Be interesting to see how it goes for Lotus. And EVs, will their momentum continue, or will e-fuels scupper things. Hydrogen...maybe too little, too late?
Hydrogen will never work on a large scale. The infrastructure investment costs alone makes no sense. Never mind the leakage... It will work for aircraft and shipping and mayyyyybe long-distance trucking but again those are limited scale uses... Meanwhile you can plug in your vehicle everywhere electricity exists.. Which is almost all of the planet... And it's brand agnostic...
A couple of points from me, the Lotus EV's are built in china with what seems like only small input from Hethel so Im not convinced of the relation with Hethel apart from a badge although I do believe the ev sportscar will be more of a Hethel product. EV's are, for sure here to stay and I'm sure the charging infrastructure will come along but its way off at the moment especially for those without off street parking to allow charging. I think however that once a fair few EV become of an age where they are well out of warranty, prices will fall to the floor because of battery renewal costs etc. in regard to sportscars like the Elise etc I dont think, long term prices will remain strong unless alternative fuels become well developed and p/litre pricing is on par with petrol. you could almost look to the classic car market as guide, values of vintage cars are on the floor because potential customers who liked that age car are now few and far between, classics from the 50's and 60's unless Ferraris or similar are also going down, what is climbing are 80's hot hatches etc. Take this forward and the youth of today in 20 years time they will be chasing after todays modern hatches, I dont think Elises, Exiges will figure on their radar, I just cant see Elise, Exige, Evora prices in 20yrs being strong, look at the Excel today, they can still be purchased around 8K for a nice one.
I agree on the hot hatches, things like the GR Yaris and Ford’s RS product will surely do well. It’s possible that the Excel is held high regard and it’s just not on my radar, but I suspect that the Elise & Exige are more widely known to excel 😉 in their field, journalists will commonly cite them as one of the best drivers cars, so I think they have enough appeal to hold strong value, particularly when that type of experience becomes harder to come by in the future. Take your point on very early classics, but 80’s cars are currently flourishing so the 2000’s cars might have another 20 years in ‘em yet! Regardless, appreciate your comment, always happy to be challenged 👍🏻
@@BritishRacingGreens Excel was my first Lotus some 30 odd years ago and still probably one of my favourite cars from Lotus but really has never been truly appreciated by those who never owned or drove one and when you look to older Lotus like the 60's Elan or the Europa, the appeal of them is in the majority people of my age, not younger guys like yourself so yes, for sure cars like the GR Yaris and current RS Ford's will be the future classics, absolutely the Elise and Exige S1 and S2 are highly rated by journalists, I'm just not sure they will grab the desires of the current generation in the future like the GR's and RS's will. Still, its all food for thought though. Keep up the content as there isnt much out there for us S2 Exige owners.
EV’s will kill petrol cars dead bc 1. every country has legislated to ban them (v sadly) sooner or later 2. Once EV sportscars arrive most consumers (even a lot of sportscar buyers) will buy them bc they’re really fast 3. Youth will adopt EV’s naturally & will avoid petrol cars as complicated & weird oddities. 4. The value of all ICE cars with the possible exception of very high end classic Ferraris etc will survive & likely thrive, but for the Elise & similar more affordable cars, the values will drop off as fewer diehard petrol heads exist. 5 petrol will become scarce & very expensive & doubtless successive Govts will further tax petrol fuel to relegate it to an extinct commodity. Alternative fuels will exist but will be v expensive & it won’t be easy to store it at home, given limits on storage in domestic settings. Petrol cars will become like old typewriters; utterly redundant unless people do an EV conversion, but in 15-20 yrs there will be loads of cheap second hand EV sportscars & mainstream will just buy EV’s. RIP ICE, the irony is that EV’s are not green & tyre wear (especially from EV’s which are on average 1/3rd heavier than ICE cars) are x12,000 more polluting than a modern ICE engine & a smartphone CO2 emissions annually from using web servers is equivalent of a classic ICE car driving approx 1,500 pa. This banning of ICE cars is like Blair encouraging diesels 20yrs ago ie. completely the wrong thing to have done & left us with an unnecessary legacy of more pollution.
Thanks for the considered and detailed response, I’d like to think that the Lotus delivers enough of a unique experience to appeal to the remaining petrolheads and therefore do ok value wise, but I accept that your prediction is also possible. One thing’s for sure, with the rate that EVs are progressing, they’ll certainly be a LOT faster.
Electric cars are the future the way LED bulbs replaced all but every other type of illumination. Or the way HD flatscreens replaced bulky CRT TV's and monitors. They are future and you can't stop progress. Good luck trying anyway....
I think you’re right. EVs already have astounding performance, a combination of longer ranger + faster charge would make them an obvious choice. Still so much investment in R&D I’m sure they’ll be there very soon.
sorry fella, got a feeling you is wrong, well wrong ... major manufacturers are cutting back on EV's as bottom is dropping out of the market, they are far too expensive, far too costly in repairs ... and the batteries usually cost more than the car ... and don't start me on the abysmal charging infrastructure - if you can afford to run one and can afford to waste half your life waiting for a charge - yay for you, but for the normal motorist they are a no no - maybe in 20 years,
I’m happy to be wrong but as it’s set up the commercial pressure is going to drag the new car market towards EV, in the UK at least. Regardless, will be interesting to see it play out!
I'll never buy electric. Can't make me.
