I read an IHS Markit report that said from now through 2025, 124 new EVs are to be introduced in the U.S. market. Good times ahead. 
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EV industry
- Thread starter Terminator857
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RobDickinson
Active Member
Brando
Active Member
I suspect China brands coming.
"GM has a Shanghai-based joint venture with SAIC Motor Corp Ltd 600104. SS making Buick, Chevrolet and Cadillac vehicles. It has another venture, SGMW, with SAIC and Guangxi Automobile Group, producing no-frills mini-vans, ..." [from google search]
"Ford has started production of the Mustang, specifically the Mustang Mach-E, at a plant in Chongqing, China, with the first completed example of the battery-electric crossover rolling off the line on Monday. Mustang Mach-Es built at the plant will be sold in China, Ford has confirmed."
Oct 19, 2021
"GM has a Shanghai-based joint venture with SAIC Motor Corp Ltd 600104. SS making Buick, Chevrolet and Cadillac vehicles. It has another venture, SGMW, with SAIC and Guangxi Automobile Group, producing no-frills mini-vans, ..." [from google search]
"Ford has started production of the Mustang, specifically the Mustang Mach-E, at a plant in Chongqing, China, with the first completed example of the battery-electric crossover rolling off the line on Monday. Mustang Mach-Es built at the plant will be sold in China, Ford has confirmed."
Oct 19, 2021
VW Group commits $7.1 billion to North America, plans 25 EVs for U.S. by 2030
Volkswagen Group said it will introduce 25 EVs to North America by 2025 across brands sold in the U.S. It also said it would expand battery production on the continent to feed its EV ambitions.
www.autonews.com
VW Group commits $7.1 billion to North America, plans 25 EVs for U.S. by 2030
VW said it will introduce 25 EVs to North America by 2025 and will expand battery production on the continent to feed its EV ambitions.
/quote
Yeah, that doesn't make much sense.
Brando
Active Member
How much does a single "part #" cost ?
specification document; quality mins.; testing; qualified vendor lists; company internal catalog; repairer catalog; boxes for parts; warehouse storage; another warehouse catalog to show where to find parts
Some claim each part number has $100,000.00 cost (over 25 year life time ?? $4,000/year?)
You get the idea, others with actual experience I'm sure can improve/correct this thought experiment.
specification document; quality mins.; testing; qualified vendor lists; company internal catalog; repairer catalog; boxes for parts; warehouse storage; another warehouse catalog to show where to find parts
Some claim each part number has $100,000.00 cost (over 25 year life time ?? $4,000/year?)
You get the idea, others with actual experience I'm sure can improve/correct this thought experiment.
Car and Driver lists about 60 EVs that are coming:
www.caranddriver.com
Future EVs: Every Electric Vehicle Coming Soon
These EVs are in various stages from concept to production, and perhaps a few may never see the light of day.
www.caranddriver.com
As gas prices rise, google search for 'electric car' rises.
Yep, some of us just saw this coming a looong time ago.
I've been searching for one since the '70's, then when I learned about how the EV1 proved an EV could be practical, I amped up my search.
Five Barriers to EV Sales Breaking Out
“A lot of buzzworthy EVs haven’t hit the market yet,” says J.D. Power’s Stewart Stropp.
www.wardsauto.com
- Not a lot of product
- Spotty charging infrastructure
- Range
- Information underload
- Lack of EV driving experience
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. . . with one notable exception, of course.Five Barriers to EV Sales Breaking Out
“A lot of buzzworthy EVs haven’t hit the market yet,” says J.D. Power’s Stewart Stropp.
- Not a lot of product
- Spotty charging infrastructure
- Range
- Information underload
- Lack of EV driving experience
DanCar
Active Member
EV Industry presentation, slides and video:
Registration required, free, and it looks like you can enter garbage info. Presentation available immediately.
Link to PDF presentation available in the link. Click on "Event Resources". Meat of presentation starts at about 2:50 into the video.
Tidbits:
1. 16% of people bought online
2. 64% will switch brand if car not available
3. 94% in 2021 did not consider an EV
4. EV shoppers: 72% 45 or younger. 72% have children. 80% affluent.
5. Take 3 months researching and shopping
6. Slide 15: 150 EV nameplates projected to be available by end of 2025
7. Slide 23: Charging is one of the most researched
8. Slide 24: 30 EV namesplates available today. 60 available by end of year. 340 none EV namesplates available today.
Registration required, free, and it looks like you can enter garbage info. Presentation available immediately.
Link to PDF presentation available in the link. Click on "Event Resources". Meat of presentation starts at about 2:50 into the video.
Tidbits:
1. 16% of people bought online
2. 64% will switch brand if car not available
3. 94% in 2021 did not consider an EV
4. EV shoppers: 72% 45 or younger. 72% have children. 80% affluent.
5. Take 3 months researching and shopping
6. Slide 15: 150 EV nameplates projected to be available by end of 2025
7. Slide 23: Charging is one of the most researched
8. Slide 24: 30 EV namesplates available today. 60 available by end of year. 340 none EV namesplates available today.
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Honda, the last holdout to embrace EVs finally does. Being late to the party is going to cost them dearly.
www.autonews.com
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www.reuters.com
Quote: Japan's Honda Motor Co Ltd (7267.T) said on Tuesday it plans to spend $64 billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.
