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Yes , it's all about the feeling . Just don't mention all the mining and processing of toxic materials that were required to make your EV's and your panels.
@Leo555ZZZ Do you use mobile phone and electrical appliances? If you do, why don't you feel guilty about how they are produced? Also, are ICE cars made of wood? If not, how can you be sure that their manufacturing processes are clean?
@@Leo555ZZZ Oh, and gasoline magically comes out of the ground without any mining or processing, for zero environmental impact? China's air and water got cleaner as they shifted to green tech. Don't let perfect be the enemy of good, much less great.
Forget about which brand or which country of origin or whether you care about the environment. EVs are a hell of a lot cheaper to make, more reliable and require far less maintenance. They’re here and they’re not going away.
I´ve been hearing that story of "cheaper to make" for 10 years now. They are quite more expensive to buy. And as far as "cheaper to run" it´s true for the EU - but only because ICE vehicles are taxed the hell out of them: to buy, to hold, to drive and - just for the time being - EVs are not (yet) and exempt, even for parking fees. Government revenue - just for tax on petrol - are $55 billion in Germany and $28 billion in the UK
I'm 68 yo and just bought my first ev, a Tesla Model Y with fsd. I am completely blown away. I will never buy another fossil mobile. And fsd is scary good. I never realized how bad my driving was till this car drove me around Albuquerque. It makes fewer mistakes than I do and is smooth as silk. Be prepared for change people. If they can make a car drive this well, what can't they do! All repetitive jobs can be taken by robots in short order. Society is about to change big time.
Our first EV was a Fiat 500E for my wife to drive around town. It is perfect for that, very quiet, good torque, just a bit expensive. I now have a Lucid Air Touring, which is a fantastic car for long travels. We charge mostly at home, which is very practical. Never had any issues with charging on the road. I won't go back.
Been driving EV's since 2014, finally scraped up enough to buy a Tesla MYLR with AP a couple of years ago, like you we were charging off our own solar (in between homes at present) and the feeling was wonderful. I cannot wait to get FSD here in the UK as at 71 I know my driving isn't as good as it was, still okay but FSD will extend our independence well into our 90's.
I am of the same age and am on my 2nd Tesla and gone through the complete migration of FSD for over 2 Years! FSD is nearly there now and I thought two years ago that it would take 5 more years to get as good as it is today. I was wrong! At 68, I at least have the piece of mind knowing that as my driving skills decline along with my advancing age, that I will NOT lose my mobility FREEDOM! How much is this worth? A lot$$$$$$$$$$$$$$$$$$$$
No they don't. In Australia they are all priced to just undercut Tesla so they are much more expensive than petrol cars. Sure the MG crappy ones are slightly cheaper, but we should be getting Zeeker etc for $40000 not $60000.
It really doesn’t matter if it will happen in 2025, 2026, or 2027. It is happening, that’s what matters. What will ICE makers do to save themselves? They are selling a lot less cars than before and they will sell even less in the future. They can’t increase prices anymore. So they will consolidate and cut prices and guess what? That’s a death spiral. Do you know any company surviving while selling less units for a loss? All the while EV makers will grow with cheaper and better cars. 3rd world countries will adopt EV’s not ICE. Best to welcome change than fight it.
That's ordinary capitalism. If you can't compete, you lose. Also, the US defense industry does just fine selling fewer units at higher prices, as the US government just prints more money to pay for it.
The more the legacy automakers are delaying to go fully EV the more they are signing their own obituaries. In developing countries where there is a robust second hand car market it will just be a matter of time before most of the used EVs start trickling in.
Well 3rd/developing world countries often have load shedding. No electricity for 8/12/18 hours a day. Yes they can possibly use solar for a good part of the year. Except for issues of theft. Razor wire bedecks many panels either to keep wildlife off or thieves. They will have to go EV but it is going to be anything but smooth.
The key number 1 issue is price. Sticker price. Forget everything else. Once BEV price goes below ICE by a significant margin for an equivalent car, then we'll see people make the jump. MG4 is cheaper than a Toyota corolla hybrid. It's selling very well. And that's despite having far less range.
Sticker price is not the be all and end all. Many people are smart enough to comprehend the total cost of ownership, particularly businesses. Pay more upfront but save day in and day out by avoiding fuel costs and maintenance costs. EVs only need to get close to the upfront capital cost to buy a car and most people will convert. They don't need to be "below ICE by a significant margin". Only idiots would wait that long.
@zoransarin5411 When the sticker price goes below ICE for all vehicle types, then EV sales will rocket past the 20% inflection point on the S curve. I stand by that. Yes businesses and smart people think long term. Most people don't though.
@@zoransarin5411 That's fine if you can afford to pay more upfront, but many can't, so they buy cheaper sticker price even if they know it will cost more in the long run. We also need to see better charging infrastructure before the masses will take to EVs. Current charging siutation might be fine for some, but others will need to see it get better before they are willing to move away rom what they know.
The US is removing its tax incentive to promote its EV industry and will focus once again on rolling back internal combustion efficiency standards. Don't ask me why. Something about being great again. Meanwhile, the Chinese govt fully backs its EV industry, since they are bright enough to see which industries will be relevant in the future.
US goes backwards again with tariffs to keep obsolete and expensive ice. That's why China will soon rule the 21st century. Can't Fix Stupid Trump and conservatives
China is backing EVs because you can't breathe the air. The US does not have that problem. Therefore, we are not in such a big hurry. We will get there eventually. But we aren't going to jam it down people's throat.
The Indian EV marketshare of 7.5% is NOT cars! Electric cars are at just about 2% of new car sales in India. It's mostly 2 wheelers and some 3wheelers and buses. Electric scooters from Ather, Bajan, and TVS are catching on.
I don’t think there should ever be a government hand out for anything. EVs are getting cheaper every year, except the OLD OEMs. There is no need to. There is better places to spend government money, or just tax us less.
Predictions made in 2014 by Tony Seba about cost/price factors relating to clean energy (in his book Clean disruption) have ALL come true. Get a copy, see what he said 10 years ago, and then look at how it all panned out. He proved correct on all metrics he discussed.
@@brunosmith6925 I watched that video in 2014 and was amazed at the predictions he was making. I thought they were ambitious at the time, but by 2018 even, you could start to see what he saw 4 years earlier. That was the catalyst for me purchasing Tesla shares in 2018. I owe Tony a lot for his insight.
I would disagree. An expert making predictions based on historical trends and by connecting the dots of various bits of information, which alone seem irrelevant, but combined reveal more of the jigsaw puzzle, will give you pretty good predictions. As mentioned by @brunosmith6925, Tony Seba in his 2014 video made a number of predictions about solar, wind, energy, EVs and transportation that are all coming true. His speciality is disruptive technology. So he is a better expert than the auto expert, who is blinkered in his understanding of anything other than ICE cars.
Just a quick FYI, the audio levels seem too high in many of these (to the point of distorting). I always have to turn the volume way down compared to others. Other than that, I appreciate your videos. 🙂
I believe we are moving along toward EVs just fine here in the US. We don’t need government incentives, just more good cars and trucks. Any faster transition will just cause trouble with changing stations and our electric supply. Best focus for the environmental effects is to get rid of all coal power plants!
I've just been watching the Connecting the Dots episode on why Legacy Auto are screwed. They had a cosy cartel, where they agreed that no company would leapfrog with new technology - so they stagnated. Great for the well-paid Union workers, and for the well-heeled execs with their port and cigar meetings... When Tesla came along, they had no response - they were hypnotised by their arrogance. When the Chinese came along, they were totally caught with their pants down...now bankruptcy is looming for many of them...
In my 80's & awaiting delivery of a replacement (upgrade) to my Kona EV. Drove ICE as part of my employment for 26 years. Wish EV's were around at that time!
Well, the Chinese EV's are the only ones that are affordable (and good). None of the legacy car makers are willing to give us that, they keep making their EV's "Premium" and pricing them crazy high.
