notsonice + 1,255 DM June 30, 2023 4 minutes ago, Jay McKinsey said: So a 30 day supply. Wow, not. Plug-In Vehicle Sales A total of 113,911 plug-in vehicles (91,699 BEVs and 22,212 PHEVs) were sold during May 2023 in the United States, up 68.1% from the sales in May 2022. PEVs captured 8.36% of total LDV sales this month. Historically, a 60 days' supply across the industry was considered normal and ideal. The Cox Automotive days' supply is based on the daily sales rate for the most recent 30-day period that ended April 24, when about 1.08 million vehicles were sold, up 16% from the same period in the previous year.May 11, 2023 New-Vehicle Inventory Increases Again in April, Supporting ... thanks for your info Jay....sure makes the guy who is babbling the 90 day supply BS look like a fool Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 9 minutes ago, TailingsPond said: Savings over gas Right, those are savings over gasoline (but without considering costs of electrical home infrastructure, which would pay for many years of automobile gasoline). Here is the quote, "Rising electricity prices in the UK have made gasoline and diesel cars cheaper to use than electric vehicles charged at rapid public chargers. While drivers who are able to charge their EVs at home are still making significant savings, public charging infrastructure is more expensive. Higher electricity prices and insufficient charging infrastructure in the UK could hinder electric vehicle adoption." Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 7 minutes ago, Jay McKinsey said: So a 30 day supply. Wow, not. Plug-In Vehicle Sales A total of 113,911 plug-in vehicles (91,699 BEVs and 22,212 PHEVs) were sold during May 2023 in the United States, up 68.1% from the sales in May 2022. PEVs captured 8.36% of total LDV sales this month. Historically, a 60 days' supply across the industry was considered normal and ideal. The Cox Automotive days' supply is based on the daily sales rate for the most recent 30-day period that ended April 24, when about 1.08 million vehicles were sold, up 16% from the same period in the previous year.May 11, 2023 New-Vehicle Inventory Increases Again in April, Supporting ... Which is consistent with the claim that inventories are building faster than sales. Thanks, Jay. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 2 minutes ago, notsonice said: thanks for your info Jay....sure makes the guy who is babbling the 90 day supply BS look like a fool That "fool" was Jeremy Robb, senior director of economic and industry insight at Cox Automotive. Now, who is the fool, Jeremy Robb or you? Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 1 minute ago, Ecocharger said: That "fool" was Jeremy Robb, senior director of economic and industry insight at Cox Automotive. Now, who is the fool, Jeremy Robb or you? The fool continues to be you. The EV inventory remains half of ideal as defined by Cox. 2 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM June 30, 2023 2 minutes ago, Ecocharger said: Which is consistent with the claim that inventories are building faster than sales. Thanks, Jay. 30 day inventory vs sales are at less than the inventory standard of 60 days inventory vs sales ratio..... EV Salesman love the numbers...no discounting in prices on the lot Pretty healthy sales increases on track for 10 percent market share of pure evs by end of year.... production ramping up, inventories to meet demand ramping up, sales ramping up no recession in the EV business Enjoy the transition, I am Quote Share this post Link to post Share on other sites
turbguy + 1,544 June 30, 2023 (edited) 1 hour ago, footeab@yahoo.com said: ...everyone is waiting for the hammer to drop on EV car liscensing/tabs as currently no one is paying road taxes. Ahhh... That statement indicates your actual knowledge of reality, which is...at best...incomplete. No! To register an EV in Wyoming, the YEARLY license adder is $200 above an ICE vehicle's fee. That's a lotta miles! Edited June 30, 2023 by turbguy 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 (edited) 20 minutes ago, Jay McKinsey said: The fool continues to be you. The EV inventory remains half of ideal as defined by Cox. Here is what Jeremy Robb, senior director of economic and industry insight at Cox Automotive had to say, Jay, Read carefully. Put your thinking cap on. "The bad news (for EV manufacturers): the supply of electric vehicles is significantly outstripping sales, “Sales have been rising and are clearly going up with all the new entrants in the marketplace. But sales are not going up to the same extent that inventory is going up. As we approach the end of the second quarter of this year, average inventory for electric vehicles tops more than 92,000 units on the ground at dealer lots as we look at inventory versus this time 2022. That's a whopping 342% year over year increase. During the same period, maybe the day supply increased 166% the 90 day supply, though the pace of sales while