The IEA says Global EV Sales will smash records In 2024
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- เผยแพร่เมื่อ 25 เม.ย. 2024
- The IEA says Global EV Sales will smash records In 2024
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#evsales #iea #smash #evproduction
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I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...
stocks are overrated now. buy gold , 5% in crypto . rest in cash. and wait for the stock/property/land. price to crash . but them after it stops dropping for 7 - 12 months at the bottom.
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.
@@finleysterling562 Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
Ethan Grayson is one of the finest portfolio managers in the field. She's widely recognized; look him up.
We just got an MG4, our first EV. In Ireland the car and home charger grant was halved but we still decided to go EV. Happy we did, it is so easy to drive with one pedal driving. Plus the cost saving using a night rate charging tariff. Thankyou Sam .
Well done and I hope that you continue to enjoy your new car.
At least you’re still getting something in Britain they wilted down the grant to £1,500 then got rid of it completely they also stopped the homeowners grant of £500 for a home charger! So much for wanting the public to go electric it’s all talk and no substance
@@user-zo2pc5lu5q Good why should us peasants pay rich folks grants ?
@@user-zo2pc5lu5q Boris J was a lot more pro-EVs than the current incumbent.
EVs are great, but I am avoiding anything coming out of Communist China as long as they are on the side of Ruzzia
Tony Seba is right about the IEA. They don't even understand that disruption is always on a sigmoid curve instead of some kind of linear ramp, although its initial adoption is linear for a while but we're well past that and on to the exponential ramp. Amazing that they don't get that.
I got solar installed earlier this year, and trading my hybrid in on a BEV next week. Thanks for the great presentation.
I just came back from a mall which displays Nissan and Chery cars. 90% of the people crowded at the Chery booth because of their beautiful and affordable Omoda EVs
all that glitters is not gold
"By a factor of 6 or 600%" 600% growth represents a factor of 7. Note that 100% growth means growth by a factor of 2. This pet peeve is one of my earliest memories.
I went PHEV shopping today at Honda, Kia and Hyundai dealerships. They can't keep EVs or PHEVs on the lot. Honda is getting its 2025 allocation next month. For ICE cars, they still have 2023 models.
Good work...this was my prediction
Yeah, I think Australia will shift very rapidly to hybrids, PHEVs and EVs in the next couple of years, and pure petrol and diesel will die a very quick death.
I like typewriters too
Thanks Sam!
I’ve seen so much FUD lately saying people “just don’t want” EVs. It really makes me wonder if they’re right, but the numbers are important. Of course sales are slowing as consumer attitudes become more conservative with the bad economy.
Absolutely no regrets with my electric cars!
Meanwhile, anti-EV hysteria is gaining momentum in North America...
We need to stop mandating the change. Americans don’t like that. Let the cars compete on level playing field.
@@user-de1fu4vi9s Stepping up mass hysteria is also a sort of "mandating".
I wouldn't worry. China is the largest auto market in the world and they have gone all in on EVs. Oems make majority of their profits in Asia. Also, cost of ownership is cheapest with EVs which ultimately drives consumer demand. Finally, most industrialized jurisdictions (including California) have mandates to stop selling ice by 2035. Oems have no choice but to convert to EVs to survive in the long term.
@@northernouthouse Tell that to American EV haters, they will eat you alive.
I don't think mandating EVs is necessary. Once EVs become widespread and affordable, people will quickly learn about their beauty and go electric without any compulsion.
@@wassiswallylokhankin191 "eat you alive"... LMFAO!
Here, the price of fuels just spiked 40c (20%) last week! That'll only serve to drive more people into EV's, frustrated that the petroleum companies think they have customers over the barrel! I tend to agree that there is a better way to take back the power and be responsible for your own energy generation.
Waiting for the perovskite panels to hit the market and make solar even cheaper
They will simply move the goal posts . . . until they run out of playing field.
One in two, one in four, one EV sale in nine, doesn't matter. All those cases are past the point of no return of disruptive change, so acceleration of the pace is unstoppable now.
In North America, once NACS ports are in all EVs and charging is standardized-there will be the beginning stages of a tipping point where the masses will be purchasing EVs.
We have had Tesla M3 Dual Motor for 2 years in UK, average cost os £0.03/mile, 78% home charging and 22% rapid charging on long journeys. Just purchased Nissan Ariya 87kwh for my wife, and got £500 for 21 year old old Honda Jazz that need to go, GOODBYE ICE. The Ariya drives lovely, it will be mainly charged at home, we have Solar so for 2/3 of the year it would be free, but its better than that, we charge at night for £0.075/Kwh and sell excess Solar in the day at £0.15/Kwh, yes that right!
We have 22 Solar panels and 2 10kwh batteries, and average 3.5Mwh export power per year, the rest goes to the house or cars. Our electric bill is around £800/year, including £240 standing charge, we are fully electric for everything. I will let you do the maths on this. If we we still on gas heating and had no Solar then our combined gas/electric bills would be £2400/year at current rates.
And more clean energy. Scientists have discovered a new material that could radically improve the efficiency of next-generation solar panels.
A team from Lehigh University in the US developed a material capable of achieving an absorption efficiency rate of 190 per cent of the theoretical efficiency limit for traditional silicon-based solar cells.
