German engineering at its finest
Question...can someone explain to me why you should buy a Tesla...LOL
Another Chinese cheap EV landed on the European market - The MG4 manufactured by SAIC.
It's another small EV crossover that goes head to head with the Corolla HEV (same price, 3.2" shorter, 320 lbs heavier).
It's rated at 220 - 280 miles (depending on configuration) with pretty good efficiency (160 Wh/km)
But with cheap fuel it still does not make too much sense 100 miles would cost $2.4 on the MG, and around $7 on the Corolla Hybrid (at 50mpg) based on US average fuel and electricity prices as of april 2023 - so over a 150,000 mile lifespan that would be a $6,900 difference.
With good enough performance in crash tests (5 stars, but 'only' 83% adult occupant safety category, 2% less than a Corolla Cross, 6% less than a Civic [all tested under the 2022 crash test standards])
And it has been a best seller over the last few months since its release.
Which is not suppressing considering MG has made quite a few EVs and they're generally associated with up-market PHEVs.
Electric car drivers frustrated over lack of charging stations in Nevada
LAS VEGAS, Nev. (FOX5) - Finding an electric vehicle station is not something you want to wing here in southern Nevada. For visitors and locals alike, a trip in an electric car has to be planned and outlined in advance. Some EV drivers tell FOX5 what we’re missing in the state.
”It’s kind of a hassle, there are some stations around town but most of them are down,” said Jesse Barker who’s lived in Las Vegas for two years. He says he makes frequent trips to California, “I have to stop every 150 miles to charge,” said Barker.
For him, the pros outweigh the cons.
“I don’t mind spending extra time on the road if I’m going to save 600 bucks on a road trip for an hour to an hour and a half, I’m fine with the wait if they want to dart there and come back, I could see it being an inconvenience,” he said.
Electric charging stations are few and far between in Nevada.
“We came from Phoenix two days ago, we stopped in Kingman which is pretty much the only stop down from Phoenix to Vegas,” Caroline Clay.
“Sometimes the lines are difficult sometimes people aren’t so nice when vehicles are fully charged,” said Clay.
Tourists say that’s the theme they’ve noticed.
“When I went to my first electrical charging station, nothing was working and people were waiting, calling to see what happened,” said Stanley.
From San Francisco, Stanley says it’s been a pain trying to find one that works.
“Luckily I got this one out of the four and that one’s not working either,” said Stanley.
In 2015, the Nevada Electric Highway was born, making dozens of charging stations along U.S. 95.
Terry from Surprise, Arizona says he loves traveling to Vegas in his EV despite the stop in Kingman.
“I used to have a high-speed Camaro in my younger days and I sold it went to this electric car,” said Terry.
For him, it’s just a little bit of work but it’s all worth it.
“It’s softer and easier to drive the only difficulty is learning how to use these charging stations, you just have to be patient we’re in a learning curve,” he said.
I recently saw a video (posted below) that might interest the community.
It is about car dealerships and EVs.
(I hope I am not breaking rules by posting it, sorry if I am)
Transmission fluids tested on Project Farm.
Is your automatic slow to shift in the morning when cold? Maybe some Redline will help.
VW patented assembly process
Do you know about the patented volts wagon assembly process that they have now?
Not car news, but definitely something worth reading if you're a do it yourselfer.
Hey scotty, I got one for you from the story of electric car bollocks. This is the second ship to be burnt to the sea and the first lost of life.
And yet the UK GOVERNMENT want to get more electric cars on the roads, but yet they have gone back on the 2030 mark, as I like to say they do not know the elbows from there own arses.
Anyway on that note I have a chrysler 300c 2008 estate V6 deisel which is a 0M642 Mercedes
Still going strong with 119k on the clock.
The Hagerty Drivers Foundation youtube channel has a great series of automotive historical and technical videos that some here may find of interest.
For example, the following Hagerty documentary illustrates that as hard as it may to be believe today, at one time Chrysler was an engineering powerhouse - even though some of the technologies they pursued turned out to be dead ends:
Parked 'strategically' after the fire.
That is insane. Are EV’s even profitable if the battery cost that much?
It’s official: the UAW strikes as of 9/15 and for the first time they hit all 3 of the Big Three at once in a targeted strike.
A new Reuters report details that Tesla, the world’s leading electric vehicle maker, is gaming the EPA system to vastly overstate its vehicles’ range and also diverting claims from drivers who are seeing as little as half the range.
