Real-World Disadvantages of Owning an EV | Learns Car Series

00:28:49
https://www.youtube.com/watch?v=2V8WYdQU1UM

摘要

TLDRIn hierdie video deel die spreker sy ervarings met die besit van 'n Chinese EV, die BYD Seal, en bespreek die negatiewe kommentaar hy ontvang het op 'n vorige video. Hy fokus op verskeie nadele van EV-onderneming soos hoë pryse, stadige laaityd en die gebrek aan fisiese knoppies. Hy bespreek ook die uitdagings rakende lang afstand reise en die hoë wegbelasting en versekering wat verband hou met EV's. Die spreker beklemtoon dat, hoewel daar nadele is, dit nie beteken dat EV's verkeerd is nie en moedig 'n oop houding teenoor nuwe tegnologieë aan.

心得

  • 😔 Marginalisering oor die besit van 'n Chinese EV
  • 💰 Hoë koste van EV's in Singapore
  • ⌛ Stadige laaityd is 'n uitdaging
  • 📱 Gebrek aan fisiese knoppies in die EV
  • 🛣️ Moeilike langafstandreise met 'n EV
  • 💸 Hoër wegbelasting vir EV's
  • 🚗 Herverkoopwaarde van EV's is 'n bekommernis
  • 🔒 Versekering van EV's is duurder
  • ⚡ Behoefte aan 'n aangepaste ryanstydstyl
  • 🤷‍♂️ Oopheidsaanval teenoor nuwe tegnologieë is belangrik

时间轴

  • 00:00:00 - 00:05:00

    Die spreker voel gemarginaliseerd en belaglik gemaak oor hulle eienaarskap van 'n Chinese EV. Kommentaar op 'n vorige video was nie net objektief nie, maar het ook grenslyn-bulleary en persoonlike dreigemente ingesluit. Die spreker vra of die bedoeling van die video, wat was om insig te gee oor EV-aankope, verkeerd was en besluit om die voor- en nadele van EV-eienaarskap te deel.

  • 00:05:00 - 00:10:00

    Die spreker het die BYD SE vir meer as 6 maande bestuur en deel hul ervarings. 'n Hoogtepunt is die hoë koste van EV's in Singapore, alhoewel daar 'n belastingafslag is. Die hoë oorspronklike prys van die BYD SE in vergelyking met ander voertuie wek die vraag of so 'n hoë prys 'n werklike nadeel is of nie, aangesien EV's weer 'n aansporing het om goedkoper te wees.

  • 00:10:00 - 00:15:00

    Die spreker bespreek die lae laadtijd as 'n nadeel, wat nie met petrolvoertuie vergelyk kan word nie. Huidige laai tye is langer as tradisionele vulstasie ervaringe, wat 'n aanpassing aan eienaarskap vereis om 'n laai tye in eie tyd in te sluit. Die tipe woonplek bepaal ook gemak van laai, wat diegene sonder 'n oprigting meer hindernisse bied.

  • 00:15:00 - 00:20:00

    Die volskerm aanraakskerm in die BYD SE word as frustrerend beskou, met 'n behoefte aan fisiese knoppies. Dit is tydrowend om instellingen te maak en die spreker kla oor vingerafdrukke op die skerm, wat hul OCD aandui. Die behoefte aan fisiese interaksie en tegniese beperkings van die skerm kan 'n probleem wees vir eienaars.

  • 00:20:00 - 00:28:49

    Die spreker sien die ongerief van 'n EV vir lang ritte. Die laai infrastruktuur in buurlande bied nie altyd voldoende laaikapiteit nie, wat lei tot frustrasie en onsekerheid tydens reis. Die laaitye kon 'n ongerief wees, en dit bied 'n nadelige punt teenoor petrolvoertuie en die gemak van 'n volle tenk.

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思维导图

视频问答

  • Waarom voel jy gemarginaliseerd oor die besit van 'n Chinese EV?

    Die negatiewe kommentaar en kritiek op my eie ervaring met die EV in my vorige video was teleurstellend en soms kwaadwillig.

  • Hoeveel tyd neem dit om 'n EV te laai?

    Dit neem ongeveer 30-44 minute om 'n BYD Seal van 10% tot 100% te laai.

  • Is die wegbelasting vir EV's hoër as vir petrolvoertuie?

    Ja, die wegbelasting vir my BYD Seal is hoër as wat ek vir my proses petrol kar betaal.

  • Is die herverkoopwaarde van EV's 'n probleem?

    Ja, die herverkoopwaarde van EV's blyk 'n nadeel te wees, maar dit is nie noodwendig erger as ander petrolmodelle nie.

  • Waarom het jy 'n video gemaak oor die nadele van EV's?

