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New Registrations For Electric Vehicles Doubled In US Last Year (techcrunch.com)
An anonymous reader quotes a report from TechCrunch: Electric vehicles, still a small percentage of the total automotive market in the U.S., are beginning to gain ground, according to analysis by IHS Markit. There were 208,000 new registrations for electric vehicles in the U.S. last year, more than double the number filed in 2017, IHS said Monday. That growth in EVs was heavily concentrated in California as well as nine other states that have adopted the Zero Emission Vehicle program. California was the first to launch the ZEV program a state regulation that requires automakers to sell electric cars and trucks there. Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont are also ZEV states.
California accounted for nearly 46 percent, or 95,000, of new EV registrations in 2018, IHS said. California has 59 percent of market share of registered electric vehicles in the U.S. More than 350,000 new EVs will be sold in the US in 2020. Those figures will give EVs a still tiny 2 percent share of the total U.S. fleet. By 2025, that figure is expected to rise to more than1.1 million vehicles sold or a 7 percent share, according to recent IHS Markit. The Tesla's Model 3 is the top selling all-electric in the U.S. so far this year, followed by the Chevy Bolt, Tesla Model X, Tesla Model S and the Nissan Leaf, according to estimates by Inside EVs.
California accounted for nearly 46 percent, or 95,000, of new EV registrations in 2018, IHS said. California has 59 percent of market share of registered electric vehicles in the U.S. More than 350,000 new EVs will be sold in the US in 2020. Those figures will give EVs a still tiny 2 percent share of the total U.S. fleet. By 2025, that figure is expected to rise to more than1.1 million vehicles sold or a 7 percent share, according to recent IHS Markit. The Tesla's Model 3 is the top selling all-electric in the U.S. so far this year, followed by the Chevy Bolt, Tesla Model X, Tesla Model S and the Nissan Leaf, according to estimates by Inside EVs.
She said it can get her from Seattle to Victoria BC on 3/4 charge.
Only old people use fossil fuel vehicles anymore.
-- Tigger warning: This post may contain tiggers! --
Gas prices have really been rising fast on the West coast, especially in California. That will drive lots of EV sales.
https://thinkprogress.org/elec...
Plummeting battery prices to make electric cars cheaper than gas cars in 3 years
A Bloomberg bombshell.
Achieving parity for upfront, initial cost means that the buying decision for electric vehicles (EVs) is about to become a no-brainer.
That’s because EVs are already superior to gasoline cars in many key respects: they have faster acceleration, much lower maintenance costs, zero tail-pipe emissions, and a much lower per-mile fueling cost than petrol cars, even when running on carbon-free fuel.
I don't read your sig. Why are you reading mine?
There were 208,000 new registrations for electric vehicles in the U.S. last year
That's less than a quarter of the number of F150s Ford sells in a year.
https://www.forbes.com/sites/j...
Learn to read. Those are total sales, not "new registrations" that you're comparing against lol. F-150 is a fleet vehicle so a large % just go sit in lots. You have no idea how actual comparisons work, do you?
F150 sales didn't double, lol, idiot.
More importantly, it used to be that when you bought a honda, Caddy, Mercedes, porsche, BMW, Lexus, etc. the cars would hold their resale value. Basically, you could count on those being worth about 80% after 3 years. Now, you will be lucky if you get 40%. In the next could of years, you can expect that these new vehicles will lose 80% of their value over 3 years. How many rich guys will want to pay $100,000 for a vehicle that is inferior to a $50,000 EV and 3 years later, sell if for under 20K, while the EV sells for 40-60K?
EVs have already sold 42K in the first quarter (which makes that on track to be around 200K / year, since sales increase over quarters) and that is with Tesla and GM both losing their subsidies. If they get them back, this will easily double to 400K.
Wait until Tesla and Rivian have their Trucks out. I suspect that GM, Ford, and Ram will lose a LOT of sales quickly. After all, who would not want the torque of a top-end F350-450 in a 50-60K vehicle that costs a fraction of the cost to run?
is a very small number.