The Reuters investigation uncovers a lot of details on the inflated numbers that EV experts have known about for years, charitably calling Tesla’s range estimates “optimistic.”
Also, Tesla faces a class action lawsuit in California over its false EV range claims.
A new paper published by SAE (Society of Automotive Engineers) International looked at highway (75 mph) fuel economy of ICE versus EV vehicles. It used data from Car and Driver who, starting in 2016, added an on-road highway fuel-economy test, conducted at 75 mph.
The results: EVs underperform on real-world efficiency and range relative to the EPA figures by a much greater margin than internal-combustion (ICE) vehicles. While the latter typically meet or exceed the EPA-estimated highway fuel economy numbers, EVs tend to fall considerably short of the range number on the window sticker. Buyer beware!
BYD overtakes Ford, becoming the 4th biggest selling car brand worldwide in August.
(BYD is within 0.1% of the top 3)
Rumours are saying its a EV news outlets are saying diesel anyway big fire over in the UK with a car fire destroying a carpark/lot keep an eye on it I know how much you love EVs.
Scotty, I found today’s article in today’s Wall Street Journal titled “China Tightens Chokehold on Graphite Needed for EV Batteries”
In the article it said that car manufacturers actually prefer “artificial graphite” It went on to say that artificial graphite is made out of, you guessed it: Petroleum Coke, Coal Tar and Oil. 😀
Jim from Rochester MN
Coming next: Quantum Engines?
That's interesting one
Scotty and Toyota Chairman Akio Toyota, you were right all along!
Article from Business Insider sheds some light on EV sales:
With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term.
Several C-Suite leaders at some of the biggest carmakers this week voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk.
Among the surprising hand-wringing is GM's Mary Barra, historically one of the automotive industry's most bullish CEOs on the future of electric vehicles. GM has been an early-mover in the electric car market, selling the Chevrolet Bolt for seven years and making bold claims about a fully electric future for the company long before their competitors got on board.
But this week on GM's third-quarter earnings call, Barra and GM struck a more sober tone. The company announced with its quarterly results that it's abandoning its targets to build 100,000 EVs in the second half or this year and another 400,000 by the first six months of 2024. GM doesn't know anymore when it will hit those targets.
"As we get further into the transformation to EV, it's a bit bumpy," she said.
While GM's about-face was somewhat of a surprise to investors, the Detroit car company is not alone in this new view of the EV future. Even Tesla's Elon Musk warned on a recent earnings call that economic concerns would lead to waning vehicle demand, even for the long-time EV market leader.
Meanwhile, Mercedes-Benz — which is having to discount its EVs by several thousand dollarsjust to get them in customers' hands — isn't mincing words about the state of the EV market.
"This is a pretty brutal space," CFO Harald Wilhelm said on an analyst call. "I can hardly imagine the current status quo is fully sustainable for everybody."
EVs are getting harder to sell
But Mercedes isn't the only one; almost all current EV product is going for under sticker price these days, and on top of that, some EVs are seeing manufacturer's incentives of nearly 10%.
That's as inventory builds up at dealerships, much to the chagrin of dealers. While car buyers are in luck if they're looking for a deal on a plug-in vehicle, executives are finding even significant markdowns and discountsaren't enough. These cars are taking dealers longer to sell compared with their gas counterparts as the next wave of buyers focus on cost, infrastructure challenges, and lifestyle barriers to adopting.
Just a few months after dealers have started coming forward to warn of slowing EV demand, manufacturers appear to be catching up to that reality. Ford was the first to fold, after dealers started turning away Mach-E allocations. In July, the company extended its self-imposed deadline to hit annual electric vehicle production of 600,000 by a year, and abandoned a 2026 target to build 2 million EVs.
In scrapping plans with GM to co-develop sub-$30,000 EVs, Honda CEO Toshihiro Mibe said the shifting EV environment was difficult to gauge.
“After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV," Mibe said in an interview with Bloomberg this week.
For some, this pullback is no surprise.
"People are finally seeing reality," Toyota Motor Chairman Akio Toyoda said at the Japan Mobility Show, the Wall Street Journalreported. Toyoda has long been skeptical of his peers' pure-electric blueprints.
The California New Car Dealers Association (CNCDA) reported that through the first nine months of the year  pure battery electric vehicle (BEV) sales accounted for 21.5% and were 22.3% in Q3. A year ago  the figure stood at 16.4% year-to-date and was only 9.1% in 2021.
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.
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).
Rest of article can be found here:
Scotty talked about it in today's video
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%