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On 6/23/2024 at 11:43 PM, notsonice said:

it is inevitable that cheap, under $15,000 Compact EVs will be on the market in the US ...and AWD SUV EVs for under $35,000 and they will compete head on to the existing ICE vehicles and the way BYD is heading , they will be cheaper than their counterpart ICE vehicles......

 

less parts ....according to Tesla, their drivetrain only has about 17 moving parts compared to the 200 or so in a typical drivetrain for an internal combustion engine (ICE)> Vehicle simplicity coupled with low purchase/operating cost will win as it now is happening in China

The reason that EVs in China are now 50 percent of the market is price price price...Two years from now in China.......my bet 90 percent EVS/plugins

how does the US  get there???? It is not unreasonable where BYD will set up shop in the US with or without union labor........All they have to do is start a business in the US , issue stock on the NYSE, do a public offering and issue stock to its existing shareholders in exchange for funding...

Number one problem in the US......Tesla is too expensive and their cyber truck????????????? People like the style of existing ICE pickup trucks...not a stretch to have low priced pickups (as once existed in the US) with an battery pack/electric motor

 

Rome was not built in a day

 

The US will welcome inexpensive EVs and Plug in hybrids  just so they are made in America .............Clunkers are doomed

as for China's economy...............too many empty apartments .....not enough people to fill them

 

.the Answer in China....allow for mass immigration from ha ha ha India and the poor countries of the world

China is a very racist country, based on what I have read. China is ruled by Han Chinese and the other groups of conquered nations are looked down upon. Correct me if you can, I would like to think otherwise. Yes they should allow legal immigration either for workers or for full citizenship. That is only logical for any nation that is losing population and is not already overpopulated IMHO. 

.

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59 minutes ago, Ron Wagner said:

China is a very racist country, based on what I have read. China is ruled by Han Chinese and the other groups of conquered nations are looked down upon. Correct me if you can, I would like to think otherwise. Yes they should allow legal immigration either for workers or for full citizenship. That is only logical for any nation that is losing population and is not already overpopulated IMHO. 

.

China is a very racist country???

I do not know....just know they are building Inexpensive (cheap??? do not know if the quality is bad so I would not call them cheap or tinney) affordable EVs and plug in hybrids for the masses that are less cost than ICE vehicles 

 

The Chinese are ruthless competitors ....they obviously have no problems in being capitalistic when they need to wipe out their competition and Iron handed in ruling their own when it suits their political needs

 

as for their population decline...it is a lessen we know that bringing in immigrants grows the economy over a long term as The US has experienced from 1600 to now.......Having a country shrink in population.........??????  good luck to China as I believe without growth you stagnant  IE Italy and Japan and your younger people want to then leave for more energetic places to live...Who wants to live in a place with nothing but old people??????? changing adult diapers is not a career opportunity

 

look at Texas...it thrives and its populatiion is booming and  has the makeup that is distinctly 50 - 50 US/Mexican all due to its influx from south of the border or the influx from north of Texas...a booming place with booming inflows from all parts..Is Texas racist???do not know but my guess is actually no it is just a perception non Texas make up

Hispanic Texans are estimated to be the state's largest demographic group. Hispanic residents accounted for 40.2% of the state's population in 2021, while non-Hispanic white residents accounted for 39.4%, according to estimates from the U.S. Census Bureau.Sep 15, 2022

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22 hours ago, notsonice said:

China is a very racist country???

I do not know....just know they are building Inexpensive (cheap??? do not know if the quality is bad so I would not call them cheap or tinney) affordable EVs and plug in hybrids for the masses that are less cost than ICE vehicles 

 

The Chinese are ruthless competitors ....they obviously have no problems in being capitalistic when they need to wipe out their competition and Iron handed in ruling their own when it suits their political needs

 

as for their population decline...it is a lessen we know that bringing in immigrants grows the economy over a long term as The US has experienced from 1600 to now.......Having a country shrink in population.........??????  good luck to China as I believe without growth you stagnant  IE Italy and Japan and your younger people want to then leave for more energetic places to live...Who wants to live in a place with nothing but old people??????? changing adult diapers is not a career opportunity

 

look at Texas...it thrives and its populatiion is booming and  has the makeup that is distinctly 50 - 50 US/Mexican all due to its influx from south of the border or the influx from north of Texas...a booming place with booming inflows from all parts..Is Texas racist???do not know but my guess is actually no it is just a perception non Texas make up

Hispanic Texans are estimated to be the state's largest demographic group. Hispanic residents accounted for 40.2% of the state's population in 2021, while non-Hispanic white residents accounted for 39.4%, according to estimates from the U.S. Census Bureau.Sep 15, 2022

So which Chinese EV have you purchased and drive around in?

