Auto News
News volume 1: https://carkiller.com/scottykilmer/qa/news/
News volume 2: https://carkiller.com/scottykilmer/qa/news2/
Some need to learn it hard way
https://youtu.be/ZEI_7b_HT_A?si=znpYBbWMmkEazOoS
Scotty also commented it in today's live talk.
didn't see that coming 🙄
These guys tested range loss of a Tesla in cold weather. Considering that, charging stations are going to be used more frequently than in warm conditions
https://youtu.be/aIUrOkttv7g?si=45g_0tBuQZ3mR-7j
And here it is
https://youtu.be/yd0xnH6THss?t=113s
This vehicle might well be the electric car that everyone has been looking for, no more worries about range or charging problems!
https://www.youtube.com/watch?v=T-LegOd8Jxo
A Twike! {blackemo}:laughtertotears:
Seems suitable for new Mr Bean series
Scotty read what had happened and commented
https://youtu.be/GCMIqXx5p9k?t=180s
Hope you brought something to read.
Ford's amazing.. this feature and others like that 'remote rev'.. what could possibly go wrong?
Ford electric trucks already burning people's houses down
https://www.youtube.com/watch?v=itGeAq9rBeY
First reported Tesla Cybertruck accident results in only ‘minor’ injury
https://www.theverge.com/2023/12/28/24018383/tesla-cybertruck-crash-corolla-palo-alto
Moved in "News".
17 year old drivers scare me more than these ugly Cybertrucks!
I saw a neighbour getting out of a cyberyuck yesterday. Guess they're out.
yeah another case of scummy manufacturers trying to save money, and passing the costs onto consumers. Toyota had the same thing. Might be worth telling a new car dealer when you talk to him: "I want a replacement guarantee in writing for melted plastic, for x years, otherwise I'm walking over to Mazda right now".
"Kaizen" and all that.
The scandal is another blow to the automaker, which had admitted in April to violating standards on crash tests on more than 88,000 cars, mostly sold under the Toyota brand in countries such as Malaysia and Thailand.
$60k to replace Hyundai EV battery.
https://www.youtube.com/watch?v=dr3mFzh0KSk
https://www.youtube.com/watch?v=EEXieo06ta8
Hyundai is creating a new position for those independent dealerships. It's a Service/Sales manager. Based on the previous conversations, issues are handled like this, "So, you're having a bit of trouble with your new car?" "We'll be happy to take care of that for you". "As you're one of 'Preferred Owners' we'll be giving you a 'Preferred Owners Discount' on a brand new vehicle!" 'Thank you for choosing Hyundai!"
New Ford Mustang Mach-e, worth $50k.
Software update failed. Car becomes a gigantic boat anchor.
Well at least Ford “sincerely” apologized, and provided instructions for the tow truck operator. 😉
The 6th Gen Camaro may be the last.
I always liked the way Camaros looked more than Corvettes.
The last sixth-gen Chevrolet Camaro has left the building
in 2022, they sold 24,652 of them. Compare to 282,571 in 1979
Six fatalities and many more injured. 160,000 without power.
It’s behind a paywall. There are tools on the internet to get behind them.
please share
It’s behind a paywall. There are tools on the internet to get behind them.
The answer is simple: In the US due to sky high import tariffs on foreign EVs, the only sub-40k EV options available are from anti-repair companies such as Tesla and GM.
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The rest of the industry is easy and not expensive at all to repair.
meet Dan, our forum EV salesman
😉
Pointing out the truth is being a "salesman" now. 🙄
And no, I do not have any stake in EVs.
lighten up already, Dan. You're going to give yourself a stroke.
Don't you worry, I am having a blast.
Same here. In the U.S. the market has spoken and except for Tesla, which is largely a status symbol or maybe even a cult, manufacturers are having the devil of a time getting rid of the stupid things even in the face of significant government and manufacturer incentives. I even recently caught a video of the President chastising GM and Ford for cutting back on their EV plans. He apparently expects manufacturers to push forward full speed with EV production regardless of whether the market wants them or not.
