Hertz is not the average car buyer. They buy vehicles, abuse them for 2-3 years, put twice as many miles on the vehicles in a year, and then sell them.PlaneCrashGuy said:hph6203 said:
Find it funny to watch the people who undoubtedly made the argument that EVs were too expensive and would never be mass-adopted also making the argument that the price of EVs falling is bad for EVs owners.
You almost got there. And btw, it is bad for EV owners. Just ask Hertz.
Quote:
Fire Investigators determined the fire started in a 2019 Jaguar I-PACE that was charging when the fire occurred. A recall was issued for the I-PACE last year after a battery overheating issue caused fires.
hph6203 said:Hertz is not the average car buyer. They buy vehicles, abuse them for 2-3 years, put twice as many miles on the vehicles in a year, and then sell them.PlaneCrashGuy said:hph6203 said:
Find it funny to watch the people who undoubtedly made the argument that EVs were too expensive and would never be mass-adopted also making the argument that the price of EVs falling is bad for EVs owners.
You almost got there. And btw, it is bad for EV owners. Just ask Hertz.
The vast majority of Tesla buyers lost paper gains, not reductions relative to the purchase price.
If the same level of price cuts occur over the next two years you can bet that EVs are going to dominate sales. Even I'm not that optimistic.
Price cuts are bad for people that buy new cars every 3 years, they're basically inconsequential for people that keep their vehicles for the average 7 years, because the vast majority of value loss arises from the age of the vehicle/mileage.
Probably some good deals. A 2 yr old Tesla 3 with 50k miles for 20k will be good value for someone that wants a Tesla.PlaneCrashGuy said:hph6203 said:
Find it funny to watch the people who undoubtedly made the argument that EVs were too expensive and would never be mass-adopted also making the argument that the price of EVs falling is bad for EVs owners.
You almost got there. And btw, it is bad for EV owners. Just ask Hertz.
Doubt Hertz expects renters to charge up before returningUAS Ag said:Yeah, rental seems like a bad model for EVs.techno-ag said:LOL. I don't think so. I know exactly the point, at least the important one.Pizza said:techno-ag said:Yeah Hertz had a horrible quarter.Pizza said:
Rental car giant Hertz on Thursday said it will sell about 20,000 electric vehicles from its U.S. fleet.
"The company expects this action to better balance supply against expected demand of EVs," the company said.
The company said in October 2021 that it would acquire 100,000 Teslas in a move to help build its EV fleet.
The point...
Your head.
They were going to go all green and found out nobody wants to rent electric cars. Go woke, go broke works with EVs too.
When the big selling point of EVs is charging at home, renting them out to people who probably will NOT be at home means they have to find those few charging stations in the area.
And god forbid you've got to "fill up" prior to returning...I just dropped off a rental this morning and it took me 2 min to top off the tank and get back on the road. Charging would be a lot longer time. And at when you're trying to catch a flight, having to add an extra 15-30 min on the way to the airport would definitely be an annoyance.
I again think the prospect of smaller "Air Taxi's" or large helicopter size models could make some sense for sub-50 mile (or 30 mile) hops with 5 to 10 passengers.BonfireNerd04 said:Yeah, unless there's a drastic breakthrough in battery technology to get higher specific energy, I just don't see fully battery-powered electric airliners ever being viable. Just too heavy. Maybe they could use some kind of hybrid system where the actual engines are electric, but powered by a generator. (Oil-fueled? Hydrogen fuel cell?) But I'm not an aerospace engineer, so I don't know if that would work.Kansas Kid said:bmks270 said:
I'd fly on one after it's proven safe. But why does it have to be electric? Not sure the same idea could raise money if it wears t electric in todays environment.
There are a lot of places these could be useful for quickly ferrying.
They just raised 60 MM (which is a lot in today's environment) so I suspect they have a few orders.
Agreed. This is where the weight of the battery is a big negative since you have to fight gravity with an airplane. I can see the lower maintenance because the ICE engines are notoriously high maintenance for both the airframe and the engines themselves whereas the electrics should be more like turbines on the airframe and a lot less engine maintenance but I still struggle with the weight. A Spirit engineer here in town once told me the cost of an extra kilogram on a 737 and it was $1,500-2,000 in fuel savings over the life of the plane.
JamesE4 said:Doubt Hertz expects renters to charge up before returningUAS Ag said:Yeah, rental seems like a bad model for EVs.techno-ag said:LOL. I don't think so. I know exactly the point, at least the important one.Pizza said:techno-ag said:Yeah Hertz had a horrible quarter.Pizza said:
Rental car giant Hertz on Thursday said it will sell about 20,000 electric vehicles from its U.S. fleet.
