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In Reply to: RE: Leveling off at 7.6% total market share remains niche! -nt posted by dark_dave56 on May 08, 2024 at 00:29:05
Gallup polls suggest otherwise with the downward intent trend. It appears those who really want them have already purchased.
Follow Ups:
...as EVs continue to get more affordable, and gov't mandates/targets for EV adoption begin to approach their proposed implementation deadlines. In addition to the pro-EV push by governments and environmentalists, there is a corresponding anti-ICE movement that will alter/shift those numbers--primarily by restricting/regulating ICE vehicle useage.
I don't agree with these mandates/regulations, as I feel that they are premature and economically harmful, but the wheels are in motion. There are already efforts to banish diesel trucks and locomotives, that if implemented, will cripple the shipping/transportation industry, and increase the cost of consumer goods across the board.
EVs are here to stay, and being forced upon the public. A not-so-distant future chart/graph should include the category of "have no choice".
"And today is for sale and it's all you can afford. Buy your own admission. The whole things got you bored. Well the Lord chooses the good ones, and the bad ones use the Lord"--a very dear friend for decades Michael Stanley (Gee)--RIP
Certainly not this year!
"While annual EV sales continue to grow in the U.S. market, the growth rate has slowed notably. Sales in Q1 rose 2.6% year over year, but fell 15.2% compared to Q4 2023. The increase last quarter was well below the previous two years ".
...and it isn't a particular market-distaste for EVs. Tesla is no longer "the only game in town"--there are viable competitors. Tesla is "old news"--they haven't introduced a new from the ground up model in a decade. Minor refreshes and adaptations of existing platforms only go so far. Their entire line-up is ageing-out of it's production life-cycle. You can only re-apply the lipstick to a pig so many times before people realize that it's just an old pig. THAT is no different than with ICE vehicles--it applies to ALL vehicles. You can only hold-on to a model/platform for so long, before you have to go back the drawing board and start from scratch. Tesla hasn't done that--yet.
Elon is now facing serious competition, but probably doesn't want to further risk his credibility with investors to make such a major investment to overhaul his entire product line--not right now.
"And today is for sale and it's all you can afford. Buy your own admission. The whole things got you bored. Well the Lord chooses the good ones, and the bad ones use the Lord"--a very dear friend for decades Michael Stanley (Gee)--RIP
"Minor refreshes and adaptations of existing platforms only go so far."
"You can only hold-on to a model/platform for so long, before you have to go back the drawing board and start from scratch."
Remind me again how long Chevrolet has been selling the Suburban? How long has Ford been selling Mustangs? The Audi A6? The Chevrolet Corvette (finally given a real update recently)?
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We are inclusive and diverse, but dissent will not be tolerated.
...have gone through significant changes in platforms/designs. Only the names have carried over through all of these years/decades. The only thing that a current Mustang has in common with it's predecessors is that it is still rear wheel drive with an available V-8 ICE engine. Every generation of Corvette is clearly defined (C1 through C8), and distinctly different--not just in appearance. My current Suburban is a far cry from the first one that I ever drove--working on a farm in the 70's. I don't recall it having GPS, touch screens, heated leather, and power everything. In fact, it was a stick-shift with no A/C and no radio--and no carpet--the floor was all rubber/vinyl that could be hosed-out at the end of the day.
"And today is for sale and it's all you can afford. Buy your own admission. The whole things got you bored. Well the Lord chooses the good ones, and the bad ones use the Lord"--a very dear friend for decades Michael Stanley (Gee)--RIP
You can only hold-on to a model/platform for so long, before you have to go back the drawing board and start from scratch.
Porsche would laugh at that notion with the 911 series...
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