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3 hours ago, Ecocharger said:

Which EV did you choose for yourself?

 
 

.

 
Which EV did you choose for yourself? 
 
I drive a plugin hybrid.....is that okay with you??????.....I looked at buying an EV this last year, specifically a VW ID4.....but the battery has crappy protection. I detailed this in a few posts with Ron.  I do not drive much...3000 to 4000 miles a year ...30 miles a day at most. ......In the last year I did buy 15 gallons of gas, I took a trip of over 100 miles one day ...90 percent of the fuel used is my car is electricity from plugging in  ...Is this too much for you..........?????? Over the years I actually worked on reducing my driving as I do not think it is very healthy to be on the road breathing in crap.   I value having healthy lungs and a healthy heart. 
 
And You ???? let me guess ...from your posts you really could care less about the earth, the water , the air we breath etc........I take it you love crappy clunkers. Your posts indicate that you do not believe what is in the air we breathe effects ones health. To me ,  Its Okay that you live in denial as a Luddite ...as  your health  is not my problem 
 
I am glad for the most part that people are not like you these days as it would be really depressing if you and the rest of the Luddites were in the majority. Thank God you are not and the world is embracing change to help reduce what we all have been doing to the atmosphere, the waters and the lands in the past 200 years.. ....
 
 It seems you are quite bothered with people  who are changing how they get around to reduce pollution.  ...So please tells us all about yourself..........go for it . Tell us all about what it is like to be a Luddite.
 
 
 
 
 
and please  tell us what you are driving ......let me guess a 20 year old piece of shit clunker 
 
 
 
Edited by notsonice
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Funny, in the States they're slapping a 100% tariff on EVs coming in from China, and in Europe they will probably shortly introduce similar - but mercifully smaller - tariffs. Ultimately it's the driver of an EV who subsidizes .. well, whoever the government wants to redistribute his money to.

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https://www.theepochtimes.com/china/china-made-evs-hit-with-additional-eu-tariffs-5680229

China-Made EVs Hit With Additional EU Tariffs

Tariffs of up to 37.6 percent on Chinese-manufactured electric vehicles go into effect July 5, initially for four months, but that could be extended into years.
 

China-Made EVs Hit With Additional EU Tariffs A BYD 07 EV model electric car is displayed at the Beijing Auto Show in China on April 25, 2024. (Pedro Pardo/AFP via Getty Images)

 

Mary Man

By Dorothy Li and Mary Man
7/4/2024Updated:7/4/2024
Print
X 1
0:00
 
 
 
 

Brussels announced on July 4 that companies that manufacture electric vehicles (EVs) in China will be subjected to additional tariffs when their products are exported into the European Union market.

Tariffs of up to 37.6 percent on China-manufactured EVs will be imposed by all member states starting July 5. The decision is binding and will initially apply for four months, after which it may be extended for years.

The move results from a months-long investigation by the EU’s Executive Commission, which found that China’s EV makers benefit from “unfair ”state subsidies and pose a “threat of economic injury” to its homegrown auto business, the commission said in a statement on July 4.
 
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The EU had agreed to hold talks with Beijing over the bloc’s tariff plans, which were first unveiled on June 12. The EU’s trade commissioner, Valdis Dombrovskis, and China’s commerce minister, Wang Wentao, held their first meeting on June 22.
“The EU side emphasized that any negotiated outcome to its investigation must be effective in addressing the injurious subsidization,” the European Commission’s trade spokesperson, Olof Gill, said in a statement after that meeting.

Brussels reiterated that message on July 4 in its statement, saying that its technical talks with Beijing would continue with “a view to reaching a WTO-compatible solution,” which should “adequately” address its concerns.

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The provisional duties on Chinese EVs are almost identical to the plans released last month. The commission said it slightly decreased some rates based on “comments on the accuracy of the calculations submitted by interested parties.”

