These 4 countries now manufacture approximately. 40GW of solar panels per year. That’s enough to power around 20 million EVs (maths below). That’s far in excess of new car sales in those 4 countries, which come in at 3-4 million cars per year.
The oil shock from the Middle East War has not hit the world economy yet. Pre-war deliveries & reserves are still keeping prices artificially low, but that won’t last much longer. $6/gallon oil is not far off. This is an acute economic crisis for SE Asia. There’s an alternative, and it won’t take long for more and more people to start joining the dots. If you make cheap power yourself for EVs - why stick with gas-cars?
A prediction? By year’s end, new gas-car sales will be plummeting in country after country. China won’t be able to keep up with the export demand for new EVs.
Maths - 40 GW × 20% capacity factor × 24 hours/day × 365 days/year = 70,080,000 MWh/year (70.08 TWh/year). Annual energy per EV: 12,000 miles × 0.3 kWh/mile = 3,600 kWh (3.6 MWh) per year. 70,080,000 MWh / 3.6 MWh per EV ≈ 19.4666666667 EVs
That’s nice that my country is doing that. Sripp can’t afford an EV though. Well, at the current trajectory, I won’t be able to afford the 10 year gas car I’m still maintaining either.
Wouldn’t be surprised if gas motorbikes will be too expensive either. Which is very popular in the countries mentioned.