up, is not rising as fast as inventory builds,” Jeremy Robb, senior director of economic and industry insight at Cox Automotive, told reporters at a briefing." No equivocation there. "But sales are not going up to the same extent that inventory is going up." Edited June 30, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 1 minute ago, Ecocharger said: Here is what Jeremy Robb, senior director of economic and industry insight at Cox Automotive had to say, Jay, Read carefully. "The bad news (for EV manufacturers): the supply of electric vehicles is significantly outstripping sales, “Sales have been rising and are clearly going up with all the new entrants in the marketplace. But sales are not going up to the same extent that inventory is going up. As we approach the end of the second quarter of this year, average inventory for electric vehicles tops more than 92,000 units on the ground at dealer lots as we look at inventory versus this time 2022. That's a whopping 342% year over year increase. During the same period, maybe the day supply increased 166% the 90 day supply, though the pace of sales while up, is not rising as fast as inventory builds,” Jeremy Robb, senior director of economic and industry insight at Cox Automotive, told reporters at a briefing." EV sales last month were 92K up 68.1% from last year. So a 30 day inventory which is far better than a zero day inventory because of the chip shortage. Plug-In Vehicle Sales A total of 113,911 plug-in vehicles (91,699 BEVs and 22,212 PHEVs) were sold during May 2023 in the United States, up 68.1% from the sales in May 2022. PEVs captured 8.36% of total LDV sales this month. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 Just now, Jay McKinsey said: EV sales last month were 92K up 68.1% from last year. So a 30 day inventory which is far better than a zero day inventory because of the chip shortage. Plug-In Vehicle Sales A total of 113,911 plug-in vehicles (91,699 BEVs and 22,212 PHEVs) were sold during May 2023 in the United States, up 68.1% from the sales in May 2022. PEVs captured 8.36% of total LDV sales this month. Read again, Jay, you seemed to miss the point as usual. But sales are not going up to the same extent that inventory is going up. Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 1 minute ago, Ecocharger said: Read again, Jay, you seemed to miss the point as usual. But sales are not going up to the same extent that inventory is going up. Profit maximization for cars has historically included a 60 day inventory. The industry is working very hard to get the inventory up and at this point have gotten it to 30 days. You remain the fool. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 (edited) 1 hour ago, Jay McKinsey said: Profit maximization for cars has historically included a 60 day inventory. The industry is working very hard to get the inventory up and at this point have gotten it to 30 days. You remain the fool. Jay, you are calling Jeremy Robb a fool, that makes you rather presumptuous, given his knowledge of the auto industry. I will accept his assessment over yours. "though the pace of sales, while up, is not rising as fast as inventory builds," This guy actually KNOWS what he is talking about. Edited June 30, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 9 minutes ago, Ecocharger said: Jay, you are calling Jeremy Robb a fool, that makes you rather presumptuous, given his knowledge of the auto industry. I will accept his assessment over yours. "though the pace of sales, while up, is not rising as fast as inventory builds," Yep, he sounds like a fool from that article. Meanwhile US EV sales rose by 68%, due in large part to the rising production and inventory. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 (edited) 3 minutes ago, Jay McKinsey said: Yep, he sounds like a fool from that article. Meanwhile US EV sales rose by 68%, due in large part to the rising production and inventory. Here is your assessment of a TRUE industry expert. "Yep, he sounds like a fool" Jay, you have a certain problem with self-control. It does not take an Einstein to see that. That reduces the credibility of your pronouncements. You are prone to be carried away by hyperbole. Edited June 30, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 (edited) 4 minutes ago, Ecocharger said: Here is your assessment of a TRUE industry expert. "Yep, he sounds like a fool" Jay, you have a certain problem with self-control. It does not take an Einstein to see that. Sales were up 68%. That is the only number that actually matters. It sounds like the FF industry bought him off. Again, the only number that actually matters is sales and a 68% increase is stupendous!!!!!!!!!!!! At this rate EVs will be over 50% of the car market in a few years. Edited June 30, 2023 by Jay McKinsey Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 (edited) 7 minutes ago, Jay McKinsey said: Sales were up 68%. That is the only number that actually matters. It sounds like the FF industry