According to the decision published in the EU’s Official Journal, the highest tariffs will be imposed on SAIC Group, a Chinese state-owned carmaker, at 37.6 percent. Duties apply to other Chinese carmakers also vary, with Geely facing duties of 19.9 percent and BYD at 17.4 percent.

The measures will also affect Western companies that manufacture EVs in China, such as Tesla, which has a gigafactory in Shanghai. The U.S. giant carmaker, along with BMW and other carmakers deemed by the EU as cooperating in its probe, will be subjected to a 21 percent duty, while automakers that did not cooperate will be subject to a higher duty of 38.1 percent, according to the Official Journal.

The EU’s ongoing investigation on Chinese-made EVs is expected to continue for almost four additional months.

Following this period, the Executive Commission could propose the imposition of definitive duties, which typically remain in effect for five years, if the plan is supported by the majority of the bloc’s 27 member states in November’s vote.

‘Deglobalizing’

The Chinese regime has pledged to take “all necessary measures” to “firmly” defend its rights and interests.
On June 17, for example, China’s commerce ministry initiated an anti-dumping investigation into pork imported from the EU.
 
Story continues below advertisement
 
 
In January, Beijing opened an anti-dumping investigation into European brandy, particularly French cognac. The move was seen as retaliation for Brussels’s scrutiny of Chinese subsidies for EVs and medical devices.
 

Electric cars for export are waiting to be loaded on the "BYD Explorer NO.1," a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong Province, on Jan. 10, 2024. (STR/AFP via Getty Images) Electric cars for export are waiting to be loaded on the "BYD Explorer NO.1," a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong Province, on Jan. 10, 2024. (STR/AFP via Getty Images)

Some analysts say Beijing’s retaliatory moves are intended to pressure Brussels into softening its stance.

“China is using whatever levers it has to push the EU into moderating its stance. That is all part of the strategic competition,” said Erik Jones, director of the Robert Schuman Centre for Advanced Studies at the European University Institute based in Italy.

“The news about Chinese dumping investigations into EU pork exports is just the latest illustration,” he recently told The Epoch Times.

Mr. Jones said that Beijing’s retaliation could only intensify tensions with the EU, and Brussels will continue its course of “derisking.”

“Every tit-for-tat episode gets added to the overall tension in the relationship,” Mr. Jones continued, adding, “I expect this kind of dynamic to increase and not decrease over the coming months and years.”

Brussels’ decision came after U.S. President Joe Biden announced the imposition of 100 percent duties on EVs shipped from China—a fourfold increase from the previous 25 percent duty—ahead of November’s election.
 
Story continues below advertisement
 
 

No matter who controls the White House, Mr. Jones said the underlying structure of the EU–China relationship will “remain on the same trajectory we see today—toward more strategic competition and so also toward more ‘derisking.'”

“The world is ‘deglobalizing,’ even if that trend is still not showing up in the trade and investment data,” he concluded.

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18 hours ago, jonathb said:

Funny, in the States they're slapping a 100% tariff on EVs coming in from China, and in Europe they will probably shortly introduce similar - but mercifully smaller - tariffs. Ultimately it's the driver of an EV who subsidizes .. well, whoever the government wants to redistribute his money to.

If a foreign government subsidizes their own industry, with the ultimate goal to squash the industry in your country where they export to, your can do two things.

1. Start subsidizing your own industry (e.g., "Invest in America Act").

2. Start putting tariffs on the imports from that foreign government.

The first option means that every tax payer in the country is subsidizing an industry. It also won't make your own industry internationally very competitive, because third countries will start taxing your exports again. The good thing is that it creates jobs. However, does the USA need more jobs? Maybe locally, but in many places, there are already too few hands to do the work.

The second option only affects the buyers of the product that is being dumped. The general tax payer is better off. Be it solar panels or cars, China has seen tariffs on them. What this policy might do is to force the foreign entity to start producing in your country. You get all the benefits of option 1, without spending tax money on subsidies. Tariffs trump subsidies any day: the WTO agrees with this view. 

