Advertising is something that I truly dislike, but what we saw in Melbourne recently is an exception to the rule. I am talking about the future of cars, the electric revolution that will turn the car industry on its head over the next decade. Tesla Motors, an innovative American car manufacturer had a show car on display at Chadstone Shopping Centre. It was their luxurious Model S with two electric motors and a Lithium-Ion Battery that gives the car a range comparable with other standard cars. That was quite impressive, but little did I know that this was just the beginning. In my opinion, it is the first electric car that is not only better but way ahead of all conventional cars.
Getting to like Tesla's top model. |
The front luggage compartment reminds me of my 911 Porsche |
What’s inside: The first thing I noticed was an unusually flat spacious floor, and a luxurious interior with a pleasant design, leather seats, leather steering wheel, etc. A Linux based computer with a large touch screen dominates the area where one would expect heater controls and the radio. This touch screen is the main control panel for all functions of the car such as entertainment, climate control, suspension, power steering settings etc. The centre console could do with some improvements as it is only shallow, hard to reach for people with short arms, and lacks storage space and compartments.
Switches, knobs and levers have become obsolete. |
Room for improvement |
Selfie - The car parks itself when it comes home |
Driving a Tesla Model S P85D: After a 20-minute induction I realised that driving an electric car will be very different from what I am used to. A stalk on the steering column features three basic functions: Park, Drive, Reverse and there is also the typical indicator /light and cruise control. The software incorporates a creep function that reminds of an automatic transmission where the car creeps forward when the brakes are released. Now it was time to drive it. There is no need to start a motor, so I just set it to ‘Drive’ and in absolute silence the car started to creep forward as I released the brakes. Once on the road, it didn’t take long for me to really like this car. It is very easy to drive. The performance with instant and continuously strong torque was something I had never experienced before in my 33 years of driving all sorts of cars (which includes two Porsche 911). Inside it was dead silent apart from the occasional scream coming from the back seats when I put my foot on the accelerator, to see what it feels like to reach 100km/h in 3.2 seconds. (The Ferrari F430 needs more time for that: 3.65 seconds; And does it only with an ear busting noise and a smoke trail behind it). Overtaking manoeuvres are incredibly fast – it feels like the car almost jumps to where you want to be. The weight distribution with the batteries located in the floor gives the car great stability when cornering and it follows abrupt steering movements very precisely.
Super compact and powerful - 691hp |
A lot of thought went into the speedo/energy flow meter. |
Service Cost: In short, there isn’t much to be serviced, although I can imagine that this brand new concept that is still in its infancy will have a few hiccups. Most of these can probably be ironed out with automatic software updates that are uploaded via the Internet. Even if you never take the car to a service centre you won’t lose the 8 year warranty on the drive train and battery. Since the car has a regenerative brake system the brakes could easily last for 100,000km and more. It’s a different story with tyres as they can wear quickly depending on how much you enjoy the power. And of course the suspension parts will wear over time just like they do in any other car.
Smaller, simpler and way ahead of combustion engines and transmissions |
Range: The range is somewhere between 400 and 500km (probably closer to 400km).
Charging the Batteries: We simply pull up at the service station to refuel our standard cars, but it’s a different story with electric cars. Just think of a cordless drill. The time it takes to charge the battery depends on the type of charger, the power available and the state of the battery. While personally I would charge the car whenever there is a nearby power point, (e.g. in my garage), other drivers may do longer trips and require charging the car at a charging station.
A new kind of 'pump' for service stations. |
Economy: My BMW needs 8-9 Liters of petrol to every 100km. At the current price of $1.35 a 400km trip costs roughly $46 in fuel and $16 in service = $62.
Charging the batteries of a Tesla Model S at $0.15 per kW will cost around $15, given that I don’t have solar panels on my house. All up the Tesla would save me 75% on my fuel bill. With an annual mileage of 10,000 km the Tesla would cost me $375 (compared to $1,550 for my BMW).
The Price Tag: Price Range stretches from USD 60,000 to USD 105,000. Unfortunately the exchange rate is not working in our favor here in Australia. Plus we will be up for a luxury car tax when we go for a model that’s worth more than A$75,375. The ATO is not too keen on helping clean up the world. But there is an exemption from Stamp Duty for those lucky few who happen to live in the ACT. And if you live in Victoria you save $100 annually on registration fee, which gives you an extra 4 or 5 trips on their toll roads.
Resale Value: Nobody knows... For piece of mind Tesla offers to buy the car back after 3 years for 50% of the base price. Hopefully you get a bit more for it elsewhere. I’m not sure what to think about it, but it is an interesting concept.
Implications of Superior Electric Cars: The Tesla Model S is clearly way ahead of any conventional car. As a spacious 4-door sedan it outperforms super cars like Ferrari, Maserati, and Porsche to name a few. You simply cannot walk away from a car like that without being impressed. My prediction is that we will see a revolution over the next 5-10 years like we saw it with CDs over vinyl records, LCD TV-sets and digital cameras. Once a product is superior to what we know, it will take over the market and the price comes down as production numbers grow. Small electric cars may well be available for less than $15,000 once they are mass produced. We will soon look back at those rattly, noisy, and smelly cars that we have now and we will feel really good about a cleaner future. We will move away from wars over oil and we may even be able to turn climate change around. The good things that come with electric cars are obvious: Cleaner, quieter, faster and safer cars. Beyond that there will be the need for better and cleaner electricity grids, more output from power stations and a complete new network of fast charging stations that will slowly replace petrol pumps; Here is a unique prospect to invest in renewable energy and get a guaranteed return! So there will be new opportunities and new goals.
On the other hand, we will see many motor mechanics become redundant, gear box and engine assembly lines being closed and many suppliers of engine parts will have to change their business strategies. Progress has always put people out of work but it has also created new opportunities and it has always lifted everyone’s living standards.
Think about it: The effects of burning oil at an ever increasing rate of currently 13.5 million cubic meters, or 5400 Olympic size swimming pools per day cannot be what we want to leave for our children and grand children. It is unsustainable and everybody knows it. Electric cars will increase the demand for electricity. That in turn clears the path for newer, cleaner and more sustainable power generation. The longer we wait for politicians to sort out their popularity contests the harder it is for us to sort out the threats to our future. It takes leaders who believe that our gift of human intelligence shouldn’t stop at the first source of money but take us way beyond the horizon. It takes people like Elon Musk who don’t waste time talking, but who actually make a difference to the world, people who show the way by example and clear the path to a better life for coming generations. If things go his way, then our children may one day thank him for doing what he’s good at: Turning dreams into reality.
Man with a plan - Elon Musk |
Please note: I have borrowed some images from Tesla's website and wikipedia.org to compile this page.
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