"The company expects this action to better balance supply against expected demand of EVs," the company said.
The company said in October 2021 that it would acquire 100,000 Teslas in a move to help build its EV fleet.
The point...
Your head.
They were going to go all green and found out nobody wants to rent electric cars. Go woke, go broke works with EVs too.
When the big selling point of EVs is charging at home, renting them out to people who probably will NOT be at home means they have to find those few charging stations in the area.
And god forbid you've got to "fill up" prior to returning...I just dropped off a rental this morning and it took me 2 min to top off the tank and get back on the road. Charging would be a lot longer time. And at when you're trying to catch a flight, having to add an extra 15-30 min on the way to the airport would definitely be an annoyance.
There are many different configurations for planes, and no one has a 'home run' that is about to be built this year, imho. I think there will be some creative 'city-hopper' type of outfits that pop up in the next ten years in some major metro areas in the US using some such tech. The question is if they will be able to get away then with 'ditching the pilot' as Uber etc. want to do.Quote:
European Union (EU) efforts to achieve a net zero carbon future for aviation by 2050 are being stepped up with the launch of a flurry of research and development projects under the auspices of the Clean Aviation Joint Undertaking. Much of the work will focus on developing regional airliners to decarbonize short-haul flying, with prominent aerospace groupsincluding Honeywell, Collins Aerospace, Textron, Airbus, Rolls-Royce, and GE Aviationplaying key roles.
At the end of January, Honeywell confirmed that it is leading Project Newborn, working with 17 other partners from 10 European countries to develop a megawatt-cell hydrogen fuel cell propulsion system. Initially, the resulting technology is expected to be integrated into a demonstrator aircraft by Textron eAviation subsidiary Pipistrel, building on recently completed work under the Unifier19 project (see below). Honeywell said that the technology is intended for use with a variety of hybrid-electric, short-haul airliners.
According to Honeywell Aerospace principal scientist Ondrej Kotaba, the Newborn technology is expected to first see a commercial application on a new 19-seater commuter aircraft. It could also be used for passenger- and cargo-carrying eVTOL vehicles and larger general aviation aircraft.
Other companies and organizations involved in the project include PowerCell, the Fraunhofer Institute, Aciturri, the University of Nottingham, Siemens Industrial Software, Test-Fuchs, Reaction Engines, CIRA, Customcells, Friedrich-Alexander-Universitaet Erlangen-Nuernberg, and the Katholieke Universiteit Leuven. Honeywell is providing equipment such as air management and control systems, with much of the work to be conducted from the U.S.-based group's Technology Solutions R&D center in Brno, Czech Republic.
Honeywell is also leading Clean Aviation's TheMa4HERA project, whose name stands for Thermal Management for Hybrid Electric Regional Aircraft. This involves 24 European partners, including Collins subsidiary Nord Micro, which together will devise new approaches for controlling the temperatures of aircraft equipment other than the propulsion system.
According to Honeywell, this project will develop advanced thermal management components and architectures for next-generation narrowbody aircraft, including those with hybrid-electric propulsion systems. Separately, in 2022, Honeywell started testing a one-megawatt turbogenerator.
evan_aggie said:
It will be beyond 2050, if ever, for a e technology for airbus a320 which are the backbone of travel.
Honestly discussing 5 person city hoppers is kind of a joke because these can't scale to serve even 5% of the commuting population.
The compromise would likely be something that travels at half the speed of a Jet engine bc of the aforementioned energy density.
In every technology innovation there is a point in time where the rest of what's needed catches up. Trying to force something to happen before we're ready costs 1000x and the results will still be unacceptable.
Wasn't sure about that and I could see Hertz not caring. But, it was a point worth mentioning just in case...and it was fresh in my mind from filling up a car at 0515 yesterday morning to catch an early flight out of SMF.JamesE4 said:Doubt Hertz expects renters to charge up before returningUAS Ag said:Yeah, rental seems like a bad model for EVs.techno-ag said:LOL. I don't think so. I know exactly the point, at least the important one.Pizza said:techno-ag said:Yeah Hertz had a horrible quarter.Pizza said:
Rental car giant Hertz on Thursday said it will sell about 20,000 electric vehicles from its U.S. fleet.
"The company expects this action to better balance supply against expected demand of EVs," the company said.
The company said in October 2021 that it would acquire 100,000 Teslas in a move to help build its EV fleet.
