Absolutely-this hits close to home! Working in the automotive industry in Germany, specifically on internal combustion components, I vividly remember discussions (2017-2018) we’d have about Tesla. At the time, we saw Tesla as overly ambitious, almost dismissing them because we believed that making luxury cars in limited numbers was one thing, but mass-producing affordable cars was an entirely different challenge. We were convinced they wouldn’t survive long-term. Fast-forward to now, and Tesla’s early entry plays entirely in their favor. They’ve had years to refine quality, software, and features, with no real and demanding expecations from them. They had luxury to set expectations and benchmarks well before 2020. Meanwhile, VW is now under intense pressure to pivot to e-mobility because of regulatory targets, but they’re finding themselves in an uphill battle. They lack robust software solutions, the necessary tech, and they’re serving a large customer base with high expectations around comfort, pricing, and after-sales support. To add to this, VW now faces direct comparisons to Tesla in areas like software and innovation-where Tesla has a major head start and it doesnt help either. The complacency in understanding the market dynamics played a huge role in where we are today.
There is no EV take over in Europe. Only 13% of new cars in EU sold in 2024 are EV and most of them are company cars. To implement EV you have to force them like forbid other cars. Easy to implement in a comunist country like China
And you know who is directly responsible for trying their best at pushing away costomers from buying or even considering EVs? -- Dealers! Automotive dealerships depend on customers going back to them for service, inspections, maintenance, reapirs, and so on. They do not get much profit from selling cars. And you know what has minimal maintenance? -- EVs. Dealerships are (unreasonably) afraid of that transition and have been viciously pushing away. customers or artificially increasing the prices of EV to try and make them unappealing. (I have colleagues working at the local VW dealer)
I work in the eMobility sector myself and have been driving a VW ID.5 for over a year now, covering 25,000 km. I really want to agree that EVs generally have lower maintenance costs, but my experience has been much horrible. I actually took down a video I made about it because I didn’t want to hurt VW in such a challenging time. So far, I’ve had to take my ID.5 to the dealership five times for the same issue: the air conditioning. Each time, I’m advised not to drive even a meter due to the risk of battery fire, as improper cooling could be hazardous when driving or charging. I dont feel safe driving in such situation with my family. "Here comes the pain" Point (WWE Smackdown pun!) is the cost of these repairs: They have cost in total around €13,000-about 20% of the car’s purchase price-with each repair averaging €2,500. This model of ownership isn’t sustainable, honestly. So far I didnt have to take over the costs as this is in warranty but I am worried what will happen after remaining 8 months from warranty period.
I read the comment again - putting my emotions aside for the problems with my VW ID.5. It is a corner case and usually never happens. But thank you for your insight - it also gives a perspective that the dealers are also blocking the easy transition to emobility by intentionally making them unattractive for potential buyers.
Tesla is also producing EVs in Europe, even Germany, and makes huge benefits. My 2 cents is that you cannot succeed in such a huge transition without investing all you have. VW as many other carmakers are still investing in petrol cars in 2024, it is pure madness.
Vehicle sales in Europe for September: Market DOWN -4.2% BEVs UP +13.9% So it's definitely not that "EV sales are poor". It's simply the board members (the Excel Masturbators) sheer incompetence, lack of forward thinking and ignorance. - VW is closing 3 factories while Tesla received approval for first of three expansions at their Berlin factory. - VW is laying off people and cutting salaries, while Tesla is hieing more and rising pay. - One of them is focused on producing IC vehicles for as long as they can, while the other is only selling EVs. - One of them is among the best selling vehicles in Chine. While the other one lost their dominance in China. - One of them has the best selling vehicle in Europe while not being their home market. While the other one is the second best selling at their home market. Also... Toyota's sales are falling 1.6% per month. They also lost the Chinese market.
Thank you for your insights! Focusing on just one month, like September 2024, might give an incomplete picture, so here’s a year-to-date (Jan-Sep 2024 vs. 2023) breakdown for the EU market across BEVs, Hybrids, ICE, and the total market: - BEV: 2023 - 1,111,925 (14% market share); 2024 - 1,047,869 (13.1% market share), showing a -5.8% decrease. - Hybrids (excluding PHEVs): 2023 - 2,002,816 (25.2%); 2024 - 2,404,532 (30.1%), with a strong +20.1% growth. - ICE (Petrol + Diesel): 2023 - 3,990,357 (50.2%); 2024 - 3,739,116 (46.8%), a -6.3% decline. - Total Market (including others): 2023 - 7,941,704; 2024 - 7,989,776, showing only a -0.6% shrinkage. So, while the total market is relatively stable, BEVs are down nearly 6%, with hybrids as the only major growth area, up by 20%. This broader perspective helps clarify trends and provides context for interpreting monthly data without risking misinterpretation. Regarding the other points you mentioned, it sounds like you’re passionate about emobility and I understand where you're coming from, and I agree with much of what you said. However I cannot comment today on those exact points, they are feasible enough but I first have to research it properly. Although the claim that Tesla is still hiring and increasing pay, seems difficult to believe in 2024, particularly when few months ago they fired all of their super charger team i.e. around 500 people. As far as I have heard, downsizing is going to happen as Tesla is forced to reduce its prices in China to keep pace with BYD and other competitors, which has a negative effect on their profitability. But thanks for your comment and kindly consider subscribing. I would really appreciate it and look forward to further insightful discussion.