USA is lagging way behind: 7.5% for BEVS the past couple of years, past few months around 8.5%, probably will stay around 8 to 9% for quite a while. Hybrids are a lot more popular here. No cheap EVs yet.
The $7,500 tax credit was a significant incentive in my purchasing a Tesla Y - that is a big pop of money for a lot of people who owe money on April 15th.
In all honesty i would never ever buy a car from a Musk company. The guy is demolishing the U.S. democracy and enriching himself over the backs of Tesla workers. Yikes!
In 1991 GM had 750,000 employees, now they have 193,000. That is a loss of 557,000 jobs. So tell me again how VW reducing by 35,000 indicates collapse rather than adaptation.
GM collapsed in market share since 1991. So an excellent comparison. VW has plummeting sales, in particular in China where they, as noted in video, are losing half their profits. Their layoffs are behind the need to cut costs.
1991 and now 2025ish, that is about 34 years, and about 16000 a year. Anyway, that 35000 figure is evidently spread over time, but will not save them unless they change the way they make vehicles. A recent video I saw showing the VW factory in operation was for me depressing to say the least, everything seemed to be happening in slow motion.
In Germany it is almost impossible to sack/dismiss anyone. The 35000 jobs is a huge deal and can only be done by closing factories. They probably also have to prove that they cannot retrain or redeploy those staff elsewhere.
I have a model Y . I live in Pennsylvania. I love your channel. US citizens are slow to change unfortunately. I love my Y and no one cares. I’m electric ⚡️ for life I am so looking forward to the future. I hope Trump softens on Tarrifs. He’s hurting Americans by not allowing them to buy an affordable car. Inflation in Europe and the US has been awful.
China is past the tipping point for NEVs, has been for at least a year, maybe 2 years now. This is why US and EU automakers are running scared, while China is taking share and displacing them globally. The US will see the tipping point delayed to the extent that Chinese EVs are denied access to the US market. The EU is looking at a consumer revolt as it's too late after affordable Chinese EVs got into consumer hands.
11.9 percent EV by 12/31/25? Without tax incentives? Maybe, maybe not. However I do agree with you that ICE car makers are in deep doo doo. Whatever happens 2025 will be very interesting for ALL automakers. Happy new year to you and your family, Sam! 🙏🙏😊😊
In the UK many hybrids are not plugin. Those which are, most never get plugged in. The owners do not understand them and due to the increased complexity are in for a world of expensive hurt down stream.
If they drop the price of evs as battery prices drop I’m not sure that the loss of the incentive will matter but having it will be like adding fuel to the fire.
Trump has to compete with China on EV tech and create a supply chain in North America . It is likely Chinese battery and refining companies will enter US and possible that GM and Ford will create some type of joint venture with Chinese EV companies . It’s possible that Canada and USA will create a joint supply chain and work together . We are looking at a very interesting 2025.
The decision by the EU and European governments to undermine the automotive industry does not inherently prove that electric vehicles (EVs) are superior by design.
Hi Viking, thank you for all that Contest. One thing is vastly wrang: Insolvencys in germany Are Not at all on a high Level, just nearing normal Niveaus we were used to in the 2000er - the 1990s were hostriv Peak far higher than now.
There is something wrong with the automotive supply chain in general (not just EV tech). Prices have gone up way too much and that with higher interest rates is causing a crash in sales in the US, EU and elsewhere. The idea that any sales are about to take off in these markets is preposterous.
That’s just the normal economic cycle happening. Government money handing: too much too fast, then too little too slow, etc. Nothing we can do other than watch and vote.
I’m assuming this was meant to be a sarcastic awakening question. But for those who don’t know, there are pie charts published for most nations that show how much coal is being used still. It’s terrible.
An incumbent industry tips into decline when a competitor takes all the new growth. Can take as little as 5%, as investors look for growth, not just revenue. We are seeing this with fossil and renewable energy. Worldwide, 10% are EV, including plug-in hybrids.
I was curious as to what the 2025 BEV prediction was based on, and halfway through the report we finally get it - if car manufacturers don't achieve the government targets they face massive fines unless they buy carbon credits from Tesla. So they will have to sell a lot more BEVs. Just think about that. In order to avoid massive fines they must sell more BEVs. I'm sure they would love to sell a whole lot of them, but I detect a tiny flaw in the plan. How do you make consumers buy something they don't want? If the UK is a barometer to the future (and I believe it is because the UK mandates are more front loaded than other countries), car manufacturers, on facing stiff resistance from consumers will register unsold BEVs near the end of 2025 to massively boost their "sales" figures as well as hold back ICE sales for 2026. I predict that in the UK, 2025 will indeed be a tipping point. Not because they sail past some magical sales milestone, but because the industry will fail to meet the mandated target. In fact I predict since they have already held back ICE cars from 2024 to artificially boost the BEV/ICE ratio, 2025 will be a bust. King Canute would have understood, lol!
The biggest competition faced by the Chinese EV brands are themselves. The legacy auto makers' demise amidst that competition is just going to be a footnote for posterity.
69.43% of statistics quoted on the internet are fictitious. One survey I saw said 90% would NOT go back to gas burners. The data on tradeins in California showed almost everybody traded in for another EV. Ben Sullins has videos explaining the data.
Thanks- great discussion. We have a 5.3 year old Tesla, which has always been and continues to be fabulous, and continues to improve with regular over the air updates. We also have a diesel SUV- which is “out of the ark” in comparison. My wife and I hate driving that car now. One thing for sure- I’ll NEVER EVER buy another ICE car.
If the diesel is old enough not to have computers in it then tuck it away. The chance of war is reasonably high. The most likely against the US would be biological. Enough people will run around not wearing masks etc. that well over 50% of the population could die (assuming a reasonable IFR). The second most likely is an EMP weapon. All electronics would break. No power grid, no modern ICE cars or EVs. Old ICE cars would work especially diesels which can run on veg oil. Even if your old SUV has an ECU then take it out, wrap it in ten layers of copper sheeting and in a metal box, even underground, that should protect it enough to work for a while.
Great analysis, thank you! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Is this the same S&P that completely and utterly failed to predict the economic woes of 2008 ? I suppose that, if they put loads of predictions, they will be correct occasionally.
The writing’s on the wall mate - they are better, cheaper to manufacture, far more reliable, easier to drive, better performing, the list goes on. Even at 4 wheel driving they are better. Drive one and see for yourself.
These EVs were going to drive the growth with US grid, but not anymore. Data Centers are way hungrier for power. We’re doomed to having high voltage wires everywhere if we don’t plan better.
EV growth is sooo slow that we have plenty of time to plan for it. It's data centers, cybercurrency miners, AI that is suddenly taxing the grid. If we slow the production of gasoline it will help. And V2G can stabilize it.
The next several years will probably decide which EV companies have the fully fit engineering operations and business models to survive over the long term. States, likewise, are going to have to decide which big legacy players, if any, should be bailed out and the terms for those bailouts.
An extended range EV is a good choice. BYD Dual Mode has typically 100+ km on battery and 500+ km petrol. If you have rooftop solar, you might drive 90% or more on battery, so the petrol motor hardly wears.
The thing is, whoever will sell now will sell to someone else who will make a loss… So it's not very useful to say to "people" to sell on the basis of "they will lose money". Someone has to take responsibility for their misplaced trust.
If it was sunny here like it is in Aussie it might be worth it, but rains and is cloudy and snowt here . Hydro rates are way too high and insurance for an ev is also too much to make it worth buying one . Over 600 Teslas for sale on the local market at 25% of original price , nobody wants them . Drive less and ride a e bike makes way more sense .
You've missed a couple of key variables and an opportunity. It isn't just how big the EV incentive is, it is also the size of the ICE disincentive, I'm in the UK Petrol is taxed as a luxury good, there are some countries outside Europe where it is subsidised. There's also the issue of driveways, yes there are people using public chargers and wires illegaly stretched over pavements, but people with off street parking are more likely to buy electric. Lastly, buying EV credits from Tesla is not the only option,I suspect we are going to see some Chinese EVs enter Europe rebadged as legacy auto makes.
