The real reason Tesla EV Sales are in freefall In Germany in 2024
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- เผยแพร่เมื่อ 18 เม.ย. 2024
- The real reason Tesla EV Sales are in freefall In Germany in 2024
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Germany stopped their EV incentives and therefore sales went down.
There, I saved you 6 minutes of your life.
Sounds just about right, and when America removes the EV incentives, sales of EVs will go down here also.
Tesla is foreseeing this and once again ahead of the curve. 🔮
Hence the layoffs of 14,000 + employees ❕️!❗️!❕️
@torben777
Six minutes and 25 seconds is nothing.
From here, I'll be back to watching historical records of World War 2. 💥❗️💥
Those videos are from forty minutes to one hour and twenty minutes long.
Very *VERY* interesting 👍
. 📚📚📚
@@icosthop9998 Tesla could be done within 5 years - competition is heating up, and people are fed up with Musk.
@@zzcossackzz1890 L😂L 👍
*"Mr. Elon Musk"* is in the news, more than any President or any movie star or any singer or any actor.
Since Elon season is year round, he's more in the news than any athlete.
So yeah if you are NOT a fan of his, things can be very overbearing with the Dude.
. *"~Person of the Year~"*
UnReaL
@@zzcossackzz1890 a lot of other "EV only Automobile makers" , will no longer be with us no doubt, since only Tesla and BYD are the only companies making a profit selling EVs.
I live in Germany. I have noticed more Chinese EVs on the roads than in the past. Six months ago it was rare to see a Chinese EV on the roads. At best I saw one a month. Now I am seeing them several times a week, sometimes even several in one day.
Same in the NL. Especially the increase in NIO’s and Xpeng G9’s is noticeable
Well not in North America.
Canada, USA, and so far in Mexico.
@@icosthop9998 Yes in Canada & the US. Volvo sell Chinese made EV in Canada & US, Tesla ships EV from China to Canada.
BYD has increased its share in Australia too
@@icosthop9998BYD is building a plant in Mexico. The world is changing (China, BRI, BRICS)
The U.S. is being left behind and being isolated
nz has no car industry to protect and they removed subsidies, the reason being the govt does not believe in subsidies in a free market, it leads to inefficiencies
you don't actually believe that's the reason right? I mean, why would you?
If that's what they believe in perhaps they can get rid of dealerships and let people buy direct from the manufacturers? Yeah, that's what I thought.
every major industrialized country is a mixed economy. subsidies help get new industries going. particularly ones that are capital intensive. would have been nice to see the incentives gradually phased out overtime. its a shock to industry when they are cut off abruptly.
@@kurtlowder3276 the weird thing is that subsidies come in early on for 'good' reasons then return after market capture for very bad reasons.
Wow how naive, thats the argument they use when its suits them, meanwhile all sorts of gov grants, tax rebates, writeoffs and incentives are being exploited by those in the know..geesh you will be talking about trickle down economics next. NZ the land of hydro and imported energy, and i thought we were dumb in australia
When the EV incentive of $7500 turned off in NZ before I could buy it really did put me off. Probably more so than if it had never existed. Recently Tesla put the price down about $2k for the Model Y here, that is encouraging. Humans huh.
Finally somebody said out. Not only Germany stopped their incentives.
EV market down in Germany by 14.1%, Tesla 36.7%. And VW Group outsold Tesla in BEV category in Germany in 2024 Q1, even with some of its brands (e.g. CUPRA) are missing from the list from that source. So VW -30%+ is only for the brand and all models (also ICE), while for example Skoda increased sales by over 40% in Germany.
VW (Group) in Q1:
Total deliveries up from 2.04 M to 2.10 M
Europe -0.3%, BEVs -24%
US: -2%, BEVs: -16%
China:+8%, BEVs: +91%
If this is true.
You are *"AWESOME"* 👌
Filling in the "Gaps" Sam is not giving us. 😒
I am learning a lot under this video , Reading the comments. 🤔 📚📚📚
You are overlooking the political aspect. Germany has a green ideological government "Ampel" coalition with at this point in time less than 30% support left. That government closed 6 nuclear plants and had to rely on even more coal fired plants. Bundesnetzagentur has prohibited closing down these coal plant in order to prevent the collapse of the electric grid. Some cities were forced to impose limits on installing head pumps and charging stations because the electric power simply is not available.
The extremely high electricity prices have caused well known German firms to close down or to leave Germany. Germany's economy is suffering a recession.
The marxist green ideologues are quite happy to e-industrialize Germany.
