Only watched the first quarter, but it the video seems to be blending EV insurance rates and commercial (Uber-equivalent) insurance rates into one complaint. With the interviewees saying stuff like their insurance rates jumped after driving their EVs for carpooling services, but not ever separating the two variables.
Yes, because everyone — everyone — in China does ridesharing to some degree. There's been other videos on the topic, but it's the only way to afford a car there. Everyone needs to do a little of it to afford the payments, insurance, and road fees. It's known and accepted there that the govt will fine you a bogus traffic ticket to make up the deficient in their budgets. The fees are around 300 Yuan, or about 1/3 of your daily wages.
Anyhow, you HAVE to rideshare to afford a car in China, which is why the two rates are "conflated." But as u/dagthegnome said, EV's are about control and they're using this tactic to force people off the roads and isolate them. "You'll own nothing and be happy."
"EV adoption crosses 50%." That implies a bit less than 50% of cars in China are ICE. Do the complaints about commercial vs. private insurance in the video impact both or just EVs?
It should be trivial to answer if:
everyone — in China does ridesharing to some degree
EV adoption crosses 50%
They are not hard to separate. Maybe it's hard to find non-rideshare drivers but based on what you've said, there are at least 150m+ ICE rideshare drivers.
Based on how media usually operates, I assume that EVs pay more and rideshares pay more, but they're being stacked to get a more sensational number for headlines.
Only watched the first quarter, but it the video seems to be blending EV insurance rates and commercial (Uber-equivalent) insurance rates into one complaint. With the interviewees saying stuff like their insurance rates jumped after driving their EVs for carpooling services, but not ever separating the two variables.
Yes, because everyone — everyone — in China does ridesharing to some degree. There's been other videos on the topic, but it's the only way to afford a car there. Everyone needs to do a little of it to afford the payments, insurance, and road fees. It's known and accepted there that the govt will fine you a bogus traffic ticket to make up the deficient in their budgets. The fees are around 300 Yuan, or about 1/3 of your daily wages.
Anyhow, you HAVE to rideshare to afford a car in China, which is why the two rates are "conflated." But as u/dagthegnome said, EV's are about control and they're using this tactic to force people off the roads and isolate them. "You'll own nothing and be happy."
"EV adoption crosses 50%." That implies a bit less than 50% of cars in China are ICE. Do the complaints about commercial vs. private insurance in the video impact both or just EVs?
It should be trivial to answer if:
They are not hard to separate. Maybe it's hard to find non-rideshare drivers but based on what you've said, there are at least 150m+ ICE rideshare drivers.
Based on how media usually operates, I assume that EVs pay more and rideshares pay more, but they're being stacked to get a more sensational number for headlines.