Fact is that at least here in the U.S. there are a lot of people that are not inclined to simply go along with whatever government wants, especially when it is not perceived to be in their personal best interest.
@ChuckTobias , We talked about it.
Former president decided to completely cut the US EV market completely from the outside world.
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There's a 27.5% tariff on foreign EVs and they have to compete against cars in the US with a $7k tax credit. Of course, the US EV market is very undeveloped - it's isolated, and lacks competition.
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Of course GM and Ford are pulling out from that, they only know how to pull out from markets - they practically pulled out from Europe, they pulled out from the small cars segment, they practically pulled out from the largest car market (China), they have pulled out of the passenger cars market (only SUV and Trucks), now they're loosing and pulling out of future propulsion market.
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The rest of the competition, who aren't pushed by anyone are doubling down
In September Toyota announced it will "popularize EVs" on the US market in 2026-2027.
(they will announce offerings of a Camry priced 500 mile EV, and a Corolla priced 375 mile EV late next year and begin delivery shortly after)
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Netherlands based Stellantis (they own Dodge, Chrysler, RAM, Leapmotor, etc.) is even more ambitious about it.
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We will see soon what the future will be - US based factories meant to avoid the import tax are being completed with production to commence in 2025.
>In September Toyota announced it will "popularize EVs" on the US market in 2026-2027.
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What EVs lol? They haven't sold a single one yet. 😆
@mmj
Well that is not true, they have sold some bz4x - but that's not part of their popularization program.
Abroad they have a very good best seller EV called the bz3 - it uses Toyota chassis and BYD batteries and powertrains (future Toyotas will use co-developed BYD-Toyota tech instead of just BYD's)
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Between the time that was posted and now,
Toyota announced they're coming out with 6 EV models by 2026.
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The main of which is a CH-R sized EV - Toyota says it will be affordable.
(Lets see if they manage to compete with the $25k Citroen Ë-C3)
https://www.motor1.com/news/699072/toyota-urban-suv-concept-debut/
It will first come to Europe and later to the US.
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This is classic Toyota they get their tech to perfection and once everything is ready they push hard.
They've also partnered with BYD, it's going to be amazing for the industry
we'll see
That would make me steaming mad if it happened to me. I hate dealing with companies over the phone. And they got away with a gentle tap on the wrist. The consumer protection bureau is really toothless. The penalties should be proportional to the income gained through illegitimate means.
That website for anybody wondering is:
http://cancelmyextendedwarranty.com/
That's if you need to get out of a Toyota payment plan for warranty or product bundles.
Hi Scotty,
I think this may be of interest....
Love your channel, Im an industrial maintenance engineer in the UK, who "plays" with vehicles!
Ian
Yeah, Ford / GM scaling down their plans has been discussed on the forum.
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It's due to their lack of competence, Ford's loosing $70,000 for each EV they sell - while Tesla is making almost a $10,000 profit on every Model 3 / Model Y they sell.
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We're seeing that legacy car manufacturers can not keep up with the new competition.
So Ford and GM are screaming there's "no demand" while EV sales continue to surge year over year.
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But there's hope for them, one of the largest automotive conglomerates (Renualt-Nissan-Mitsubishi Alliance) has admitted that their current structures just can not develop tech and adapt fast enough - so they now have completed creating a completely new structure that'll be responsible for fast and agile design and development called "Ampere".
I think more legacy car makers should do that way - it's their only hope to keep up with competition.
According to the UK Advertising Standards Authority (ASA), both adverts “condoned the use of vehicles in a manner that disregarded their impact on nature and the environment. [...] They had not been prepared with a sense of responsibility to society.”
“These adverts epitomise Toyota’s total disregard for nature and the climate, by featuring enormous, highly polluting vehicles driving at speed through rivers and wild grasslands,” said Adfree Cities co-director Veronica Wignall.
