I think that’s what the issue is. The EV market is specifically EV enthusiast and like other car enthusiasts it’s loyal. Ford and GM feels too “me too”. VW has a lot to learn as well. It seems that the legacy makers are trying too hard to put too much normal car into them and EV buyers are ready for different. I love my VW but when it comes to EVs I’ll take a Tesla. So far I don’t have interest elsewhere. I think that can change, but the current charging network ruins any possibility of that changing soon.
GM and Honda calling it quits...
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OVERKILL
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Have you looked at the BMW EV's?
I believe that when Tesla and others are offering compact EV's priced in the $30K and under price range and with batteries capable of providing around 300 miles to a charge we will see a very rapid increase in the percentage of EV's sold each year. There are countless urban dwellers who have either short commutes or maybe only need a vehicle 3 or 4 days per week and an EV would make prefect sense. Add the younger consumers who aren't making big bucks yet and want to do their part for the environment and the manufacturers will be selling those models as fast as they can make them. A lot of people don't need a vehicle as spacious as a Model 3 or Y and certainly don't want to spend $60k or can't afford it.
For the manufacturers who aren't gearing up for that market now due to philosophical reasons or because they lack the capital to do so, they are going to be losers. Toyota and VW will likely be major players along with Tesla. Kia and Hyundai too. Ford and GM ? Good luck.
For the manufacturers who aren't gearing up for that market now due to philosophical reasons or because they lack the capital to do so, they are going to be losers. Toyota and VW will likely be major players along with Tesla. Kia and Hyundai too. Ford and GM ? Good luck.
Yes and no.
You are not accounting for the fact that about 50% of the residents in large urban environments are renters, the vast majority of which are apartment dwellers. These people can't use a BEV because they don't have access to home charging, and these are the very people for which the purchase of a low priced BEV would be attractive. A very small number of them may have access to charging at their work (IF they actually go to work, now days many of them are working from home), but most businesses are not going to provide charging facilities, small businesses in particular.
BEVs are really only useful in urban and suburban environments. People who live in rural areas are not going to purchase BEVs in any meaningful numbers because they are not well suited for rural use. There is a LOT of rural in the USA. In this regard, the sales of BEVs is self limiting,
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I have, they’re nice. They’re also more than I’m willing to spend on a car no matter who makes them.
I think you have to look at the numbers. They dont lie.
Speculating people dont trust GM or Ford is your opinion only. If you were anywhere near correct GM would not be the top vehicle seller for 90 years, losing to Toyota only one year coming out of Covid.
You cant ignore the fact that since the traditional automakers started producing EVs Tesla every single year, every quarter of the year loses USA market share and its happening overseas too. Yet, the competition has only started to release some models with an electric engine instead of ICE.
EVs in their present battery form will never come close to overtaking the ICE.
They will for sure have a place in the automotive world, much like any vehicle. SUV, Pick up truck, compact car, luxury car. That place will not be the primary vehicle for many people, Never in our lifetimes.
My prediction?
As far as Tesla, unless something changes, like a new CEO they will still be a very successful company but more the likes of how popular the VW Beetle was. The stuff Tesla is cranking out are compact cars in an SUV and truck country. Its fact GM and Toyota knows what the public wants and why no one comes close to their USA sales numbers. How anyone can deny this I dont know.
Tesla is inept at turning out new products, the USA consumer gets bored fast. Look at the gorgeous EV6 as an example and others coming from Korea.
If you dont think the Equinox and other offerings from GM are going to take over the market alone with the Korea offerings and Japan, IF GM chooses too ... well ...
Sometimes I think these posts are based on what region of the USA that you live. Call be crazy, but historically, taking into account inflation, gasoline is still dirt cheap except in states that tax the heck out of it. So other than a specific use, I have no clue why gasoline cost is brought up. For me, as a second car an EV would work perfect at the right price. Why? our second car, currently a Mazda sits in the driveway days at a time, truly a local car. For comfort, trips and towing our boat, the Chevy Traverse with factory tow package is a dream machine to tow or cruise the interstate. Which by the way, getting on in years, 65k miles and 6 years old, still has not needed a repair. Typical GM experience. Yet, Hertz rent a car is reporting maintenaning their EV fleet costs 100% more than on its ICE fleet.
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What are Tesla's profits when you subtract out Government subsidies and selling Carbon credits?
Yeah, but you are admittedly a small car enthusiasts and 100% against large vehicles that you personally think are a waste of resources, danger to other vehicles and road damage. This is not main stream America and as another mentioned luxury car America.
BTW- nothing wrong with that and what I typed but I dont see you as the typical consumer. I mean already the looks and feel of the EV6 as well as others are taking off and the GM models will too.
One must keep in mind, demand for anything EV is not going to be what everyone thought and that is already starting to come to light.
There is none! *LOL*
Yet the legacies making money hand over feet without them on their ICE vehicles and Tesla would be dead in the water without them.
The credit will help GM and others too and that is the danger to Tesla as they lose market share every financial quarter of the year.
OVERKILL
$100 Site Donor 2021
Ahhhh, OK.
I don't have those numbers, but you can find them. You understand that those subsidies are available to other companies, right?
Yes. Forced social engineering project(s). How is Solyndra doing these days? Not how innovation should be done IMHO. Anything forced has higher hurdles to overcome.
Solyndra was killed by cheaper Chinese solar coupled with the dramatic cost reduction of the key solar panel component, polysilicon. Solyndra's brain child was to optimize the use of polysilicon with its cylindrical shape. It was a great idea until polysilicon cost fell dramatically.
Technology is the great disrupter. By the way, I love my solar.
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EV demand isn't going to skyrocket like that anytime soon. Until any car company can implement quick-charging that gives you 300 miles of range in two minutes like a trip to the gas pump does, people are not going to flock to them. They are still very much the outsider compared to ICE and people still have range anxiety.
What should worry the legacy industry is that their current product plans put them on a road to disaster during the next recession. Maybe not this year or even next, but one will come and it will be fueled with the accumulation of bad debt that always accompanies the late stages of an of economic expansion and always precedes a recession.
Memories are often short, but one should recall that during the last recession GM had to go to the federal government with begging bowl in hand and plead for a government bailout that cost all of us taxpayers more than eleven billion dollars.
Memories are often short, but one should recall that during the last recession GM had to go to the federal government with begging bowl in hand and plead for a government bailout that cost all of us taxpayers more than eleven billion dollars.
https://www.streetmusclemag.com/news/new-dodge-charger-will-keep-gas-engine-option/
The new Dodge Charger was supposed to be Electric only !
The new Dodge Charger was supposed to be Electric only !
I actually enjoyed my Solar at my other home (that we sold). However, didn't make sense without the 33% Federal Tax Credit. Break-even was too long without tax breaks. Technology is a great disrupter, especially when the positive economics are naturally present.
Solyndra couldn't survive without Government money. Why didn't private money jump all over it then? Again, a narrow minded investment decision by bureaucrats. Setup to fail from the very beginning. Private money knew the risks, thus why investor of last result was Government backing.
So... now we have GM, Honda, Ford, M-B, and now Stellantis all announcing in the last week that they are backing-off on their plans for an all-BEV future. Furthermore, I predict that the Big-3 will announce a reintroduction of cars into their product lines.
Everyone was criticizing Toyota for the way that they were approaching the BEV future, but it appears that they were right all along.