@@narrowboatlongpod4176 Oh I know that Chinese companies have bought the MG and Volvo brands. I was thinking more of companies that still make cars in Europe, rebadging a Chinese EV as an EV from Fiat, Nissan, Skoda or Seat...... Smart way to meet the emission rules.
You keep talking about China. In the uk EV sales are stagnant and even falling. The US and Europe are talking about putting tariffs on Chinese vehicles and batteries.
That 7.5% for India may look small just because it's single digit. But it's not far away from America's 11.2%. If Washington and their pets keep dragging their feet, India's BEV market share can easily overtake them in a couple of years. And that's no mean feat considering India's population size is three times that of the US.
You don't need to be an expert. Google phase out of fossil fuel vehicles. ICE cars have a used by date and for the biggest auto market in the world (China) it is 2035. So it most of Europe. So is California. That means if you aren't making EVs in 2035, you will be selling far fewer vehicles and likely shrinking or going bankrupt. It's not really a prediction. Most governments around the world want to reduce emissions and are legislating that way for the energy industry and transport industry. The prediction is really about what happens in any particular year between now and 2035.
Canadian and American car sales have crashed. It is pretty tough for a working class person to lay down 40 grand for a new car. The Germans at 60 grand a car are already dead. I have 300 thousand klm on my pickup truck and have no plans to replace it. Anyone out there with 300 klm on their EV without a major breakdown. I would be interested to know if they last that long.
When in the near future there will be only charging stations and no gas stations , where are you going to get oil for your heap? pump oil from your back yard?
@@StephenRoss-po1rp When everybody goes from ICE to EVS , like they did last century from horses to automobiles . how long did that take once cars were afortable ? not very long.
2035-2040 is my swag. The number of available fueling stations here in America has declined sequentially for well over a decade now! With over 800,000 people running out of fuel annually (making it the #1 roadside rollout per AAA. With the iea claiming that 20% or more of existing oil refineries will be insolvent by or before 2030(and the iea is a notoriously conservative org. And China's largest oil producer sinopec having said oil for road transportation peaked over there earlier this year? I I'd say they'll be eliminating gas stations sooner than 2030 and we will trail them by 3-5 year's. I see gas at $8 a gallon none inflation adjusted by 2030 here as global its already well over $6 a gallon outside America. Everyone else shutting the pumps down will collapse the industries good times drill baby drill bs. And the us will not be immune in anyways. I see $5+national average to end 2025 and $6 by 2026 for us gas per gallon.
@arthurlenko9598 I do not doubt for a second that electric cars are going to take over. But I live in Canada, Edmonton Alberta. I use my truck to go to the North West Territories. Mckenzie River Valley, where the road ends. Over 1600 klms north of Edmonton. There is a town with 120 people or so in it. I lived there for many years. Winter time -40 is not uncommon. I am not looking for charging stations, but I have never seen one. Nor have I seen an electric car north of 60 degrees latitude . There are not a lot of people there, but we do have roads, and a lot of them still have gravel. So if you have a heavy vehicle, you need 8 ply tires. Can an electric car drive from Ft Wrigley to Yellowknife 850 klms 30% gravel in January? I do not know, but if they can not, then they are useless for me and the entire Canadian north. So when I hear gas will not be available, I begin to think this transition to electric vehicles was poorly conceived and will run into trouble.
The EU is for free markets - as long as the EU makes a profit or is able to set a political agenda - otherwise they have high/strict tarif and non-tarif trade barriers. They thought their home industry would expand and go global with EVs. They did not have the time to re-assess if now they are loosing their industry and jobs or not. In my view the global car market will grow exponentially - both EVs and ICE - as they move away from traditional markets in the EU, the USA, Canada, Australia and go to emerging nations in Asia, India, South-Amerika and Afrika. The old and classic markets have been replacement purchases in saturated markets, often motivated by tax incentives for companies. Now we have first-time car buyers as manufacture is creating richness in China, India and the rest of the world. I expect the global share of EVs as total of existing cars to go to 30% - much later to 50% maybe. This means 50%-70% of sales remain ICE cars. When all the hype, tax incentives and maybe prohibitions are gone the better technology will prevail. Imho the best of all worlds is always to have a reasonable mix: be it a portfolio, be it how a country and a house is powered or be it cars on the road. I don´t like to put all eggs in one basket.
if we don't care for the environment and move to cleaner technologies then we may not have any chickens and you won't have to worry about where to put them.
It's neither 5 nor 10, it's 20. Inflection point is 20% on the S curve. Current 2024 BEV proportion is 14-18% depending on your sources. If 2025 hits 20% then yes, this will be the point. But the real disruption will be 2026. That's when the rocket from 20-80% will start.
There has to be world war 4 before i buy my next car as ptrol. I have a 13.6 kw pn my roof and i get pais 3c pe kw selling to gridm it produces around 130 kw a day on a good day and i onlybuse aroubd 12 - 20 kw on average. Everyrime im in the pertrol staion i fewl lile chucking monwy away. Im waiting for for Xpeng g9 or zeeker x7
Study the second and third laws of thermodynamics. Then study some business principles and finally and most importantly study politics and how to manipulate the public into helping to pay for others fantasies.
1. USED.. 2. TCO and ROI. 3. Most critically, the CREDIT to obtain said car. THAT is your chokepoint. TCO is still too high. Total Cost of Ownership. IE, paying for that $100K Electric car, in the first place. Lets see how those first FLEET sales do, with regards to resale. Meaning, will I get screwed when it is trade in time.
EV subsidies exist solely to bailout legacy auto. Their execs sat on their hands while the world passed them by. A dedicated AI can now realistically replace all of them! Sam how many execs in major USA legacy auto compared to Tesla? 🤔
There are more models than Tesla, you know. And your ICE car will suffer the same fate in an EMP attack. Then again, we're all screwed if that happens.
Here's my take, EV's are a very controversial subject in this country. In the East and Left coast where you have heavily populated cities, EV have some popularity, but when you go out of those cities and get into the more rural areas, like most of this country, EV's are a curse word, hate 'em, don't want one, won't EVER buy one, and yes, they are hated that bad. Here in my 'oil country' Oklahoma, you can't hardly sell one. In Tulsa, a fairly good sized city of a population of 413 thousand, I have only seen no more than a dozen EV's in my often trips in it for various reasons. Lately I'm surprised to see 3 Cyberfrucks of late, knowing how few there are of them, rightly so, with all the problems that they are experiencing. I don't care how the rosy predictions go for selling those electric self emolulating cars gets, the public in this country won't get used to them as you EV nuts claim, and why the real sales numbers out there won't make you wake up and smell those roses, I don't know and don't care. The numbers of complaints and downsides reported from the honest owners of them tell you the truth, they ain't ever gonna sell in this country. That number of 20% to me is a little on the high side of the sales of them, and just like that outgoing admins, it's full of lies, pure and simple. Which brings up another wake up call, what are you gonna be yelling when Trump pulls the plug on that sutp-d mandate, cry some more and cuss him? Don't cuss him, cuss the rest of us out here that wants him to do that and are 100% behind him. So this country's car future looks mighty dim, EV's won't sell, too high dollar new ICE tech ridden cars and trucks won't sell, not just prices, but the horrid lack of quality and construction of these new vehicles. You know when Toyota starts having recalls, the car industry is in real bad shape. So where does that leave the public? I predict right now they are gonna hold on tight to what they are driving now if it's not giving too many problems, and figure that replacing that old engine or wore out tranny is way, way cheaper than plunking down 50 or more grand for a vehicle that the engine will self implode or the trans will quit pulling and shifting shortly after you drive it home from the dealer. Of course this will start driving up used car prices, but there are million of them out there and I don't see them pushing the prices up to today's new car sky high level. It's gonna be a very interesting year and I'm not worried, I'm retired, my Chinese assembled with GM parts '17 Buick Envision with 105K on it that hasn't had one tiny problem yet, is gonna be the only wheels we drive for many more years. Hey, I'm the guy that put 800K plus on an '84 Toyota diesel pickup, so long I had it that the box frame rusted in two under it, and I wish that they still put out that build quality. Oh well, my only thought is that I hope that if I ever need any parts for it, GM has them over here as the 'orange guy' is gonna cut that supply off, whoopee. it will be a long time before I need any anyway.