The world needs a low cost, affordable electric subcompact with range.
Domestic spying is now "Benign Information Gathering"
We have a leaf, so max range ~ 100mi. I keep it charged to = 40% unless we are going out of town, gets us all around town and back. Lower cost per mile, lower total cost of ownership (saving a ton in maintenance). Can rent a car for long journeys but the charging infrastructure is kicking in so haven't done it yet (but plan to). Some cars in some places have had negative depreciation (worth more if you sell it in 12 months). I doubt I'd get that lucky, and I doubt it will hold.
Oh yeah, and the beautiful quiet, and crazy acceleration.
as this trend of electric vehicle purchases indicates a future higher usage of these fuels. If everyone buys an electric vehicle we'll need to use every bit of coal also. Energy has to come from somewhere and demand will dictate using the fuels available. Fossils fuels will be used whether it is on the highway or in the power plant. Even amazing lithium batteries won't change that unless we return to nuclear based power.
Faith: Belief in Truth. Superstition: Belief in Falsehood.
Hiring rebounded in March as U.S. employers added a solid 196,000 jobs,"
BTW, in related news No state imports more electricity than California
If you're not for nuclear power, you are not trying to stop climate change
Trump 2020
The lower maintenance cost is the best selling point for me as a daily commuter. Gasoline cars are still far superior for long trips though.
Nonsense starting with acceleration. A same priced EV is no faster than an ice vehicle. Unlike you I spent 6 months researching everything available about real EV performance vs ice performance vehicles.
I chose ICE. For the price there was no EV that consistently matched ice performance much less exceeded it. Even a Tesla with ludicrous mode slows dramatically after a few hard launches or trips around a short track.
Analogy: your girl wants a man with high performance staying power. Not the guy who jack hammers her for 10 seconds then is flaccid until he recharges over night. Lol
Recharges over night? Get it? Hahaha
More delivery trucks pounding the fragile pavement in residential areas. This leads to crumbling roads and apocalyptic retail store closures (job losses). Do we need an additional percentage of sales tax on delivered goods? Web retailers offer "free delivery", but they don't build bridges.
https://www.cnn.com/2019/04/16/business/store-closures-retail-bankruptcies/index.html
https://www.detroitnews.com/story/news/local/michigan/2019/04/15/gop-led-states-back-tax-hike-road-funding/39347397/
The worst case is that the crumbling electrically infrastructure in the US (and I would guess in many other countries) can not support having a huge fleet of EV to charge every day.
Also, something EV people forget is all the other times power goes out or is unavailable. I find it odd that you all fall back on this thing about how whatever percentage of people commute XYZ miles a day and you recharge at night. Seriously that is all you do? Drive to work? You never go to grandmas? You never go to the beach, mountains, take a road trip somewhere, visit national parks and monuments? You always have time to recharge over night? And when you dont you can always just easily get a rental vehicle? On a Sunday? Or in the middle of the night during an emergency?
Really?
EVs may one day be a serious form of general transportation but that day is not today. Nor is it to tomorrow. Lets talk again in 10-15 years.
Remember Tesla has been at this for that long and barely sold any vehicles compared to the big boys. The entire Tesla fleet of all models ever sold for any purpose is dwarfed by the yearly sales of the Jair manufacturers common model lines.
If EV weâ(TM)re ready everyone would see the wisdom and buy them. EV would not need fan boys on the net trying to faux-teach us all how wonderful they are.
We know what EV are. No one is stupid or ignorant. The general population is aware. They vote with their wallets and the vast and overwhelming majority choose ICE at any price point.
BEV have several million outlets that cam charge it. Any electric dryer outlet is level 2!
Leaving home everyday with a full tank, priceless !!
sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
I don't see myself buying an electric car of any type for a long long time. It's really hard to beat the compact energy, quick reload, and convenient handling of gasoline. Plus, electric cars are expensive. I can buy a beater gas powered car for under $5K. Why would I want to dump $50K for an electric.