VW have EV’s which have a better build quality than Tesla. They made Billions, it’s just billions less than before. All European car manufacturers have increased prices to a point Europeans don’t want to buy them. 30% tariff import costs on non-European cars, well let’s increase our cars by 30%… If my budget five years ago allows me to buy a five series BMW, that same budget now buys me a one series BMW. I’ll just keep my five series for now, thanks and not buy a new car.
Great insights-thanks for sharing! I’ve been driving a VW ID.5 for 16 months and covered 25,000 km. The build quality and comfort are top-notch, but as you noted, it’s pricey. When I leased it in Q2 2022, it cost around €60,000 (including 19% VAT). Back then, Tesla’s Model 3 and Y AWD configurations were similarly priced at €60-62k, but within six months, Tesla dropped prices by 20%-suddenly no European EV could match them. Gladly I covered Tesla Germany prices in my price estimation of VW ID.7 in Jan 2023 - base model of Tesla Model 3 is now at €39,990, down from €49,990. Regarding affordability, 100% agreed. I made a video on Germany’s Stagnating Car Market. I analyzed over 20 years of data and found that from 2000-2019, a new car averaged around 67% of an annual salary. By 2022, that figure shot up to 87%, making it harder for people to buy new cars. I’ll share the link in a separate comment to ensure this one stays visible. On tariffs, Germany’s resistance to EU tariffs on Chinese EVs likely aims to protect its market share in China, where competition is fierce. If you haven’t already, consider subscribing-I’d love to hear your insights on future videos!
1- Expensive Prices and Affordability Data - Germany (2000 - 2023): Min 07:30 - 08:36 ua-cam.com/video/wQ7KR36T-lo/v-deo.html 2- Tesla Model 3 Prices in Germany - 2022: (Min 03:57 - 04:10) ua-cam.com/video/L8g_X-HHCfk/v-deo.html
Thank you so much! I’m just sharing what I observe and learn. It means a lot to hear it’s appreciated! Keeps me going, even though UA-cam’s been a bit of a tough ride so far 😄
They've basically watched the EV competition take over and thought: "Nah, it'll be fine!"
Absolutely-this hits close to home! Working in the automotive industry in Germany, specifically on internal combustion components, I vividly remember discussions (2017-2018) we’d have about Tesla. At the time, we saw Tesla as overly ambitious, almost dismissing them because we believed that making luxury cars in limited numbers was one thing, but mass-producing affordable cars was an entirely different challenge. We were convinced they wouldn’t survive long-term.
Fast-forward to now, and Tesla’s early entry plays entirely in their favor. They’ve had years to refine quality, software, and features, with no real and demanding expecations from them. They had luxury to set expectations and benchmarks well before 2020. Meanwhile, VW is now under intense pressure to pivot to e-mobility because of regulatory targets, but they’re finding themselves in an uphill battle. They lack robust software solutions, the necessary tech, and they’re serving a large customer base with high expectations around comfort, pricing, and after-sales support. To add to this, VW now faces direct comparisons to Tesla in areas like software and innovation-where Tesla has a major head start and it doesnt help either. The complacency in understanding the market dynamics played a huge role in where we are today.
There is no EV take over in Europe. Only 13% of new cars in EU sold in 2024 are EV and most of them are company cars. To implement EV you have to force them like forbid other cars. Easy to implement in a comunist country like China
Ev market isn't taking over.
Sad times 😢
Sadly! I live in Germany and work in an industry associated with emobility. These are very uncertain times!
Great video!
Thanks a lot Reza!
And you know who is directly responsible for trying their best at pushing away costomers from buying or even considering EVs? -- Dealers!
Automotive dealerships depend on customers going back to them for service, inspections, maintenance, reapirs, and so on. They do not get much profit from selling cars. And you know what has minimal maintenance? -- EVs.
Dealerships are (unreasonably) afraid of that transition and have been viciously pushing away. customers or artificially increasing the prices of EV to try and make them unappealing.
(I have colleagues working at the local VW dealer)
I work in the eMobility sector myself and have been driving a VW ID.5 for over a year now, covering 25,000 km. I really want to agree that EVs generally have lower maintenance costs, but my experience has been much horrible. I actually took down a video I made about it because I didn’t want to hurt VW in such a challenging time. So far, I’ve had to take my ID.5 to the dealership five times for the same issue: the air conditioning. Each time, I’m advised not to drive even a meter due to the risk of battery fire, as improper cooling could be hazardous when driving or charging. I dont feel safe driving in such situation with my family. "Here comes the pain" Point (WWE Smackdown pun!) is the cost of these repairs: They have cost in total around €13,000-about 20% of the car’s purchase price-with each repair averaging €2,500. This model of ownership isn’t sustainable, honestly. So far I didnt have to take over the costs as this is in warranty but I am worried what will happen after remaining 8 months from warranty period.