    Ek wou 'n gebalanseerde benadering bied en my persoonlike ervarings en menings oor die nadele van EV's deel.

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  • 00:00:00
    some people ask why I felt marginalized
  • 00:00:03
    and ridiculed for owning a Chinese EV in
  • 00:00:06
    my last video well all you need to do to
  • 00:00:09
    get an idea why is to read the 400 plus
  • 00:00:12
    comments in that video yes some of them
  • 00:00:15
    are objective and factual in the
  • 00:00:18
    disagreement uh with me but quite a few
  • 00:00:22
    were just outright senseless rebuttal
  • 00:00:24
    borderline bullying and even personal
  • 00:00:28
    threats I'm not a car viewer nor was
  • 00:00:31
    that video and the video before that
  • 00:00:33
    sponsored by buid or any dealers so you
  • 00:00:36
    can see that those comments did make me
  • 00:00:39
    feel kind of disappointed when I was
  • 00:00:41
    reading them in fact I was questioning
  • 00:00:45
    if the intention of that video which was
  • 00:00:47
    to provide my personal insights to why
  • 00:00:50
    more and more drivers are buying EVS now
  • 00:00:54
    well was this intention
  • 00:00:57
    wrong and so between one thing to do a
  • 00:01:00
    tit forat rebut video for those R
  • 00:01:03
    commands and continuing to present facts
  • 00:01:06
    from an actra EV owner I chose to do
  • 00:01:08
    this video yes I debang a few mes of
  • 00:01:11
    owning EVS in the previous video so in
  • 00:01:13
    this one let me try to balance the
  • 00:01:15
    skills by sharing my personal peps or
  • 00:01:19
    disadvantages of owning an e if you will
  • 00:01:22
    yes I'm going to talk bad about EV
  • 00:01:25
    particularly this byd seal that I own
  • 00:01:28
    but do stay tuned all the way to to the
  • 00:01:30
    end because there is a revelation that
  • 00:01:33
    all the viewers who adversely commented
  • 00:01:35
    to my video would want to watch again if
  • 00:01:38
    you're wondering this video isn't
  • 00:01:40
    sponsored certainly not by Anon if you
  • 00:01:43
    know you know
  • 00:01:52
    [Music]
  • 00:02:00
    so after driving the bydc for a little
  • 00:02:02
    over 6 months now I can safely say that
  • 00:02:05
    I've experienced quite a bit of what
  • 00:02:07
    this car can offer but beyond the
  • 00:02:10
    characteristics of the car itself I've
  • 00:02:12
    also gone through some of the quirks of
  • 00:02:14
    EV ownership uh that only owners not
  • 00:02:18
    reviewers would experience now before I
  • 00:02:21
    start I need to qualify that whatever I
  • 00:02:23
    say in this video are my opinions based
  • 00:02:26
    on my car ownership experiences and the
  • 00:02:30
    subjective influences those experiences
  • 00:02:32
    have on me okay with those out of the
  • 00:02:35
    way right here
  • 00:02:44
    goes now first disadvantage of owning an
  • 00:02:47
    EV in Singapore takes place even before
  • 00:02:50
    we drive the car out of the showroom
  • 00:02:52
    that is the price now take for example
  • 00:02:56
    this byd SE here the omv for8 which
  • 00:03:00
    stands for the open market value is
  • 00:03:03
    $38,000 now in layman terms uh that's
  • 00:03:07
    the original price of the car that the
  • 00:03:10
    dealer got it straight out from the
  • 00:03:13
    factory or in the case of pis right the
  • 00:03:16
    price that they bought from overseas
  • 00:03:18
    Steelers or Distributors now $38,000 is
  • 00:03:21
    considered mid-range high for cars in
  • 00:03:24
    Singapore this places this SE Dynamic
  • 00:03:27
    model way above uh Most Japanese and
  • 00:03:30
    Korean sedans and even crossovers like
  • 00:03:33
    the Honda cic P Cora Hundai uh Avante
  • 00:03:39
    Mazda
  • 00:03:40
    CX5
  • 00:03:42
    Tiano Honda vasel and many more in fact
  • 00:03:46
    some of the more premium Continentals
  • 00:03:49
    like the boo XC 60s and uh AI A6 have
  • 00:03:54
    omvs that are lower than the seal so EVS
  • 00:03:58
    really come at a premium and for this SE
  • 00:04:02
    right the price of the omv is closer to
  • 00:04:05
    that of a BMW 3 Series or even a
  • 00:04:09
    Mercedes
  • 00:04:12
    cclass however there's a carette here
  • 00:04:14
    and many car owners still don't know
  • 00:04:16
    about this I'm referring to the EV early
