Auto execs are coming clean evs arentworking.

Most of these news stories are ignoring the elephant in the room: a year ago every new car was wildly expensive, with $10K-$20K over MSRP common. Used cars were similarly high priced, with some going for over MSRP. Interest rates near zero were making those prices look reasonable.

That bubble popped. Pent-up demand was satisfied, manufacturers caught up, and interest rates rose to (almost) historically normal levels. Dealer lots are full, and quiet price cutting has started.

This affected EVs as well as ICE vehicles.
 
djb said:
Most of these news stories are ignoring the elephant in the room: a year ago every new car was wildly expensive, with $10K-$20K over MSRP common. Used cars were similarly high priced, with some going for over MSRP. Interest rates near zero were making those prices look reasonable.

That bubble popped. Pent-up demand was satisfied, manufacturers caught up, and interest rates rose to (almost) historically normal levels. Dealer lots are full, and quiet price cutting has started.

This affected EVs as well as ICE vehicles.
Click to expand...
Yup. But whatever. People make up stories to satisfy what they want to believe.
 
djb said:
Most of these news stories are ignoring the elephant in the room: a year ago every new car was wildly expensive, with $10K-$20K over MSRP common. Used cars were similarly high priced, with some going for over MSRP. Interest rates near zero were making those prices look reasonable.

That bubble popped. Pent-up demand was satisfied, manufacturers caught up, and interest rates rose to (almost) historically normal levels. Dealer lots are full, and quiet price cutting has started.

This affected EVs as well as ICE vehicles.
Click to expand...

This fact alone that the rise of EVs during a hogwash supply chain panic buying spree makes me all the more convinced that there will be a decent hangover effect before folks flock back. My guess is 2-3 years once solid state batteries are released.
 
k1xv said:
If I wanted an emission free car, I would prefer one that either ran on compressed air, or on a wound up spring.

You could put a solar panel on the roof to run the air compressor, or the motor that wound the up the spring.
Click to expand...
What are you powering, a bicycle?
 
Torrid said:
There’s a lot more things going on than just interest in any car in general. Increasing interest rates and inflation everywhere else. If it was happening in a vacuum I might say you’re on to something. I don’t think it’s that black and white because nearly every car company is down, price drops or not. The only one that isn’t as a conversation here recently and that’s GM which seems to be the only US based auto group turning out many sub $30k vehicles with new releases this year while nearly everyone else is relying on larger, more expensive vehicles. I think those could run on anything including unicorn farts and they’d sell either way at those prices given the competition.
Click to expand...
You're certainly entitled to your opinion, as well as I am. Business that are truly dominating, don't cut prices, they hike them. Many on this board insist Tesla is dominating the EV space, which is true. But I have a feeling they fear ICE as well as EV competition, which imo is why they're cutting prices.
 
demarpaint said:
You're certainly entitled to your opinion, as well as I am. Business that are truly dominating, don't cut prices, they hike them. Many on this board insist Tesla is dominating the EV space, which is true. But I have a feeling they fear ICE as well as EV competition, which imo is why they're cutting prices.
Click to expand...
Perhaps, but there is more to it than that. Here are 2 key supporting reasons, from a business perspective:
1 - Moving more product improves factory utilization increasing margins by spreading the fixed costs over more units. You don't build a factory to partially use it. Tesla is in rapid growth mode; a new factory is a huge corporate investment.
2 - Competition squeeze. Tesla's competition continues to release new EVs, consuming market share. When you have strong margins, you can lower prices to pressure the competition. Remember, other companies are losing billions on their EV business.

No doubt, Tesla began cutting the prices of its cars in a bid to stoke demand. Strong demand is leverage.
 
demarpaint said:
You're certainly entitled to your opinion, as well as I am. Business that are truly dominating, don't cut prices, they hike them. Many on this board insist Tesla is dominating the EV space, which is true. But I have a feeling they fear ICE as well as EV competition, which imo is why they're cutting prices.
Click to expand...
Don't forget you're dealing with Elon Musk. I suspect he may have reduced Tesla prices to both increase his market share and discourage the competition. [How would you like to be competing with Tesla? I wouldn't.]

His margins are very good. He can sell Teslas at that lower price and still make out like gang-busters.
 
ecotourist said:
Don't forget you're dealing with Elon Musk. I suspect he may have reduced Tesla prices to both increase his market share and discourage the competition. [How would you like to be competing with Tesla? I wouldn't.]