"Don't trust what you see outside your window. Trust what I see outside my window.". Ok bro. Teslas are hard to sell in OK because it is literally illegal to sell them direct from manufacturer, which is how Teslas are usually sold, since there are no dealerships. What real sales numbers do you mean? The ones showing EVs growing YOY? Q3 of 2024 had EVs at 8.9 percent of vehicle sales, the highest number so far.
The VW Group just purchased 9.9% of a lithium deposit in Quebec/Canada (Patriot Battery Metals). So, either they are planning to focus on EV’s, or now exploring the AAA battery market as an alternative business activity. No need for you to verbally abuse some of your viewers. Like it or not, ‘porches' will be continued to be made and bought.
Oh really,? EV's amount to 8% of the vehicles on the road today, which in real numbers mean that of the 312 MILLION vehicles on the road now, EV's make up only about 25 million of those vehicles, and the ICE numbers will increase 36 more millon cars by 2030, and you still say tha legacy auto is screwed? They are having trouble selling their over priced tech bloated ones today, but I saw some smaller ICE trucks with no big screen on the dash, with 5 speed manual transmissions and crank up windows in them here on YT for the near future We're going back to the future and getting out of this stup-d EV era
Complete nonsense this channel spews. EVs are not and never will be cheaper than ICE (at current gas prices). Sure, in the first few years of ownership or 100,000km, the cost $/100km is lower. But ownership over the long run, every manufactured thing has a mean time to failure (MTTF) with really restrictive right to repair on EVs, forget it. Even if EV sales would surge because of great propaganda like this channel, the market would correct this nonsense by a sudden demand for used ICE vehicles.
My god 😂.. He's only talking about every place like China and Australia and other places sales are going up.. because they have Chinese EVs.. you watch 2025-2026 EV sales in the United States will not be good.😂
I am not a financial genius but I believe it is cheaper to drive a paid off ICE vehicle than buying a new EV. Mr. Viking appears to think everyone can just go out and buy new cars.
silly comment. All of the talk about the global car market is about the purchase of new cars. It is about people buying a new car. Nothing to do with you continuing to drive your old ICE car and not having any desire, interest or finance to buy a new car.
In Australia electric car sales have stalled at less than 10% and are now in decline.. Only in China are EV sales increasing at a reasonable level . The rest of the world is a very different story.
This situation will change dramatically over the next few years when more and cheaper EV brands hit Australian shores. I live in Australia and a number of my friends have already switched to EVs. I don’t believe that EV sales are in decline in Australia.
AUS at 9% BEV market share and hardly growing this year and thats with cheap Chinese cars available and heavy Tesla discounting. Tesla DOWN 20%+ here. A lot more incoming new Chinese brands in 2025. So the next 2 years will tell a story . A good example of an OPEN, hugely diverse western market. IF BEV isn't at 20%+ here in two years...........maybe its just a good choice for some people then? Time will tell.
Just because we are being forced into EVs it doesn’t mean it will be good for us. Time will tell. It should be allowed to grow on its own so any unforeseen problems can be fixed like power supply ??
I charge my car on a 240v/20a circuit, 3.5kw, at home. Only takes 2 circuit breaker spaces. And is less load than the oven and the clothes dryer. What’s really needed are more 4-10kw chargers at people’s places of work where their cars sit for 9-10 hours at a time.
@@kng128 How is having chargers at people's workplaces supposed to work? Won't you need one for every car, if they are slow charging? You would have to place one at every parking space, or have the Employees dragging cables around from some central position to plug in before they start. Yes, it's a great idea to have people charging their car while they are at work, but it doesn't seem to be practical.
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We have solar, charger and two EVs at our Perth home. Seeing and experiencing EVs powered purely by the Sun, the feeling is amazing!
Yes , it's all about the feeling .
Just don't mention all the mining and processing of toxic materials that were required to make your EV's and your panels.
@Leo555ZZZ Do you use mobile phone and electrical appliances? If you do, why don't you feel guilty about how they are produced? Also, are ICE cars made of wood? If not, how can you be sure that their manufacturing processes are clean?
@@Leo555ZZZ Oh, and gasoline magically comes out of the ground without any mining or processing, for zero environmental impact? China's air and water got cleaner as they shifted to green tech. Don't let perfect be the enemy of good, much less great.
@@Leo555ZZZ Yes because fossil fuel mining and extraction has none of that.🙄
@@thethirdman225 His point is that EV's may be worse for the environment, after evaluating the unseen impacts.
Forget about which brand or which country of origin or whether you care about the environment. EVs are a hell of a lot cheaper to make, more reliable and require far less maintenance. They’re here and they’re not going away.
I´ve been hearing that story of "cheaper to make" for 10 years now. They are quite more expensive to buy. And as far as "cheaper to run" it´s true for the EU - but only because ICE vehicles are taxed the hell out of them: to buy, to hold, to drive and - just for the time being - EVs are not (yet) and exempt, even for parking fees. Government revenue - just for tax on petrol - are $55 billion in Germany and $28 billion in the UK
@@SunshineShanecheaper than a Corolla in NZ now.
That is good news. Just we can't get at affordable prices in the US, Canada or Europe @DavidBridgman-hy8ib
@@SunshineShaneMG4 cheaper than Corolla in Australia
@@DavidBridgman-hy8ibnot to make
I'm 68 yo and just bought my first ev, a Tesla Model Y with fsd. I am completely blown away. I will never buy another fossil mobile. And fsd is scary good. I never realized how bad my driving was till this car drove me around Albuquerque. It makes fewer mistakes than I do and is smooth as silk. Be prepared for change people. If they can make a car drive this well, what can't they do! All repetitive jobs can be taken by robots in short order. Society is about to change big time.
By the way, I just charged my Tesla with my own off grid solar system. I am driving on pure sunshine,
Our first EV was a Fiat 500E for my wife to drive around town. It is perfect for that, very quiet, good torque, just a bit expensive. I now have a Lucid Air Touring, which is a fantastic car for long travels. We charge mostly at home, which is very practical. Never had any issues with charging on the road. I won't go back.
Been driving EV's since 2014, finally scraped up enough to buy a Tesla MYLR with AP a couple of years ago, like you we were charging off our own solar (in between homes at present) and the feeling was wonderful. I cannot wait to get FSD here in the UK as at 71 I know my driving isn't as good as it was, still okay but FSD will extend our independence well into our 90's.
I am of the same age and am on my 2nd Tesla and gone through the complete migration of FSD for over 2 Years! FSD is nearly there now and I thought two years ago that it would take 5 more years to get as good as it is today. I was wrong! At 68, I at least have the piece of mind knowing that as my driving skills decline along with my advancing age, that I will NOT lose my mobility FREEDOM! How much is this worth? A lot$$$$$$$$$$$$$$$$$$$$
Finally a baby boomer that gets it!!
I am 70 years old, bought my first ev last year, an ev6. Never, ever going back to ice again. What an great car. Happy to live in these amazing times!
What most people want is reliable transportation from point A to B at the lowest cost. Evs fit the bill to a T.
Exactly 💯%
No they don't. In Australia they are all priced to just undercut Tesla so they are much more expensive than petrol cars. Sure the MG crappy ones are slightly cheaper, but we should be getting Zeeker etc for $40000 not $60000.
Notice I say Priced rather than cost to build. I suspect us Aussies are getting ripped off as usual
Until it performs self-immolation in seconds with you trapped inside of it, that is..
@@gavinprowse6684 yep, and this is the reason why EV sales are still under 10%. Once market forces come to bear then we'll see some fairer prices.
Never ever driving an ICE car again, EVs are our future, Legacy Auto in Deep Trouble in China , dont ignore China.