185,000 AutoZone customers' personal information breached including Social Security numbers — company offers a year of credit monitoring
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Nearly 185,000 AutoZone customers are getting a lot more than they bargained for. The car partsretailer recently notified authorities that it had been the victim of a ransomware attack earlier this year, in which the hackers accessed the personal information of thousands of customers.
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The company filed a breach notification with the Maine Attorney General’s office, stating that the hackers had obtained the full names and Social Security numbers of its customers. AutoZone said the hack took place in May and noted that the attack came from a vulnerability in MOVEit, file transfer software used by thousands of companies. Researchers found that the software led to 62 million people’s data being breached, making it one of the largest in recent times.
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Source: https://www.autoblog.com/2023/11/22/185000-autozone-customers-personal-information-breached/
how did Autozone get customers' social security numbers?
Great question! I have no idea. I never give my SSN out.
I'm pretty sure in Canada it's illegal to require SSN for anything but government purposes (ie. employers for taxation). Credit companies can ASK for it, but it's not an obligation. And I'm sure there's rules for storing the information as well.
OK it's explained at the end of the Autoblog article. It wasn't just Autozone that was breached. It was the government.
" Interestingly, the state itself was part of the hack. In addition to the AutoZone breach, the MOVEit hack exposed the data of almost the entire state of Maine’s population. The state said that the bad actors had accessed data on 1.3 million people – the vast majority of its people. Federal government emails were also breached, along with Medicaid and Medicare data."
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I think THAT, by far, is the bigger embarrassment in this story. The government isn't capable of keeping your information safe.
Maybe AutoZone has their own credit cards and the SSNs came from customer credit applications.
In the U.S. we were promised that the SSN would never be used as a national ID and would only ever be used for Social Security. (The cards used to say right on them "Social Security Purposes - Not for identification".) Turned out to be just another government lie.
@chucktobias gov't was breached
Is there a particular reason why Social Security numbers leaking is a big deal in the US?
it feels so odd to me, where I live the equivalent (Mispar Teudat Zehut) is not a secret at all… Isn’t it just a person ID number?
@dan it's in the article. Fraud. SSN's are secret and private documents. That's why we use them to verify our identities. They're like passwords, and they can gain you access to sensitive government stuff, let you impersonate someone, use their credit rating, open accounts, etc.
A new study by iSeeCars looked at the 5-year depreciation rate of vehicles. They found electric vehicles are the worst at holding their value, while hybrids, sports cars and trucks depreciate the least.
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Electric vehicles are the worst segment at holding their value, losing 49.1 percent in five years.
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Trucks and hybrids retain the most value, losing only 35 and 37 percent, respectively.
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Several sports cars, small SUVs and economy cars also hold their value extremely well, with the Porsche 911, Jeep Wrangler and Honda Civic among the best models.
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Luxury SUVs and sedans, including the Maserati Quattroporte, BMW 7 series and Maserati Ghibli, are some of the worst vehicles at holding their value.
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EVs have the worst depreciation across major vehicle types
Karl Brauer, iSeeCars executive analyst, says:
“The disparity between electric vehicles and hybrids is worth noting, with EVs the worst group at holding their value and hybrids among the best,” said Brauer. “Some manufacturers have reduced or even abandoned the hybrid market in favor of EVs, but these figures suggest consumers still appreciate a hybrid’s combination of higher fuel efficiency and zero range anxiety.”
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He further stated: “Between incentives that effectively lower an EV’s price before it’s even purchased and concerns about battery replacement costs, used electric vehicles have always suffered higher depreciation than equivalent gasoline cars,” said Brauer. “This pattern will continue until electric vehicles don’t require heavy incentives to sell and consumers gain confidence in their long-term ownership costs.”
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Hybrid vehicle depreciation – among the best
Hybrid residual values have improved by nearly 20 percentage points in the past 4 years, moving down from 56.7 percent in 2019 to 37.4 percent today. A combination of higher fuel prices and increased familiarity with the technology has expanded the market and raised demand for hybrid vehicles.