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3 hours ago, Ron Wagner said:

https://www.theepochtimes.com/china/china-made-evs-hit-with-additional-eu-tariffs-5680229

China-Made EVs Hit With Additional EU Tariffs

Tariffs of up to 37.6 percent on Chinese-manufactured electric vehicles go into effect July 5, initially for four months, but that could be extended into years.

 

China-Made EVs Hit With Additional EU Tariffs A BYD 07 EV model electric car is displayed at the Beijing Auto Show in China on April 25, 2024. (Pedro Pardo/AFP via Getty Images)

 

Mary Man

By Dorothy Li and Mary Man
7/4/2024Updated:7/4/2024
Print
X 1
 
0:00
 
 
 
 
 

Brussels announced on July 4 that companies that manufacture electric vehicles (EVs) in China will be subjected to additional tariffs when their products are exported into the European Union market.

Tariffs of up to 37.6 percent on China-manufactured EVs will be imposed by all member states starting July 5. The decision is binding and will initially apply for four months, after which it may be extended for years.

The move results from a months-long investigation by the EU’s Executive Commission, which found that China’s EV makers benefit from “unfair ”state subsidies and pose a “threat of economic injury” to its homegrown auto business, the commission said in a statement on July 4.
 
Story continues below advertisement
 
 
The EU had agreed to hold talks with Beijing over the bloc’s tariff plans, which were first unveiled on June 12. The EU’s trade commissioner, Valdis Dombrovskis, and China’s commerce minister, Wang Wentao, held their first meeting on June 22.
“The EU side emphasized that any negotiated outcome to its investigation must be effective in addressing the injurious subsidization,” the European Commission’s trade spokesperson, Olof Gill, said in a statement after that meeting.

Brussels reiterated that message on July 4 in its statement, saying that its technical talks with Beijing would continue with “a view to reaching a WTO-compatible solution,” which should “adequately” address its concerns.

EU ‘Not Worried’ About China’s Anti-Dumping Investigation Into Its Pork

Biden Sharply Raises Tariffs on Chinese EVs, Steel, Solar Cells

The provisional duties on Chinese EVs are almost identical to the plans released last month. The commission said it slightly decreased some rates based on “comments on the accuracy of the calculations submitted by interested parties.”

According to the decision published in the EU’s Official Journal, the highest tariffs will be imposed on SAIC Group, a Chinese state-owned carmaker, at 37.6 percent. Duties apply to other Chinese carmakers also vary, with Geely facing duties of 19.9 percent and BYD at 17.4 percent.

The measures will also affect Western companies that manufacture EVs in China, such as Tesla, which has a gigafactory in Shanghai. The U.S. giant carmaker, along with BMW and other carmakers deemed by the EU as cooperating in its probe, will be subjected to a 21 percent duty, while automakers that did not cooperate will be subject to a higher duty of 38.1 percent, according to the Official Journal.

The EU’s ongoing investigation on Chinese-made EVs is expected to continue for almost four additional months.

Following this period, the Executive Commission could propose the imposition of definitive duties, which typically remain in effect for five years, if the plan is supported by the majority of the bloc’s 27 member states in November’s vote.

‘Deglobalizing’

The Chinese regime has pledged to take “all necessary measures” to “firmly” defend its rights and interests.
On June 17, for example, China’s commerce ministry initiated an anti-dumping investigation into pork imported from the EU.
 
Story continues below advertisement
 
 
In January, Beijing opened an anti-dumping investigation into European brandy, particularly French cognac. The move was seen as retaliation for Brussels’s scrutiny of Chinese subsidies for EVs and medical devices.
 

Electric cars for export are waiting to be loaded on the "BYD Explorer NO.1," a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong Province, on Jan. 10, 2024. (STR/AFP via Getty Images) Electric cars for export are waiting to be loaded on the "BYD Explorer NO.1," a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong Province, on Jan. 10, 2024. (STR/AFP via Getty Images)

Some analysts say Beijing’s retaliatory moves are intended to pressure Brussels into softening its stance.

“China is using whatever levers it has to push the EU into moderating its stance. That is all part of the strategic competition,” said Erik Jones, director of the Robert Schuman Centre for Advanced Studies at the European University Institute based in Italy.

“The news about Chinese dumping investigations into EU pork exports is just the latest illustration,” he recently told The Epoch Times.

