Quote:
Originally Posted by biker1
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.
|
Yup to all this. One note, Tesla is rumored to be preparing an "under $25k" model for release this year or early next year. That will be disruptive.
I do believe one should never underestimate Musk's ability to be disruptive. The world said he couldn't reduce the cost and time to drill tunnels, he did, they said he couldn't make a practical EV, he did, they said he couldn't reuse rockets, he is. If he is anything it is disruptive - LOL