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Per Karl Brauer: “Toyota’s extensive history with hybrid models has established a strong customer base, though Honda and Hyundai are also building a hybrid following,”
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Truck depreciation – Americans still love trucks
As a group, trucks hold their value better than any other vehicle type. The average truck loses just 34.8 percent of its value after five years, reflecting both long-term durability and consistent market demand for these models.
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“Midsize trucks hold their value better than full-size models,” said Brauer. “Trucks like the Colorado, Frontier, and Tacoma have become so capable in recent years that they can replace a full-size truck for many buyers while remaining far easier – and cheaper – to drive, park, and operate.”
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Source: https://www.iseecars.com/cars-that-hold-their-value-study
Honda is recalling nearly 250,000 vehicles in the U.S. because [connecting rod] bearings can fail, causing the engines to stall and increasing the risk of a crash. [This is the 3.5L V6 engine which also has cylinder deactivation.]
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The recall covers certain 2018 and 2019 Honda Pilot SUVs and Odyssey minivans and some 2017 and 2019 Ridgeline pickup trucks. Also affected are certain 2015 to 2020 Acura TLX cars and some 2016 to 2020 Acura MDX SUVs.
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Honda says in documents posted Friday by the National Highway Traffic Safety Administration that connecting rod bearings in the engine can wear and seize due to a manufacturing error, damaging the engines. The engines could run improperly or stall while being driven, increasing the risk of a fire, crash or injury.
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The automaker says in documents that it has 1,450 warranty claims due to the problem but no reports of injuries.
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Dealers will inspect and repair or replace the engines if needed. Owners will be notified by mail starting Jan. 2.
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Yikes, has Honda been buying engines from Hyundai?
That's shocking.
These are the same engines that were already recalled for bad timing belts!
https://static.nhtsa.gov/odi/rcl/2019/RMISC-19V298-7288.pdf
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I'm looking at affected Honda products and I'm seeing incredible stuff,
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For example the 2019 Honda Pilot already has 10 recalls!
including but not limited to:
> "Hood May Open While Driving"
> "Incomplete Body Welding" among others.
ridiculous levels of 'quality'.
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Each model year is full of their own "fun" recalls including brake issues, suspension components rusting so badly it's a safety hazard.
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Previously I though the low point for the Pilot was the that time they recalled 330k with "side-view mirrors at risk of falling off" - but Honda engineers have found a way to exceed my expectations...
https://www.foxbusiness.com/economy/honda-recalls-330k-vehicles-side-view-mirrors-risk-falling-off
(and this is all without even going into the ZF 9 speed fiasco)
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Although I think the low point was definitely when suspension components would rust, fall off, and cause people to crash on CR-Vs.
https://www.cbsnews.com/news/honda-crv-recall-2023-rust-suspension/
Hyundai just announced a closer collaboration with Amazon at the 2023 Los Angeles Auto Show. Next year you'll be able to buy a Hyundai on Amazon.com. That’s right!
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Technically, Amazon will be selling more than just Hyundais. The company aims to offer a slew of vehicles for online purchasing, with transactions beginning on the largest online retailer and technically being executed by a dealership. Customers will be able to search for vehicles available in dealership inventory, filter cars based on options, colors, and whatnot, and check out using their preferred payment and financing option. They'll have to work with dealers to receive the car.
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Source: https://www.roadandtrack.com/news/a45864083/buy-hyundai-on-amazon-online/
so it's just another middle man
let me know when the slimeball dealerships get cut out of the equation.
Here is one good thing the state of California will be requiring for EVs in the near future starting with 2026 model years: this is similar to OBDII ports on ICE
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”Californian regulations will require car manufacturers to phase in a standard EV diagnostic system as part of the state’s Advanced Clean Cars II program. While this will initially only apply to California, there’s a good chance the state will become the industry standard as seven U.S. states have already adopted Advanced Clean Cars II regulations and will also require EVs to have the system diagnostic system. These systems will also work for plug-in hybrid and hydrogen fuel-cell vehicles.”