Interesting how of the top 5 sellers Telsa's products take #1, #3, and #4 spots. Maybe we will now enjoy fewer postings now about how delusional and corrupt Elon Musk is and how he will go bankrupt before he delivers.
Then again, maybe not.
Freedom to pick the high paying job of their choice.
Free from government interference.
What kind of microscope do you use to see your penis? Even my 1 motor Tesla 3 is faster than every other ICE car Iâ(TM)ve owned, including a V8 mustang. And the power instantaneous. Always. No downshifting. No turbo lag. Immediate. Itâ(TM)s fucking awesome.
It's required by regulation. California has a ZEV mandate. California's Air Resources Board (CARB - they set California's air quality standards) requires each automaker to sell a certain percentage of ZEVs (zero emissions vehicles) and PZEVs (partial zero emissions vehicles - i.e. hybrids). The program began in 2009, and each year the percentage increases. The formula combining these two is a bit complex, but for 2018 the requirement was 4.5% combined ZEVs, and 2.5% total ZEVs (battery EVs and hydrogen fuel cell vehicles). By 2025 it will be 22% combined ZEVs, with 8% total ZEVs.
If an automaker fails to meet this percentage, they must buy credits from an automaker who exceeded it. This is why Musk started Tesla - he realized that with the ZEV mandate, even if he lost money on each EV he sold, he could remain profitable by selling the ZEV credits to other automakers. I also suspect this is why Tesla has been so slow to ramp up Model 3 production. It is beneficial to Tesla to try to delay those sales until later years when the ZEV mandate percentage is higher, and there is more demand for the ZEV credits. Right now most of the automakers are managing to hit the requisite percentage on their own (of the major brands, only Honda and Toyota missed the target last year, and had to buy credits).
If an automaker fails to buy enough credits to meet the required percentage, they are banned from selling cars in California. And since about a dozen states representing about a third of the U.S. population automatically adopts CARB's guidelines, the automaker would be banned from selling cars in those states as well. No automaker wants to be cut off from a third of the U.S. market. So they're all busy rolling out EVs to comply with CARB's ZEV mandate. Towards the end of the year, if it looks like they won't sell enough EVs, they start slashing the prices, even selling/leasing them at a loss to try to meet the percentage. This is why all the great EV deals were only in California - only EVs sold/leased in California counted towards the mandate (that is changing - starting this year EVs sold in other states will count as well).
I'm not saying there isn't demand for EVs - there almost certainly is. But the growth in EV sales is not an indicator of organic market demand. The growth is mandated by regulation, so it's the tail wagging the dog. In a free market manufacturers sell the vehicles at a modest profit, and the price determining demand. But the current situation with EVs is that the manufacturers drop the price (even selling EVs at a loss) until there's enough demand to meet the ZEV mandate percentage for the year.
" I can buy a beater gas powered car for under $5K. Why would I want to dump $50K for an electric." - is that comparing prices of buying a used car to a new one? Might be better to compare to a used EV which will be closer.
"The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
"The worst case is that the crumbling electrically infrastructure in the US (and I would guess in many other countries) can not support having a huge fleet of EV to charge every day." most people charge overnight when there is less call on the infrastructure.
"You always have time to recharge over night? And when you dont you can always just easily get a rental vehicle? On a Sunday? Or in the middle of the night during an emergency?" what happens when you run out of gas on the road as people do? You don't run EVs until they are almost flat like ICE cars, you charge when you park up if its possible so you are running with pretty much a full tank a lot of the time
"percentage of people commute XYZ miles a day" yes, 95% of journeys are short, studies back this up.
"Remember Tesla has been at this for that long and barely sold any vehicles compared to the big boys." in relative terms its a very very short time compared to the big boys plus the fact they are pioneering a new way of doing things. How long did it take the big boys take to become big boys?
"The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
You bought a mustang. I was talking about performance vehicles. And you ignored my point that EV does not provide consistent power.