By the way the Berlin plant was also shut down for 2 weeks because the Suez channel became blocked forcing the shipping supply to go around Africa. That implieda lck of spare parts, but also China produced Tesla's had many more cars held up in the logistic path for the same reason.
I can't help but think back to when the disrespectful delegates laughed in 2018 when warned by the second American prez in a row not to be too reliant on any single country for energy. They said it made their friendship stronger.
The political aspect is the CDU/CSU taking the budget to the Constitutional Court. Arguing that Global Warming isn't an emergency. An interpretation that the Ampel coalition depended on. But lets hope Germany can shut down its coal power plants by 2030. Good luck!
@@justinr9753 yes, that was dumb. At least the Greens and to some extent the FDP opposed dependency on too much Russian gas. It's a little unfair that they get into the government coalition just in time to deal with the consequences.
That is completely wrong. Shut down of the nuclear power plants was decided back in 2011 under rightwing government of Merkel
But still Germany using coal!
Imagine that, buying a car because it's a great car and not because of government subsidies or tax incentives 🙄
Unimaginable !
Yea imagine if there were no oil subsidies- maybe then we would see the real picture 🤔 (7 Trillion in 2023 a number to large to comprehend)
@@willm5814 Buyer's get a government oil subsidy or income tax credit when they purchase internal combustion vehicles...where do I sign up for this?
@@jonnieinbangkokno numbnuts, you don’t pay the real cost of the cancer-causing, lung-disease inducing, climate-change promoting, stuff that you burn to operate your ICE car - too complicated for you to understand bro?
@@jonnieinbangkok US oil companies received $20 billion dollars in 2023.
You are all ready signed up since you paid less for gasoline.
EVs sales have dropped 28.9%, ICE cars down 3.4% in Germany.
The Australian Federal Government has introduced and passed a Bill into Parliament to amend the FBT Act to place an exemption on EV, PHEV and Hydrogen power vehicles. The principle of this bill is to help make these vehicles more affordable for both fleets and employees using novated leasing. It is designed to help promote individuals and companies to switch to EV, PHEV and Hydrogen powered vehicles to reduce emission levels inline with the national emission reduction targets.
Many EV's purchased with incentives in Germany were exported after the required 6 months to neighbor countries and the first owners made a profit and a business out of the practice. In effect Getmany subsidised EVs for its neighbours as well and the government wouldn't stand for that in the long run.
So they killed the incentives. Any new incentive plan must not have the export loophole.
Insightful. And one more reason why tax breaks always have problems. I feel that in the long run, the best thing that will sell EV's are great EV's, not tax breaks.
Extreme electricity prices in Germany. 18 kWh on the highway for 0.79 €/kWh makes 14.22 €/100 km. With the same money, You can purchase 7.9 l Diesel.
Same/very similar prices in most EU countries. EVs only makes sense with home charging until this is resolved.
0.45/kWh @ Tesla Superchargers 😁 [edit] in Germany. Far less in near NL (€ 0.27-0.30) and F.
…but no maintenance costs and combined with home charging, still cheaper
No maintenance costs may be true for Tesla only. We had a KIA BEV and now a Hyundai BEV, you have to pay similar or more money to the dealership for mandatory "stamping" as for an ICE service.
Not only Tesla, I own a Skoda and I have paid 0 service costs so far in 1.5 years.
They stopped their incentives programms, and right so.
. Rightfully so*
Yep, you are correct.
😮
The incentives are why a lot of people bought those cars.
Plus made EVs affordable to a lot of people that otherwise couldn't afford an EV ❕️💲❕️
When America removes the EV incentives, sales of EVs will go down here also.
Tesla has foreseen this and once again is ahead of the curve. 🔮
Hence the layoffs of 14,000
+ employees ❕️!❗️!❕️
So many people that follow this channel are pretty well off and have no clue what the middle class and lesser class people are going through. 🤦🏼
@@icosthop9998 odd that you just keep posting the same shiz everywhere on this tread. I wonder what the deal is with that. A shill of some kind / bot farm oddity.
@@brucetaylor2887 Trying to get our man Mr. Sam some more money. $💲$ 😉
The reason I am a *"**#Patron_Member**"* is to get this channel some financial aid.
The more the comments under a video, the bigger check it is for the owners of the Channel.
That is one of the reasons , No channel says anything bad about the Scammers, that equal more words to the channel and more money to the channel also.
*"You do know you have the opportunity to block from seeing anything coming from me and my channel"* .
If you do so, it prevents you from looking like a stalker. 😶🌫️
P.s. : Again, Thank You for getting a lot of commotion going for the *"**#Algorithm**"* and Sam getting a bigger paycheck 💲$💲$💲 From *TH-cam* .