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“Californian legislation stipulates that the onboard diagnostics must include every part of an EV’s powertrain, its battery pack, power electronics, charging system, and thermal systems. The rules will also require EVs, PHEVs, and fuel cell vehicles to display some battery data on a menu in the vehicle. “
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All-new generation Toyota Camry will be unveiled at 10:00 pm ET on November 14, 2023. This will be the 2025 model year Toyota Camry expected to be sold in late Fall 2024.
I used a club on my 2000 Acura Integra for 2 decades. Now I don’t use it anymore. If someone wants to steal my vehicle, have at it, lol.
Cars are not investments (well, most are not). Nevertheless, some retain their values better than others. According to a recent iSeeCars study, the following Top 10 vehicles depreciated the least over 5 years:
- Porsche 911:
- Average five-year depreciation: 9.3%
- Porsche 718 Cayman
- Average five-year depreciation: 17.6%
- Toyota Tacoma
- Average five-year depreciation: 20.4%
- Jeep Wrangler/Wrangler Unlimited
- Average five-year depreciation: 20.8%
- Honda Civic
- Average five-year depreciation: 21.5%
- Subaru BRZ
- Average five-year depreciation: 23.4%
- Chevrolet Camaro
- Average five-year depreciation: 24.2%
- Toyota C-HR
- Average five-year depreciation: 24.4%
- Subaru Crosstrek
- Average five-year depreciation: 24.5%
- Toyota Corolla
- Average five-year depreciation: 24.5%
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Source: https://www.autoblog.com/2023/11/07/best-resale-cars-trucks/
A new study from iSeeCars shows that cars depreciate less now than they did 5 years ago. Nevertheless, some depreciate faster than others. Here are the fastest depreciating vehicles (over 5 years) per iSeeCars:
- Maserati Quattroporte: 64.5% depreciation
- BMW 7 Series: 61.8%
- Maserati Ghibli: 61.3%
- BMW 5 Series Hybrid: 58.8%
- Cadillac Escalade ESV: 58.5%
- BMW X5: 58.2%
- Infiniti QX80: 58.1%
- Maserati Levante: 57.8%
- Jaguar XF: 57.6%
- Audi A7: 57.2%
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Source: https://www.autoblog.com/2023/11/07/worst-resale-cars-trucks/
big ticket cars. Makes sense.
REVR plans to turn your ICE car into a plug-in hybrid for US$3,200
Scotty talked about it in today's video
https://youtu.be/CG-pCkGfHs4?si=jBV5kmxietLiM3o0
wouldn't it make more sense to bolt it onto the flywheel/flexplate, so that it could perform the functions of starting the car, charging the battery, etc.
How would you do that on internal flywheels and on cars where there is hardly any space for regular maintenance? I guess mounting on wheels is cheaper option.
I doubt if this kit makes much sense.
This requires integration with the car, to work with the gas pedal.
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Plug in hybrids have rather large batteries (the mean battery size is 14.9 kWh, the median is 14kwh - that's 19-20 Prius batteries!) and of course it's going to cost a small fortune, I doubt $3.2k is a realistic figure.
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I just do not see them being available to fit such an absolutely massive battery, the AC-DC charger, the DC-DC inverter unit, the active thermal management system - all of these are quite large.
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It's one of those things that seams like a good idea until you take a deep look into what the execution would require.
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Also the integration on this is going to be horrible (between the car's ECU and control units and the electric drive unit the car never wished for)
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As a broad note, PHEVs are a novel idea - but they're only a stepping stone into the world of RxEVs.
If a vehicle already comes equipped with all of the required assemblies to run on electricity without a running motor - there's no need to add further complexity with a transmission, power split and combination mechanisms, and other unnecessary complexities and even duplicates (like having 2 cooling systems).
Honda and some others have already began building and marketing these RxEVs.
