BMW Ends ICE Production in Germany! Mercedes?

While the EV market has grown in 2023, sales aren't rising as fast as expected, even with new model launches and price cuts and generous tax credits lowering costs for buyers. Automakers are taking notice and acting accordingly. --Nov 1, 2023

EV Sales Are in a Slump — Why Aren't More Car Buyers ...

 

The EV revolution is losing momentum: After electric car sales soared in 2022, interest among buyers has underwhelmed and plans for a rapid transition away from gas-powered cars could be in jeopardy. --Nov 1, 2023

EV Sales Slump: Why Americans Are Not Buying Electric Cars

 

Except that they are using DISINFORMATION.

 

BMW has for many years been maneuvering to take manufacturing out of high-cost Germany and move it to lower cost countries like the US. Doing it now under cover of an EV transition (with accompanying subsidy) makes eminent business sense.

 

Nope, not at all.

 

The story continues . . . .
Here's why people aren't buying EVs in spite of price cuts ...

USA Today
https://www.usatoday.com › money › 2023/11/14 › e...



Nov 14, 2023 — Helped by Tesla's price cuts, the average price paid in September for a new EV fell to $50,683, from $52,212 in August and $65,295 a year ...


Automakers Delay Electric Vehicle Spending as Demand ...

The New York Times
https://www.nytimes.com › ... › Energy & Environment



Nov 7, 2023 — Sales of the Ford Mustang Mach-E, which commanded a stiff markup a year ago, slumped 10 percent in October from a year earlier, Ford said last ...


EV sales slump depressed German market in September

Automotive News Europe
https://europe.autonews.com › Sales by Market



Oct 6, 2023 — Sales of full-electric cars fell by 35 percent to 47,097. Incentives for business buyers to buy full-electric cars ended on Aug. 31. Tesla had ...

 

Your mean the one you never bothered to read to the end?

When the DIFFERENCE in price between an EV and ICE is going to be effectively WIPED OUT with a little PATIENCE it is a NO BRAINER to delay the purchase until next year for the BUYER.

Given they way the article was written the author HAD to be connected to the ICE industry somehow...maybe their spouse is an auto mechanic?

Dunno!

 

Thanks for supporting my point. EV's are not price-competitive without subsidies. And given other EV shortcomings I doubt even an accelerated subsidy payment will matter.

 

ALL major NEW technologies are SUBSIDIZED.

This goes ALL the way BACK to when they were digging INTERSTATE canals.

 

Yes, just an aside....for 2022 Ford lost 2.1billion, the company’s overall revenue increased 16% to $158.1 billion. That's 1.3% of revenue. I didn't check the rest of he authors "data" or better claims.

 

Probably because EVs are inherently technically inferior to ICE in most applications. Without government forcing them on people, few will voluntarily buy an inferior vehicle. It's only a matter of time before either the government program to force people into EVs or the automotive industry will collapse.

 

No they're not. The automobile itself was never subsidized. Computers were never subsidized. Cell phones were never subsidized.

Government in general in history has a seriously lousy record of running economies.

 

Yes, they lost a bunch of money even while revenue was increasing. That means their expenses went through the roof investing in EV development that will sadly never pay off.

 

I dont know about that. Sales of EVs keep increasing, and European car makers are going all in, and Japanese and Koreans aren't too far behind. Personally I drive ICE car, but I have no emotions about EVs, and I dont get peoples hostility towards them. To each his own.

 

Their plan is to get 80% of their energy from renewables, by 2030, but we'll if they reach thart goal.

 

EV Sales are not declining. That is a myth. Even your own article says sales are growing, but not as fast as predicted.

 

Sounds like biased supposition.

 

Yes, and . . . ?

 

A false claim.

 

No one has claimed EV sales are declining. The rate of increase has slowed to a poor fit with over-enthusiastic investment.

 

I'd bet against them.

 

The EV has a niche role as a local runabout. It is poorly suited for longer trips, for towing and for hauling.

 

Long range is an issue, but I dont think BMW ever made anything for towing or hauling.

 

I agree.

 

Coming to think of it, I can't think of any European pick up car. Japanese make them, but only for the US market.