The more *"**#Comments**"* , the bigger the paycheck. $💲$
*_"PLEASE COMMENT BELOW"_* 🤑👍🤑
I think part of of this is that knowing ev incentives would end, many people bought evs while they could still get incentives, who otherwise might have waited until 2024 to buy. I would have, given that situation.
The stop of incentives was very sudden in only a few weaks!
.
The incentives are why a lot of people bought those cars.
Plus made EVs affordable to a lot of people that otherwise couldn't afford an EV ❕️💲❕️
When America removes the EV incentives, sales of EVs will go down here also.
Tesla has foreseen this and once again is ahead of the curve. 🔮
Hence the layoffs of 14,000
+ employees ❕️!❗️!❕️
So many people that follow this channel are pretty well off and have no clue what the middle class and lesser class people are going through. 🤦🏼
Incentives were cut because the government faced a huge budget shortfall due to the Supreme Court striking down a scheme to use Corona money for environmental protection. That is the real reason!
Vw is the top selling car in Germany. Dacia sold more than Tesla, who was in 22nd place.
If you compare apples and peas. Electric vehicles only, Tesla MY leads far in front of VWs combined EV sales.
those who have the money and want a EV already bought it, now those left are those who are either can't afford it of simply don't want it
Many people (like ourselves) are waiting for this Chinese EV tsunami as well. Probably the second half of this year there will be huge discounts on new EV's here in Germany.
Embarrassing. Selling out your own industry. I expected more from Germans.
Thanks Sam for spending so much time and effort checking the facts as best you can, then getting them to us. I don't know how you continue to deal with all the misinformation and BS...I couldn't do it!
Interesting that you haven’t made any reference to Tesla actually retrenching 10000 staff.
He said last week, that he would remove his channel if those rumors were true. 😂
Just waiting if he is good on his promises. 😂😂😂
While I'm not taking anything away from the discussion about the inability to compete in the EV space with China, the incentives died because the government found themselves in a budgetary deficit incurred by unrelated policy changes. Canceling the EV incentive was one of the measures to balance the books.
totally no one mentioned the cost to government, never meant to be a 'for all time' thing. NZ capped it and said when that amount runs out then it is done.
One off the reasons is the same as me, I have a Tesla Model 3 Performance and what I see is the depreciation in EV that is bigger compared with ICE cars and for helping is the reduction prices made by Tesla is very bad for the client,
I love Tesla I wanted to buy other but I’m going back to ICE cars back to petrol 😃
It’s all lobbyists Detroit and Europe, I don’t own one , I don’t have stock, manufacturers can’t compete with the highest rated car on the planet. All bad press because the wealthiest man bought twitter and took their brain washing toy away
The updated Tesla model 3 has alienated a lot of mainstream buyers with some of their improvements like removing the blinker stalk. Many will wait to see what the competition will bring out, which could hurt tesla sales. I hope they learn to stop alienating the mass market.
True test drove the new m3 and it failed in basic controls. I need a normal display in front of me and stocks.
Ev new car sales are down because 1, subsides are reduced or gone, 2nd hand ev market cars are 40% + off so why buy new, 3, new buyers are waiting for better battery miles and charging speeds and charging infrastructure to get better,4 High interest rates and recession on in many countries so why buy a luxury item you don’t have to buy.5 Some insurance companies don’t like pure ev’s like Tesla and charge a much higher premium or refuse to insure.
With better batteries I think the car category likely to have the best sales are hybrids. Unfortunately for Tesla and other pure BEV’s zero sales here.
This ☝
They stopped all incentives in the netherlands for cars with a catalogus price over 45000 euro.
Already years ago.
Still a lot of people buy those more expensive EV's.
(I must add to this that the tax on buying a car depends on the CO2 production (using wltp usage) at the exhaust pipe. In other words...Zero CO2 means zero tax...result of this is that especially with the more luxe brands an EV even without direct incentivs does not cost a lot more than an ICE...
But due to high energy taxes (also on electricity) makes that the savings on energy with an ev can be high. Up to 10 eurocent for each km. Only this makes energy costs when driving 25000 km a year 2500 lower.However, electricity from solar panels own by someone are not taxed at all...adding a few more cents /km savings if you can charge at home and own enough panels.
It's a good time to get a deal in the US. A week ago I bought a 2024 Kia EV6 Wind AWD for $43000 (before tax but including fees). MSRP $55960 + $3285 in dealer installed add-ons (window tint, paint sealant, door film protection, tire nitrogen, SWAT). 27% off full list and 23% off MSRP.