Honda pours $40 billion into electrification, targets 2 million EV production by 2030
The latest announcement builds on a string of initiatives CEO Toshihiro Mibe is taking to make the lineup at Japan’s No. 2 automaker completely gasoline-free by 2040.
www.autonews.com
Honda to spend $64 billion on R&D as it revs up electric ambitions
Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade, the company said on Tuesday, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.
www.reuters.com
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Brando
Active Member
That is much more than Tesla spends [well Honda does have more models than Tesla]
- Tesla annual research and development expenses for 2021 were $2.593B, a 73.91% increase from 2020.
- Tesla annual research and development expenses for 2020 were $1.491B, a 11.02% increase from 2019.
- Tesla annual research and development expenses for 2019 were $1.343B, a 8.01% decline from 2018.
- I guess the competition is coming ???????
- Good Luck Honda - I trust Japan will bail you out. I wonder how many times.
I wonder how much of it Honda will blow on Hydrogen, and hybrid technologies?Honda, the last holdout to embrace EVs finally does. Being late to the party is going to cost them dearly.
Honda pours $40 billion into electrification, targets 2 million EV production by 2030
The latest announcement builds on a string of initiatives CEO Toshihiro Mibe is taking to make the lineup at Japan’s No. 2 automaker completely gasoline-free by 2040.
Quote: Japan's Honda Motor Co Ltd (7267.T) said on Tuesday it plans to spend $64 billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.Honda to spend $64 billion on R&D as it revs up electric ambitions
Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade, the company said on Tuesday, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.
Nissan Sakura Debuts As $14,000 Electric Kei Car With 112 Miles Of Range
Nissan has introduced in Japan the 63-horsepower Sakura, a tiny EV measuring only 3,395 mm (133.6 inches) and equipped with a 20-kWh battery.
www.motor1.com
Nissan, Mitsubishi Debut Sakura and eK X Electric Kei Cars In Japan
Both minicars are powered by a 20 kWh lithium-ion battery that enables a driving range of 111 miles on Japan's WLTC test cycle.
insideevs.com
Nissan press release at Nissan unveils all-new, all-electric minivehicle in Japan and "line-off" press release at Nissan, Mitsubishi Motors, and NMKV Hold Line-Off Ceremony for New Kei EV.Nissan to sell small electric car in Japan for $14K, with 112 mile range.Nissan Sakura Debuts As $14,000 Electric Kei Car With 112 Miles Of Range
Nissan has introduced in Japan the 63-horsepower Sakura, a tiny EV measuring only 3,395 mm (133.6 inches) and equipped with a 20-kWh battery.
Nissan, Mitsubishi Debut Sakura and eK X Electric Kei Cars In Japan
Both minicars are powered by a 20 kWh lithium-ion battery that enables a driving range of 111 miles on Japan's WLTC test cycle.
Hyundai #2 in EV sales in North America.
www.autonews.com
Quote
First-quarter registration data from Experian puts Tesla way out front in the EV race, with 113,882 registrations across its four models. But Tesla's counterpart to the Ioniq 5 and EV6, the Model Y, starts at $64,440 with shipping. That's about $22,000 more than the Kia and about $19,000 more than the Hyundai, based on entry-level models currently on sale.
Experian last week reported 6,265 registrations for the Ioniq 5 in the first quarter and 4,901 for the EV6. Kia also had 3,549 registrations for the Niro EV, and Hyundai had 685 for the Kona Electric. Hyundai's discontinued Ioniq Electric hatchback, which launched in 2017, posted 14 registrations. All told, the group had 15,414 EV registrations in the first quarter, Experian said. The Ford brand had 7,407 registrations, mostly for the Mustang Mach-E compact crossover. Chevrolet had just 479 EV registrations for the Bolt EV and Bolt EUV combined after a long factory shutdown, but GM had 80 for the new GMC Hummer EV pickup.
Registrations of Volkswagen's ID4 compact crossover were 2,926 in the January-March period, and Nissan had 4,401 for its Leaf compact hatchback. Brands with zero first-quarter EV registrations included Toyota, Honda, Subaru and Mitsubishi...
Hyundai Motor Group breaks from EV pack
Hyundai Motor Group has faced a long road catching up to its Japanese rivals in combustion engine technology. But it's now passing them in the race to be No. 2 behind EV king Tesla.
www.autonews.com
First-quarter registration data from Experian puts Tesla way out front in the EV race, with 113,882 registrations across its four models. But Tesla's counterpart to the Ioniq 5 and EV6, the Model Y, starts at $64,440 with shipping. That's about $22,000 more than the Kia and about $19,000 more than the Hyundai, based on entry-level models currently on sale.
Experian last week reported 6,265 registrations for the Ioniq 5 in the first quarter and 4,901 for the EV6. Kia also had 3,549 registrations for the Niro EV, and Hyundai had 685 for the Kona Electric. Hyundai's discontinued Ioniq Electric hatchback, which launched in 2017, posted 14 registrations. All told, the group had 15,414 EV registrations in the first quarter, Experian said. The Ford brand had 7,407 registrations, mostly for the Mustang Mach-E compact crossover. Chevrolet had just 479 EV registrations for the Bolt EV and Bolt EUV combined after a long factory shutdown, but GM had 80 for the new GMC Hummer EV pickup.
Registrations of Volkswagen's ID4 compact crossover were 2,926 in the January-March period, and Nissan had 4,401 for its Leaf compact hatchback. Brands with zero first-quarter EV registrations included Toyota, Honda, Subaru and Mitsubishi...
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