Posted by u/lughnasadh
Just as world gasoline prices start to soar, Vietnam, Thailand, Malaysia, and Indonesia now manufacture enough solar panels to cheaply power 20 million EVs, six times their annual new car sales.
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. Southeast Asia’s Solar Panel Boom: It’s not just about China. The world is now benefiting from historically cheap solar panels made in Vietnam, Thailand, and Indonesia. *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*
More from r/Futurology
After laying off 10,000 workers for AI, Meta installed tracking software on remaining employees’ work computers to log mouse movements, clicks, keystrokes, and screenshots, using the data to train their AI replacements.
One of the most egregious 'everything-will-be-OK' arguments that repeatedly gets trotted out about our future when AI...
Europe set 2030 as a date to dismantle its reliance on US financial infrastructure like Visa/Mastercard payments; it's happening far quicker.
Now that the US sees the EU as a potential enemy, Europe has moved to ensure its financial system can never be...
With no China, US, or OPEC to block or veto measures. 60 governments, incl. Brazil, Germany, Canada, and Nigeria will hold the first international meeting this week to discuss phasing out fossil fuels.
One of the major stumbling blocks to existing international efforts to phase out fossil fuels, like the COP climate...