No matter how cheap you got it, it's going to depreciate like a stone. Should have bought a Toyota hybrid....
@@ilollipop100 Resale only matters if you plan to sell it within a few years. I keep cars a long time.
Stop paying for nitrogen. Air is already 80% notrogen.
Could it be German reliability?
My (still under warranty) 2019 GTI just got ANOTHER recall notice regarding a part that is not yet available to install. TPMS, ABS module AND just yesterday… I got another notice, and it’s for a component in the Fuel tank.
“Fire risk” stood out.
I haven’t had app-connectivity since 2021 because they STILL don’t have the 4G module for my telematics…
(I repeat - Still under warranty)
The new Mk8 GTI has a completely plastic interior, an electronic parking brake, and seems to be priced too high for something that feels like a used Ford Focus…
One of the things that caught my eye. Many years ago was how when they went from 4G to 5G , only Tesla came up with a compatible 5G adapter.
Even though I did not have a clue how nice it was for Tesla to do that.
All the other Auto companies making EVs.
Wanted You can buy one of their new EVs.
No, customers ARE saying they don't want an electric car. When they make that statement though it's not just the item they mean, they're talking about the whole shebang.
I don't want a Rolls Royce, why not? Because it costs too much to run.
Interestingly BMW will launch the new Mini Aceman (small suv electric built in China) Countryman Se JCW and BMW i4 new model generations, in Beijing at next week’s car show not Germany.
Germany has large installations of both wind and solar but have low utilisation of both so the prices will not come down there!
Facts are facts, numbers are numbers... Sales went down.
I work on electric cars and have been for the past 6 years. They are great if it's a lease and you have a stage 2 charger in your garage.
However you never want to be on the hook when the battery goes out. The money you will be saving you will put into tires and a new battery at the end of ownership. Right now a car payment on a high end electric car is 1300 plus interstate so let's say you pay 1500 a month after interest vs a car if the same size for 800 or 900 but you will pay for oil changes, fluid flushed and the occasional mechanical repair every few years. The amount you save is astronomical over the long term.
Imagine you are the second owner and just paid off your electric car you are out of warranty and your battery decides to go out rendering the car a big paperweight. You call your dealership and have your car looked it and they quote you$30,000 to $50,000 depending on the manufacturer for a new old stock battery that's been sitting on the shelf for 7years.
You ask the dealership how much it will cost to trade in the car and they said as it sits $1,500 towards a new car, this price is what copart will pay to haul off the car to the auction block. The dealership does not want that car on their lot.
This will be the future, true throw away cars. None of the electronics can be recycled because the electronics even headlights are Vin seared and cannot be reused.
I will continue to drive my gas car until the wheels fall off. Then I'll buy another one.
You can get a new battery into a 10 year old Leaf for €5-10k, depending on battery size. You can get an EV here for under €200 per month.
If you can charge at home and plan on buying a new car anyway, an EV is a no brainer unless you're doing long distance driving all the time.
It costs me €1.20 to drive 100km with home charging. It used to cost me €11.
In addition, the electricity here is produced locally. It's about 35% renewable, and increasing every year. Why would I want to pay for the import and refinement of oil?
I also don't want to deal with timing belts, clutches, spark plugs, oil changes, radiator leaks, EGR valves and all the other stuff.
Not polluting the local air in our city is another benefit. Petrol isn't too bad, but the smoke some diesels spew is bad.
Just to let you know, I speak from experience of owning both types of cars, with ICE for most of my life. They're more fun around a race track and I like the sound of a V8 or 2 litre turbo, but I can have one as a hobby car. EVs are simply better for everyday use, no question.
Interest rates make them even more expensive.
Have you seen the resale value of ev,s.?
If they go wrong EV's are difficult to fix , especially out of warranty. Still not enough trained mechanics. Often, you have to go to the main dealer . Often car not worth fixing.
Not worth? It's not like they're cheap.
@dogsbodyish8403 . In Guardian there are two examples of Renault Zoes being written off. One being 5 years old £30k new , out of warranty. A heater fault occurred 9k to fix. Car was only worth 5k. This is not unusual.
@@johnh1872 Renault should be ashamed of themselves - a transparent rip-off. Remind me not to buy a Renault (actually I did once, it developed a gearbox fault and it couldn't be fixed because the part had been discontinued - so the car was scrapped).
Also i think people realise that the EV tech is improving very quickly and so are waiting for the better driving range?
That's almost certainly a reason - battery technology is improving so rapidly that it pays to wait for cheaper/better...