@g-t mount it in place of the starter
This might have been covered: https://www.eutimes.net/2023/10/ev-is-a-total-scam-scottish-couple-denied-warranty-asked-to-pay-21-000-to-repair-tesla-for-driving-in-the-rain/
So it rains a lot in Scotland in the UK. A couple take their EV out during a storm and water ingresses into the electrics, destroying the car. It's not ocvered by the warranty and Tesla want $33,000 to replace the battery. Also took 5 hours for Tesla roadside assisstance to tun up. I suppose they had to run the diesel generators to charge their recovery vehicle.
Yep. Interesting it didn't catch fire,
The California New Car Dealers Association (CNCDA) reported that through the first nine months of the year [2023] pure battery electric vehicle (BEV) sales accounted for 21.5% and were 22.3% in Q3. A year ago [2022] the figure stood at 16.4% year-to-date and was only 9.1% in 2021.
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When hybrid and hydrogen fuel-cell vehicles are included with BEVs, the figure jumps up 35.4% for all vehicles sold year-to-date in California. Not surprisingly this means gas-powered sales are falling in the state, with the CNCDA reporting ICE market share (including gasoline and diesel vehicles) was 64.6 percent so far this year, down from 71.6 percent in 2022 and 88.4 percent in 2018.
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when digging deeper into the sales data Tesla’s (TSLA) Model Y and Model 3 dominate BEV sales in the state, at 103,398 and 66,698 respectively, with Tesla’s overall market share of BEV sales hitting 62.9%. In fact the Tesla Model Y was the top selling vehicle overall in California, followed by the Model 3 and the Toyota (TM) RAV4 (40,622) and Toyota Camry (39,293).
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Rest of article can be found here:
https://www.autoblog.com/2023/11/02/california-ev-sales-tesla-model-y/
Something is happening
Yes, The media reacting to Tesla's disappointing Q3 results.
(TLDR: margin came in at 7.6% down from 17.2% Q3 '22, lower than expected production, earnings, and revenue - this is the first time Tesla has not performed to expectation since Q2 2019)
Tesla blames all of this on factory upgrades, and a high interest rate environment.
notably they also had quite low quarterly net-income, Tesla says it's due to going "full-tilt" on setting up their Mexican factory (... as if Tesla's quality wasn't bad enough already)
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Do the media have a point?
Yea - With the current interest rate and US import tax policy - EV adoption may slightly slow down during 2024, as these 2 factors make it price prohibitive for some car buyers.
In 2025 foreign companies are set to begin US EV production and as such avoid paying the 27.5% import tax on EVs and then we may begin seeing an interesting shift.
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Generally I expect some governments to push back against EVs as they will try to protect their industries from cheap Chinese manufacturing - which is a shame, EVs have gotten great.
good we shouldn't be importing chinese garbage
Honestly, they’re not worse than GM, Ford and other overpriced unreliable trash.
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MG used to also make a petrol car, the least reliable part was the GM (Chevy-Opel) engine.
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I really love my Chinese car - and I recently got to see a Daimler-Geely Smart #1 irl and it’s incredible.
(Toyota CH-R sized SUV)
https://youtu.be/6IVmqqC7Voo
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I’ll update how well the Geely will hold up, it’s a corporate car so we abuse it - a lot.
“GM, Ford, and other unreliable rubbish” is quite a low bar. Let’s talk if their reliability and durability ever match Toyota’s.
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I always hear the proponents of EVs saying maintenance is very low compared to ICE and far less moving parts, yet none of their reliability’s have approached that of Toyotas over time. A good example is the poster child for EVs here in the US, Tesla. I know Dan you like to cite Consumer Reports and there Tesla is consistently in the bottom half of the rankings. Only one of their 4 vehicles is recommended by Consumer Reports and their reliability per Consumer Reports (based on owner feedback) has been average. They only had 4 models to focus on and yet their reliability is not amongst the best or better than Toyota’s.
