9 Comments
Aug 14, 2023Liked by Joachim Klement

Good to see an enthusiast on his subject, but did you omit a few key ingredients in the mix. EVs remain a luxury purchase in that most are designed and used as personal transport in urban environments. Countryside living often comes with additional requirements; to navigate less well made roads and a maybe a higher proportion need to carry bulk items of some kind. Noteworthy too are the range of opponents of Mr Atkinson's theme. Could you include the review from say, Country Life magazine, (or it's USA equivalent) if it exists?

Expand full comment
author

I don't think there is a review of Rowan Atkinson's article in any of these magazines (or at least I couldn't find any using Google). But the Telegraph is notoriously right-wing and skeptical of any technology needed in the energy transition.

also, on a like-for-like basis, SUVs and trucks are reaching cost parity with conventional ICE cars in 2023-2025 with small city cars expected to reach cost parity in 2025-2027. So, in a sense, if you life in the countryside and need an SUV or pick-up truck, EVs are less of a luxury than in the city. But I fully admit that charging networks in the countryside tend to be a major issue, particularly in the US but also in Europe and that makes buying an EV if you live in the countryside les attractive.

Expand full comment
Aug 14, 2023Liked by Joachim Klement

Agree, EVs are clearly the way to and this has been obvious for years. However, I find it hard to capitalize in this trend from an investment perspective. One reason being that legacy car makers find it hard to go full EV.

Expand full comment
author

True, the only EV pure play are companies like Tesla or Geely. You are probably better off investing in suppliers like Infineon, which makes many of the chips needed to run EVs

Expand full comment

I was struck by the map, which essentially reflects population density. I saw recently that Los Angeles County has a larger population than 40 of the 50 US States. The reason why there are so few EVs in large parts of the US is perhaps simply that there aren't that many petrol engined cars either?

Expand full comment
author

I think that is part of the reason. Higher population density means more cars are being sold, but it also means that there are shorter distances to the next charging station.

Expand full comment

Get a tin cookie jar or something to keep your car keys in. Any conductive metal will do. As I discovered to my cost recently, electric car keys are as easy to clone as those of other cars, but electric cars are almost totally silent. So when thieves pinch them off your driveway in the night you’ll never know. Even if your bedroom window is open and right above.

Expand full comment
author

Great, now I have a whole new though to keep me awake at night... :-)

Expand full comment

The U.S. does not have the electrical generation capability to charge enough EV’s to replace current ICE, and probably never will. TheWEF crowd doesn’t want you to have your own vehicle and be mobile. They want you in their15 minute town as a captive audience,eating bugs and being happy with nothing.

Expand full comment