Hang on, does this mean that government incentives were the only reason people were buying EVs in Germany?🤯
No Ev for me as it’s far more costly to add to my solar system just to accommodate a power draining EV, no thanks. Better with a hybrid, as I would rather have more options.
If you think this quarter is bad wait until the next one and the one after that. 90% of EVs sold are company cars
There still is a huge tax incentive on BEVs for company cars in Germany (0,25% instead of 1% on the gross price)
Sam, here in the UK the reason why many people are no longer buying EVs is because people simply don’t trust their governments. With an electric car they fear that they can just be shutdown or control where and when you can drive. People don’t want anything that can be accessed over the air and assume petrol/diesel cars offer them the freedom to go anywhere at anytime. They haven’t really considered the fact that modern cars are just as susceptible to over the air control, Road sign recognition and automatic vehicle control are already in all new cars as a requirement to meet EU legislation.
In other words the lies, misinformation and fearmongering is working.
Rubbish….the minute they are cheaper, uk consumers will be back. At the moment the media myths are winning but not for much longer
I believe many ice vehicles can be controlled over the air also. I know that doors can be unlocked, for instance, if you lock yourself out. I am guessing that perhaps engines could be prohibited from starting very easily also. I don’t know if that is done right now, but it could be easily implemented if big brother wanted to.
Well…. if that is the concern, you should not use ANY car. You should ride a horse or something that has no chips in it.
OTA software updates are not the sole province of EVs! I think most new cars these days have this (useful) feature - but you could view the country of origin a reason for suspicion...
Will be difficult to charge your ev during or after the wars.
Seems like most companies that lost money on every sale of their product would stop making that product.
At this time there are only a small number of people and locations that an EV are practical for.
People are also finding out that buying an EV to demonstrate their virtue costs them a lot more in time and inconvenience than the virtue points are worth.
I feel this way in the USA . The incentive for one year was just dumb.
So basically both incentives went away and new technology is coming out as well that people may want to wait for.
your second answer is never mentioned. people have access to information. I think some of us advocates bragged too much about how cheap EVs would become. obviously these companies more early adopters to pay high prices to pay for the transition. also, sad that the west and China cannot be peace to tackle climate change together.
@@kurtlowder3276 Yes I don't have to just parrot what the video says.
EVs are literally becoming cheaper even this year. BYD for example are getting their more efficiency battery in cars this year. NIO also has solid state while means you can have smaller ones at lower cost for similar range.
@@kurtlowder3276 Countries don't need to be 'at peace' to tackled climate change together.
China is rushing forward on that track on their own steam and all industrialised countries can do the same. If they refuse to and use 'hostilities' as a reason that's just a poor excuse.
@@kurtlowder3276You are exactly right there. You fanbois definitely convinced me to hold off on buying an EV until all the improvements you have been claiming come to fruition. Why on earth would I buy an EV now that will be obsolete next week or next year.
@@JohnSmith-ux3ttwhy did you buy Nokia (or other button phone in 90’s and early 2000s) and let phone mature into something that we get today? We have a short life and we want to enjoy the good experiences as much as we can. I bought model 3 4 years ago. Even though it has gone cheaper over time (like all technologies do), atleast I enjoyed that leap into future for 4 years of my life. In fact I sold my other ICE car 6 months after Model 3 because I know I am never going back to ICE. But you won’t know this feeling till you have driven Tesla yourself for few weeks.
Bad research here. Domestic solar power in Germany is relatively insignificant, if you had ever visited you would know why. Wind is by far and away the country's largest source of renewable energy (4-5 times as much wind as solar). Solar counts for only a little more than burning wood chips (something Germany counts as renewable but most people consider a bad idea). The country also relies on nuclear power imported from France and Sweden to balance its network. Some solar power though does make its way to Germany from as far afield as Spain.
In Germany for 2023, solar was 12.2% and wind was 31.1%. The total contribution from renewables was 55% with plans to increase that to 80% by 2030.
A *"Serious"* conflict here !❕️!
Which one of you is correct ❔️
Believe Mark. Solar is thriving in Germany, despite the bad weather, well exceeding the original expansion goals in 2023. +14.6 GW installed in 2023, in total more than 82 GW installed base now! Don't understand how anyone could call this insignificant.
Yep, he should have said renewable, which I think is around 60%
Softwood chips ARE a renewable source - but may be classed as "dirty" in terms of their local pollutants. So, green but not clean.
How about VW's electric vehicle plant in Chattanooga Tennessee USA becoming unionized now?