  • 00:04:19
    adoption incentive that our government
  • 00:04:20
    gives coupled with the enhanced VES rate
  • 00:04:24
    most if not all EVS are looking at
  • 00:04:27
    upfront $40,000
  • 00:04:29
    discount of the sticker price which
  • 00:04:32
    means for many lower to Mid EVS like up
  • 00:04:36
    to this byd SE the price we pay to drive
  • 00:04:40
    it out of the showroom will be lower
  • 00:04:42
    than many other petrol cars even many
  • 00:04:46
    hybrid cars of similar omvs so at this
  • 00:04:50
    point you might argue and ask is this
  • 00:04:54
    High omv a real disadvantage of evv
  • 00:04:56
    ownership well it isn't still we sell
  • 00:05:00
    the car a number of years later I'll
  • 00:05:03
    come to the resale value
  • 00:05:09
    later next another big hurdle of EV
  • 00:05:11
    ownership is the charging time now we
  • 00:05:13
    don't talk about the newest EVS with
  • 00:05:15
    stoppable batteries from Neo or those
  • 00:05:18
    that have the golden Battery Technology
  • 00:05:20
    from zika let's only talk about what we
  • 00:05:23
    have today taking my byd seal here as an
  • 00:05:27
    example so this car has a a maximum
  • 00:05:30
    charging rate of 110 KW now with only a
  • 00:05:34
    61 KW hour battery the theoretical time
  • 00:05:38
    to charge from 0% state of charge to
  • 00:05:41
    100% would be about 33 minutes but in
  • 00:05:44
    the real world right this would never
  • 00:05:47
    happen I've never tried charging from 0%
  • 00:05:50
    before uh but I can personally vouch
  • 00:05:52
    that with a 180 KW DC charger like this
  • 00:05:56
    one I've clocked 10% to 100% in 44
  • 00:06:04
    [Music]
  • 00:06:07
    minutes this isn't slow by EV standards
  • 00:06:09
    but to I car owners this is embarrassing
  • 00:06:13
    and I get it because with my other
  • 00:06:14
    Patrol SUV right even with a 60 little
  • 00:06:17
    tank it would probably take at most like
  • 00:06:20
    5 minutes to pm to a f tank and leave
  • 00:06:24
    and so not surprisingly so many of the
  • 00:06:27
    comments that I got from the previous
  • 00:06:29
    video is about the inconvenience of
  • 00:06:32
    charging more so uh some others also
  • 00:06:35
    added that there's not enough charges to
  • 00:06:38
    serve all the EVS today in Ms let alone
  • 00:06:41
    in 2030 when all cars here are
  • 00:06:45
    EV I'm not going to address that point
  • 00:06:47
    I'll just discuss about the speed of
  • 00:06:50
    charging and yes I cannot disagree that
  • 00:06:53
    charging is way slower than pumping
  • 00:06:55
    Patrol therefore there is going to be a
  • 00:06:58
    need to change our ownership habits from
  • 00:07:01
    that of a purposeful pump uh to that of
  • 00:07:04
    a charge when able what I mean is this
  • 00:07:08
    now for Ev owners who drive around
  • 00:07:10
    thinking that they have to purposely go
  • 00:07:12
    uh pum up their batteries right uh years
  • 00:07:15
    this 40 plus minutes of weight will be
  • 00:07:18
    unproductive so there's a need to change
  • 00:07:21
    our lifestyle to that of charging when
  • 00:07:24
    convenience
  • 00:07:25
    meaning when we drive to a mall to buy
  • 00:07:29
    groceries or have lunch charge the car
  • 00:07:33
    um when there is a charger at our
  • 00:07:36
    workplace right charge the car even if
  • 00:07:39
    we are going to a park on a Sunday
  • 00:07:41
    morning for 2 hours stroll charge the
  • 00:07:44
    car with AC Chargers an hour or two
  • 00:07:47
    won't really feel the tank full but with
  • 00:07:50
    frequent charge when able lifestyle
  • 00:07:52
    patterns like this which to be honest is
  • 00:07:55
    impossible when I drive my patrol car uh
  • 00:07:58
    the charging time deliver
  • 00:08:00
    will be a thing of the past but I like
  • 00:08:02
    to address one more point and that's the
  • 00:08:05
    type of residence that we are in now for
  • 00:08:07
    landed owners right you have the best
  • 00:08:09
    case scenario for Ev ownership not only
  • 00:08:11
    is it going to be convenient for you
  • 00:08:13
    charging is going to be so much cheaper
  • 00:08:17
    for htb dwellers it isn't too bad with
  • 00:08:20
    something like one in three car par in
  • 00:08:22
    stock with charges sure they are not DC
