China charges ahead with electric cars

by Chris Sorensen

When it comes to electric cars, the future may be in China.

While North American consumers continue to treat electric vehicles such as the Nissan Leaf and Chevy Volt as novelties, several Chinese firms, including Dongfeng Motor and Geely Automobile, are reportedly tripping over themselves to buy troubled U.S. electric car-maker Fisker, which makes the high-end Karma and has received about $192 million in U.S. government loans.

Meanwhile, China’s Wanxiang Group recently received approval to buy U.S. battery-maker A123 Systems, another recipient of U.S. taxpayer dollars, for $257 million. Its customers include BMW and General Motors.

China’s appetite for America’s electric automobile leftovers is driven by both rising levels of car ownership (China is the world’s largest auto market) and growing concerns about pollution in major cities. With plans to boost sales of electric vehicles to five million by 2020, the Chinese government is also trying to avoid the foreign-oil dependency trap the U.S. fell into during the last century.




Browse

China charges ahead with electric cars

  1. Your article yesterday on BlackBerry focused on an analyst, MKM Partners analyst Michael Genovese, who has only 12 years industry experience and MKM is his 5th job. your article failed to report Buy recommendations from various analysts as Peter Meisk of Jefferies, Goldman Sacs etc. Have you looked at the BBRY Nasdaq HOLDERS? Major Canadian Mutual Funds and our CANADIAN PENSION FUND hold this stock in their portfolio. The handheld wireless device global market exceeds $400Billion. Do you not want to commence correct reporting and support Canada’s share of this potential Canadian Tax Global Revenue? MKM Partners analyst Michael Genovese reported as to 3 countries that the Z 10 was currently launched; CDA, UK & UAE. He missed Turkey, Bahrain, Ghana, Nigeria, Beruit, France, Italy, Germany, Ireland, South Africa, Oman, Quatar, Kenya, Kuwait, Singapore, Switzerland, Eqypt, Kingdom of Saudi Arabia, Venezula, Brazil and India during the month of February. Of course his reduced estimates may be researched incorrectly or biased. Indonesia launches March 4th. That market is 240 million, 6.5% GDP, $1.1Trillion economy. Do you think a country is going to launch without stock having being already “shipped”? Perhaps, Canadian journalism can get with it and report CANADIAN COMPANIES factually, FAIRLY and stand up to those US ANALYSTS and US NEWS MEDIA that are incorrect in their reporting. Let’s correct the errors and support BackBerry. It is one of our larger companies in CANADA by gross revenues. The Z10 product is stunning. It has every right to be reported correctly by a premier news media. I would have posted this yesterday but the blog was closed. I feel it is vital that you become informed of BlackBerry’s February launches that will be included in earnings for this current quarter ending March 2, 2013.

  2. Oh, what does my post have to do with your article on “cars”? BlackBerry’s QNX is in 60% of the cars on the road; ONSTAR. QNX runs your Nuclear Plants in Ontario, and NASA’s space shuttles. QNX is the newest OS for handheld devices, a “computing” handheld device. Please take a through study of QNX and why the Emerging Markets love our CANADIAN technology product and our newest handheld mobile device.

  3. The joke’s on them. Unless we/they can build some form of mono-pole-solid-state battery that stores kinetic energy rather than using chemicals, then battery operated cars are a transition technology only. That doesn’t make the technology they’ll get through these purchases useless by any means, but in terms of the future of personal vehicles, they’re a dead end.

    Mark my words, despite how long it’s taken, hydrogen fuel cells are the only real answer over the long haul. We already have a hydrogen highway of refuelling stations running from BC to California, and once the sourcing of hydrogen becomes fully scalable, bye-bye electric cars, gas cars etc.

    Kind of like CFL light-bulbs. They’re already antiquated. My LED bulbs cost me only $15 a piece at Costco, use half the power of a CFL, and create a nice warm light that never flickers. Better yet these bulbs last upward of a decade or two. 60W equivalent using 7W. Oh and no problems with mercury poisoning the environment either when they finally do die out.

