General EV Conversation
#2641
Lexus Fanatic
iTrader: (20)
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If this is a true statement, then the only automakers that may be considered huge companies are VW and Toyota, as those are the only two auto manufacturers that are significantly larger. BMW has a much higher market cap than either Ford or GM, and at $163B in annual revenue, is only about $10B behind them. It has 155k employees, about 10k less than GM, and 20k less than Ford.
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#2642
Lexus Champion
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I blame the nerd in me ![Smilie](https://www.clublexus.com/forums/images/smilies/smile.gif)
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The Strengths & Weaknesses of Induction vs Permanent Magnet
#2643
Instructor
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Plus, Teslas don't look a whole lot different on the outside - no visible exhaust (like, say, the e38 7-series), no front radiator openings (which might change in the future for certain more performance-oriented vehicles).
As for the weight - compare the i5' weight to the Genesis G80 EV version, which isn't a dedicated EV platform either. There's just something wrong with the i5, and it's not (imo :P ) just the interior. Perhaps they need a die shrink to stay competitive with AMD's offerings?
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#2644
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What kind of vehicle do you drive? I've owned 2021 Hyundai Kona EV and CarPlay there was the same as in my 2017 Ford Fusion. If I planned long trip I had to use built-in navi in order to see state of charge and estimated range, my CarPlay didn't offer such a possibility.
#2645
Pole Position
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What kind of vehicle do you drive? I've owned 2021 Hyundai Kona EV and CarPlay there was the same as in my 2017 Ford Fusion. If I planned long trip I had to use built-in navi in order to see state of charge and estimated range, my CarPlay didn't offer such a possibility.
#2646
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EV routing for CarPlay is a relatively recent feature, and it unfortunately doesn't work on all EVs. I have an F150 Lightning and an OTA update from Ford enabled the EV routing for CarPlay in late 2023. I don't know if Hyundai supports it yet, some BMW and Porsche vehicles do, as does the Mustang Mach E.
#2647
Pole Position
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#2648
Lexus Champion
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BEV adoption reaches ‘tipping point’ in 31 countries: Bloomberg
Tesla and other electric vehicle (EV) brands are becoming more popular around the world, and a recent report shows that several countries have surpassed a crucial EV adoption tipping point.Battery-electric vehicles (BEVs) have surpassed a tipping point of making up 5 percent of overall automotive sales in 31 countries, up from just 19 in 2022, according to data shared by Bloomberg last week. The report looks at 2023 BEV adoption across countries, as well as BEV sales trends from countries that surpassed the 5 percent mark just a few years ago.
Notably, the report points out that some of the BEV markets that have grown most quickly were in Southeast Asia and Eastern Europe, for the first time ever. Countries that surpassed this tipping point a few years earlier are now showing trends of BEV adoption trajectory between 5 and 25 percent, with some seeing this surge in less than four years.
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The data runs through the fourth quarter of 2023, and Bloomberg says that the 5 percent milestone is significant because it means BEV adoption is transitioning from an “early-adopter” phase to hooking into a wave of mainstream acceptance. Early barriers, including general consumer ambivalence, lacking infrastructure, and cost, play a major role in this transitional period, and reaching 5 percent indicates that these barriers are flattening.
“Once enough sales occur, you kind of have a virtuous cycle,” said Corey Cantor, an EV analyst at BloombergNEF. “More EVs popping up means more people seeing them as mainstream, automakers more willing to invest in the market, and the charging infrastructure expanding on a good trajectory.”
Norway, Iceland and Denmark led the BEV market share charts in Q4, with Sweden and Finland following behind. While each of these countries reached the 5 percent tipping point several years ago, others like Turkey, Thailand, Estonia and Bulgaria did so at some point last year. By comparison, BEVs surpassed this milestone in the U.S. in 2021, in Canada in 2022, and in China in 2020.
Globally, BEVs were at a 14.5 percent adoption rate in Q4, after surpassing the 5 percent tipping point about halfway through 2021.
Check out Bloomberg’s full list of BEV adoption rates by country below.
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The U.S. could become one of the first countries to take over three years to go from 5 percent to 25 percent this year, along with South Korea. However, if BEV adoption trends accelerate and follow some of the other countries included in the data, the country could at least reach the milestone by 2026—about five years after it surpassed the 5 percent mark.
https://www.teslarati.com/bevs-tipping-point-bloomberg/
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Mike728 (04-02-24)
#2650
Lexus Champion
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Even Tesla is struggling to sell cars right now, Q1 at least.
https://www.caranddriver.com/news/a6...KRHQQWi3qjTySD
https://www.caranddriver.com/news/a6...KRHQQWi3qjTySD
Last edited by AJT123; 04-02-24 at 12:18 PM.
#2651
Lexus Champion
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Even Tesla is struggling to sell cars right now, Q1 at least.
https://www.caranddriver.com/news/a6...KRHQQWi3qjTySD
https://www.caranddriver.com/news/a6...KRHQQWi3qjTySD
"Year-over-year price declines accelerated in January according to the report, as dealers and automakers pulled the discount lever in an effort to maintain the new-vehicle sales pace. Despite lower prices, the seasonally adjusted annual rate (SAAR), or sales pace, was 15.0 million in January 2024, down from 16.1 million in December 2023 and below the 15.1 million recorded one year ago in January 2023"
https://www.coxautoinc.com/market-in...January%202023.
Lets not be selective LOL 🤣
#2652
Lexus Champion
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3.5% down that's a blip compared to Tesla and BYD.
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AMIRZA786 (04-02-24)
#2653
Lexus Champion
#2654
Lexus Champion
#2655
Lexus Champion
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Imagine if 1.1 Million people were killed vanished from the world in one year. That's 0.1282051282 Percent of the population. Raw numbers matter. And the reason it matters is it shows less cars are being sold collectively, although it does hurt EV's more, as they are already a smaller percentage of overall sales shrinking their numbers more
Last edited by AMIRZA786; 04-02-24 at 01:26 PM.