Gold Member BOHICA Posted October 13, 2023 Gold Member Share Posted October 13, 2023 (edited) Market share of new cars it appears EV’s are taking a larger and larger portion of new vehicle sales every year and with each passing quarter in the US https://electrek.co/2023/10/12/ev-sales-7-9-us-market-volvo-mercedes-hyundai-gain/ Edited October 13, 2023 by BOHICA Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted October 13, 2023 Gold Member Share Posted October 13, 2023 this must have been a difficult read for you excited one min for record ev sales but disappointment a few sentences in to find “Tesla’smarket share is slipping” 5 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 13, 2023 Share Posted October 13, 2023 I read where EV’s are driven up to 4200 miles less per year than gas and diesel vehicles. That’s pretty telling when it comes to who’s attracted to EV’s. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 13, 2023 Share Posted October 13, 2023 I could get used to that MB EQS I had for a loaner a few months back. That thing drove pretty sweet. Doubt I'd want to tow a trailer with it, but otherwise it was really nice. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 47 minutes ago, spin_dry said: I read where EV’s are driven up to 4200 miles less per year than gas and diesel vehicles. That’s pretty telling when it comes to who’s attracted to EV’s. In about 1.5 months I will have had my tesla for 2 years and will have probably 52,000 miles on it, in that 2 years. Still have another 70k miles to go before the factory warranty is even up. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 (edited) 55 minutes ago, 800renegaderider said: this must have been a difficult read for you excited one min for record ev sales but disappointment a few sentences in to find “Tesla’smarket share is slipping” Not at all…. When you are the only game it easy to have 100%. But to still have 50% of the EV market share is impressive with almost everybody come at you and playing catch up. Every one of them though will use Tesla electricity to fill up as we move down the road. It would be like the legacy manufacture having 50% of the gas vehicle market share in the US which many would call an impressive feat. Edited October 13, 2023 by BOHICA Quote Link to comment Share on other sites More sharing options...
Deephaven Posted October 13, 2023 Share Posted October 13, 2023 The only thing they are playing catch-up on is production capability. Even the shit box Korean ones are better than the Tesla. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted October 13, 2023 Platinum Contributing Member Share Posted October 13, 2023 Wait…..what….more EV’s got sold again? Weird right As there’s been a huge shift towards EV’s for some time now the pom poms come out anytime EV sales rise 1 Quote Link to comment Share on other sites More sharing options...
awful knawful Posted October 13, 2023 Share Posted October 13, 2023 (edited) 11 hours ago, BOHICA said: In about 1.5 months I will have had my tesla for 2 years and will have probably 52,000 miles on it, in that 2 years. Still have another 70k miles to go before the factory warranty is even up. My Corolla is 10 years old. Front brakes, tires, that's it. Paid $12000 🖕 Edited October 13, 2023 by awful knawful 1 Quote Link to comment Share on other sites More sharing options...
Deephaven Posted October 13, 2023 Share Posted October 13, 2023 2 hours ago, awful knawful said: My Corolla for 10 years old. Front brakes, tires, that's it. Paid $12000 🖕 Duct tape a tablet to the dash and then every part of it is nicer than the model 3 as well. 5 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 13, 2023 Share Posted October 13, 2023 12 hours ago, BOHICA said: In about 1.5 months I will have had my tesla for 2 years and will have probably 52,000 miles on it, in that 2 years. Still have another 70k miles to go before the factory warranty is even up. That’s fine. I’m all for EV’s. The less gas and diesel used because of EV’s means that oil supplies will climb. That means lower prices for gasoline and heavy fuels. It’s a win for everyone. 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 3 minutes ago, spin_dry said: That’s fine. I’m all for EV’s. The less gas and diesel used because of EV’s means that oil supplies will climb. That means lower prices for gasoline and heavy fuels. It’s a win for everyone. Less oil exploration and new production as the demand wanes. Prices will always be high on oil from here on out. We will go into a substained price like we are now as less and less oil is needed and no new production comes online 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 13, 2023 Share Posted October 13, 2023 10 minutes ago, BOHICA said: Less oil exploration and new production as the demand wanes. Prices will always be high on oil from here on out. We will go into a substained price like we are now as less and less oil is needed and no new production comes online Nonsense. Many countries around the globe depend on oil to shape and propel their economies. Their production of oil isn’t going away. You are grossly overestimating the distribution of EV’s. 3/4 of the country can’t afford a new vehicle and will rely on ICE vehicles for years to come. I’m seeing 20 year old vehicles being completely rebuilt because it’s far cheaper than buying a late model used or new. Apparently you have a high income. That high income blinds you to the realities of most Americans. As inflation continues to spiral, new vehicle sales will continue to drop and probably drop quite dramatically. The ICE vehicle is here to stay for many many years. 2 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 1 minute ago, spin_dry said: Nonsense. Many countries around the globe depend on oil to shape and propel their economies. Their production of oil isn’t going away. You are grossly overestimating the distribution of EV’s. 3/4 of the country can’t afford a new vehicle and will rely on ICE vehicles for years to come. I’m seeing 20 year old vehicles being completely rebuilt because it’s far cheaper than buying a late model used or new. Apparently you have a high income. That high income blinds you to the realities of most Americans. As inflation continues to spiral, new vehicle sales will continue to drop and probably drop quite dramatically. The ICE vehicle is here to stay for many many years. China said they are past peak oil demand and it shows as countries like opec plus shut off production as it becomes unprofitable to produce oil to keep oil in a profitability zone. Oil isn’t really dropping much long term and will only go up cause each year it gets more and more expensive to produce and maintain a profit. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 13, 2023 Share Posted October 13, 2023 11 minutes ago, BOHICA said: China said they are past peak oil demand and it shows as countries like opec plus shut off production as it becomes unprofitable to produce oil to keep oil in a profitability zone. Oil isn’t really dropping much long term and will only go up cause each year it gets more and more expensive to produce and maintain a profit. China says a lot of things. Production is quickly shifting away from China to India and SE Asian countries. Demand for oil is dropping in China and rising in areas where production is moving. I’m sure that you’re aware of the acres upon acres of BYD vehicles China has sitting in fields? There’s no buyers. It’s one of the reasons Tesla will be out of China very soon. Here’s the reality. Americans and Canadians are keeping their vehicles far longer. That trend is going to continue and even escalate as money gets tighter and inflation worse. People are out of money. The used market for Teslas is pretty hairy. I’m sure you’re well aware of the exorbitant costs of repairing an out of warranty Tesla. It makes a BMW appear wallet friendly. nope….oil is here to stay for years to come. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 50 minutes ago, spin_dry said: China says a lot of things. Production is quickly shifting away from China to India and SE Asian countries. Demand for oil is dropping in China and rising in areas where production is moving. I’m sure that you’re aware of the acres upon acres of BYD vehicles China has sitting in fields? There’s no buyers. It’s one of the reasons Tesla will be out of China very soon. Here’s the reality. Americans and Canadians are keeping their vehicles far longer. That trend is going to continue and even escalate as money gets tighter and inflation worse. People are out of money. The used market for Teslas is pretty hairy. I’m sure you’re well aware of the exorbitant costs of repairing an out of warranty Tesla. It makes a BMW appear wallet friendly. nope….oil is here to stay for years to come. Yes oil will be here for many centuries to come. It’s just going to get more expensive as time goes on like it always has. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 13, 2023 Platinum Contributing Member Share Posted October 13, 2023 (edited) So we still aren't at 8% and vehicles last on average more than 12 years. The ICE isn't going anywhere. Edited October 13, 2023 by Highmark Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 1 minute ago, Highmark said: So we still aren't at 8% and vehicles last on average more than 12 years. The ICE isn't going anywhere. Good gain from last year. Wouldn’t be suprise if 1 in 10 are electric next year with more new models become available for purchase and as The big 2 take baby steps on ramping up production and pricing accordingly Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 13, 2023 Platinum Contributing Member Share Posted October 13, 2023 1 minute ago, BOHICA said: Good gain from last year. Wouldn’t be suprise if 1 in 10 are electric next year with more new models become available for purchase and as The big 2 take baby steps on ramping up production and pricing accordingly Lots of raw material hurdles to overcome getting production over 10%. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 7 minutes ago, Highmark said: Lots of raw material hurdles to overcome getting production over 10%. Not really. Battery material mining is increasing greatly…. Also coming down in price by a large margin as Australia opens up the flood gates on lithium production Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted October 13, 2023 Platinum Contributing Member Share Posted October 13, 2023 4 minutes ago, BOHICA said: Not really. Battery material mining is increasing greatly…. Also coming down in price by a large margin as Australia opens up the flood gates on lithium production How wonderful for them. https://www.independent.co.uk/climate-change/news/phone-electric-vehicle-congo-cobalt-mine-b2277665.html Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 3 minutes ago, Highmark said: How wonderful for them. https://www.independent.co.uk/climate-change/news/phone-electric-vehicle-congo-cobalt-mine-b2277665.html yep oil would be refined into gas without those kids doing that mining. Cobalt is critically needed component to refining oil But Artisanal mining practices produce so little of the global supply of cobalt and ever decreasing amount as companies are more and more tracking the source of materials. Especially in the US as it is tied to provisions in the IRA. The results show that, while total DRC cobalt mine production grew from 11,000 metric tons (t) in 2000 to 98,000 t in 2020, artisanal production only grew from 1,000 to 2,000 t in 2000 to 9,000 to 11,000 t in 2020 (with a peak of 17,000 to 21,000 t in 2018). Artisanal production’s share of world and DRC cobalt mine production peaked around 2008 at 18 to 23% and 40 to 53%, respectively, before trending down to 6 to 8% and 9 to 11% in 2020, respectively. Artisanal production was chiefly exported to China or processed within the DRC by Chinese firms. https://www.usgs.gov/publications/china-democratic-republic-congo-and-artisanal-cobalt-mining-2000-through-2020#:~:text=Artisanal production's share of world,the DRC by Chinese firms. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 Also artisanal miners live much better than the majority of the rest of their countryman and women and children. If parents bring their children in on the family business it is no different the a US farmer using his children as cheap labor in a dangerous industry. In Eastern Congo, a couple, typically parents sustaining a household of six members, working full-time in artisanal mining can earn around US$ 202 per month, but with four dependents, they would need around US$ 243 to cover the expenditures for the basic needs of the family. Still, ASM is one of the best sources of income in Eastern DRC, especially for populations with limited education or qualifications, who do not own land or other assets. Miners seem to be significantly better off than other populations in DRC, where 73% of the population live below 1.90 USD per day. In comparison, miners can make 2.7 – 3.3 USD per day. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted October 13, 2023 Author Gold Member Share Posted October 13, 2023 Exponential growth in electric vehicle (EV) sales is transforming the auto sector faster than currently predicted, with EVs set to dominate global car sales by the end of the decade, putting at risk nearly half of worldwide oil demand, according to new analysis by RMI. https://cleantechnica.com/2023/09/16/evs-to-surpass-⅔-of-global-car-sales-by-2030-putting-at-risk-nearly-half-of-oil-demand/ 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 13, 2023 Share Posted October 13, 2023 What kind or vehicle started this? 1 Quote Link to comment Share on other sites More sharing options...
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