  • 00:08:25
    charges but you have the option of
  • 00:08:27
    leaving your car to charge over night uh
  • 00:08:30
    at the AC charger and even if you don't
  • 00:08:32
    have a charger at your C out right
  • 00:08:34
    chances are there are there's going to
  • 00:08:36
    be one within 10 minutes of walk away
  • 00:08:38
    but condo owners will be the real drag
  • 00:08:42
    if you don't have charges in your car
  • 00:08:45
    because I bet there will be many of you
  • 00:08:48
    who won't want to park overnight at a
  • 00:08:50
    neighboring htb mscp because of
  • 00:08:53
    security or status so your only place to
  • 00:08:58
    charge is at the the workplace or at a
  • 00:09:00
    mall now take it from me I felt the same
  • 00:09:03
    way because my condo didn't have charges
  • 00:09:07
    yet on to the third disadvantage now and
  • 00:09:09
    this might be trivial but it absolutely
  • 00:09:12
    irks me now I'm talking about the full
  • 00:09:15
    touchscreen interface I really miss
  • 00:09:17
    exual buttons for Eon control and even
  • 00:09:20
    for something as simple as the real Den
  • 00:09:23
    now in this seal at the fastest I got to
  • 00:09:26
    pull down a menu on the screen like this
  • 00:09:30
    and click on the the Mis icon and then
  • 00:09:34
    press the back icon to go back to where
  • 00:09:37
    I was the controlling the icon is as bad
  • 00:09:41
    with three or more clicks to achieve the
  • 00:09:44
    temperature or fan speed that I want now
  • 00:09:48
    sure there are shortcuts using three
  • 00:09:49
    finger swipes like this but I still
  • 00:09:53
    cannot remember the difference from a
  • 00:09:55
    horizontal swipe to a vertical one and
  • 00:09:58
    which direction is which
  • 00:09:59
    and if you are seeing there are voice
  • 00:10:01
    commands right High
  • 00:10:05
    BD turn on the rear
  • 00:10:09
    deister okay turning on rear
  • 00:10:13
    defrost well I feel that they are just
  • 00:10:15
    too slow so back to the touch screen
  • 00:10:18
    this can sound funny to you but I belong
  • 00:10:21
    to the group who absolutely cannot stand
  • 00:10:24
    fingerprint marks on the screen so it
  • 00:10:27
    takes incredible patience for me to
  • 00:10:29
    control my OCD when my wife leaves uh
  • 00:10:32
    fingerprints even her makeup residue
  • 00:10:35
    sometimes you know on the screen after
  • 00:10:37
    she drives but am I an OD ball I don't
  • 00:10:41
    believe I'm the only one who's bordered
  • 00:10:43
    with fingerprint smudges on the
  • 00:10:45
    infotainment screen right let me know in
  • 00:10:47
    the comments below
  • 00:10:49
    [Music]
  • 00:10:53
    okay and while you're at it do like this
  • 00:10:56
    video if it happens and make sure that
  • 00:10:58
    you're subscribed so that you get to
  • 00:10:59
    watch future videos like this one I mean
  • 00:11:02
    YouTube tells me that 99% of you who
  • 00:11:04
    watch my previous videos W
  • 00:11:07
    [Music]
  • 00:11:20
    subscribed aside from charging
  • 00:11:22
    inconveniences there's another con that
  • 00:11:25
    is a big disadvantage to me and that's
  • 00:11:27
    driving an EV po
  • 00:11:32
    trips now for context prior to covid I
  • 00:11:35
    drove on root trips with my family in
  • 00:11:37
    Malaysia at least twice a year I've
  • 00:11:39
    driven to pinang at the furest and for a
  • 00:11:42
    10day trip around the peninsula at the
  • 00:11:44
    longest clocking easily more than 2,000
  • 00:11:47
    km for some trips now in my petrol cars
  • 00:11:51
    then the thought of stopping to refi
  • 00:11:54
    never crossed my mind but in an EV right
  • 00:11:56
    doing a road trip isn't going to be a
  • 00:11:58
    straightforward
  • 00:11:59
    and in some instances might be even
  • 00:12:07
    possible now let's take a simple weekend
  • 00:12:10
    trip from Singapore to KL as a case
  • 00:12:13
    study and in a petrol car like this one
  • 00:12:16
    here right with a full tank we probably
  • 00:12:18
    only need to refill when we reach KL and
  • 00:12:21
    when the fun is over PP one or two more
  • 00:12:23
    times to reach home I'm not so sure if
  • 00:12:26
    that's possible in an EV at least for my
  • 00:12:28
    SE
  • 00:12:29
    while the charging Network in Singapore
