Global EV Sales Crash As Drivers Pump The Brakes On Going Electric

[rangerrebew]

Global EV Sales Crash As Drivers Pump The Brakes On Going Electric
by Jonathan Chadwick  Nov 1, 2024 

Electric vehicles (EVs) have been touted as an environmentally-friendly solution to the climate crisis, giving passengers a smooth, emissions-free ride. [emphasis, links added]

But it seems the electric revolution – deemed essential to curb carbon emissions – is running out of road.


MailOnline’s graph [below] reveals that global EV sales have slumped in recent months for three top manufacturers, as the public struggles to fall in love with the technology.

Despite growing steam long-term, Elon Musk’s Tesla saw quarterly EV sales fall from a peak of 484,500 in Q4 2023 to just 386,800 in the first quarter of 2024.

https://climatechangedispatch.com/global-ev-sales-crash-as-drivers-pump-the-brakes-on-going-electric/

[IsailedawayfromFR]

Send this one to our resident leftist on this forum who believes EV sales are taking off, popular as hell and will never diminish

[banddag]

Despite growing steam long-term, Elon Musk’s Tesla saw quarterly EV sales fall from a peak of 484,500 in Q4 2023 to just 386,800 in the first quarter of 2024.

Why does Jonathan not post Q2, and Q3 stats??????????????????????????????????????????????????

Here are some of Tesla's sales and production numbers for 2024:
Q1 2024
Tesla produced 433,371 vehicles and delivered 386,810. The Model 3 and Y were the most popular models.
Q2 2024
Tesla produced 410,831 vehicles and delivered almost 444,000. The Model 3 and Y were again the most popular models.
Q3 2024
Tesla produced 469,796 vehicles and delivered 462,890. This was a 9.1% increase in production and a 6.3% increase in deliveries from the same period in 2023

@rangerrebew

@IsailedawayfromFR

[banddag]

Elon Musk has given $120 billion so far to Trump.

If you think Trump is going to be anti ev you are delusional.

Trump can be  bought.

Trump was against  TikTok until he found out one of his largest donors, Jeffrey Yass, owned a quarter off Tik Tok, Now Trumpis all for tiktok.

[banddag]

Send this one to our resident leftist on this forum who believes EV sales are taking off, popular as hell and will never diminish

Here are some of Tesla's sales and production numbers for 2024:
Q1 2024
Tesla produced 433,371 vehicles and delivered 386,810. The Model 3 and Y were the most popular models.
Q2 2024
Tesla produced 410,831 vehicles and delivered almost 444,000. The Model 3 and Y were again the most popular models.
Q3 2024
Tesla produced 469,796 vehicles and delivered 462,890. This was a 9.1% increase in production and a 6.3% increase in deliveries from the same period in 2023



@IsailedawayfromFR

[banddag]

From the article:

Meanwhile, Chinese car manufacturer BYD – the world’s largest seller of electric vehicles – saw global EV sales crash earlier this year.




But but but

https://electrek.co/2024/09/02/byd-tops-1-million-ev-sales-2024-after-record-august/


BYD just hit the 1 million EV sales mark for 2024 after a record-breaking August

[banddag]

https://www.carscoops.com/2024/10/elon-musk-predicts-tesla-sales-going-up-to-30-percent-next-year-giving-a-nice-boost-to-share-prices/

Musk predicts 30% growth in 2025 due to new cheaper models and longer range

[corbe]

   Carlos T, CEO of Stellantis cast his American Division (RAM, Chrysler, Jeep and Dodge) against this evil wind of Gov subsidies and LOST big time.   
   Will MOPAR ever recover?

[Hoodat]

Here are some of Tesla's sales and production numbers for 2024:
Q1 2024
Tesla produced 433,371 vehicles and delivered 386,810. The Model 3 and Y were the most popular models.
Q2 2024
Tesla produced 410,831 vehicles and delivered almost 444,000. The Model 3 and Y were again the most popular models.
Q3 2024
Tesla produced 469,796 vehicles and delivered 462,890. This was a 9.1% increase in production and a 6.3% increase in deliveries from the same period in 2023

@IsailedawayfromFR

So now we're discarding the term "sold" and replacing it with the word "delivered"?  Isn't that dishonest?