It really doesn’t matter if it will happen in 2025, 2026, or 2027. It is happening, that’s what matters. What will ICE makers do to save themselves? They are selling a lot less cars than before and they will sell even less in the future. They can’t increase prices anymore. So they will consolidate and cut prices and guess what? That’s a death spiral. Do you know any company surviving while selling less units for a loss? All the while EV makers will grow with cheaper and better cars. 3rd world countries will adopt EV’s not ICE. Best to welcome change than fight it.
Read my real long post at the top of this thread and you won't feel the same way about it
That's ordinary capitalism. If you can't compete, you lose. Also, the US defense industry does just fine selling fewer units at higher prices, as the US government just prints more money to pay for it.
The more the legacy automakers are delaying to go fully EV the more they are signing their own obituaries. In developing countries where there is a robust second hand car market it will just be a matter of time before most of the used EVs start trickling in.
Well 3rd/developing world countries often have load shedding. No electricity for 8/12/18 hours a day. Yes they can possibly use solar for a good part of the year. Except for issues of theft. Razor wire bedecks many panels either to keep wildlife off or thieves. They will have to go EV but it is going to be anything but smooth.
The key number 1 issue is price. Sticker price. Forget everything else. Once BEV price goes below ICE by a significant margin for an equivalent car, then we'll see people make the jump.
MG4 is cheaper than a Toyota corolla hybrid. It's selling very well. And that's despite having far less range.
Sticker price is not the be all and end all. Many people are smart enough to comprehend the total cost of ownership, particularly businesses. Pay more upfront but save day in and day out by avoiding fuel costs and maintenance costs.
EVs only need to get close to the upfront capital cost to buy a car and most people will convert. They don't need to be "below ICE by a significant margin". Only idiots would wait that long.
@zoransarin5411 When the sticker price goes below ICE for all vehicle types, then EV sales will rocket past the 20% inflection point on the S curve. I stand by that.
Yes businesses and smart people think long term. Most people don't though.
@zoransarin5411 Not Close to the capital cost, below.
Only Then will most, or even >20%, people elect to buy an EV.
@@zoransarin5411 That's fine if you can afford to pay more upfront, but many can't, so they buy cheaper sticker price even if they know it will cost more in the long run. We also need to see better charging infrastructure before the masses will take to EVs. Current charging siutation might be fine for some, but others will need to see it get better before they are willing to move away rom what they know.
Here in the US when Tesla releases it Model 2 and Model Q the gas market dies. Two cars well below 30k when a corolla is 35k.
Media: "NOOO demand for EV's!"
😂😂
Media infiltrated by the oil industry and repeating their lies.
The US is removing its tax incentive to promote its EV industry and will focus once again on rolling back internal combustion efficiency standards. Don't ask me why. Something about being great again. Meanwhile, the Chinese govt fully backs its EV industry, since they are bright enough to see which industries will be relevant in the future.
US goes backwards again with tariffs to keep obsolete and expensive ice. That's why China will soon rule the 21st century. Can't Fix Stupid Trump and conservatives
China is backing EVs because you can't breathe the air. The US does not have that problem. Therefore, we are not in such a big hurry. We will get there eventually. But we aren't going to jam it down people's throat.
We don't know that yet. Just Trump talk.
Trump lies - news flash, I know. He’s not really president, Elon is.
@@tireddad6541 Trump is an imbecile and wannabe dictator. I am thoroughly ashamed to be an American.
The Indian EV marketshare of 7.5% is NOT cars! Electric cars are at just about 2% of new car sales in India.
It's mostly 2 wheelers and some 3wheelers and buses. Electric scooters from Ather, Bajan, and TVS are catching on.
I don’t think there should ever be a government hand out for anything. EVs are getting cheaper every year, except the OLD OEMs. There is no need to. There is better places to spend government money, or just tax us less.
When it comes to predictions about the future there is no such thing as an expert.
Predictions made in 2014 by Tony Seba about cost/price factors relating to clean energy (in his book Clean disruption) have ALL come true. Get a copy, see what he said 10 years ago, and then look at how it all panned out. He proved correct on all metrics he discussed.
It's already here! The prediction was right but faster than the predictions
There are many "experts", some get it some don't. It's a 50/50 hit or lost.
And I'll stick with you.
@@brunosmith6925 I watched that video in 2014 and was amazed at the predictions he was making. I thought they were ambitious at the time, but by 2018 even, you could start to see what he saw 4 years earlier. That was the catalyst for me purchasing Tesla shares in 2018. I owe Tony a lot for his insight.
I would disagree. An expert making predictions based on historical trends and by connecting the dots of various bits of information, which alone seem irrelevant, but combined reveal more of the jigsaw puzzle, will give you pretty good predictions. As mentioned by @brunosmith6925, Tony Seba in his 2014 video made a number of predictions about solar, wind, energy, EVs and transportation that are all coming true. His speciality is disruptive technology. So he is a better expert than the auto expert, who is blinkered in his understanding of anything other than ICE cars.
Just a quick FYI, the audio levels seem too high in many of these (to the point of distorting). I always have to turn the volume way down compared to others. Other than that, I appreciate your videos. 🙂
I believe we are moving along toward EVs just fine here in the US. We don’t need government incentives, just more good cars and trucks. Any faster transition will just cause trouble with changing stations and our electric supply.
Best focus for the environmental effects is to get rid of all coal power plants!
I've just been watching the Connecting the Dots episode on why Legacy Auto are screwed. They had a cosy cartel, where they agreed that no company would leapfrog with new technology - so they stagnated. Great for the well-paid Union workers, and for the well-heeled execs with their port and cigar meetings... When Tesla came along, they had no response - they were hypnotised by their arrogance. When the Chinese came along, they were totally caught with their pants down...now bankruptcy is looming for many of them...
So true.
In my 80's & awaiting delivery of a replacement (upgrade) to my Kona EV. Drove ICE as part of my employment for 26 years. Wish EV's were around at that time!
Well, the Chinese EV's are the only ones that are affordable (and good). None of the legacy car makers are willing to give us that, they keep making their EV's "Premium" and pricing them crazy high.
The world goes electric!!🇨🇷😄
USA is lagging way behind: 7.5% for BEVS the past couple of years, past few months around 8.5%, probably will stay around 8 to 9% for quite a while. Hybrids are a lot more popular here. No cheap EVs yet.
EVs are less than 1% of all cars in the USA, due to the large existing base of ICE cars and high prices of new EVs.
until you allow Chinese evs in, you will never have cheap evs.
In England there are registrations. Not necessarily sales. Battery replacement is expensive. Not sure where the cheap comes into it. 🥺
Why are batteries failing in England? Too much salt and fog?
It is much cheaper in the past 2 years. If you have a Tesla the warranty is 100 to 120k miles for the battery.
Hey Sam, the FREE charger is no longer available for a couple of months now - please remove from your tag line. Love your work mate
The $7,500 tax credit was a significant incentive in my purchasing a Tesla Y - that is a big pop of money for a lot of people who owe money on April 15th.
In all honesty i would never ever buy a car from a Musk company. The guy is demolishing the U.S. democracy and enriching himself over the backs of Tesla workers. Yikes!
In 1991 GM had 750,000 employees, now they have 193,000. That is a loss of 557,000 jobs. So tell me again how VW reducing by 35,000 indicates collapse rather than adaptation.
GM collapsed in market share since 1991. So an excellent comparison. VW has plummeting sales, in particular in China where they, as noted in video, are losing half their profits. Their layoffs are behind the need to cut costs.
What % does it represent?
1991 and now 2025ish, that is about 34 years, and about 16000 a year. Anyway, that 35000 figure is evidently spread over time, but will not save them unless they change the way they make vehicles. A recent video I saw showing the VW factory in operation was for me depressing to say the least, everything seemed to be happening in slow motion.
In Germany it is almost impossible to sack/dismiss anyone. The 35000 jobs is a huge deal and can only be done by closing factories. They probably also have to prove that they cannot retrain or redeploy those staff elsewhere.