  • 00:12:31
    is very reliable I've seen many Chargers
  • 00:12:34
    being unserviceable in Malaysia and they
  • 00:12:36
    don't have as many as we have so
  • 00:12:39
    potentially at a popular RNR stop the
  • 00:12:42
    worst case scenario is that all the
  • 00:12:43
    charges there are spits or occupied and
  • 00:12:47
    at the best case scenario right uh it is
  • 00:12:49
    a 30 minute downtime for a 20 to 80%
  • 00:12:53
    charge as opposed to a 5minute patrol
  • 00:12:56
    fuel up so for me unless I'm stopping
  • 00:12:58
    for lunch that 30 minute break at the
  • 00:13:01
    RNR is time lost at the
  • 00:13:06
    [Music]
  • 00:13:11
    destination so for this reason I'm not
  • 00:13:13
    an advocate for e road trips in fact
  • 00:13:16
    while I look forward to trying one maybe
  • 00:13:18
    to KL I will only do that to prove a
  • 00:13:20
    point the anxiety I and the family uh
  • 00:13:24
    will have along the way will definitely
  • 00:13:26
    be a mood killer now I'll still prefer
  • 00:13:29
    to do road trips in a petrol car like
  • 00:13:31
    this one
  • 00:13:34
    [Music]
  • 00:13:42
    anytime I'm very related to the previous
  • 00:13:45
    point which is a big disadvantage for
  • 00:13:47
    EVS is driving at high speeds now like
  • 00:13:50
    all ice cars there is a sweet sport uh
  • 00:13:54
    in terms of speed to maximize pel or
  • 00:13:56
    battery efficiency now in many car like
  • 00:13:59
    this one the speed is around 70 km to
  • 00:14:03
    about 100 km/ hour depending largely on
  • 00:14:07
    the number of Gears the car have and the
  • 00:14:09
    gears ratio now in EVS certainly in my
  • 00:14:12
    byd the most efficient fast speed seems
  • 00:14:15
    to be around 70 to 80 km/ hour at this
  • 00:14:19
    speed battery consumption is around 12
  • 00:14:21
    to 15 Kow depending on the WID in the
  • 00:14:24
    cabin but when I drive at higher speeds
  • 00:14:27
    for instance at 110 km/ hour the power
  • 00:14:32
    consumption Rises to 16 to 20 Kow now
  • 00:14:37
    compared to an ice car EV certainly
  • 00:14:40
    don't like to be driven fast at least
  • 00:14:43
    when it comes to
  • 00:14:44
    consumption a few weeks back in a
  • 00:14:47
    Facebook group I saw a post where
  • 00:14:48
    someone was asking how many charging
  • 00:14:50
    stops does he need if he drives to KL at
  • 00:14:54
    180 km/ hour in an app tree firstly
  • 00:14:59
    don't drive at 180 com Nagi but this is
  • 00:15:03
    really dangerous not only to yourself
  • 00:15:05
    but other Road users but as uh
  • 00:15:09
    importantly right at this speed Aran
  • 00:15:11
    consumption will be perhaps in the 30
  • 00:15:14
    kilow range maybe more so the battery
  • 00:15:17
    range will effectively be half maybe
  • 00:15:20
    even worse than that that's why my wife
  • 00:15:24
    mainly uses the seal to fetch the kids
  • 00:15:28
    uh and EV actually is more suited for
  • 00:15:31
    start stop type of driving uh especially
  • 00:15:34
    when compared to an ice car like this
  • 00:15:36
    one but at high speed right I'm certain
  • 00:15:40
    a petrol car has more range and can
  • 00:15:43
    maybe be more economical
  • 00:15:48
    [Music]
  • 00:15:51
    even in any case let's move on to a more
  • 00:15:53
    serious disadvantage and that's the road
  • 00:15:55
    tax and insurance yes these are more
  • 00:15:58
    expensive than if you own an ice car now
  • 00:16:01
    just to give you a context on my road
  • 00:16:03
    text on uh the bydc dynamic
  • 00:16:07
    right so for 6 months it is
  • 00:16:13
    $751 now it's slightly higher than a 2 L
  • 00:16:16
    ice car in fact for the more affordable
  • 00:16:18
    ATO tree the road tax is this high too
  • 00:16:22
    but let me share how absurd the road Tex
  • 00:16:24
    is for the performance model of the se
  • 00:16:27
    you know the one that does zero to 100
  • 00:16:29
    in 3.8
  • 00:16:33
    seconds it is
  • 00:16:36
    $2,800 for 6 months you know now in the
  • 00:16:40
    car's lifetime you would have paid
  • 00:16:43
    $556,000 just to put this car on the
  • 00:16:46
    road now that's a price of another car
  • 00:16:48
    actually minus the Coe of
  • 00:16:51
    course this is really something I think
  • 00:16:53
    is unfair to EV owners yes I sort of get