All VW plants around the world are unionized. The only time they're not is when Republican politicians convince the poorly educated that it's a bad idea for them. 🤭
Wow o who would have thought , subsidies are the only reason theses vehicles were palatable
Hahaha bring back incentives for something that’s booming 😂
This reminds me of another incentive based product a few years aho.. it was so popular, people were harassed, bribed, tricked and blackmailed to take this product..
funny how now there is no “incentives”, no one is taking the product 😁
hmm. once people DON'T get paid to buy them ev sales drop. says a lot.
You telling me the 20% vat tax on goods isn't going to impact there decision?
Does this constitute financial advice? Sounds like it. I assume you have shares in Tesla, BYD.... Hmmmm.
So salty….
All subsidies and tax incentives should be removed from EV’S. In addition all subsidies and tax breaks should be removed from the petroleum industry and taxes should be implemented to capture the health costs caused by the particulates in tailpipe emissions and the refining process that is leading to many premature deaths. The grid and renewable energy should be subsidized which will drive the cost of electricity down. At that point let the consumer decide which vehicle is best.
Most car brands sales drop in Q1 vs Q4 Even the big ones.
I just picked up my Model 3 LR, its a thing of beauty, no issues, extremely well built
And efficient with it (plus painless access to the - cheap - Supercharger network, which itself is a game-changer for some).
So funny!! The word plummet used with a 14% decline 😂😂😂
Governments paying for cars is stupid
German government is acting responsibly, tell me, why should they subsidize a development that is killing German auto and hence their own stream of income?
Incentives were cut because the government faced a huge budget shortfall due to the Supreme Court striking down a scheme to use Corona money for environmental protection. That is the real reason!
As Sam himself concludes.
It's not about killing our own car industry, it's about making it future proof. If they don't do the business, the Chinese will.
I think we forgot that the EV transition was needed to reduce the air pollution. German auto did the Diesel Gate.
@@user-wjl1568 Pollution is secondary these days, survival always has top priority, for anyone. Seeing how other major car manufacturers like Toyota are handling the EV transition, why should the Germans then commit hara-kiri? Finally, they are not banning EV's, they just don't want to give away thousands of Euro for each EV sold (often exported anyway by the buyer and with a potential of being a Chinese brand) and then at the same time cut down on vital expenditures like military (due to Russia's aggressive behavior) and basic welfare. Get the picture?
VW has a lot of employees(VOTERS )and if they want the government to reduce incentives that’s probably going to happen. I hate the way my TSLA stock is going! I just need to live long enough for it to turn around, and I plan on that.
Thanks Torben; well that is correct German economy is bad; interest rates are high; but cutting "incentives" which is really giving money from one tax payer to another to buy a vehicle; ended requiring people to shell out many thousands more if they want an EV. Add to that; EVs are impactical if you do not have a garage to charge at; which most gerrmans don't, and you have a totally impractical solution at a higher cost; with little chance of recouping that cost with home charging.
All Legacy car makers are in desperate trouble, so you can see why they want someone else to solve the problem for them. The only things they can do are to slow the pace of change. However, Tesla and Chinese manufacturers are not going to slow down one bit while the Legacy car makers are trying to avoid the inevitable changes. Telsa has started something that's absolutely unstoppable, and it's going to be carnage for much of the industry who just can't get their act together.
I’ll tell you the reason: electricity costs way too much. 0.5EUR/kWh. It costs less to run an ICE car.
Why should EV's be subsidised? There is no reason
Germany would need to pay the subsidies directly to the auto manufacturers like China does. By rewarding the car buyer, who then buys a Chinese car, the German government is subsidising a Chinese manufacturer that's already received payments from Beijing.
Tesla has to start ramping up service infrastructure and bring the cost of repairs down... which in turn should lower insurance costs... should be a win win right? This has to happen if EVs want to gain mainstream adoption... as people are catching on to the hidden longer term costs... that EVERYONE has been fudging over...
Hey , are you ready to debate EV Guy Australia or are you still scared?
Maybe everyone like me is waiting for the Model Y refresh.
I think that's definitely a problem for Tesla right now, as the refreshed Y is the only one I might trade my current ev for.
True. I won’t even trade my current EV (model 3). I will just buy another Model Y once new Juniper model is available.
I'd liketo see model 3 production in Germany! Make it €25K! ♥️
Maybe they dont want ev in case they a scratch the battery and right of the car.😢
Chinese cars are taking over.
Anything the govt promotes, run. Sort of like that shot thingy
U forgot to mention the Red Sea huthis attack which delayed weeks
Another good reason for buying an EV - oil availability.