EV: It’s cheaper to replace a battery pack
Porsche: not on my watch!
Don't worry, you will be able to get a Porsche compatible battery pack from Temu in the not too distant future
@ 🙏
I have a model Y . I live in Pennsylvania.
I love your channel. US citizens are slow to change unfortunately.
I love my Y and no one cares. I’m electric ⚡️ for life
I am so looking forward to the future. I hope Trump softens on Tarrifs. He’s hurting Americans by not allowing them to buy an affordable car. Inflation in Europe and the US has been awful.
FUD. Buy American ( Tesla). Tariff the hell out of China. Our money should stay within network. Don’t buy slave labor cars.
@@walkerdarin2003 Well, you can only go against the "trend" for so long without consequences. BTW, the best and cheapest Tesla cars are made in China.
China is past the tipping point for NEVs, has been for at least a year, maybe 2 years now. This is why US and EU automakers are running scared, while China is taking share and displacing them globally. The US will see the tipping point delayed to the extent that Chinese EVs are denied access to the US market. The EU is looking at a consumer revolt as it's too late after affordable Chinese EVs got into consumer hands.
11.9 percent EV by 12/31/25? Without tax incentives? Maybe, maybe not. However I do agree with you that ICE car makers are in deep doo doo. Whatever happens 2025 will be very interesting for ALL automakers. Happy new year to you and your family, Sam! 🙏🙏😊😊
They're talking shifting the incentives from consumers to manufacturers. Waiting for details.
In the UK many hybrids are not plugin. Those which are, most never get plugged in. The owners do not understand them and due to the increased complexity are in for a world of expensive hurt down stream.
If they drop the price of evs as battery prices drop I’m not sure that the loss of the incentive will matter but having it will be like adding fuel to the fire.
Engine vs battery pack? It’s not just the part that will be cheaper think about the labor involved hooking up and testing a gas engine?
You can swap out a battery a LOT easier than an engine!
@ Yep, that’s a lot of labor and a few hundred opportunities to mess something up.
VW sales were high in a China because almost all taxis in almost all the cities of all levels were VWs. A lot of company cars were VWs and Audis
wow! how things have changed.
Trump has to compete with China on EV tech and create a supply chain in North America . It is likely Chinese battery and refining companies will enter US and possible that GM and Ford will create some type of joint venture with Chinese EV companies . It’s possible that Canada and USA will create a joint supply chain and work together . We are looking at a very interesting 2025.
The sardines (legacies) are getting too complacent under protective tariffs. We need to import some catfish (Chinese EVs).
The reporting of EV sales is a legacy automaker conspiracy?
Of course ! The dying always resort to desperate measures like the US
As soon as the government ev mandates are dropped in favour or electric vehicles, the ev sales will be small
Those not eligible are still selling.
The decision by the EU and European governments to undermine the automotive industry does not inherently prove that electric vehicles (EVs) are superior by design.
Hi Viking, thank you for all that Contest. One thing is vastly wrang: Insolvencys in germany Are Not at all on a high Level, just nearing normal Niveaus we were used to in the 2000er - the 1990s were hostriv Peak far higher than now.
There is something wrong with the automotive supply chain in general (not just EV tech). Prices have gone up way too much and that with higher interest rates is causing a crash in sales in the US, EU and elsewhere. The idea that any sales are about to take off in these markets is preposterous.
That’s just the normal economic cycle happening. Government money handing: too much too fast, then too little too slow, etc. Nothing we can do other than watch and vote.
Where does the energy to charge EVs come from ????!!!
in his case, the sun.
I’m assuming this was meant to be a sarcastic awakening question. But for those who don’t know, there are pie charts published for most nations that show how much coal is being used still. It’s terrible.
Nissan transmission isn't worth replacing, break easy,that's what screwed them
An incumbent industry tips into decline when a competitor takes all the new growth. Can take as little as 5%, as investors look for growth, not just revenue. We are seeing this with fossil and renewable energy. Worldwide, 10% are EV, including plug-in hybrids.
Roughly 2/3 of those NEVs are in China.
Happy new year 2025. It's gonna be a good year for evs and the environment.
We are living in amazing times, thanks for emphasizing this fact!
No link to article in the description mate?
I was curious as to what the 2025 BEV prediction was based on, and halfway through the report we finally get it - if car manufacturers don't achieve the government targets they face massive fines unless they buy carbon credits from Tesla. So they will have to sell a lot more BEVs. Just think about that. In order to avoid massive fines they must sell more BEVs. I'm sure they would love to sell a whole lot of them, but I detect a tiny flaw in the plan. How do you make consumers buy something they don't want? If the UK is a barometer to the future (and I believe it is because the UK mandates are more front loaded than other countries), car manufacturers, on facing stiff resistance from consumers will register unsold BEVs near the end of 2025 to massively boost their "sales" figures as well as hold back ICE sales for 2026. I predict that in the UK, 2025 will indeed be a tipping point. Not because they sail past some magical sales milestone, but because the industry will fail to meet the mandated target. In fact I predict since they have already held back ICE cars from 2024 to artificially boost the BEV/ICE ratio, 2025 will be a bust. King Canute would have understood, lol!
solar v2g will change everything
Can u do a show on Mexico? I heard they are at 1% BEV now but likely to grow.
The biggest competition faced by the Chinese EV brands are themselves. The legacy auto makers' demise amidst that competition is just going to be a footnote for posterity.
70% of EV owners wouldn't buy an EV again
69.43% of statistics quoted on the internet are fictitious.
One survey I saw said 90% would NOT go back to gas burners. The data on tradeins in California showed almost everybody traded in for another EV. Ben Sullins has videos explaining the data.
If I were super rich, I’d buy a Rivian
Rivian R2 coming in 1 year for $45k base price.
Pininfarina Battista , lotus Evija, 4680 Roadster
are they available in Ausi?
Thanks- great discussion.
We have a 5.3 year old Tesla, which has always been and continues to be fabulous, and continues to improve with regular over the air updates. We also have a diesel SUV- which is “out of the ark” in comparison. My wife and I hate driving that car now.
One thing for sure- I’ll NEVER EVER buy another ICE car.
If the diesel is old enough not to have computers in it then tuck it away. The chance of war is reasonably high. The most likely against the US would be biological. Enough people will run around not wearing masks etc. that well over 50% of the population could die (assuming a reasonable IFR). The second most likely is an EMP weapon. All electronics would break. No power grid, no modern ICE cars or EVs. Old ICE cars would work especially diesels which can run on veg oil. Even if your old SUV has an ECU then take it out, wrap it in ten layers of copper sheeting and in a metal box, even underground, that should protect it enough to work for a while.
Great analysis, thank you! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Is this the same S&P that completely and utterly failed to predict the economic woes of 2008 ?
I suppose that, if they put loads of predictions, they will be correct occasionally.
The writing’s on the wall mate - they are better, cheaper to manufacture, far more reliable, easier to drive, better performing, the list goes on. Even at 4 wheel driving they are better. Drive one and see for yourself.
@@jamesgallagher2434 And for towing?
@@PaulGreen-rz4gg Towing long distance through the snow is their weak point. That's 1 in 500 out of the market for a start.
@@gpsfinancial6988 You can drop the snow part, just towing any reasonable distance is their weak point
@@gpsfinancial6988 Towing in general is their weak point
Not in America they don't have the grid 😊
These EVs were going to drive the growth with US grid, but not anymore. Data Centers are way hungrier for power. We’re doomed to having high voltage wires everywhere if we don’t plan better.
EV growth is sooo slow that we have plenty of time to plan for it. It's data centers, cybercurrency miners, AI that is suddenly taxing the grid. If we slow the production of gasoline it will help. And V2G can stabilize it.
Yes the price of EVs are still very very high and when the prices goes down most people will make rhe switch. I'm waitng eagerly for that time.
it already has but you will just have to buy Chinese, which is a problem in the US (but not in the UK - the MG brand does quite well already).