His margins are very good. He can sell Teslas at that lower price and still make out like gang-busters.
Click to expand...
No point in me repeating myself, so instead I'll say this. Lets see what happens to Elon and team Tesla when China really starts flooding the market with cheap EV's.
 
demarpaint said:
No point in me repeating myself, so instead I'll say this. Lets see what happens to Elon and team Tesla when China really starts flooding the market with cheap EV's.
Click to expand...
Yep. It is happening now, and is gonna be a fight. China is a formidable manufacturing foe due to their work force and especially their greater number of engineers. My money is on America.
 
Shel_B said:
Would you be kind enough to name some?

In what way does dual injection improve reliability?
Click to expand...
It keeps the backs of the intake valves clean which is a major issue for some direct injection vehicles. VW had dual injection in some models using the EA888 2.0 turbo including the GTI in other markets, but the US has remained direct injection only. It even changed mid cycle and the US car never gained it.
 
Soft Cars said:
At least with oil, all you have a large drill bit above the ground. No giant earth moving equipment wreaking havoc.
Click to expand...
I've never heard of a lithium spill or an electricity pipe leak. Nor have I heard of a coal train destroying the environment. Nor do I have to get my coal to power my EV from across the ocean. It's all kindof nice.
 
Ws6 said:
I've never heard of a lithium spill or an electricity pipe leak. Nor have I heard of a coal train destroying the environment. Nor do I have to get my coal to power my EV from across the ocean. It's all kindof nice.
Click to expand...


Yeah…

Lithium mining is so environmentally friendly….

And electricity always is perfectly applied… yeah right…. That’s not true either. .

And you haven’t heard of EV burning down homes right ?

They have done that too…

Or that EVs don’t do so well in accidents… Massive fires … Thar can’t hardly be put out. .

Look… I have seen many fires from internal combustion engines accidents on the highway… People die almost at every one I have seen that happen in…

There is no safety at times when things go terribly wrong.

Whether it be ev or ice.
 
bbhero said:
Yeah…

Lithium mining is so environmentally friendly….

And electricity always is perfectly applied… yeah right…. That’s not true either. .

And you haven’t heard of EV burning down homes right ?

They have done that too…

Or that EVs don’t do so well in accidents… Massive fires … Thar can’t hardly be put out. .

Look… I have seen many fires from internal combustion engines accidents on the highway… People die almost at every one I have seen that happen in…

There is no safety at times when things go terribly wrong.

Whether it be ev or ice.
Click to expand...
Overall, my ev6 GT is safer than a lot of cars Ive had. Sure, Tesla is safer, but its mot enough to sway me.

The odds of my ev6 burning my garage down are infinitesimally low. BMW ICE SUV is more likely. Noone is selling their X5 over it though.

Lithium. Oil. It doesn't really matter. People are the real issue. But noone wants to go there.
 
  • Like
Reactions: djb
Soft Cars said:
E85 and E100 is the answer. There's all kinds of ways to make alcohol fuels cheap and efficiently.
Click to expand...
A few years ago there was an article in National Geographic on making alcohol for fuel. Making alcohol can be quite efficient if it's made with sugar cane.

But in the US it actually took more fuel to grow corn and make alcohol than was saved by partially replacing gasoline. So why do they do it? The farm lobby likes the idea. It's one more market for corn.

I don't remember if they discussed the emissions aspect. And that was a number of years ago and alcohol production may be more efficient now. My only point is that substituting alcohol for gasoline isn't a slam dunk.
 
Torrid said:
It keeps the backs of the intake valves clean which is a major issue for some direct injection vehicles. VW had dual injection in some models using the EA888 2.0 turbo including the GTI in other markets, but the US has remained direct injection only. It even changed mid cycle and the US car never gained it.
Click to expand...
The Ford 5.0L has dual injection.
 
OVERKILL said:
The Ford 5.0L has dual injection.
Click to expand...
There are vehicles that have it. All should have it though. The ones that are having issues seem to be DI only. Personally I never found a problem with my 2017 5.0. No stupid stop/start and only port injection. It started every time and was easy on oil. If it wasn't for the amount of miles I cover and horrible fuel economy of an F150 I would probably still have it.
 
You must log in or register to reply here.

Similar threads

C
I was in the wrong and I don't care.
5 6 7
Replies
136
Views
3K
John105
Back
Top Bottom