  • 00:16:56
    the $700 of additional premium in our
  • 00:16:59
    annual Road tax because we don't pay for
  • 00:17:01
    fuel tax but charging Road tax by power
  • 00:17:03
    output is absolutely rubbish now there
  • 00:17:07
    are 3 lit turbo ice cars that can be
  • 00:17:10
    considered with superc car performance
  • 00:17:12
    but their Road tax is less than half of
  • 00:17:14
    that
  • 00:17:16
    $5,600 right for the seal performance
  • 00:17:18
    model so really I think this is a big
  • 00:17:21
    unfair punishment for many EV owners
  • 00:17:23
    especially those who drive The more mass
  • 00:17:26
    Market TI
  • 00:17:30
    [Music]
  • 00:17:36
    oh there insurance too the insurance
  • 00:17:38
    that I'm paying is at 1,300 plus if I
  • 00:17:41
    remember correctly and this is nearly
  • 00:17:43
    double of what I paid for my Mercedes
  • 00:17:45
    GLC I understand that EVS are more
  • 00:17:47
    costly to repair and the chances of a
  • 00:17:49
    complete write off is higher but at
  • 00:17:51
    Double the cost of a more expensive
  • 00:17:53
    petrol car now I hope this higher
  • 00:17:56
    premium is because of the current
  • 00:17:57
    gestation period of the year TVs on the
  • 00:17:59
    road and in one or two years time we can
  • 00:18:02
    get better rates because we'll continue
  • 00:18:04
    to be tied in to the small selection of
  • 00:18:07
    insurance with markups due to the
  • 00:18:09
    warranty of the
  • 00:18:11
    car so far we have Ted most of the more
  • 00:18:15
    common disadvantages of owning an EV
  • 00:18:17
    I've saved the most talks about one for
  • 00:18:20
    the last in the 400 plus comments in my
  • 00:18:22
    previous video the majority of ntev
  • 00:18:26
    Advocates Broach on this point yes we
  • 00:18:29
    are talking about the resale value so
  • 00:18:33
    how much of a disadvantage is this
  • 00:18:38
    point now first of all we don't have
  • 00:18:40
    actual figures to compare all 8 to 9
  • 00:18:42
    year old EVS here in Singapore because
  • 00:18:44
    the majority of privately owned EVS are
  • 00:18:47
    not more than 3 years old yet I mean we
  • 00:18:49
    have to exclude those oddb EVS like the
  • 00:18:51
    Nissan Le from 10 years before and also
  • 00:18:54
    the byd E6 which were mostly registered
  • 00:18:58
    as a p BS so they have terribly High
  • 00:19:01
    owner counts and Mage and surely we
  • 00:19:04
    cannot reference resale values uh
  • 00:19:06
    figures from you know other countries
  • 00:19:08
    because quite a number of them have
  • 00:19:10
    crazy depreciated uh depreciation value
  • 00:19:13
    even uh especially within the first 1 to
  • 00:19:16
    3 years so what we can do is to compare
  • 00:19:19
    the real data here in
  • 00:19:22
    Singapore and so I went to script
  • 00:19:24
    figures from SG Kat so let us uh analyze
  • 00:19:28
    a few case studies starting from the byd
  • 00:19:31
    ATO tree which has been sold since
  • 00:19:35
    2022 now a search on the internet
  • 00:19:37
    suggests that the ATO 3 was introduced
  • 00:19:39
    at a launch price of
  • 00:19:42
    $178,000 in quarter
  • 00:19:45
    3222 today that car is priced at
  • 00:19:48
    $135,000 on the market and let's say
  • 00:19:51
    that the dealer eats $10,000 off the
  • 00:19:54
    value which means the owner so it at
  • 00:19:57
    $125 $5,000 so now the owner actually
  • 00:20:02
    lost
  • 00:20:03
    $53,000 in 2 and2 years or around 30%
  • 00:20:07
    from the original price he paid now
  • 00:20:10
    let's compare a hybrid car now which I
  • 00:20:12
    will use the MAA CX5 here because they
  • 00:20:16
    seem to be at around the same
  • 00:20:20
    category again a search on the internet
  • 00:20:23
    reveals that the price of these cars in
  • 00:20:25
    uh in quarter 3 2022 right is quite
  • 00:20:28
    similar to that of the at tree which is
  • 00:20:30
    around
  • 00:20:31
    $178,000 too so in SG Kat I found this
  • 00:20:35
    one here from September 2022 asking for
  • 00:20:40
    133,000 now supposedly the dealer also
  • 00:20:42
    buys a car in at 10K below right uh so
  • 00:20:45
    this Masa owner lost $55,000 in the same
  • 00:20:50
    2 and A2 years now this work out to be
  • 00:20:52
    around 31% loss in the same period now