The point...
Your head.
They were going to go all green and found out nobody wants to rent electric cars. Go woke, go broke works with EVs too.
When the big selling point of EVs is charging at home, renting them out to people who probably will NOT be at home means they have to find those few charging stations in the area.
And god forbid you've got to "fill up" prior to returning...I just dropped off a rental this morning and it took me 2 min to top off the tank and get back on the road. Charging would be a lot longer time. And at when you're trying to catch a flight, having to add an extra 15-30 min on the way to the airport would definitely be an annoyance.
Most of the UAM UAS are eVTOLs. The model involves landing at vertiports and then swapping out batteries and doing the charging offline, so that the charge time is not the long pole in the tent.nortex97 said:I again think the prospect of smaller "Air Taxi's" or large helicopter size models could make some sense for sub-50 mile (or 30 mile) hops with 5 to 10 passengers.BonfireNerd04 said:Yeah, unless there's a drastic breakthrough in battery technology to get higher specific energy, I just don't see fully battery-powered electric airliners ever being viable. Just too heavy. Maybe they could use some kind of hybrid system where the actual engines are electric, but powered by a generator. (Oil-fueled? Hydrogen fuel cell?) But I'm not an aerospace engineer, so I don't know if that would work.Kansas Kid said:bmks270 said:
I'd fly on one after it's proven safe. But why does it have to be electric? Not sure the same idea could raise money if it wears t electric in todays environment.
There are a lot of places these could be useful for quickly ferrying.
They just raised 60 MM (which is a lot in today's environment) so I suspect they have a few orders.
Agreed. This is where the weight of the battery is a big negative since you have to fight gravity with an airplane. I can see the lower maintenance because the ICE engines are notoriously high maintenance for both the airframe and the engines themselves whereas the electrics should be more like turbines on the airframe and a lot less engine maintenance but I still struggle with the weight. A Spirit engineer here in town once told me the cost of an extra kilogram on a 737 and it was $1,500-2,000 in fuel savings over the life of the plane.
The Euro's have invested a fortune trying to subsidize building these, and it's not just some Hawaiian routes targeted, even United has plans to build out a structure for them near-term around places like Chicago.
Bjorn at Leeham did a whole analyses and…though he is again a far lefty Europhile supporter, concluded they will only be able to carve out a niche as eVTOL yet again I think this is flying in the face of the push for such a shift. I can see some swanky Hawaiian resorts for instance offering a luxury service from one of the two 'big' airports there to their resort for customers and getting a premium rate out of it.
Don't underthink it. As the residual value falls the impact of new car prices maintains less impact on the residual value, because a new car price is not an alternative to a 7 year old car with 100,000 miles.PlaneCrashGuy said:hph6203 said:Hertz is not the average car buyer. They buy vehicles, abuse them for 2-3 years, put twice as many miles on the vehicles in a year, and then sell them.PlaneCrashGuy said:hph6203 said:
Find it funny to watch the people who undoubtedly made the argument that EVs were too expensive and would never be mass-adopted also making the argument that the price of EVs falling is bad for EVs owners.
You almost got there. And btw, it is bad for EV owners. Just ask Hertz.
The vast majority of Tesla buyers lost paper gains, not reductions relative to the purchase price.
If the same level of price cuts occur over the next two years you can bet that EVs are going to dominate sales. Even I'm not that optimistic.
Price cuts are bad for people that buy new cars every 3 years, they're basically inconsequential for people that keep their vehicles for the average 7 years, because the vast majority of value loss arises from the age of the vehicle/mileage.
Price cuts on new models will lower the value of used models. That is a true statement for every type of owner of everything, everywhere. Don't overthink it.
Kansas Kid said:JamesE4 said:Doubt Hertz expects renters to charge up before returningUAS Ag said:Yeah, rental seems like a bad model for EVs.techno-ag said:LOL. I don't think so. I know exactly the point, at least the important one.Pizza said:techno-ag said:Yeah Hertz had a horrible quarter.Pizza said:
Rental car giant Hertz on Thursday said it will sell about 20,000 electric vehicles from its U.S. fleet.
"The company expects this action to better balance supply against expected demand of EVs," the company said.
The company said in October 2021 that it would acquire 100,000 Teslas in a move to help build its EV fleet.
The point...
Your head.
They were going to go all green and found out nobody wants to rent electric cars. Go woke, go broke works with EVs too.
When the big selling point of EVs is charging at home, renting them out to people who probably will NOT be at home means they have to find those few charging stations in the area.