    And that’s just in two areas of current technology innovation. Based on some of the stuff I’m seeing coming out, the next ten years is going to make your head spin, believe me.

    This is a great time to be alive.

    • At Costco? Damn.. I’ve been getting the ones from home-depot at almost twice the price. How do they compare sizewise to your standard A4 bulb? I’ve noted a couple of problems in small fixtures with some of the soft LED bulbs.

      • I know, when I saw the price I was skeptical they’d be any good, but after six weeks I have to say these things are awesome. We’ll see if the life-time claims are anywhere near the 22 years they claim, so I’ll check back with you in 2035 if they last that long. LOL

        I have them in my standard lamps in the living room and front hall and in the kitchen overhead (all standard sockets), and they’re fantastic. I’m buying more this weekend to replace the upstairs lighting.

        Size-wise they are of-course larger, but they fit in all the various types of standard lighting I have including floor lamps, overhead kitchen and hallway lighting. The only thing they don’t fit well is the tiny lamp I had on my sidetable next to my reading chair, but that was a $10 Ikea jobby I was going to replace anyways.

        What’s more they’re designed to flood light at nearly 360 degrees on every angle, so not only are they a good warm light, but they actually provide more total illumination than the incandescents did in some ways.

        I’ve gone from using ~600W on the mainfloor to using ~70W, and the light is better than before. Go figure.

        Thank god too. Those CFLs gave me a headache after awhile, so I never fully replaced everything with them, just the stuff I didn’t have to sit under.
        Besides which those things are lousy outdoors in the winter, didn’t last as long as claimed, and then I felt guilty throwing them out.

    • Plus, if you’re burning coal to generate the electricity, you’re not exactly avoiding greenhouse gas emissions or smog, and there’s not just a little bit of mercury and other heavy metals coming from the coal electric generating stations.

      • A good point many tend to miss. While I know we could do a lot better with coal generation in the form of scrubbers I’ve seen that eliminate black carbon and most of the VOCs, we’ll never entirely make them clean. Or more correctly, the effort required in terms of science to make them entirely clean is probably more than just getting on with the science of sourcing hydrogen and bringing fusion online.
        I know the old joke is that fusion power is always twenty years away, but I think it might actually be true this time. LOL

    • I’m with you on the hydrogen fuel cells, or mostly so, but… “mono-pole-solid-state battery that stores kinetic energy”? Umm… no. No no no. no.

      Unless you are using all those words in some idiosyncratic fashion, this made no sense. You might as well have said we needed skyhooks to make electric cars work. Or was this just a bizarre way to say “They are a transition technology, full stop”?

      • LOL

        Yes I did mean that as a throw-together of all the various theoretical possibilities I’ve read about over the years, ie. it’s a bunch of goobly-gook. We’re still such a long way off from finding a way to do build a real and effective kinetic storage device usable in cars, that it almost doesn’t bear mention, and I was kind of mocking it.

        Lame I know, but I couldn’t help myself. :)

        My ultimate point is that electric cars using any form of chemical battery are always going to be more problematic to build and maintain than even the most complicated hydrogen fuel cell.

        • I did realize, much too late, that you you were probably joking – to my embarrassment, I don’t usually rise to that bait. :)

          You “might” be right, but any sort of “always will be” prediction makes me twitchy; it’s as bad as saying that hydrogen fuel cells will always be more dangerous than chemical batteries, or that hydrogen distribution will always be more problematic than electrical.

          But that’s a quibble, I think we’re on the same page.

          • Yeah, just me tempting fate. You watch, they’ll come up with something tomorrow, just because I said otherwise. LOL

            Sometimes I forget myself and throw out terms I assume people will realize are garbage, just to be a smart-mouth. As you can tell I don’t see a lot of promise in terms of battery operated anything at that scale. Good on you for calling it out with such class. :)

  4. So China will use thermal coal from Obama’s blue states to generate electricity to run electric cars.

    How does this help reduce carbon emissions?

    It might help clean up the air in Chinese cities, since the coal-fired generation won’t be in the cities.

    • and you carp about this, all while buying your chinese made goods.

Your email address will not be published. Required fields are marked *