  • 00:20:56
    let's go for one more car and this time
  • 00:20:57
    round petrol SUV again at around the
  • 00:21:00
    same price of
  • 00:21:02
    $178,000 uh in mid
  • 00:21:05
    2022 we have the uh pel
  • 00:21:09
    50008 and I found this one advertising
  • 00:21:13
    at
  • 00:21:14
    $120,000 since this is slightly older at
  • 00:21:16
    around 2.7 years old right the owner
  • 00:21:20
    lost
  • 00:21:21
    $68,000 if again we assume that the
  • 00:21:23
    dealer got it at 10K below the asking
  • 00:21:26
    price this loss is more substantial
  • 00:21:29
    at
  • 00:21:31
    38% and if you want even more
  • 00:21:33
    comparisons I have found this more up
  • 00:21:36
    Market BMW 216 Grand Tour from around
  • 00:21:39
    the same period now the loss for the
  • 00:21:42
    owner for this one is significant from
  • 00:21:46
    $24,000 in quarter 3 of 2022 to just
  • 00:21:51
    119,000 presumably offered by the dealer
  • 00:21:55
    so making him lose about 42% in the same
  • 00:21:58
    2 and 1 half year periods now of course
  • 00:22:01
    if you are to dig right there will
  • 00:22:02
    always be car at bu the trend for
  • 00:22:04
    instance the Honda vasel and the
  • 00:22:07
    Mercedes-Benz GLC which would have lost
  • 00:22:09
    only about 15% and 133% respectively of
  • 00:22:13
    their value and of course I mean there
  • 00:22:15
    are also so many other factors at play
  • 00:22:17
    when it comes to resale value like the
  • 00:22:20
    car Coe and path at the time of
  • 00:22:22
    registration the condition of the car at
  • 00:22:25
    the time of sales and even if you know
  • 00:22:27
    how to negotiate with the deal
  • 00:22:29
    but having so scrapped and uh exported
  • 00:22:32
    like 17 cars myself since with all the
  • 00:22:35
    conditions being equal right I think the
  • 00:22:37
    resale value really BS now mainly to
  • 00:22:40
    these three factors now number one the
  • 00:22:42
    ignit price that you paid for your car
  • 00:22:46
    number two the period when you sell it
  • 00:22:49
    which is highly dependent on the COE
  • 00:22:51
    price at that month and number three the
  • 00:22:53
    car model itself which determines the
  • 00:22:56
    demand in the market so among model like
  • 00:22:59
    the byd ato3 right wouldn't lose much
  • 00:23:01
    more in resale value today as compared
  • 00:23:03
    to you know many ice cars or hybrid cars
  • 00:23:05
    out there considering how popular the
  • 00:23:09
    ATO tree is on the road now but if we
  • 00:23:12
    know are to sell a tone box for example
  • 00:23:15
    in 2 and a half years time which I don't
  • 00:23:18
    think will be a very popular model here
  • 00:23:21
    I reckon that its resale value will be a
  • 00:23:23
    lot
  • 00:23:26
    lower so yes EV resal value won't be
  • 00:23:29
    good but it's probably not the worst
  • 00:23:31
    compared to some ice models and if if
  • 00:23:33
    the argument is that EV value will drop
  • 00:23:35
    further down the road right well I don't
  • 00:23:38
    have a crystal ball to for the market
  • 00:23:40
    here in Singapore in 2028 but if you
  • 00:23:43
    have one feel free to factually share
  • 00:23:46
    your predictions just don't do that
  • 00:23:48
    after watching a propaganda video
  • 00:23:50
    against
  • 00:23:52
    China so there you go there are so many
  • 00:23:54
    disadvantages of EVS that will put off
  • 00:23:56
    some drivers especially those who don't
  • 00:23:59
    believe in one in the first place but we
  • 00:24:01
    need to be objective here every car
  • 00:24:04
    model on the road has their advantages
  • 00:24:06
    and disadvantages now at the lower end
  • 00:24:09
    AA Pato may be economical to buy and
  • 00:24:12
    maintain but if you watch his crash test
  • 00:24:14
    video you know you're gambling with your
  • 00:24:16
    life if someone T-Bones you at the
  • 00:24:19
    higher end a Mercedes G Wagon is epitomy
  • 00:24:22
    of luxury and style but at what cost I
  • 00:24:25
    mean at a depreciation of nearly
  • 00:24:28
    $100,000 a year is it worth
  • 00:24:32
    it now my point is this many people in
  • 00:24:35
    Singapore buy cars rarely with their
  • 00:24:37
    hits it's true for those viewers who
  • 00:24:39
    commented that for a
  • 00:24:40