[Smokin Joe]

All I know is that despite retread's claims of high numbers, the registrations of EVs in my state are less than a tenth of a percent. (fewer than one vehicle in a thousand, for the numerically impaired). They are not suitable for this climate, because we buy vehicles to get us through the worst weather, not the sunshiney days when it is warm out. It is a matter of life or death.

[Wingnut]

Go EV. Die by the EV. 

[Hoodat]

Ford Reports $1.2 Billion Loss On Electric Vehicles In Q3 Amid Struggling EV Market

Leslie Bolden  •  11h

Ford Motor Company recorded a $1.2 billion loss on electric vehicles (EV) in the third quarter of 2024, as announced in a press release Monday. The automaker’s net income also dropped to $0.9 billion, down by $300 million from the same period last year, primarily due to a $1 billion EV-related charge.

Ford’s full-year earnings before interest and taxes (EBIT) are expected to reach about $9 billion from its Ford Pro commercial vehicle division, while its EV segment, Model e, is projected to close the year with a $5 billion loss.

“We are in a strong position with Ford+ as our industry undergoes a sweeping transformation,” said Ford President and CEO Jim Farley. “We have made strategic decisions and taken the tough actions to create advantages for Ford versus the competition in key areas like Ford Pro, international operations, software and next-generation electric vehicles. Importantly, over time, we have significant financial upside as we bend the curve on cost and quality, a key focus of our team.”

Despite ongoing challenges in the EV market, Ford has been working to boost EV sales, offering incentives such as free EV chargers and home installations. Ford’s total EV losses for 2023 have reached $4.7 billion.

The automaker previously reported a $1.3 billion loss in Q1 and canceled plans for three-row electric SUVs in August.  .  .  .

https://www.msn.com/en-us/money/companies/ford-reports-12-billion-loss-on-electric-vehicles-in-q3-amid-struggling-ev-market/ar-AA1t8ZeD

[IsailedawayfromFR]

So now we're discarding the term "sold" and replacing it with the word "delivered"?  Isn't that dishonest?

Delivered but stacked

[banddag]

The automaker previously reported a $1.3 billion loss in Q1
[/quote]

It took Tesla 17 years to make a profit. The billions lost by Ford is the startup cost for making evs- the r&d, new factories, new battery plants etc

[banddag]

Delivered but stacked

You know nothing about that photo. That appears to be the factory parking lot waiting to be  picked up and delivered to their destination

@IsailedawayfromFR

[corbe]

   Hey @banddag Do you believe Elon is sincere when he states Tesla doesn't need Gov Subsidies?

[banddag]

So now we're discarding the term "sold" and replacing it with the word "delivered"?  Isn't that dishonest?

When Tesla says delivered that means SOLD. Most Teslas are sold via online and icked up at a dealer.


From Jalopnik
In Q1 2024, Tesla reported that it made 433,371 vehicles. Of those, 386,810 were actually sold. This means the automaker has an extra 46,561 vehicles it didn’t sell.

Most of those that did not sell q1 sold in q2 when Tesla made 410,000 but delivered 444,000

@Hoodat

[banddag]

All I know is that despite retread's claims of high numbers, the registrations of EVs in my state are less than a tenth of a percent. (fewer than one vehicle in a thousand, for the numerically impaired). They are not suitable for this climate, because we buy vehicles to get us through the worst weather, not the sunshiney days when it is warm out. It is a matter of life or death.

So what?  It's total ev sales which is growing each quarter and every year. The heat/cold issue is being addressed 24/7. You make it sound like a permanent issue.

@Smokin Joe

[Smokin Joe]

So what?  It's total ev sales which is growing each quarter and every year. The heat/cold issue is being addressed 24/7. You make it sound like a permanent issue.

@Smokin Joe

Let's put it this way. Dead is permanent. No bleep way I'd put a tourist, much less any of my friends or family in one of those things for a trip to the next big town in any month with an 'r' out here. When you get one of those things that can travel coast to coast, or at least 700 miles without a recharge, maybe I'd consider it.