Put that 3 on a track or drag it a quarter mile a few times, champ.
Idiot.
Ignorant.
Tesla fanboy ignores and dodges every point. You guys just arent worth talking to.
You bought a mustang and thought you got a performance vehicle. Sure your 3 is faster than a Honda Civic. So is dropping s brick off a cliff.
Put that 3 on a track or do a few quarter mile runs and your 3s performance will drop like that brick. This has been tested and proven by independent third party professionals. But you do not read material like that because you are not a car guy. You are a Tesla fan. Much different. Musk publishes some numbers and you believe them and you feel smugly justified with your purchase. I spent about the same as you on an ice vehicle after doing research and test driving your 3 and a bunch of ice cars. Ice won hands down. No contest. The 3 is fast if you are unfamiliar with fast and only try it once. It does not have consistent performance nor does it perform well outside a narrow temperature band.
But dont let people who actually study these things and gather real world data stand in the way of your fan boying and unjustified smugness.
Facts are a painful thing.
My ice will still perform just as well in 10 years long after your battery is worn down.
What I would consider doing is leasing an EV in about 5 years once real car makers have had enough experience building real ones and Tesla is out of business and stops sending the industry down the wrong path, technology-wise because Musk literally knows nothing about everything. That way when the battery starts wearing down I just dump the thing and walk away.
But, buying an EV with current battery issues? No fucking way. Resale value is zero on a dead battery EV.
Around 6 MILLION passenger vehicles sold in the US in 2017. So EVs are around 2.5 to 3% of the market. Oh my, they are absolutely CRUSHING it!
A bigger factor. Why my mate in California bought an EV. Beat the traffic.
That is worth more than money.
Of course a lot of people aren't that enthusiastic about cars - they just want to get from A to B in the most comfortable and cheapest way possible (some people are enthusiastic - and there's nothing wrong with that either)
I don't think the EV people want to see ICE enthusiasts prevented from enjoying their cars, in fact I bet there's probably a good few EV enthusiasts who love a good log fire, steam train or classic ICE car.
Where I think there is some common ground is that both sides want a feeling of independence and of being in control of their cars.
It could be quite interesting when we start getting more people building home brew solar storage and tinkering with electric cars.
A lot of the things you mention seem to be improving faster than a lot of people realise.
I can highly recommend the fully charged video podcast (www.youtube.com/user/fullychargedshow) if you've not seen it.
After subsidies I paid ~$16k for my 2017 Leaf, brand new and on the road, taxes and registration included. I then spent $700 to get an L2 charger installed, because after living with it for a month it was clear that I'd never be buying another ICE (though I still have one, which I will keep until longer range EVs come down in price a bit more). You don't have to spend $50k to get an electric car which will cover most of your needs, especially if you're a two car family. We drive the Leaf 90% of the time now.
I bought a beater EV for $5k: a 2012 Nissan Leaf. Has about 40-65 miles of range depending on the season. But my round-trip commute to work and back is only 20 miles, so it's more than enough. Mind you, I'll be replacing it with a Tesla Model 3 when my son moves out and takes his Model 3, which is in my garage, with him and I have space to properly store a brand new car. But really, the Leaf is a great EV, even an old one, and cheap ones are available.
It is hard to believe its the tech or even the "green-ness" of it though there are people who believe it is.
How popular would EVs be if it were not for tax breaks and free electricity?
Yet it will over heat if it drives at 80mph for too long.
So the car will slow down on purpose.
Your won, who owns a model 3, lives with you?
Why would you let him spend $40k on a car, but not ask him to move out? What the fuck is wrong with you. He's never going to move out. He's going to splurge on toys his whole life.
Agreed that he's comparing apples and oranges.
The used market for EVs is great... Two years ago I bought a used Chevy Volt for $13,000. It was three years old (clearly had come off a lease)... It's a great car for my daughter - she commutes to college and can do the entire trip without burning any gas. Comes home, plugs in, it's fully charged for the next day.
I see some 6 year old Volts going for $7.5K.