This video completely ignores the fact that many used car dealers in Germany are refusing to purchase EVs. Many authorised dealerships will no no longer accept EVs as a trade-in.
What many do not understand about Germany is that a relatively affluent minority that own a house have by now purchased an EV. That leaves the rest of households living in rented apartments for whom EVs are not àn option. This is not rocket surgery.
If EV sales are dependent on incentives electric cars is a false economy
ICE cars have been supported by fuel subsidies over a century.
Similar to the false economy surrounding ICE cars when the US taxpayer funds a limitless private security US Navy escort for worldwide oil shipments. If the US taxpayer did not artificially support the world oil industry with exclusive private security gasoline would be much much more expensive than it is now. Likely around $10/gallon.
@@nerdbikes3841 oil isn't exclusively for gasoline, dope...
I guess you're leaving out to 6 to 7 trillion dollars in fossil fuel subsidies worldwide? Fossil fuel subsidies are okay but propping up electric vehicles with~$ 200 million that's not free market capitalism 😂😂😂😂😂😂This is an utterly clueless and ignorant statement
Exactly.
Just wait until EV tax credits get deleted in the US.
Germans makes the best diesel cars. Cheaper than EV if you look at TCO. Range 1000 km. Refilled in 5 min
Maybe Germany wrong energy policies has make their environment unfavourable to EV
they should restart nuclear power
They should just reopen the previously closed nukes. Such a waste to lose that energy source. But they will never admit to error, pretty stubborn really.
But but Merkle was scared of nuclear power.
@@JohnSmith-ux3tt
Merkel didn’t know Russia - Ukraine war will happen and her successor let nordstream blew without any struggle
Sorry no chinese car by principal 😑
Kia or Hyundai (or Genesis) 😊
Chinese made batteries are the problem 🇨🇳
Elon has lost his mojo. No new Y for me \...unless the price goes down 30%., Rob taxi...ugh. Cybertruck...double ugh.
The simple reason is electric is expensive!
But costs are coming down, not the reverse - which would usually result in increasing, not decreasing sales. Except that price deflation is a reason for putting off purchase - which is probably what's happening here, coupled with subsidy removal.
German economy is faltering. People are withholding unnecessary purchases.
Theyve been selling overpriced shite for the last 15 years unfortunately for the muggs who got hood winked 😅
Waiting for the solid state battery is a good idea
Why? Even my 10 year old batteries are still in good shape and provide all the power I need for driving. Why wait for a quantum computer when you need to do calculations now?
@@dirkvornholt2507 it enables the EV to have a higher range, over 1000km, and it’s coming soon. I saw the news release of a Chinese company having a prototype of 720 kWh/kg.
@manimalworks7424 It's 720Wh/kg, not kWh/kg. Sure, that might enable even more EVs to fulfill some extreme driving profile needs, but most people don't have such extreme needs. It's just like with computers today. If you need a computer now, it makes no sense to wait for the next generation. It also makes no sense to buy an abacus (ICE car) unless you're a collector of antique technology. The wonder batteries are more like a promise to delay energy transition than a thing that hits the market soon. Certainly batteries are improving, but there are more dimensions than just energy density to focus on. (Longevity, price, charge rates, power rates, cold performance, safety, availability of resources, etc.) Most improvements in battery technology are evolutionary, not revolutionary.
Careful though - the viable solid state battery may turn out to be another Fusion.
Real fall is coming in April.
Reason
Golf ab 27 200.
ID.3 ab 39 900. ID.3 have to go to 30 000.
Western EVs are too expensive vs their ICE counterparts. Chinese EV and Western ICE cars are heavily subsidized. EVs have a very unfavorable depreciation rate vs ICE since technology evolves way too fast and the owner is afraind to pay too much for a rapidly depreciating asset. An EV becomes obsolete in a year while ICE had the same problem in the USA in 1950ties with planned obsolescence. These days there is nothing to improve in an ICE car thus it doesn't get obsolete. EVs are still perceived as local cars. ICE are perceived as road trippers. In Germany there is a such developed public transportation so anyone can buy a single vehicle per family used as occasional road tripping transportation. Thus the family can have an ICE car used very seldom for long journeys.
In the USA commuting cars are a must most places. I believe that market has huge advantages for EV makers since on local level EVs win the competition with ICEs and lack of public transportation.
Ex are too expensive.
The average car sold in EU looks like VW T-ROC, Renault Clio.
This are 25k euro cars.
An EV with autonomy around 500 km is around 40k.
I think cars like Renault 5 are a better option. You pay around 25k for around the city car.
For now EVs are cars for upper middle class who buy them for status.