And god forbid you've got to "fill up" prior to returning...I just dropped off a rental this morning and it took me 2 min to top off the tank and get back on the road. Charging would be a lot longer time. And at when you're trying to catch a flight, having to add an extra 15-30 min on the way to the airport would definitely be an annoyance.
They charge $35 if it is less than 70% charged. Cheaper than if you return an ICE less than full since most places it seems like they charge $9-10/gal if they fill it. EVs don't make sense for rentals just like performance cars don't. . People abuse rentals and both are usually more expensive to repair body damage and other common rental repairs because they will drive it like they don't own it. Give them a car with fast acceleration and watch those tires go up in smoke quickly.
My first husband loved driving fast but he just wasn't very good at it. On his birthday, I surprised him with a trip out to CA at a racing school. He said there was a very large hole in the infield of the track and heavy equipment located there. When he asked about what it was for the answer was for rental cars that were crashed during the schooling and then reported as stolen.Kansas Kid said:
lol
When my wife worked for Avis, some guys came in and took out all of the coverages and then took the car and drove it into a lake to see how long the lights would stay on. The answer was just under 45 minutes. They were shocked when the insurance coverage was denied. Something about intentional acts not being covered. Who would have guessed.
This is the plan. Wisk Aero is STARTING with a fully autonomous eVTOL with a "man over the loop" concept of having sort of like a pseudo-ATC for their aircraft. Most of them, though, like Joey or Supernal (Hyundai) are a manned eVTOL to begin.nortex97 said:
Guess I will drop off here as I don't really want to argue about this but the European funding for this is tremendous, and a program to get 90% of the EU population able to travel 4 hours on zero emissions travel is not to be scoffed at as unrealistic in terms of producing...some vehicles commercially that will be produced at scale.
It also covers hybrid commuter/small airliners. Again, there's a lot of stuff going on and being subsidized/funded by the EU (and states like France Germany within) there that most are just unaware of, I believe:There are many different configurations for planes, and no one has a 'home run' that is about to be built this year, imho. I think there will be some creative 'city-hopper' type of outfits that pop up in the next ten years in some major metro areas in the US using some such tech. The question is if they will be able to get away then with 'ditching the pilot' as Uber etc. want to do.Quote:
European Union (EU) efforts to achieve a net zero carbon future for aviation by 2050 are being stepped up with the launch of a flurry of research and development projects under the auspices of the Clean Aviation Joint Undertaking. Much of the work will focus on developing regional airliners to decarbonize short-haul flying, with prominent aerospace groupsincluding Honeywell, Collins Aerospace, Textron, Airbus, Rolls-Royce, and GE Aviationplaying key roles.
At the end of January, Honeywell confirmed that it is leading Project Newborn, working with 17 other partners from 10 European countries to develop a megawatt-cell hydrogen fuel cell propulsion system. Initially, the resulting technology is expected to be integrated into a demonstrator aircraft by Textron eAviation subsidiary Pipistrel, building on recently completed work under the Unifier19 project (see below). Honeywell said that the technology is intended for use with a variety of hybrid-electric, short-haul airliners.
According to Honeywell Aerospace principal scientist Ondrej Kotaba, the Newborn technology is expected to first see a commercial application on a new 19-seater commuter aircraft. It could also be used for passenger- and cargo-carrying eVTOL vehicles and larger general aviation aircraft.
Other companies and organizations involved in the project include PowerCell, the Fraunhofer Institute, Aciturri, the University of Nottingham, Siemens Industrial Software, Test-Fuchs, Reaction Engines, CIRA, Customcells, Friedrich-Alexander-Universitaet Erlangen-Nuernberg, and the Katholieke Universiteit Leuven. Honeywell is providing equipment such as air management and control systems, with much of the work to be conducted from the U.S.-based group's Technology Solutions R&D center in Brno, Czech Republic.
Honeywell is also leading Clean Aviation's TheMa4HERA project, whose name stands for Thermal Management for Hybrid Electric Regional Aircraft. This involves 24 European partners, including Collins subsidiary Nord Micro, which together will devise new approaches for controlling the temperatures of aircraft equipment other than the propulsion system.
According to Honeywell, this project will develop advanced thermal management components and architectures for next-generation narrowbody aircraft, including those with hybrid-electric propulsion systems. Separately, in 2022, Honeywell started testing a one-megawatt turbogenerator.
