ICE vehicles will be 75% of US car market in 2025

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They don't seem to stop data centers from popping up in farm land, next to homes, so their usefulness does seem questionable.
 
Curious to see how EV adoption is affected by the likely reduction or removal of tax credits.
When the tax credits were halved in 2019, and then ended, Tesla continued its rapid growth. Of course, that was a different time. Given most car manufacturers lose money on their EV business, a sales decline will be painful as margins suffer.

IMO, a good, low priced "Civic/Corolla" EV will pump up sales. Charging issues need to be addressed as well. Around here, condos and apartments have been installing chargers due to demand.

Time will tell.
 
Say what? Large swaths of my county have no broadband access, let alone fiber.
What’s broadband access? My options are 3Mbps for $79/mo thru Frontier. It’s the only option where I live. No T3, DSL, Fiber, or cable. Period. I live 20 minutes from Muncie, Indiana, which is decidedly not “the sticks” considering it’s been an manufacturing center.

I also could get 4G hotspot for $120/mo, and speeds vary and frequently drop out even though the tower is 347 yards from my house. I ended up changing to Starlink for the same $120/mo and speeds vary some but bottom out about 120Mbps.
 
It may longer than some want, but we are within just a few technological breakthroughs of electric vehicles completely taking over. Mark my words.

There are tipping points where new technology surpasses old technologies nearly instantaneously. What if a company comes out with an electric vehicle that gets something like 1000 miles of range, charges from 0-100% in 10 min, has half the rate of battery degradation, and costs $40,000? There would be very little reason to buy ICE anymore. There are technologies which could potentially deliver these kinds of numbers, so don’t be too surprised if it happens.

These breakthroughs happen periodically. Capacitive touchscreens took handheld devices from expensive niche products to mainstream necessities. Fiber optics enabled high speed internet in every household and business, allowing the proliferation of e-commerce. Refrigeration completely transformed home life.

Sometimes, a new technology changes everything, all at once.
Were also one asteroid or virus away from extinction, or one bomb away from WW3. Doesn't make it so.

An EV is not tranformational. It takes me from A to B just like a 1920 Model T. Main difference is it burns coal at a plant 100 miles away instead of gasoline I buy down the street.

Refrigeration allowed us to keep fresh food. Transformational

Fiber optics been around since early 70's. There is a ton of dark fiber in the ground from 2000 thats never been used. Only reason its a hot button now is its cheaper than copper and the ISP can now charge $100 a month instead of 40 so you can stream the same Netflix to 4 rooms at once so everyone can watch TV alone. Not really transformational either. Profitable for some.
 
Cox Automotive is predicting that EV sales will move from 7.5 % of total US sales to 10% in 2025. Hybrids and plugins will move up to 15%. This will result in ICE vehicles representing 75% of sales. It’s not clear yet what will happen to the $7500 subsidy on new EV’s.

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I'd like to see how many sell without the subsidies.
 
Were also one asteroid or virus away from extinction, or one bomb away from WW3. Doesn't make it so.

An EV is not tranformational. It takes me from A to B just like a 1920 Model T. Main difference is it burns coal at a plant 100 miles away instead of gasoline I buy down the street.

Refrigeration allowed us to keep fresh food. Transformational

Fiber optics been around since early 70's. There is a ton of dark fiber in the ground from 2000 thats never been used. Only reason its a hot button now is its cheaper than copper and the ISP can now charge $100 a month instead of 40 so you can stream the same Netflix to 4 rooms at once so everyone can watch TV alone. Not really transformational either. Profitable for some.
Coal or natural gas, depending where you live.
 
When the tax credits were halved in 2019, and then ended, Tesla continued its rapid growth.
Tesla is a status symbol. The BMW from 20 years ago. Different thing IMHO. BMW and Mercedes never did well entering the low cost market. I advise against it.

IMO, a good, low priced "Civic/Corolla" EV will pump up sales.
How about a nice Qin plus starting under $19K with 300+ mile range. But were not allowed to have one of those?

https://ev.motorwatt.com/ev-database/database-electric-cars/byd-qin-plus-ev

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Tesla is a status symbol. The BMW from 20 years ago. Different thing IMHO. BMW and Mercedes never did well entering the low cost market. I advise against it.


How about a nice Qin plus starting under $19K with 300+ mile range. But were not allowed to have one of those?
Teslas were a status symbol around here years ago, but that's changed. The cost of gas around here is crazy. I imagine Teslas are status symbols in many other areas; they are pricey.

But let's take Elon's crystal clear guidance:
  • "A $25,000 Tesla would be silly and pointless."
  • “we are still on track to deliver our affordable models starting in the first half of 2025.”
What will make it happen? Lowering cost to manufacture. Tesla is continually lowering production costs in an effort to beat the competition. “Just in Q3 we reached our lowest cost per vehicle,” Vaibhav Taneja, Tesla Chief Financial Officer, said during the third quarter earnings conference call in October.
 