Be interesting to see how it goes for Lotus. And EVs, will their momentum continue, or will e-fuels scupper things. Hydrogen...maybe too little, too late?
Hydrogen will never work on a large scale. The infrastructure investment costs alone makes no sense. Never mind the leakage... It will work for aircraft and shipping and mayyyyybe long-distance trucking but again those are limited scale uses... Meanwhile you can plug in your vehicle everywhere electricity exists.. Which is almost all of the planet... And it's brand agnostic...
A couple of points from me, the Lotus EV's are built in china with what seems like only small input from Hethel so Im not convinced of the relation with Hethel apart from a badge although I do believe the ev sportscar will be more of a Hethel product. EV's are, for sure here to stay and I'm sure the charging infrastructure will come along but its way off at the moment especially for those without off street parking to allow charging. I think however that once a fair few EV become of an age where they are well out of warranty, prices will fall to the floor because of battery renewal costs etc. in regard to sportscars like the Elise etc I dont think, long term prices will remain strong unless alternative fuels become well developed and p/litre pricing is on par with petrol. you could almost look to the classic car market as guide, values of vintage cars are on the floor because potential customers who liked that age car are now few and far between, classics from the 50's and 60's unless Ferraris or similar are also going down, what is climbing are 80's hot hatches etc. Take this forward and the youth of today in 20 years time they will be chasing after todays modern hatches, I dont think Elises, Exiges will figure on their radar, I just cant see Elise, Exige, Evora prices in 20yrs being strong, look at the Excel today, they can still be purchased around 8K for a nice one.
I agree on the hot hatches, things like the GR Yaris and Ford’s RS product will surely do well.
It’s possible that the Excel is held high regard and it’s just not on my radar, but I suspect that the Elise & Exige are more widely known to excel 😉 in their field, journalists will commonly cite them as one of the best drivers cars, so I think they have enough appeal to hold strong value, particularly when that type of experience becomes harder to come by in the future. Take your point on very early classics, but 80’s cars are currently flourishing so the 2000’s cars might have another 20 years in ‘em yet!
Regardless, appreciate your comment, always happy to be challenged 👍🏻
@@BritishRacingGreens Excel was my first Lotus some 30 odd years ago and still probably one of my favourite cars from Lotus but really has never been truly appreciated by those who never owned or drove one and when you look to older Lotus like the 60's Elan or the Europa, the appeal of them is in the majority people of my age, not younger guys like yourself so yes, for sure cars like the GR Yaris and current RS Ford's will be the future classics, absolutely the Elise and Exige S1 and S2 are highly rated by journalists, I'm just not sure they will grab the desires of the current generation in the future like the GR's and RS's will. Still, its all food for thought though. Keep up the content as there isnt much out there for us S2 Exige owners.
EV’s will kill petrol cars dead bc 1. every country has legislated to ban them (v sadly) sooner or later 2. Once EV sportscars arrive most consumers (even a lot of sportscar buyers) will buy them bc they’re really fast 3. Youth will adopt EV’s naturally & will avoid petrol cars as complicated & weird oddities. 4. The value of all ICE cars with the possible exception of very high end classic Ferraris etc will survive & likely thrive, but for the Elise & similar more affordable cars, the values will drop off as fewer diehard petrol heads exist. 5 petrol will become scarce & very expensive & doubtless successive Govts will further tax petrol fuel to relegate it to an extinct commodity. Alternative fuels will exist but will be v expensive & it won’t be easy to store it at home, given limits on storage in domestic settings. Petrol cars will become like old typewriters; utterly redundant unless people do an EV conversion, but in 15-20 yrs there will be loads of cheap second hand EV sportscars & mainstream will just buy EV’s. RIP ICE, the irony is that EV’s are not green & tyre wear (especially from EV’s which are on average 1/3rd heavier than ICE cars) are x12,000 more polluting than a modern ICE engine & a smartphone CO2 emissions annually from using web servers is equivalent of a classic ICE car driving approx 1,500 pa. This banning of ICE cars is like Blair encouraging diesels 20yrs ago ie. completely the wrong thing to have done & left us with an unnecessary legacy of more pollution.
Thanks for the considered and detailed response, I’d like to think that the Lotus delivers enough of a unique experience to appeal to the remaining petrolheads and therefore do ok value wise, but I accept that your prediction is also possible. One thing’s for sure, with the rate that EVs are progressing, they’ll certainly be a LOT faster.
Electric cars are the future the way LED bulbs replaced all but every other type of illumination. Or the way HD flatscreens replaced bulky CRT TV's and monitors. They are future and you can't stop progress. Good luck trying anyway....
I think you’re right. EVs already have astounding performance, a combination of longer ranger + faster charge would make them an obvious choice. Still so much investment in R&D I’m sure they’ll be there very soon.
i miss the warm incandescent street lights on Christmas evening.
sorry fella, got a feeling you is wrong, well wrong ... major manufacturers are cutting back on EV's as bottom is dropping out of the market, they are far too expensive, far too costly in repairs ... and the batteries usually cost more than the car ... and don't start me on the abysmal charging infrastructure - if you can afford to run one and can afford to waste half your life waiting for a charge - yay for you, but for the normal motorist they are a no no - maybe in 20 years,
I’m happy to be wrong but as it’s set up the commercial pressure is going to drag the new car market towards EV, in the UK at least. Regardless, will be interesting to see it play out!