EV sales in the US for 2020 were about 2% (new vehicles). This will probably increase to 3-4% for 2021 so the trajectory is upward. Perhaps this increases to 10-15% by 2025 ??? 14 million news cars were sold in the US last year. It will take some time to build battery factories to make enough batteries to reach a point where EV sales exceed gas car sales - perhaps by the end of the decade??
The EV market in the US is dominated by Tesla and they sell every car they can make - about 300K in 2020. Their sales are constrained by their battery production.
Tesla is also a luxury car brand and they either essentially match or outsell every other luxury brand in the US such as Lexus, MB, Audi, BWM, Cadillac, Lincoln, Acura, Infinity, Porsche, Volvo, etc. They also essentially match or outsell Mazda and VW in the US. The Tesla Model 3 is the best selling luxury model in the US.
The real concern for automakers in the US should be China. EVs might become a disruptive technology - think of the iPhone. You know where iPhones are manufactured.
Quote:
Originally Posted by John41
I prefer a gasoline powered car. But, I admire what Musk is doing with Tesla and his space ventures. Unfortunately here’s some facts to ponder for EV fans who think that’s the future.
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A year ago, J.D. Power issued a “reality check” for automakers, reporting that consumer’s enthusiasm for EVs remained at 55 on a scale of 100.
“Frankly, we’re concerned for automakers,” Kristin Kolodge, executive director of driver interaction & human machine interface research at J.D. Power, said at the time. “They’re pushing forward with technology that consumers seem to have little interest in.”
The first quarter of 2021 may or may not signal a change in attitudes. But while the jump in sales of EV and hybrids in the first quarter is eye-popping in terms of percentage, it adds up to about 300,000 units out of the nearly 4 million cars and trucks consumers purchased.
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