[banddag]

When you get one of those things that can travel coast to coast, or at least 700 miles without a recharge, maybe I'd consider it.

The Lucid ev has a range of 516 miles. Tesla  Model S 405 miles. Ev ranges are growing every year. Toyota claims their 2026 ev will have 600 mile range and charge from 10-to 80% in 20 minutes or less.

The Texas instrument calculator of the late 1970's you may have used in HS had more computer power than the first Apollo moon mission;

https://fleetworld.co.uk/toyotas-future-evs-to-have-600-mile-range-from-2026/#:~:text=Its%20forthcoming%20BEV%2C%20to%20be,of%2020%20minutes%20or%20less.

@Smokin Joe

[Smokin Joe]

The Lucid ev has a range of 516 miles. Tesla  Model S 405 miles. Ev ranges are growing every year. Toyota claims their 2026 ev will have 600 mile range and charge from 10-to 80% in 20 minutes or less.

The Texas instrument calculator of the late 1970's you may have used in HS had more computer power than the first Apollo moon mission;

https://fleetworld.co.uk/toyotas-future-evs-to-have-600-mile-range-from-2026/#:~:text=Its%20forthcoming%20BEV%2C%20to%20be,of%2020%20minutes%20or%20less.

@Smokin Joe

Dont't hand me bullshit warm weather flat ground ranges. People who believe that nonsense will die. Let's talk in -30 weather, 20 MPH headwind, blowing snow, busting difts and running the cabin heater, with the lights on (because there are only 8 hours of daylight at this latitude in winter). That (and worse) is the sort of weather we require vehicles to function in. Anything less is nothing. We're not diddy bopping down the Cali coast in the summertime.

Your calculator comment is a non sequitur, and I took college chemistry without one. There was one guy in the class who had an HP brick (a little larger than a brick, but about as heavy) that would add, subtract, multiply, and divide. The TIs didn't really become useful until my junior year of college, and I have bought running cars cheaper.

[banddag]

I have told you numerous times when you give that example I agree ev's are not applicable for every condition or locale. They do work fine for the majority of the country. One day they will be developed to work in your part of the country.

@Smokin Joe

[corbe]

[Smokin Joe]

I have told you numerous times when you give that example I agree ev's are not applicable for every condition or locale. They do work fine for the majority of the country. One day they will be developed to work in your part of the country.

@Smokin Joe

Free beer tomorrow. I'm still waiting on my flying car...

[Hoodat]

From Jalopnik
In Q1 2024, Tesla reported that it made 433,371 vehicles. Of those, 386,810 were actually sold.

Which is an 8.5% decline from vehicles "delivered" in 2023, @banddag

And speaking of Jalopnik:


EV Subsidies Have Already Cost The U.S. $2 Billion This Year

Owen Bellwood  |  October 2, 2024

America’s pivot to electric vehicles has had a rocky few months, with hesitant consumers reluctant to shell out the premium EVs command and hybrid models somewhat stealing the sector’s thunder. Now, a report has calculated just how much the U.S. government has spent encouraging people to go electric and it’s an awful lot.

Tax breaks are available for many people considering an electric vehicle through the Inflation Reduction Act, which offers a $7,500 rebate on EVs that meet a few strict criteria. Now, Automotive News reports that more than 250,000 tax credits have now been cashed in by buyers, costing the U.S. government more than $2 billion, as the site explains:

The U.S. government has issued $2 billion in advance point-of-sale consumer EV tax credit payments since Jan. 1 covering more than 300,000 vehicles, the Treasury said Oct. 1.

Since new rules took effect this year allowing for consumers to take advantage of EV tax credits worth up to $7,500 at the point of sale, more than 250,000 tax credits have been issued for new EVs and around 50,000 for used models that carry up to $4,000 rebates.

Nearly all involve transferring the credit to a car dealer at the time of purchase resulting in a significant rebate.

https://jalopnik.com/ev-subsidies-have-already-cost-the-u-s-2-billion-this-1851662875


So again I ask the question:  Why should American blue collar workers pay out money (at the point of a gun) so that outrageously expensive cars that run on coal can cost less money for rich people to buy?