The Climate, Environment and Energy Thread

[LP]

Emission targets set by countries are creeping up to the stage where infrastructure will need to be in place to achieve those targets and most Governments seem to have chosen EV's as their preferred option where they can piggy back onto existing infrastructure and get joe average to help pay for the add ons required by forcing homeowners, passenger vehicle users to buy solar systems, chargers etc and slapping extra charges on power bills, registrations, council rates etc.
https://asiatimes.com/2023/03/its-time-f...-strategy/

There is a reason why massive factories are going up all over the globe for hydrogen transport, once the infrastructure is there to fill trucks the cars will follow, it's only a matter of time. Add to that France's recent hydrogen discovery, which can effectively fuel France and Germany combined for many decades to come, and I think longer term you'll see a change.

As for BYD, it's a very short term thing, the long term outlook for EV is rising cost as copper and rare earth become scarcer, while the current high / expensive cost of hydrogen options are all forecast to fall. If I was a BYD investor I'd be making the short term profit and bailing out before the shizen hits the fan. btw., On a recent OS trip, I had a close look at the new BYD's at a shopping centre promo, and cheap isn't how I'd describe them relative to the available options in the same region, to me the new Ionic still seemed to be better value.