The next several years will probably decide which EV companies have the fully fit engineering operations and business models to survive over the long term. States, likewise, are going to have to decide which big legacy players, if any, should be bailed out and the terms for those bailouts.
Im glad India is at 7% BEV PHEV now
Hello Viking!
Thanks for watching!
Is it really worth to buy a hybrid? Having to bear the maintenance of petrol engine and the electric system. More costly evetually.
An extended range EV is a good choice. BYD Dual Mode has typically 100+ km on battery and 500+ km petrol. If you have rooftop solar, you might drive 90% or more on battery, so the petrol motor hardly wears.
The thing is, whoever will sell now will sell to someone else who will make a loss… So it's not very useful to say to "people" to sell on the basis of "they will lose money". Someone has to take responsibility for their misplaced trust.
I can predict that the Norwegian EV's sale will max increase 7% this year....
😂😂
Makes it 99% ev adoption
EV's may reach almost 1% of all registered vehicles in the U.S. by the end of 2025, if current trends hold.
Norway is the leader. 2025 No fossil fuel cars.
Norway has far more lesser population than China. It's all relative.
Norway sells maybe 10,000 cars a month. China sells 1 MILLION EVs a month.
If it was sunny here like it is in Aussie it might be worth it, but rains and is cloudy and snowt here . Hydro rates are way too high and insurance for an ev is also too much to make it worth buying one . Over 600 Teslas for sale on the local market at 25% of original price , nobody wants them . Drive less and ride a e bike makes way more sense .
switched gas for fsd - cost about the same
You've missed a couple of key variables and an opportunity. It isn't just how big the EV incentive is, it is also the size of the ICE disincentive, I'm in the UK Petrol is taxed as a luxury good, there are some countries outside Europe where it is subsidised. There's also the issue of driveways, yes there are people using public chargers and wires illegaly stretched over pavements, but people with off street parking are more likely to buy electric. Lastly, buying EV credits from Tesla is not the only option,I suspect we are going to see some Chinese EVs enter Europe rebadged as legacy auto makes.
already happening in the UK. MG is just SAIC rebadged. Geely also sell European brands, mainly Volvo.
@@narrowboatlongpod4176 Oh I know that Chinese companies have bought the MG and Volvo brands. I was thinking more of companies that still make cars in Europe, rebadging a Chinese EV as an EV from Fiat, Nissan, Skoda or Seat...... Smart way to meet the emission rules.
I think global BEVs will be 20% by the end of 2025, ie in the month of December.
You keep talking about China. In the uk EV sales are stagnant and even falling. The US and Europe are talking about putting tariffs on Chinese vehicles and batteries.
Are China EVs for sale in the UK? Are they cheaper than all the other cars of same size/type? There are none for sale in the US.
If you get a chance Sam, to see VW sign an drive event commerical. You'll get a laugh
That 7.5% for India may look small just because it's single digit.
But it's not far away from America's 11.2%.
If Washington and their pets keep dragging their feet, India's BEV market share can easily overtake them in a couple of years. And that's no mean feat considering India's population size is three times that of the US.
Scary vids are for Halloween, not for New Years.
We shall see. I’ve seen a lot of experts in their field make bold predictions that don’t come true.
I’d love to be proven wrong though.
You don't need to be an expert. Google phase out of fossil fuel vehicles. ICE cars have a used by date and for the biggest auto market in the world (China) it is 2035. So it most of Europe. So is California. That means if you aren't making EVs in 2035, you will be selling far fewer vehicles and likely shrinking or going bankrupt. It's not really a prediction. Most governments around the world want to reduce emissions and are legislating that way for the energy industry and transport industry. The prediction is really about what happens in any particular year between now and 2035.
Consumers are generally rational. They want the best value for money product according to their affordability.
Canadian and American car sales have crashed. It is pretty tough for a working class person to lay down 40 grand for a new car. The Germans at 60 grand a car are already dead. I have 300 thousand klm on my pickup truck and have no plans to replace it. Anyone out there with 300 klm on their EV without a major breakdown. I would be interested to know if they last that long.
When in the near future there will be only charging stations and no gas stations , where are you going to get oil for your heap? pump oil from your back yard?
@@StephenRoss-po1rp When everybody goes from ICE to EVS , like they did last century from horses to automobiles . how long did that take once cars were afortable ? not very long.
2035-2040 is my swag. The number of available fueling stations here in America has declined sequentially for well over a decade now!
With over 800,000 people running out of fuel annually (making it the #1 roadside rollout per AAA.
With the iea claiming that 20% or more of existing oil refineries will be insolvent by or before 2030(and the iea is a notoriously conservative org.
And China's largest oil producer sinopec having said oil for road transportation peaked over there earlier this year? I
I'd say they'll be eliminating gas stations sooner than 2030 and we will trail them by 3-5 year's.
I see gas at $8 a gallon none inflation adjusted by 2030 here as global its already well over $6 a gallon outside America.
Everyone else shutting the pumps down will collapse the industries good times drill baby drill bs. And the us will not be immune in anyways. I see $5+national average to end 2025 and $6 by 2026 for us gas per gallon.
@arthurlenko9598 I do not doubt for a second that electric cars are going to take over. But I live in Canada, Edmonton Alberta. I use my truck to go to the North West Territories. Mckenzie River Valley, where the road ends. Over 1600 klms north of Edmonton. There is a town with 120 people or so in it. I lived there for many years. Winter time -40 is not uncommon. I am not looking for charging stations, but I have never seen one. Nor have I seen an electric car north of 60 degrees latitude . There are not a lot of people there, but we do have roads, and a lot of them still have gravel. So if you have a heavy vehicle, you need 8 ply tires. Can an electric car drive from Ft Wrigley to Yellowknife 850 klms 30% gravel in January? I do not know, but if they can not, then they are useless for me and the entire Canadian north. So when I hear gas will not be available, I begin to think this transition to electric vehicles was poorly conceived and will run into trouble.
@brianniziol6479 sodium chemistry can work at -40c .... 😊
The EU is for free markets - as long as the EU makes a profit or is able to set a political agenda - otherwise they have high/strict tarif and non-tarif trade barriers. They thought their home industry would expand and go global with EVs. They did not have the time to re-assess if now they are loosing their industry and jobs or not. In my view the global car market will grow exponentially - both EVs and ICE - as they move away from traditional markets in the EU, the USA, Canada, Australia and go to emerging nations in Asia, India, South-Amerika and Afrika. The old and classic markets have been replacement purchases in saturated markets, often motivated by tax incentives for companies. Now we have first-time car buyers as manufacture is creating richness in China, India and the rest of the world. I expect the global share of EVs as total of existing cars to go to 30% - much later to 50% maybe. This means 50%-70% of sales remain ICE cars. When all the hype, tax incentives and maybe prohibitions are gone the better technology will prevail. Imho the best of all worlds is always to have a reasonable mix: be it a portfolio, be it how a country and a house is powered or be it cars on the road. I don´t like to put all eggs in one basket.
if we don't care for the environment and move to cleaner technologies then we may not have any chickens and you won't have to worry about where to put them.
Where EV’s are price competitive with ICE vehicles no need for tax incentives
millions of execs can no longer bilk shareholders
This Viking is predicting that the 5 top automakers by 2030 would be #1 Tesla #2 Volkswagon #3 byd #4 Ford and #5 GM.
Geely should be Top 5 by 2030, replacing Ford.
It's neither 5 nor 10, it's 20.
Inflection point is 20% on the S curve.
Current 2024 BEV proportion is 14-18% depending on your sources.
If 2025 hits 20% then yes, this will be the point.
But the real disruption will be 2026. That's when the rocket from 20-80% will start.
There has to be world war 4 before i buy my next car as ptrol. I have a 13.6 kw pn my roof and i get pais 3c pe kw selling to gridm it produces around 130 kw a day on a good day and i onlybuse aroubd 12 - 20 kw on average. Everyrime im in the pertrol staion i fewl lile chucking monwy away. Im waiting for for Xpeng g9 or zeeker x7
Be interesting to see what happens with the economy in China as its in serious trouble
But sales won’t rocket at all. transport as a service (TaaS) will completely take over and total vehicle sales will drop by more than 50% globally.