It is a low bar to set - but it's definitely a bar they have passed (by a long shot)
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The oldest EV on my market is the MG ZS EV - A friend of mine who has been my parents mechanic, and now is the person I trust whenever I need to get anything done on cars - services quite a few of these.
According to him they're surprisingly robust cars - the only common issue is refrigerant getting low every winter when it's not in use and that's the fault of the junky Japanese SANDEN brand compressors (the same ones as small Hondas used to come with)
He also says that parts tend to be somewhat more expensive than on the average car and that in some cases only OEM parts are available.
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I don't cite consumer reports too often, I used to before I got much deeper into engine models, transmission models, platforms and lineups and saw a lot of cases where I disagree with them - they're still much more reliable than the average person who just guesses by looking at the car's logo, but I do find cases where there's more to it than they make it look.
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Tesla reliability exceeds US and EU luxury/premium cars yet falls short of the Japanese.
(After all Teslas are technology and feature rich up-market premium cars)
But this is greatly compounded by Elon's approach to right to repair - other manufactures are much more reasonable about it.
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It's not uncommon to find those with north of 100k miles, but I'm waiting to see some exceed 150k miles. looking on used car websites:
https://imgur.com/a/hx5GDks
"MG ZS (...) electric (...) 118,680 miles (...) has served me reliably (...) no issues with it (...) battery health was checked and still has 97% capacity (...) 4 more years of battery warranty (...) only serviced by dealer"
(usually in the case of such new people don't lie about having / not having issues, as with dealer serviced cars everyone always goes and requests to see the service history from the dealer)
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So far no issues with my EV either.
I mean are there are non-GM, non-Ford, non-Chrysler, non-Tesla cars that have common serious non-powertrain issues?
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At this point, they have definitely exceeded US made cars, Korean GDi/DCT junk, Nissan and whatever jokes they make - that's for sure, but as far as how they compete with better built cars will take about 2/3 years more to see.
Tesla Model S has been sold since 2012 model year, that is 11 going on 12 years now. Model X has been sold since 2016 model year, which is 7 going on 8 years. Model 3 has been sold since 2017 model year, which is 6 going on 7 years. They still trail in terms of reliability.
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As you said before (recently) you would not own a Tesla outside of warranty. So much for “fewer moving parts” and “low maintenance”. And this is the top selling EV brand (by far) in the US. I am happy the transplant automakers will get a chance to build EVs inside of the US. Let’s give Tesla more (and far better) competition.
It's an American car - it will always fail on reliability.
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Tesla is moving production to Mexico while foreign companies are moving to the US.
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Hyundai expects to be able to produce 300,000 EVs a year, I do not like the fact they'll use LG batteries (LG Chem is just a truly evil company. also the 300,000 figure was originally schedules for 2025, I do not know if they have rescheduled it)
https://apnews.com/article/hyundai-georgia-electric-vehicle-ev-845e2729fd5220797e7984f424bc1d5c
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A lot of foreign companies are actually expanding production to Europe instead.
https://electrek.co/2023/10/26/volvo-ex30-suv-high-demand/
(The first European Geely factory to produce SEA platform cars will be in Belgium,
I hope that the Belgians have better quality then the last time I had a car made there...)
https://www.electrive.com/2023/08/04/saic-to-manufacture-the-mg4-in-europe/
https://www.electrive.com/2023/05/31/great-wall-motor-to-build-ev-plant-in-europe/
But Stellantis on the other hand doubles down on exporting cars from China, they purchased a stake in Leapmotor and think they can sell half a million leapmotor cars outside of China annually.
I would take a domestic over Chinese any day.
As if a “domestic” car ain’t just a poor design assembled out of Chinese parts.
Social score +100 Dan.
I also do not like the politics there, I do not like how scammy a lot of the non-reputable and no-name companies there are, yet when it comes to manufacturing it's not like we have other real options.