bought him off. Again, the only number that actually matters is sales and a 68% increase is stupendous!!!!!!!!!!!! At this rate EVs will be over 50% of the car market in a few years. Where do you see Robb being paid off? It sounds like you make stuff up, that is worthless stuff. All of which is beside the point made by a GENUINE industry expert, that "though the pace of sales, while up, is not rising as fast as inventory builds," Case closed, Jeremy Robb declared the winner. BY DEFAULT! Edited June 30, 2023 by Ecocharger 1 Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 1 minute ago, Ecocharger said: All of which is beside the point made by a GENUINE industry expert, that "though the pace of sales, while up, is not rising as fast as inventory builds," Case closed, Jeremy Robb declared the winner. At this rate of sales increase EVs will be 50% of the new car market in 4 years. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 (edited) 3 minutes ago, Jay McKinsey said: At this rate of sales increase EVs will be 50% of the new car market in 4 years. Your crystal ball is getting hazy, old boy. The percentage of fossil fuel new cars is now close to 93%, as I recall. That is huge additions of vehicles to the vehicle fleet, enough to increase demand for fossil fuels well into the future. Who wants the bother and hassle of operating an EV? Edited June 30, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 (edited) 5 minutes ago, Ecocharger said: Your crystal ball is getting hazy, old boy. The percentage of fossil fuel new cars is now close to 93%, as I recall. That is huge additions of vehicles to the vehicle fleet, enough to increase demand for fossil fuels well into the future. EV's increased sales by 68% this year. At that rate they will be 64% of the market in 4 years. Edited June 30, 2023 by Jay McKinsey Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,190 June 30, 2023 4 hours ago, turbguy said: Ahhh... That statement indicates your actual knowledge of reality, which is...at best...incomplete. No! To register an EV in Wyoming, the YEARLY license adder is $200 above an ICE vehicle's fee. That's a lotta miles! Ah, you wish to be a technical weenie while dodging . Ok Oh no! Have to pay more! Gasp ! NO! Its almost as if Wyoming wants its taxes that EV's are NOT PAYING in gasoline taxes for road infrastructure... Ya don't say. I know you are allergic to math, but here let me help your feeble mind. Average Wyoming Driver drives ~30,000 miles a year. According to you, Wyoming is charging $200 extra per year. $200/24,000 = $0.008/mile Gasoline tax in Wyoming is absurdly low $0.24/gallon. Average car in Wyoming ... lets be generous and say 30mpg $0.24/30mpg = tax rate of $0.008/mile As for said EV Wyoming tax... it just passed this year. Poor me, I do not search every state in the union... Its almost as if Wyoming tax accountants can do math... PS: 1 minute search showed $175 for an EV license not $200 Quote Share this post Link to post Share on other sites
turbguy + 1,544 June 30, 2023 (edited) 4 hours ago, footeab@yahoo.com said: Ah, you wish to be a technical weenie while dodging . Ok Oh no! Have to pay more! Gasp ! NO! Its almost as if Wyoming wants its taxes that EV's are NOT PAYING in gasoline taxes for road infrastructure... Ya don't say. I know you are allergic to math, but here let me help your feeble mind. Average Wyoming Driver drives ~30,000 miles a year. According to you, Wyoming is charging $200 extra per year. $200/24,000 = $0.008/mile Gasoline tax in Wyoming is absurdly low $0.24/gallon. Average car in Wyoming ... lets be generous and say 30mpg $0.24/30mpg = tax rate of $0.008/mile As for said EV Wyoming tax... it just passed this year. Poor me, I do not search every state in the union... Its almost as if Wyoming tax accountants can do math... PS: 1 minute search showed $175 for an EV license not $200 Yeah, we drive a lot. The average yearly mileage of a Wyoming driver is 24,069 miles, according to the Federal Highway Administration. Given the number of diesel trucks pulling stock trailers around here, 30 MPG is generous. As of June 2023, the following states have additional license fees for electric vehicles: Alabama: $200 additional annual fee for battery electric vehicles (BEVs). $100 additional annual fee for plug-in hybrid vehicles (PHEVs). Arkansas: $100 additional annual fee for BEVs. California: $100 annual fee for a zero-emissions vehicle. Starting in January 2021, annual increases will be indexed to the consumer price index. Colorado: $50 annual fee for full-electric and plug-in hybrid (PHEV) vehicles. Georgia: $200 additional annual fee for BEVs. Hawaii: $100 additional annual fee for BEVs. Idaho: $75 additional annual fee for BEVs. Illinois: $100 additional annual fee for BEVs. Indiana: $150 additional annual fee for BEVs. Iowa: $65 additional annual fee for BEVs. $32 additional annual fee for PHEVs. Kansas: $100 additional annual fee for BEVs. Kentucky: $100 additional annual fee for