preserve range. You have to use the regen whenever possible.

[boybi]

Driving to Baguio, I will consume around 55-58% when I reach the top. But going down, it will recharge around 10-12%, with 20+% batt left upon reaching home.

[Dr.Kamiya]

Yeah it'll regen on the way down.
My friend actually said he felt that kaya to make it home, but would've been cutting it close so he didn't want to risk it.
If you get stuck in traffic kasi regen isn't as effective.

I think the detours and spirited driving is what did him in, but you can't give a car enthusiast an empty road and tell him to take it easy all the time.

[boybi]

Yeah it'll regen on the way down.
My friend actually said he felt that kaya to make it home, but would've been cutting it close so he didn't want to risk it.
If you get stuck in traffic kasi regen isn't as effective.

I think the detours and spirited driving is what did him in, but you can't give a car enthusiast an empty road and tell him to take it easy all the time.

I always do spirited driving on my way back home.

[ale828]

More EVs to benefit from zero tariffs | Philstar.com

Those buying Hybrids or PHEV should wait.

The Question is will the Dealers lower the prices of their upcoming hybrids and PHEV or would they decide to keep the profit from themselves.

From the EV stand point, most sellers of EV after the EO12 implementation almost never reduced their prices, some only reduced by such minuscule amount. It was only Nissan who aggressively reduced the price of its Leaf EV. Solar Transport never reduced the price of their BYD EV until the parent company signed the deal with AC Motors which by then reduced the prices of the BYD EV units.

[Verbl Kint]

Ultimately, it will be competition which will drive prices lower.

At the moment, the demand is so low that there isn't any motivation for the distributors to compete in terms of pricing. The manufacturers themselves have already lowered prices, mind you, and yet the distributors here are still wary of doing that.

[Yatta]

Ultimately, it will be competition which will drive prices lower.

At the moment, the demand is so low that there isn't any motivation for the distributors to compete in terms of pricing. The manufacturers themselves have already lowered prices, mind you, and yet the distributors here are still wary of doing that.

I could be wrong but I read somewhere that its the DoF who are not keen on lowering the taxes (TRAIN) on Hybrids and EVs.

[Dr.Kamiya]

Ultimately, it will be competition which will drive prices lower.

At the moment, the demand is so low that there isn't any motivation for the distributors to compete in terms of pricing. The manufacturers themselves have already lowered prices, mind you, and yet the distributors here are still wary of doing that.

Ioniq 5 N is priced super competitively at P4.25M.
US price is $67k, or P3.885M. With VAT that's 4.3M, so we know Hyundai PH is passing on the full benefit of the tax exemptions to the customer.

Othere retailers are pocketing most of the difference as profit.

[carxynogen]

Ioniq 5 N is priced super competitively at P4.25M.
US price is $67k, or P3.885M. With VAT that's 4.3M, so we know Hyundai PH is passing on the full benefit of the tax exemptions to the customer.

Othere retailers are pocketing most of the difference as profit.

Just like what Nissan did to their Kicks ePower. Found a loophole in law that enable them to save more on taxes by classifying Kicks as full EV instead of hybrid. But pricing is still the same. Wala namang discount binibigay to customers.
So sa executives napupunta savings comes bonus season.

[dr. d]

I could be wrong but I read somewhere that its the DoF who are not keen on lowering the taxes (TRAIN) on Hybrids and EVs.

if i were the taxman, i'd also be against lowering taxes on anything...
but if there were a law requiring and not only suggesting tax lowerings under certain conditions...

[Verbl Kint]

The NEDA board just approved extension of zero duties on EV's until 2028. The list of e-vehicles have also been expanded to included e-motorcycles, e-bikes, e-trikes, and e-quadbikes.

[111prez]

[spectr]

I could be wrong but I read somewhere that its the DoF who are not keen on lowering the taxes (TRAIN) on Hybrids and EVs.

Majority of the hybrids and EVs that are being sold in the PH are expensive luxury vehicles. The country is missing out on millions on taxes. The EV law should have placed a price cap on the lowered import tax on EV/hybrids to help promote more AFFORDABLE EVs & hybrids.

The PH can do with less multi-million EVs and more sub-P2M EVs.

[spectr]

The NEDA board just approved extension of zero duties on EV's until 2028. The list of e-vehicles have also been expanded to included e-motorcycles, e-bikes, e-trikes, and e-quadbikes.

Without a price cap on what EVs get zero duties on import, it will just get abused by increasing numbers of ultra expensive luxury EVs that only the rich can afford.

[Walter]

Basic common sense ... it's mostly rich people that have the extra funds to risk buying EVs ... and MOST EVs are above 2M in price ... that ones that are below 2M are china made vehicles with questionable safety and reliability issues ... do you see Toyota or Honda EVs? ... How much is the cheapest Hyundai or Kia EV? ...

[ice15]

Basic common sense ... it's mostly rich people that have the extra funds to risk buying EVs ...

same sentiment I have with the "cheaper" E20 fuel... only the rich have new cars na gagamit ng cheaper fuel