Urban Air Mobility (think air taxis) is a HUGE focus of the aviation industry right now, fwiw.evan_aggie said:
It will be beyond 2050, if ever, for a e technology for airbus a320 which are the backbone of travel.
Honestly discussing 5 person city hoppers is kind of a joke because these can't scale to serve even 5% of the commuting population.
The compromise would likely be something that travels at half the speed of a Jet engine bc of the aforementioned energy density.
In every technology innovation there is a point in time where the rest of what's needed catches up. Trying to force something to happen before we're ready costs 1000x and the results will still be unacceptable.
Took my wife into work today for safety sakes. It’s -45 this morning.
— Mark Bohaichuk (@m_bohaichuk) January 13, 2024
Saw a fellow sitting in his EV at a charging station. The businesses were still closed for him to stay warm and dawdle while his car charged.
I briefly spoke with him as he went into the store. He said… pic.twitter.com/INfnWU7eu1
nortex97 said:Took my wife into work today for safety sakes. It’s -45 this morning.
— Mark Bohaichuk (@m_bohaichuk) January 13, 2024
Saw a fellow sitting in his EV at a charging station. The businesses were still closed for him to stay warm and dawdle while his car charged.
I briefly spoke with him as he went into the store. He said… pic.twitter.com/INfnWU7eu1
Quote:
He said he liked his EV, but only in summer. But he said only if it's not too hot, AC drains batteries very fast.
So, if you live in Canada, and are considering buying an EV, make sure your pockets are deep and you're NEVER on a schedule.
This bit about insurance not covering voluntary damage also applies to the holes in your roof made by bolting on solar panels. Leaking is entirely the homeowner's problem to fix.Kansas Kid said:
lol
When my wife worked for Avis, some guys came in and took out all of the coverages and then took the car and drove it into a lake to see how long the lights would stay on. The answer was just under 45 minutes. They were shocked when the insurance coverage was denied. Something about intentional acts not being covered. Who would have guessed.
techno-ag said:nortex97 said:Took my wife into work today for safety sakes. It’s -45 this morning.
— Mark Bohaichuk (@m_bohaichuk) January 13, 2024
Saw a fellow sitting in his EV at a charging station. The businesses were still closed for him to stay warm and dawdle while his car charged.
I briefly spoke with him as he went into the store. He said… pic.twitter.com/INfnWU7eu1Quote:
He said he liked his EV, but only in summer. But he said only if it's not too hot, AC drains batteries very fast.
So, if you live in Canada, and are considering buying an EV, make sure your pockets are deep and you're NEVER on a schedule.
Quote:
It's likely no surprise to most that Californians buy the most EVs. According to the U.S. Department of Energy, 903,600 EVs were registered in California in 2022. But to get a better idea of how popular EVs are by state, let's rank states by the number of EVs per 10,000 people using the same data from the Energy Department. California still leads all states with 232 EVs registered per 10,000 people. Hawaii comes in second with 137, then Washington with 134, followed by Oregon with 111. Nevada is fifth with 104. The states with the lowest amount of registered EVs in 2022 are North Dakota and Mississippi with only eight EVs registered per 10,000 people.
Quote:
GM instructed Chevrolet dealers late last month to stop selling the Blazer, while it sought to address certain software-quality issues that have frustrated buyers and auto reviewers alike. The company hasn't given a time frame for when it might have a fix and continues to build them at its plant in Mexico, a spokesman said.
Took my wife into work today for safety sakes. It’s -45 this morning.
— Mark Bohaichuk (@m_bohaichuk) January 13, 2024
Saw a fellow sitting in his EV at a charging station. The businesses were still closed for him to stay warm and dawdle while his car charged.
I briefly spoke with him as he went into the store. He said… pic.twitter.com/INfnWU7eu1
Quote:
Took my wife into work today for safety sakes. It's -45 this morning.
Saw a fellow sitting in his EV at a charging station. The businesses were still closed for him to stay warm and dawdle while his car charged.
I briefly spoke with him as he went into the store. He said he's been sitting in the car running the heaters and it was taking about twice as long to charge. The car's range was about 280km in the cold he said.
The fellow said his trip to Saskatoon from Kelowna takes about 3 times longer for charging time (sitting time).
His charges today were about $100 and two hours of sitting with heaters on and the battery was only 2/3 charged.
He said he liked his EV, but only in summer. But he said only if it's not too hot, AC drains batteries very fast.
So, if you live in Canada, and are considering buying an EV, make sure your pockets are deep and you're NEVER on a schedule. I wished him luck. His name was Jack (John) from Kelowna.