BEVs. Louisiana: $100 additional annual fee for BEVs. Michigan: $100 additional annual fee for BEVs. Minnesota: $75 additional annual fee for BEVs. Mississippi: $100 additional annual fee for BEVs. Missouri: $100 additional annual fee for BEVs. Nebraska: $100 additional annual fee for BEVs. North Carolina: $130 additional annual fee for BEVs. $65 additional annual fee for PHEVs. North Dakota: $100 additional annual fee for BEVs. Ohio: $100 additional annual fee for BEVs. Oklahoma: $100 additional annual fee for BEVs. Oregon: $200 additional annual fee for BEVs. South Carolina: $100 additional annual fee for BEVs. South Dakota: $100 additional annual fee for BEVs. Tennessee: $200 additional annual fee for BEVs. Texas: $400 additional fee on EVs when they're first registered, along with a $200 renewal fee each year after. Utah: $100 additional annual fee for BEVs. Virginia: $100 additional annual fee for BEVs. Washington: $150 additional annual fee for BEVs with over 30 miles of all-electric range. $75 for non-plug-in hybrid EVs. West Virginia: $100 additional annual fee for BEVs. Wisconsin: $100 additional annual fee for BEVs. Wyoming: $175 additional annual fee for BEVs. Additional $25 fee for for County Taxes Edited June 30, 2023 by turbguy Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 3 hours ago, turbguy said: Yeah, we drive a lot. The average yearly mileage of a Wyoming driver is 24,069 miles, according to the Federal Highway Administration. Given the number of diesel trucks pulling stock trailers around here, 30 MPG is generous. As of June 2023, the following states have additional license fees for electric vehicles: Alabama: $200 additional annual fee for battery electric vehicles (BEVs). $100 additional annual fee for plug-in hybrid vehicles (PHEVs). Arkansas: $100 additional annual fee for BEVs. California: $100 annual fee for a zero-emissions vehicle. Starting in January 2021, annual increases will be indexed to the consumer price index. Colorado: $50 annual fee for full-electric and plug-in hybrid (PHEV) vehicles. Georgia: $200 additional annual fee for BEVs. Hawaii: $100 additional annual fee for BEVs. Idaho: $75 additional annual fee for BEVs. Illinois: $100 additional annual fee for BEVs. Indiana: $150 additional annual fee for BEVs. Iowa: $65 additional annual fee for BEVs. $32 additional annual fee for PHEVs. Kansas: $100 additional annual fee for BEVs. Kentucky: $100 additional annual fee for BEVs. Louisiana: $100 additional annual fee for BEVs. Michigan: $100 additional annual fee for BEVs. Minnesota: $75 additional annual fee for BEVs. Mississippi: $100 additional annual fee for BEVs. Missouri: $100 additional annual fee for BEVs. Nebraska: $100 additional annual fee for BEVs. North Carolina: $130 additional annual fee for BEVs. $65 additional annual fee for PHEVs. North Dakota: $100 additional annual fee for BEVs. Ohio: $100 additional annual fee for BEVs. Oklahoma: $100 additional annual fee for BEVs. Oregon: $200 additional annual fee for BEVs. South Carolina: $100 additional annual fee for BEVs. South Dakota: $100 additional annual fee for BEVs. Tennessee: $200 additional annual fee for BEVs. Texas: $400 additional fee on EVs when they're first registered, along with a $200 renewal fee each year after. Utah: $100 additional annual fee for BEVs. Virginia: $100 additional annual fee for BEVs. Washington: $150 additional annual fee for BEVs with over 30 miles of all-electric range. $75 for non-plug-in hybrid EVs. West Virginia: $100 additional annual fee for BEVs. Wisconsin: $100 additional annual fee for BEVs. Wyoming: $175 additional annual fee for BEVs. Additional $25 fee for for County Taxes EVs get subsidized by government, there is the entire picture to calculate. Quote Share this post Link to post Share on other sites
Ecocharger + 1,474 DL June 30, 2023 10 hours ago, Jay McKinsey said: EV's increased sales by 68% this year. At that rate they will be 64% of the market in 4 years. And fossil fuel vehicles are what, 93% of the current new vehicle market? That's a lot of new fossil fuel vehicles added to the existing stock. Quote Share this post Link to post Share on other sites
turbguy + 1,544 June 30, 2023 42 minutes ago, Ecocharger said: EVs get subsidized by government, there is the entire picture to calculate. True, we need to look at everything. Just as fossil fuels are subsidized. Just show me where those subsidies come out of the taxpayer's pocket. Quote Share this post Link to post Share on other sites
Jay McKinsey + 1,490 June 30, 2023 (edited) 1 hour ago, Ecocharger said: And fossil fuel vehicles are what, 93% of the current new vehicle market? That's a lot of new fossil fuel vehicles added to the existing stock. And at the current rate of sales growth EVs will be 64% in 4 years. And you always forget that old cars are scrapped. Those are all ICE. Edited June 30, 2023 by Jay McKinsey Quote Share this post Link to post Share on other sites
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