There are still Chevy Bolts around for low prices, and my euv has had zero problems.
I bought mine 7 years ago and not for status but for cheap driving. ... and it works as expected.
Mostly party members, driving them with discounts...😢
@@DG-hw8it Of I would have a pizza delivery business, I would buy a 20k EV.
So... The only reason anyone buys an EV is because they're subsidised? Any other calculation inevitably leads to a different conclusion? You may be onto something there... The only reason they sell so well in Norway is the tax breaks and subsidies on offer,
Without subsidies EVs would be a niche purchase for the wealthy, but the rich don't care about gasoline costs. EV subsidies are a wealth transfer from the poor and working class to high income owners.
Tesla must find à way to sell new EVs at the cost of a used RAV4
MG4 at $25k US or roughly that amount around the world, is a great buy!
That's the one for many of us who want Corolla price but a new EV!
what about gasoline subsidy around the world?
Good God how many times can you post the same nonsense in every video. The same trolling nonsense. Don't you get bored? Don't you think you might say something different? Or are you just a bot
@@yulusleonard985 Gasoline subsidies are a canard. They are almost exclusively in very poor countries, where both food and energy are generally subsidized to keep the people from rioting. In the developed world, they are almost non-existent. There are no special gasoline subsidies in the US. Sometimes, externalities, like pollution, are considered "subsidies", but you could claim that about EVs (for the extra mineral mining, and manufacturing energy) also.
@@dzcav3 "Developed" word like USA subsidy their oil companies instead consumption. Japan and Europe directly subsidy consumption and I dont see them as poor.
There should be NO incentives for EVs.
If you can come up with a clean burning fuel for ICE cars game over. And please,no clean diesel.
@@jaaklucas1329 OK, but I don't acknowledge the "existential threat" of CO2 emissions.
@@rlsedition Im more concerned with the air pollution were breathing especially diesel.If we clean that up I dont care what tech we drive.
@@jaaklucas1329 Current vehicles have already removed 95% of the emissions; there is no need to move to EVs.
@@rlsedition Semi trucks are more important to get clean to me. If you think cars are though turn your car on in your closed garage and see how you make out. Then multiply that by 1.5 billion worldwide.
Cheers mate
with out incentives EV's remain niche
Fossil is heavily subsidised.
Worst is ignoring damage done by various pollution, health effects, environmental damage, global warming.
Tesla would do better without subsidies, which just prop up inefficient, fossil, legacy car makers.
Your FUD is losing battle.
They are far from niche and growing massively in the world biggest car market, China. That trend will drive EV mass adoption everywhere.
It doesn't suprise me. People are waking up to the disaster of EV's. A customer here in the UK has received an £11,000 bill for fixing the heater in her Renault Zoe EV that is only 5 years old. So with her car worth £5000 it will be scrapped! Renault had refused to fix her car under warranty. EV is an ecological disaster, they will only last 5-8 years compared to 20 years for a Petrol car. My petrol Rover is 25 years old and will last till I give up driving! Fact.
Why would you give up driving such a great car - Rover 😁
Month to month fluctuations are nothing new. The long term trend is up. Negatives, disruptions, vandalism, winter performance issues, incentives removed. All will be resolved long term. It's not worth being overly concerned about. It will ultimately still be cheaper to operate an EV than an ICE vehicle. That's all one needs to know. Long term it's an EV future, not an ICE one. Near term more hybrids for sure, but long term it's EV. Hydrogen ( the also ran ) wont even get a look in.
Stellantis says that battery weight needs to be halved within the next decade. Current electric vehicles are too heavy and unsafe as far as combustion goes. It's not a good thing to be forced into a technology that isn't ready. There's a lot of talk about solid state batteries and I'm sure they exist in prototype form, manufacturing the same is the bottleneck.
价格是中国的两三倍，卖得动才怪
Tesla is losing its edge. Competition has arrived.
They’ve been saying the competition is coming for the last decade and we’re still waiting for it to arrive 🤣
@@user-zo2pc5lu5q BYD sells more cars in China than Tesla. The competition has arrived.
Nobody said the competition was equal in 2014. Where do you get your talking points? FOX?
@@willtwain1383 Half BYD car sales aren’t true EV they are ICE vehicles with a vibrator size battery 🤣
We notice how you didn’t mention the specific competition and where this is happening. Why is that? Be specific.
Afternoon mate
I don't the incentives will return but not need. Every time this has happened before has been a short term effect. In 2025 if not just last quarter, sells will raise again.
What's going to happen when the cheap EVs arrive,i wonder 😊! Who knew ,not VW 😂