Mr. Jones said that Beijing’s retaliation could only intensify tensions with the EU, and Brussels will continue its course of “derisking.”

“Every tit-for-tat episode gets added to the overall tension in the relationship,” Mr. Jones continued, adding, “I expect this kind of dynamic to increase and not decrease over the coming months and years.”

Brussels’ decision came after U.S. President Joe Biden announced the imposition of 100 percent duties on EVs shipped from China—a fourfold increase from the previous 25 percent duty—ahead of November’s election.
 
Story continues below advertisement
 
 

No matter who controls the White House, Mr. Jones said the underlying structure of the EU–China relationship will “remain on the same trajectory we see today—toward more strategic competition and so also toward more ‘derisking.'”

“The world is ‘deglobalizing,’ even if that trend is still not showing up in the trade and investment data,” he concluded.

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Ron only 2 years ago the likes of Eco and Eyes were saying the only reason EV's were selling is due to the incentives on those vehicles, and sales were being propped up by them and when they went sales would crash. Well we did see a slow down for a couple of months but tech moves on and now EV's are cheaper than their ICE equivalent and now we see protectionism in the EU and surely we will see it in the US as well.

So much for free market forces!

A brand new BYD EV for $10K! Even Romania's Dacia are making them for $18K, surely the average American can afford these?

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(edited)

15 hours ago, Rob Plant said:

Ron only 2 years ago the likes of Eco and Eyes were saying the only reason EV's were selling is due to the incentives on those vehicles, and sales were being propped up by them and when they went sales would crash. Well we did see a slow down for a couple of months but tech moves on and now EV's are cheaper than their ICE equivalent and now we see protectionism in the EU and surely we will see it in the US as well.

So much for free market forces!

A brand new BYD EV for $10K! Even Romania's Dacia are making them for $18K, surely the average American can afford these?

Expectations are that EV sales will show a YoY decline this coming period. Sad story,

EVs as a solution to anything is going the way of the dodo bird.

https://www.goldmansachs.com/intelligence/pages/why-are-ev-sales-slowing.html

"We believe there are three main factors blunting EV penetration. For one, we’re seeing rising concerns around EV capital costs due to lower prices being realized for used EVs. In the UK, for example, EV used car prices have fallen sharply in recent months. Two, uncertainty around a number of elections this year has decreased visibility on potential changes to government policies affecting the EV industry.

The third and final concern is around a shortage of rapid-charging stations. As EV penetration accelerates, rapid charging station infrastructure issues have emerged as a tangible problem. Several automakers have said that concerns about driving range and charging infrastructure are increasing. These issues may lead consumers to have second thoughts about buying an EV.

We think our bear scenario calling for a year-over-year decline in EV sales volume in 2024 has become more realistic given the three negative factors outlined above. We previously suggested that EV penetration could vary considerably under various conditions. Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. But under our bear-case scenario, we see EV sales volume declining 2% year-over-year, and negative growth would likely result in oversupply across the EV supply chain."

Edited by Ecocharger
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16 minutes ago, Ecocharger said:

Expectations are that EV sales will show a YoY decline this coming period. Sad story,

EVs as a solution to anything is going the way of the dodo bird.

https://www.goldmansachs.com/intelligence/pages/why-are-ev-sales-slowing.html

"We believe there are three main factors blunting EV penetration. For one, we’re seeing rising concerns around EV capital costs due to lower prices being realized for used EVs. In the UK, for example, EV used car prices have fallen sharply in recent months. Two, uncertainty around a number of elections this year has decreased visibility on potential changes to government policies affecting the EV industry.

The third and final concern is around a shortage of rapid-charging stations. As EV penetration accelerates, rapid charging station infrastructure issues have emerged as a tangible problem. Several automakers have said that concerns about driving range and charging infrastructure are increasing. These issues may lead consumers to have second thoughts about buying an EV.

We think our bear scenario calling for a year-over-year decline in EV sales volume in 2024 has become more realistic given the three negative factors outlined above. We previously suggested that EV penetration could vary considerably under various conditions. Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. But under our bear-case scenario, we see EV sales volume declining 2% year-over-year, and negative growth would likely result in oversupply across the EV supply chain."

thanks the reality is GS is still holding to

Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. 

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1 hour ago, Ecocharger said:

The rapid fall of the market for second hand EVs means that the demand for those things is cratering and fast.