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BTW the most shocking video out of China definitely was this:
https://youtube.com/shorts/8nQ8cvaUOOo
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I mean what care's aren't made out of Chinese built components, perhaps a Humvee or a Lada Granta?... Everything else, as far as I know, is made either in China or mostly from Chinese parts.
wrong. NA standards are light years ahead of the crap that's built in China.
What? What's GM standards?
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My sister's father in law works at the GM Tech Center, and he got a brand new Chevy Trax -
I have borrowed it a few times, and honestly, never seen a car that's that bad.
What ever's under the hood of the new Trax (some janky 3 cyl that has the fuel consumption of a performance car) feels like its misfiring and has 0 power, The gearbox can not pull the car it feels like it's right out of the year 2001, The body has the comfort of a Toyota Echo, I do not know how the made a compact car feel like it's a micro car, you can't even call that pile of garbage "a car".
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GM CARs aren't even built in the US.
Chevrolet Blazer: China, Mexico.
Chevrolet Captiva: China, Indonesia, India
Chevrolet Trailblazer: China, South Korea.
Chevrolet Equinox EV: Mexico.
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They do assemble overpriced unreliable trucks and SUVs in the US - out of Chinese parts - yet even then the standards are as low as they can get.
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On contrary, export market Geelys and BYDs are built well - the paint, finish, interior, suspension are high quality.
Today we were in a hurry, driving quickly, not slowing for speed bumps, and my S.O said "It drives better than all cars we ever had", and we thought the years had mainly Volvos but also a few Fords, 2 Renaults, considered buying a 1-series BMW and yet, this SUV-hatchback thing does feel best.
I think it needs to be cleared up that I am not offering anything.
In all, through TARP and other efforts, taxpayers injected $426.35 billion into banks and auto companies. The sale of stock and interest payments brought in $441.7 billion.
https://www.youtube.com/watch?v=11jLCcAdNmI
Reuters: U.S. government says it lost $11.2 billion on GM bailout
https://www.reuters.com/article/us-autos-gm-treasury-idUSBREA3T0MR20140430
Inserting post!
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First of all, this post talks about a study by TPPF - sponsored by gas, petrol, and chemical corps.
So it is obvious what their bias is when they post such a piece.
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It's shocking to see that "Ford (...) is losing over $70,000 on each EV it (...) Sells" (page 10)
While Tesla averages $5,328 NET profit per car! (almost $9k gross)
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Now, to what does not add up,
It is beyond any reasonable doubt that said study seeks to maximize the "cost".
They go above and beyond to include things like "Avoided Federal and State Gasoline Taxes".
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Furthermore, they're blaming the ENTIRE cost of ALL necessity infrastructure upgrade on EVs, " replacement and upgrade of transformers, circuits, feeders, and transmission lines, ..." is not directly link-able to EVs as this is a general trend. (although it actually may decrease in the US this year)
This is quite ridiculous.
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There are lots of other points where this study piles unreasonable factors to attempt and shot them as "costs to the public" and fails to show concrete subsidies to manufacturers other than the tax credit.
This is because all other studies point to the fact US made EVs get about 10% subsidized - which is not far off from the economical support these legacy manufactures get anyway from the gov.
(It is worth mentioning that a lot of manufactures world-wide do not get this support at all, looking at the information submitted by GMW following the EU probe - they do not get much subsidies)
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TLDR: Inserting study with lots of info, but from a biased source.
Their claimed "cost" includes consumer savings and blames an unreasonable percentage (100%) of electric grid upkeep and upgrade, electric metering, and other costs on EVs when it is obviously not the case.
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P.S: The main barrier to EV costs is still the US' protectionist approach - the EV import tax imposed under the previous administration as it artificially inflates EV prices by $10,000-$20,000.
This artificial price inflation will not hold for much as (1) recent developments in EV technology allow some manufactures to produce CHEAPER EV drivetrains than modern conventional ones (2) In 2025 multiple foreign companies (such as Hyundai, they're targeting Jan. 25) will open US production facilities and commence domestics EV production, thus negating and avoiding the import tax.