I read the comment again - putting my emotions aside for the problems with my VW ID.5. It is a corner case and usually never happens. But thank you for your insight - it also gives a perspective that the dealers are also blocking the easy transition to emobility by intentionally making them unattractive for potential buyers.
That payout to shareholders will cost the company dearly
Tesla is also producing EVs in Europe, even Germany, and makes huge benefits. My 2 cents is that you cannot succeed in such a huge transition without investing all you have. VW as many other carmakers are still investing in petrol cars in 2024, it is pure madness.
Vehicle sales in Europe for September:
Market DOWN -4.2%
BEVs UP +13.9%
So it's definitely not that "EV sales are poor". It's simply the board members (the Excel Masturbators) sheer incompetence, lack of forward thinking and ignorance.
- VW is closing 3 factories while Tesla received approval for first of three expansions at their Berlin factory.
- VW is laying off people and cutting salaries, while Tesla is hieing more and rising pay.
- One of them is focused on producing IC vehicles for as long as they can, while the other is only selling EVs.
- One of them is among the best selling vehicles in Chine. While the other one lost their dominance in China.
- One of them has the best selling vehicle in Europe while not being their home market. While the other one is the second best selling at their home market.
Also... Toyota's sales are falling 1.6% per month. They also lost the Chinese market.
Thank you for your insights! Focusing on just one month, like September 2024, might give an incomplete picture, so here’s a year-to-date (Jan-Sep 2024 vs. 2023) breakdown for the EU market across BEVs, Hybrids, ICE, and the total market:
- BEV: 2023 - 1,111,925 (14% market share); 2024 - 1,047,869 (13.1% market share), showing a -5.8% decrease.
- Hybrids (excluding PHEVs): 2023 - 2,002,816 (25.2%); 2024 - 2,404,532 (30.1%), with a strong +20.1% growth.
- ICE (Petrol + Diesel): 2023 - 3,990,357 (50.2%); 2024 - 3,739,116 (46.8%), a -6.3% decline.
- Total Market (including others): 2023 - 7,941,704; 2024 - 7,989,776, showing only a -0.6% shrinkage.
So, while the total market is relatively stable, BEVs are down nearly 6%, with hybrids as the only major growth area, up by 20%. This broader perspective helps clarify trends and provides context for interpreting monthly data without risking misinterpretation.
Regarding the other points you mentioned, it sounds like you’re passionate about emobility and I understand where you're coming from, and I agree with much of what you said. However I cannot comment today on those exact points, they are feasible enough but I first have to research it properly. Although the claim that Tesla is still hiring and increasing pay, seems difficult to believe in 2024, particularly when few months ago they fired all of their super charger team i.e. around 500 people. As far as I have heard, downsizing is going to happen as Tesla is forced to reduce its prices in China to keep pace with BYD and other competitors, which has a negative effect on their profitability. But thanks for your comment and kindly consider subscribing. I would really appreciate it and look forward to further insightful discussion.
Toyota seems to be doing ok. Maybe learn from them.
VW have EV’s which have a better build quality than Tesla.
They made Billions, it’s just billions less than before.
All European car manufacturers have increased prices to a point Europeans don’t want to buy them.
30% tariff import costs on non-European cars, well let’s increase our cars by 30%…
If my budget five years ago allows me to buy a five series BMW, that same budget now buys me a one series BMW. I’ll just keep my five series for now, thanks and not buy a new car.
Great insights-thanks for sharing! I’ve been driving a VW ID.5 for 16 months and covered 25,000 km. The build quality and comfort are top-notch, but as you noted, it’s pricey. When I leased it in Q2 2022, it cost around €60,000 (including 19% VAT). Back then, Tesla’s Model 3 and Y AWD configurations were similarly priced at €60-62k, but within six months, Tesla dropped prices by 20%-suddenly no European EV could match them. Gladly I covered Tesla Germany prices in my price estimation of VW ID.7 in Jan 2023 - base model of Tesla Model 3 is now at €39,990, down from €49,990.
Regarding affordability, 100% agreed. I made a video on Germany’s Stagnating Car Market. I analyzed over 20 years of data and found that from 2000-2019, a new car averaged around 67% of an annual salary. By 2022, that figure shot up to 87%, making it harder for people to buy new cars. I’ll share the link in a separate comment to ensure this one stays visible.
On tariffs, Germany’s resistance to EU tariffs on Chinese EVs likely aims to protect its market share in China, where competition is fierce. If you haven’t already, consider subscribing-I’d love to hear your insights on future videos!
1- Expensive Prices and Affordability Data - Germany (2000 - 2023): Min 07:30 - 08:36
ua-cam.com/video/wQ7KR36T-lo/v-deo.html
2- Tesla Model 3 Prices in Germany - 2022: (Min 03:57 - 04:10)
ua-cam.com/video/L8g_X-HHCfk/v-deo.html
@@e-techvolution details details details, man, where have you been all my life? Love this level of information. Thank you
Thank you so much! I’m just sharing what I observe and learn. It means a lot to hear it’s appreciated! Keeps me going, even though UA-cam’s been a bit of a tough ride so far 😄
@ subscribe 474 👍🏻
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