fholbert
Active Member
Looks
It appears a lot of Tesla owners are trading in for a General Motors vehicle.
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It appears a lot of Tesla owners are trading in for a General Motors vehicle.
Put the post below in another thread, but it is relevant here as well:
There has been a LOT of doom and gloom recently about EVs in the press - especially from certain quarters of the business press who have always been hoping for EVs to fail. High demand for the vehicles is not materializing, or at least not as quickly as predicted. Losses by some manufactures, including the big legacy automakers, are steep. Plans are being rethought. Some of the press is crowing about Telsa's decreasing margins due in part to its price cutting.
There is some merit to the view that the EV transition is in some trouble right now. And that is especially the case with legacy manufacturers (although some new EV firms, like Lucid, are in trouble too). As this article suggests though, despite some cheering that Tesla is not doing quite as well as hoped, they are the exception and are still making a lot of money from their EVs.
Tesla's enduring power is even clearer after the EV competition in Detroit falls flat
Tesla's competition can't keep up. Traditional auto companies were supposed to catch Tesla in the EV market. The past week shows how badly Detroit has failed to do this.
www.businessinsider.com
So good for Tesla. But it is still worrisome for the EV project, and for traditional North American auto manufacturing, that other companies here have not got this figured out yet.
Anybody ever heard of "Osborne"?There has been a LOT of doom and gloom recently about EVs in the press - especially from certain quarters of the business press who have always been hoping for EVs to fail. High demand for the vehicles is not materializing, or at least not as quickly as predicted. Losses by some manufactures, including the big legacy automakers, are steep. Plans are being rethought. Some of the press is crowing about Telsa's decreasing margins due in part to its price cutting.
Put the post below in another thread, but it is relevant here as well:
There has been a LOT of doom and gloom recently about EVs in the press - especially from certain quarters of the business press who have always been hoping for EVs to fail. High demand for the vehicles is not materializing, or at least not as quickly as predicted. Losses by some manufactures, including the big legacy automakers, are steep. Plans are being rethought. Some of the press is crowing about Telsa's decreasing margins due in part to its price cutting.
There is some merit to the view that the EV transition is in some trouble right now. And that is especially the case with legacy manufacturers (although some new EV firms, like Lucid, are in trouble too). As this article suggests though, despite some cheering that Tesla is not doing quite as well as hoped, they are the exception and are still making a lot of money from their EVs.
Tesla's enduring power is even clearer after the EV competition in Detroit falls flat
Tesla's competition can't keep up. Traditional auto companies were supposed to catch Tesla in the EV market. The past week shows how badly Detroit has failed to do this.
www.businessinsider.com
So good for Tesla. But it is still worrisome for the EV project, and for traditional North American auto manufacturing, that other companies here have not got this figured out yet.
That is a bullcrap prediction.I thought this EV adoption projection attached was surprising (EV's level off at 30% of the total car market)...more bearish long term than I'd been led to believe?
...especially from certain quarters of the business press who have always been hoping for EVs to fail. ...
... some cheering that Tesla is not doing quite as well as hoped, ...
Are you talking about new automobile sales? And, are you talking about globally, the US or some other country?My prediction is about 2027 sales of BEV will = ICE.
California is already at 25% of new car sales.
As I posted elsewhere:I got an answer to the above part. per page 27 of http://www.jama.or.jp/english/reports/docs/MIoJ2022_e.pdf, global motor vehicle production excluding motorcycles were these numbers:
2019: 92.183 million
2020: 77.711 million
2021: 80.145 million
http://www.jama.or.jp/english/reports/docs/MIoJ2021_e.pdf page 28 adds another data point:
2018: 96.869 million
At EV industry I posted some numbers about Japan. I posted a bit more info at Japanese EV market - Page 2 - My Nissan Leaf Forum. Hint/preview: In 2021 in Japan, new BEVs made up 0.5% out of 4.45 million new vehicles. Non-plugin hybrids made up about 32%. PHEVs were about 0.51%.
If you look at page 17 of http://www.jama.or.jp/english/reports/docs/MIoJ2022_e.pdf, new BEV sales hit their peak in Japan in 2018 at 26.5K units sold in a year. They have not returned to that record yet.
New car sales in US.Volkswagen's Largest EV Plant Slows Down Again Due To Weak Demand
The situation in the Volkswagen Group's largest electric car factory in Zwickau, Germany appears to be worsening because of insufficient demand.insideevs.com
Are you talking about new automobile sales? And, are you talking about globally, the US or some other country?
For the US, we have Prediction, in Which Year Will New Electric Vehicle Sales Exceed 50% in the United States "Poll". I voted after 2040 and still stand by that. I live in Silicon Valley where we have lots of BEVs and have been driving BEVs as my primary car for over 10 years and have been ICEV-less in my household of 1 since end of Jan 2019.
The problem Toyota have, is no one wants to buy their cars … they messed about with Hydrogen and other distractions.
Cwerdna, you make it sound like things are fine at Toyota !
In the morning and I double checked in the evening, it seems like the guzzler Silverado (was white) was replaced with a lifted brand new grey Silverado. It still has CA temp placards on it. It looked like there was a ZR2 badge on it (Site Maintenance). Looks like their starting MSRP is just under $70K. Not sure if it's leased or owned. Also not sure about the previous Silverado.Remember, I'm in California and many of the above folks in that channel are still in California.
My next door neighbor for some reason has 5 cars for 2 drivers. They've only ever had a single EV (currently a '22 Bolt EV). The rest are ICEV. They've had a previous Bolt and a Leaf before that. The husband seems to gallivant around in a relatively new guzzler Silverado despite gas being over $5/gal here. I've pointed out to the husband that even at crazy Pacific Gouge & Extort electricity prices, driving that Bolt is cheaper than the Silverado even when gas was $4/gal. (We have a 19 cent/kWh DC FC within 5 miles of home that is cheaper than charging at home.)
Apparently, he doesn't even usually go very far and not beyond where that DC FC is (he knows where it is too).