Were also one asteroid or virus away from extinction, or one bomb away from WW3. Doesn't make it so.

An EV is not tranformational. It takes me from A to B just like a 1920 Model T. Main difference is it burns coal at a plant 100 miles away instead of gasoline I buy down the street.

Refrigeration allowed us to keep fresh food. Transformational

Fiber optics been around since early 70's. There is a ton of dark fiber in the ground from 2000 thats never been used. Only reason its a hot button now is its cheaper than copper and the ISP can now charge $100 a month instead of 40 so you can stream the same Netflix to 4 rooms at once so everyone can watch TV alone. Not really transformational either. Profitable for some.
Coal is only 16% of our power production in the US, but at least with an EV it’s possible to make EVs even cleaner by improving power production. You’re correct in your point though.

I'd like to see how many sell without the subsidies.
Tesla did fine last time at least. I think that’s why Elon isn’t against getting rid of the subsidy. Time will tell.
 
Tesla is a status symbol. The BMW from 20 years ago. Different thing IMHO. BMW and Mercedes never did well entering the low cost market. I advise against it.
They’re already low cost at the entry level. They have a $35k model. Heck in the time I’ve owned a Tesla(just over 2 years now) the insults have drastically changed. It went from “no one can afford those fancy expensive electric cars” to “for the same price of those today with the price cuts you could buy (insert car here) and now you’re stuck with the depreciation”.

I just don’t get it anymore.
 
They’re already low cost at the entry level. They have a $35k model. Heck in the time I’ve owned a Tesla(just over 2 years now) the insults have drastically changed. It went from “no one can afford those fancy expensive electric cars” to “for the same price of those today with the price cuts you could buy (insert car here) and now you’re stuck with the depreciation”.

I just don’t get it anymore.
Don't worry @Torrid. Teslas are only for rich California granola heads. They will be belly up any day now.

Mark my words. Oh, and "Wait till the Big boys get in!"
 
Don't worry @Torrid. Teslas are only for rich California granola heads. They will be belly up any day now.

Mark my words. Oh, and "Wait till the Big boys get in!"
BYD is the big boy. They have been told to stay home.

1/2 of median household income for a compact car isn't low cost by any measure. Perhaps there are no low cost cars anymore.
 
Don't worry @Torrid. Teslas are only for rich California granola heads. They will be belly up any day now.

Mark my words. Oh, and "Wait till the Big boys get in!"
Before I bought my Tesla I’d always tell my wife we were taking her California Camry when we go to Madison since it would blend in there.
 
BYD is the big boy. They have been told to stay home.

1/2 of median household income for a compact car isn't low cost by any measure. Perhaps there are no low cost cars anymore.
There aren’t. A base Jetta is $23k and there’s not really anything low cost these days. I don’t think $35k is cheap for a car, but it’s far lower than the average sales price in the US currently. The average sales price is currently higher than the median income in my area. I don’t know who’s buying these cars to be honest.
 
There aren’t. A base Jetta is $23k and there’s not really anything low cost these days. I don’t think $35k is cheap for a car, but it’s far lower than the average sales price in the US currently. The average sales price is currently higher than the median income in my area. I don’t know who’s buying these cars to be honest.
EV's grew very little last year . from like 7.4% share to 8% share. . Tesla sales actually shrunk for the first time. On a total vehicle market of 15.9M sales and growing. So EV"s are still a small fraction.

If they truly were transformational they should be growing exponentially. Like smart phone sales. or LED TV's. The tech they replaced pretty much vanished. Not meaning people threw away their old CRT TV. But when it was time for a new one, there was no debate.

Us nerds can weigh the pro's and cons, but most people wish to go from A to B. For EV's to take over, we will need $19K EV'.s Or $8 gas. Or government can mandate ICE illegal, like R12 AC systems.

Otherwise there still just a car. Or a status symbol for some.
 
EV's grew very little last year . from like 7.4% share to 8% share. . Tesla sales actually shrunk for the first time. On a total vehicle market of 15.9M sales and growing. So EV"s are still a small fraction.

If they truly were transformational they should be growing exponentially. Like smart phone sales. or LED TV's. The tech they replaced pretty much vanished. Not meaning people threw away their old CRT TV. But when it was time for a new one, there was no debate.

Us nerds can weigh the pro's and cons, but most people wish to go from A to B. For EV's to take over, we will need $19K EV'.s Or $8 gas. Or government can mandate ICE illegal, like R12 AC systems.

Otherwise there still just a car. Or a status symbol for some.
$35k status symbols still makes me laugh.
 
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