    $200,000 for byd right it makes little
  • 00:24:43
    sense to buy one but the same is true
  • 00:24:46
    for all cars any car in Singapore it
  • 00:24:49
    makes little to no sense to own a car in
  • 00:24:51
    Singapore with our excellent uh public
  • 00:24:53
    transport and car sharing is everywhere
  • 00:24:55
    too if you must drive so when we buy
  • 00:24:58
    cars it sell them from a place of logic
  • 00:25:02
    most of us we purchase a car with our
  • 00:25:05
    hearts and justifying it later with
  • 00:25:08
    logic especially when justifying it to
  • 00:25:10
    the wife because honestly if everybody
  • 00:25:14
    Ops for a car based on a logically hit
  • 00:25:17
    decision right we probably see a sea of
  • 00:25:20
    Corollas or bezels on the road no
  • 00:25:22
    offense to Corine Vel own this
  • 00:25:30
    [Music]
  • 00:25:36
    yes EVS are not for everyone but that
  • 00:25:39
    doesn't mean that people who bought EVS
  • 00:25:40
    are wrong and they are damn wor so why
  • 00:25:44
    do people wish to see ev drivers suffer
  • 00:25:46
    for their perceived mistakes it's like
  • 00:25:48
    hdb dwellers dissing on condo owners or
  • 00:25:51
    chicken rice lovers saying that people
  • 00:25:52
    who eat duck rice are wrong or in my
  • 00:25:55
    profession right Canon uh camera
  • 00:25:57
    advocates fighting with Sony users to
  • 00:25:59
    justify who has a better camera system
  • 00:26:02
    now these are not the best metaphors but
  • 00:26:05
    you get the drift just because charging
  • 00:26:07
    an EV is not as convenient as filling up
  • 00:26:09
    Petrol in an ice car right it doesn't
  • 00:26:11
    mean that owning an EV is wrong or or
  • 00:26:15
    even if the resale value of some EVS are
  • 00:26:17
    lower it doesn't mean that EV ownership
  • 00:26:19
    is a mistake or or maybe because you
  • 00:26:22
    don't like China or Chinese people right
  • 00:26:25
    then all Chinese EVS must be dangerous
  • 00:26:28
    and the batteries will kill the owners
  • 00:26:30
    if they catch fire and the absolute
  • 00:26:33
    worst one for me right because other
  • 00:26:35
    people can afford to buy an EV then they
  • 00:26:38
    have to be lackes who work for the
  • 00:26:40
    government or sponsored by companies
  • 00:26:43
    come on I mean what has it got to do
  • 00:26:47
    with I my
  • 00:26:50
    friends don't hit people who have money
  • 00:26:54
    not everyone who is richer than us who
  • 00:26:56
    can afford to buy buy a Mercedes a BMW
  • 00:27:00
    or Porsche cheats other people's money
  • 00:27:03
    many of them work really hard to get to
  • 00:27:06
    where they are today yes some of them
  • 00:27:09
    have Rich parents but even if I hit them
  • 00:27:13
    because my parents are poor right will I
  • 00:27:15
    become richer so if I don't agree with
  • 00:27:19
    EES I'll just State My Views that I
  • 00:27:21
    don't agree and present my case I
  • 00:27:24
    wouldn't go around calling EV owners
  • 00:27:26
    idiots or retards simply because I don't
  • 00:27:29
    like
  • 00:27:31
    EVS for the record I make these videos
  • 00:27:35
    not because I love EVs and hit ice cars
  • 00:27:38
    I still enjoy driving in my other patrol
  • 00:27:41
    car for some use cases and against these
  • 00:27:44
    videos they are not sponsored by buid or
  • 00:27:47
    any dealers I can do this because I run
  • 00:27:50
    a video production
  • 00:27:52
    company so
  • 00:27:54
    anyway my point is this if a dealer is
  • 00:27:58
    to sponsor me a nice ice car ride I
  • 00:28:01
    wouldn't reject that as much as I would
  • 00:28:04
    say no to an unsafe uh uncomfortable EV
  • 00:28:08
    the point I'm making here is at least we
  • 00:28:12
    should be open to things that are
  • 00:28:14
    different and then EV after more than
  • 00:28:17
    100 Years of having only petrol cars on
  • 00:28:20
    the road is going to be different and
  • 00:28:23
    going forward right lucky or not
  • 00:28:25
    Singapore is going to Cease the
  • 00:28:26
    registration of of new ice cars by
  • 00:28:30
    2030 so if you still hit EVs and all the
  • 00:28:35
    derivatives of EES by Dan still right
  • 00:28:38
    what will you do
  • 00:28:45
    [Music]
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