No one will buy a new EV if its value collapses in a short time.

By the way, how do you like your own EV? Is it still working or has it already broken down?

What's that you say, it has already been scrapped? Just another piece of EV junk, eh?

lots of BS babble out of you......

I posted the articles that once again prove you are babbling BS

when you have something that  shows EV sales have cratered please post the articles

until then, Luddite, enjoy the boom in EV Sales  

 

PS I will repost the articles that were published in the last few days that support the fact that EV sales are booming just in case you did not read them all....

Edited by notsonice
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3 hours ago, notsonice said:

"We think our bear scenario calling for a year-over-year decline in EV sales volume in 2024 has become more realistic given the three negative factors outlined above. We previously suggested that EV penetration could vary considerably under various conditions. Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. But under our bear-case scenario, we see EV sales volume declining 2% year-over-year, and negative growth would likely result in oversupply across the EV supply chain."

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7 hours ago, notsonice said:

thanks the reality is GS is still holding to

Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. 

I guess the full quote was too much for you to handle?

"We think our bear scenario calling for a year-over-year decline in EV sales volume in 2024 has become more realistic given the three negative factors outlined above. We previously suggested that EV penetration could vary considerably under various conditions. Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. But under our bear-case scenario, we see EV sales volume declining 2% year-over-year, and negative growth would likely result in oversupply across the EV supply chain."

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1 hour ago, Ecocharger said:

"We think our bear scenario calling for a year-over-year decline in EV sales volume in 2024 has become more realistic given the three negative factors outlined above. We previously suggested that EV penetration could vary considerably under various conditions. Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. But under our bear-case scenario, we see EV sales volume declining 2% year-over-year, and negative growth would likely result in oversupply across the EV supply chain."

Your article uses data up to January of 2024.....

try to keep up Luddite

EVs Now 20% of World Auto Sales

Global plugin vehicle registrations were up 23% in May 2024 compared to May 2023. There were 1.3 million registrations. BEVs were up by 17% YoY, while plugin hybrids jumped 37% YoY.

 
Edited by notsonice

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China loves fossil fuel cars.

Fossil fuel cars rule, and will continue to rule.

New fossil fuel auto technology still comes forward.

https://oilprice.com/Energy/Crude-Oil/The-Future-May-Not-Be-As-Electric-as-We-Think.html

"Renault, China’s Geely, and Saudi Aramco are investing in new internal combustion engine technology.

Renault and Geely are opting for an alternative way to achieve it, through fuel efficiency and other tech advancements in internal combustion.

Affordability is one of the factors that make drivers loyal to the ICE technology."

"Xinhua reported earlier this week that the total number of cars on Chinese roads had reached 440 million at the end of June. Of these, the data showed, new energy vehicles had a share of 24.72 million. Of these, 18.13 million were plug-in electric vehicles—what we commonly call EVs, and the rest were hybrids. In percentage terms, then, EVs represent barely a 4.1% of the Chinese market. In other words, even in the world’s biggest EV market, with billions spent on charging infrastructure and making EVs dirt cheap, most drivers still prefer internal combustion vehicles."

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17 minutes ago, Ecocharger said:

China loves fossil fuel cars.

Fossil fuel cars rule, and will continue to rule.

New fossil fuel auto technology still comes forward.

https://oilprice.com/Energy/Crude-Oil/The-Future-May-Not-Be-As-Electric-as-We-Think.html

"Renault, China’s Geely, and Saudi Aramco are investing in new internal combustion engine technology.

Renault and Geely are opting for an alternative way to achieve it, through fuel efficiency and other tech advancements in internal combustion.

Affordability is one of the factors that make drivers loyal to the ICE technology."

"Xinhua reported earlier this week that the total number of cars on Chinese roads had reached 440 million at the end of June. Of these, the data showed, new energy vehicles had a share of 24.72 million. Of these, 18.13 million were plug-in electric vehicles—what we commonly call EVs, and the rest were hybrids. In percentage terms, then, EVs represent barely a 4.1% of the Chinese market. In other words, even in the world’s biggest EV market, with billions spent on charging infrastructure and making EVs dirt cheap, most drivers still prefer internal combustion vehicles."