Study the second and third laws of thermodynamics. Then study some business principles and finally and most importantly study politics and how to manipulate the public into helping to pay for others fantasies.
1. USED..
2. TCO and ROI.
3. Most critically, the CREDIT to obtain said car. THAT is your chokepoint.
TCO is still too high. Total Cost of Ownership. IE, paying for that $100K Electric car, in the first place. Lets see how those first FLEET sales do, with regards to resale. Meaning, will I get screwed when it is trade in time.
EV subsidies exist solely to bailout legacy auto. Their execs sat on their hands while the world passed them by. A dedicated AI can now realistically replace all of them!
Sam how many execs in major USA legacy auto compared to Tesla? 🤔
If rates to finance don’t move no one is buying 💩
end carbon credits... implement carbon penalties to be paid to a world environment climate mitigation fund.
IF you want to buy a vehicle with no character by all means go EV. Just be aware of an EMP attack and what the consequences will be.
There are more models than Tesla, you know. And your ICE car will suffer the same fate in an EMP attack. Then again, we're all screwed if that happens.
The grid had better get better .
Here's my take, EV's are a very controversial subject in this country. In the East and Left coast where you have heavily populated cities, EV have some popularity, but when you go out of those cities and get into the more rural areas, like most of this country, EV's are a curse word, hate 'em, don't want one, won't EVER buy one, and yes, they are hated that bad. Here in my 'oil country' Oklahoma, you can't hardly sell one. In Tulsa, a fairly good sized city of a population of 413 thousand, I have only seen no more than a dozen EV's in my often trips in it for various reasons. Lately I'm surprised to see 3 Cyberfrucks of late, knowing how few there are of them, rightly so, with all the problems that they are experiencing. I don't care how the rosy predictions go for selling those electric self emolulating cars gets, the public in this country won't get used to them as you EV nuts claim, and why the real sales numbers out there won't make you wake up and smell those roses, I don't know and don't care. The numbers of complaints and downsides reported from the honest owners of them tell you the truth, they ain't ever gonna sell in this country. That number of 20% to me is a little on the high side of the sales of them, and just like that outgoing admins, it's full of lies, pure and simple. Which brings up another wake up call, what are you gonna be yelling when Trump pulls the plug on that sutp-d mandate, cry some more and cuss him? Don't cuss him, cuss the rest of us out here that wants him to do that and are 100% behind him. So this country's car future looks mighty dim, EV's won't sell, too high dollar new ICE tech ridden cars and trucks won't sell, not just prices, but the horrid lack of quality and construction of these new vehicles. You know when Toyota starts having recalls, the car industry is in real bad shape. So where does that leave the public? I predict right now they are gonna hold on tight to what they are driving now if it's not giving too many problems, and figure that replacing that old engine or wore out tranny is way, way cheaper than plunking down 50 or more grand for a vehicle that the engine will self implode or the trans will quit pulling and shifting shortly after you drive it home from the dealer. Of course this will start driving up used car prices, but there are million of them out there and I don't see them pushing the prices up to today's new car sky high level. It's gonna be a very interesting year and I'm not worried, I'm retired, my Chinese assembled with GM parts '17 Buick Envision with 105K on it that hasn't had one tiny problem yet, is gonna be the only wheels we drive for many more years. Hey, I'm the guy that put 800K plus on an '84 Toyota diesel pickup, so long I had it that the box frame rusted in two under it, and I wish that they still put out that build quality. Oh well, my only thought is that I hope that if I ever need any parts for it, GM has them over here as the 'orange guy' is gonna cut that supply off, whoopee. it will be a long time before I need any anyway.
"Don't trust what you see outside your window. Trust what I see outside my window.". Ok bro.
Teslas are hard to sell in OK because it is literally illegal to sell them direct from manufacturer, which is how Teslas are usually sold, since there are no dealerships.
What real sales numbers do you mean? The ones showing EVs growing YOY? Q3 of 2024 had EVs at 8.9 percent of vehicle sales, the highest number so far.
It will be interesting to see hoe the Trump/Musk coalition plays out...
The VW Group just purchased 9.9% of a lithium deposit in Quebec/Canada (Patriot Battery Metals). So, either they are planning to focus on EV’s, or now exploring the AAA battery market as an alternative business activity. No need for you to verbally abuse some of your viewers. Like it or not, ‘porches' will be continued to be made and bought.
2nd...happy with that.
Legacy Auto is pretty much screwed.
Oh really,? EV's amount to 8% of the vehicles on the road today, which in real numbers mean that of the 312 MILLION vehicles on the road now, EV's make up only about 25 million of those vehicles, and the ICE numbers will increase 36 more millon cars by 2030, and you still say tha legacy auto is screwed? They are having trouble selling their over priced tech bloated ones today, but I saw some smaller ICE trucks with no big screen on the dash, with 5 speed manual transmissions and crank up windows in them here on YT for the near future We're going back to the future and getting out of this stup-d EV era
Complete nonsense this channel spews. EVs are not and never will be cheaper than ICE (at current gas prices). Sure, in the first few years of ownership or 100,000km, the cost $/100km is lower. But ownership over the long run, every manufactured thing has a mean time to failure (MTTF) with really restrictive right to repair on EVs, forget it. Even if EV sales would surge because of great propaganda like this channel, the market would correct this nonsense by a sudden demand for used ICE vehicles.
All oem I know has an 8 years warranty on the battery.... check by yourselves
My god 😂.. He's only talking about every place like China and Australia and other places sales are going up.. because they have Chinese EVs.. you watch 2025-2026 EV sales in the United States will not be good.😂
I am not a financial genius but I believe it is cheaper to drive a paid off ICE vehicle than buying a new EV. Mr. Viking appears to think everyone can just go out and buy new cars.
Dave Ramsey’s baby steps - practice them.
Where did he say that?
silly comment. All of the talk about the global car market is about the purchase of new cars. It is about people buying a new car. Nothing to do with you continuing to drive your old ICE car and not having any desire, interest or finance to buy a new car.
Comparing a new car to any paid off car is not a fair comparison. That’s like saying it’s cheaper to own a paid off house than to buy a new one. Duh.
Peasant.
In Australia electric car sales have stalled at less than 10% and are now in decline..
Only in China are EV sales increasing at a reasonable level .
The rest of the world is a very different story.
Australia doesn't represent the rest of the world mate. Just travel to SOUTH EAST ASIA and see for yourself the increase rate of EV adoption
not true.
This situation will change dramatically over the next few years when more and cheaper EV brands hit Australian shores. I live in Australia and a number of my friends have already switched to EVs. I don’t believe that EV sales are in decline in Australia.
AUS at 9% BEV market share and hardly growing this year and thats with cheap Chinese cars available and heavy Tesla discounting. Tesla DOWN 20%+ here. A lot more incoming new Chinese brands in 2025. So the next 2 years will tell a story . A good example of an OPEN, hugely diverse western market. IF BEV isn't at 20%+ here in two years...........maybe its just a good choice for some people then? Time will tell.
Just because we are being forced into EVs it doesn’t mean it will be good for us. Time will tell. It should be allowed to grow on its own so any unforeseen problems can be fixed like power supply ??
I charge my car on a 240v/20a circuit, 3.5kw, at home. Only takes 2 circuit breaker spaces. And is less load than the oven and the clothes dryer. What’s really needed are more 4-10kw chargers at people’s places of work where their cars sit for 9-10 hours at a time.
Yup forced to give up leaded gas too. Idiot
@@kng128
How is having chargers at people's workplaces supposed to work?
Won't you need one for every car, if they are slow charging?
You would have to place one at every parking space, or have the Employees dragging cables around from some central position to plug in before they start.
Yes, it's a great idea to have people charging their car while they are at work, but it doesn't seem to be practical.