China loves fossil fuel cars.???

did you not get the message

China has filed for divorce....the lover affair is over....clunkers are old maids...Chinese do not want to seen driving around in a clunker

 

do not worry Ecochump....Cash for Clunkers is all the rage in China 

 

China EVs/plugins are  heading to 60 Percent of the new vehicle market by year end

China now is in love with EVs/Plug in hybrids

China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%

Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
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(edited)

3 hours ago, notsonice said:

China loves fossil fuel cars.???

did you not get the message

China has filed for divorce....the lover affair is over....clunkers are old maids...Chinese do not want to seen driving around in a clunker

 

do not worry Ecochump....Cash for Clunkers is all the rage in China 

 

China EVs/plugins are  heading to 60 Percent of the new vehicle market by year end

China now is in love with EVs/Plug in hybrids

China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%

Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
2024070809213989.jpg
2024070809214165.jpg
2024070809214414.jpg

You really are out of touch...over 99% of the Chinese transportation sector is fossil fuel and will remain fossil fuel.

You may borrow my handkerchief to wipe away your tears.

"In percentage terms, then, EVs represent barely 4.1% of the Chinese market. In other words, even in the world’s biggest EV market, with billions spent on charging infrastructure and making EVs dirt cheap, most drivers still prefer internal combustion vehicles."

This makes nonsense of your wild claim (unsubstantiated and unreferenced, of course, you have no clue as usual)

"China EVs/plugins are  heading to 60 Percent of the new vehicle market by year end"

The actual figure is 4.1% not 60%...you are getting some strange messages from a strange world.

Thanks for making my day, a good laugh was had by all.

Edited by Ecocharger

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(edited)

On 7/6/2024 at 8:04 AM, Ecocharger said:

"We think our bear scenario calling for a year-over-year decline in EV sales volume in 2024 has become more realistic given the three negative factors outlined above. We previously suggested that EV penetration could vary considerably under various conditions. Despite the current slowdown in EVs, our base-case scenario still calls for EV sales volume to rise 21% year-over-year in 2024. But under our bear-case scenario, we see EV sales volume declining 2% year-over-year, and negative growth would likely result in oversupply across the EV supply chain."

So in the article you reference your very worst bearish scenario is that EV sales fall 2% y-o-y and you claim thats "cratering".

Your own article is saying the likely scenario is a y-o-y growth of 21%!!! Can't you read???

You are referencing material that actually counters your argument!

Edited by Rob Plant
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(edited)

12 hours ago, Ecocharger said:

You really are out of touch...over 99% of the Chinese transportation sector is fossil fuel and will remain fossil fuel.

You may borrow my handkerchief to wipe away your tears.

"In percentage terms, then, EVs represent barely 4.1% of the Chinese market. In other words, even in the world’s biggest EV market, with billions spent on charging infrastructure and making EVs dirt cheap, most drivers still prefer internal combustion vehicles."

This makes nonsense of your wild claim (unsubstantiated and unreferenced, of course, you have no clue as usual)

"China EVs/plugins are  heading to 60 Percent of the new vehicle market by year end"

The actual figure is 4.1% not 60%...you are getting some strange messages from a strange world.

Thanks for making my day, a good laugh was had by all.

Eco the clue in Notsonice's statement of 60% is the word NEW (highlighted above)! I understand that you struggle with reading and the basic understanding of comprehending sentences. Its why you don't understand the whole discussion. 

Edited by Rob Plant
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18 hours ago, Ecocharger said:

You really are out of touch...over 99% of the Chinese transportation sector is fossil fuel and will remain fossil fuel.

You may borrow my handkerchief to wipe away your tears.

"In percentage terms, then, EVs represent barely 4.1% of the Chinese market. In other words, even in the world’s biggest EV market, with billions spent on charging infrastructure and making EVs dirt cheap, most drivers still prefer internal combustion vehicles."

This makes nonsense of your wild claim (unsubstantiated and unreferenced, of course, you have no clue as usual)

"China EVs/plugins are  heading to 60 Percent of the new vehicle market by year end"

The actual figure is 4.1% not 60%...you are getting some strange messages from a strange world.

Thanks for making my day, a good laugh was had by all.

China EVs/plugins are  heading to 60 Percent of the new vehicle market by year end

 

enjoy

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