Overhere in the Netherlands due to like 40% EVs and 40% hybrids.. we have a power grid problem, the net itselves can not deliver enough power. So new houses and conpanies need to wait a year before being connected to the grid..
Simple enough, the only solution is to stop buying and driving EV’s
10,000 miles cost me £160 in UK charging at home at night. So cheap not sure solar even worth buying.
If you’re considering going electric (infrared panels, electric radiators, electric boiler, etc) for your heating then solar plus battery storage will be well worth it.
Shame about the cost of the car the tyres and insurance though.
10k miles for £160! Dream on.
@@davidreynolds3082says someone who has never used an EV so is pulling ‘facts’ out of the place the sun doesn’t shine 😂
The problem in the UK is if you can't charge at home then it costs almost as much as a petrol car per mile, and is way more inconvenient. Plus the insurance is 2-3x as much. And your starting point is a car that is 20% more upfront. I have put my EV purchase on hold.
1 in 5 stations in California are now EV charging stations . That maybe more of the direction of where EVs are going . Without a charging infrastructure in place EV adoption can be a struggle . You can correlate higher EV adoption to an area with higher EV charging infrastructure . Places like Norway and Sweden have lots of charging stations available .
I think the next big step in EV adoption is getting rid of the charging cords and have wireless charging as a standard . That's something gasoline stations can't possibly do .
I don't have a EV yet but recognize when you figure the whole product into the calculation it's the better product over internal combustion and it's not close . As the product improves it will pull farther away from its counterpart .
Switch to EVs. Remove the reason for a lot of our wars. Think about all the oil wars of the last 30-40 years.
bit naive arent you...war makes money... even without oil. some people are so uneducated.
@@Vlad88822
One of us seems to be naive. With war, some companies make money. Overall economies suffer. More companies get hurt than benefit.
IIRC, The Arms of Krupp lays out the facts showing that the last war that benefited more companies than harmed companies was World War One.
like i said...some people are so naive and uneducated. the rich make money off wars. they dont care about the "country" or "simple folk" like you
I just bought war stocks. I have enough Tesla stocks.
Os paises produtores sem dinheiro e com a rentativa de acabar com o petroleo vao destabilizar o mundo...o petroleo nao terminara porque dele tiramos outros produtos
Great news
Battery prices are going down . . . but the size and weight of cars are going up.
EV's are introduced to battle the environmental impact and pollution.
The stupid thing that only few people seem to realize, is that in the 60th to the 90th cars in the EU were mainly 2-doors and the weight was around 1 metric ton.
Now, for the better environment, people claim to need an 5 or 6 meter long, very wide and tall 4-door behemoth of preferably 3 metric ton. . . . . . doesn't sound very sane to me.
What does not sound sane to me is building ENORMES drill rigs in the ocean. How much energy goes into building that. How about a QUARTER of all maritime traffic in the world is oil and fuel tankers. Or Jack pumps that use as much energy the equivalent of powering 20,000,000 EV cars. And what about the oil sands in Canada. The scale of pollution is just mind boggling. Just Google tailing ponds Alberta Canada. But I agree. People should buy smaller cars. I just went from a Dodge Durango V8 to a Hyundai Kona EV. I could not be happier.
You’re right, it’s madness. We need more small EV’s.
Every time I see truck hauling diesel and petrol ⛽️ to a petrol station .. I stop and think of the ingenious efficiency behind it 😂
I mean before u even find out how it’s retrieved from bottom of ocean.
I don’t seen any trucks hauling electricity around ! They’re literally burning tons of diesels to deliver the actual diesel I mean that itself is enough reason! And do yourself a favour next time pull down the window and smell the pleasant diesel fumes I heard it’s good vitamins for ur lungs 🫁!
Size & weight of the cars going up is not an EV problem. Nobody seem to care when small affordable cars are being replaced by giant SUVs and pickups
There is sluggish demand only for Teslas? Q1 -9% YoY and the Q2 has been even worse so far.
Prices, inflation and interest rates on car loans are holding people back. All will be better next year. We’re out of money.
@@user-de1fu4vi9s Except this video is about the IEA report saying EV sales will grow 3 million, while Tesla sales are likely to be flat. So it is a Tesla problem not an EV problem.
Impressive. Just like Tesla Y sales in Europe in Q1 2024: - (minus) 42%.
Long term EV trend is upward. Quarterly fluctuations up and down are normal. It's the long term trend that matters, not the fluctuations along the way. That's a 21% increase year on year. Build the EV super charging networks and EVs to help cover longer road trips and EV sales will increase even more rapidly. Guaranteed !!!
Indeed I’m surprised that your comment hasn’t received the attention of the trolls :-) In the long run those TESLAQ’s will want to erase their comments 🤣
The Electric Viking, You're the best! I just had to subscribe!
BEVs: "We are in the end game now".
The world needs to reduce oil consumption by 50% by 2030 to assure a livable planet
whatever
Great news, thank you for sharing
👍👍
Buy EV,s fight bandits!!
😂 buy evs, get wrecked.
@@Vlad88822 EVs are independenve. Love em.
They are useless landfill
@@Vlad88822 Celebrating the wonderful occasion of your first EV purchase is certainly understandable.
Don’t you think model 3 sales will start to plummet ONCE model Y gets the battery you’ve been mentioning that goes further and with more energy density? I’m of the belief that the current model 3 batteries are only temporary so they have something to put into their “highland@ model
More EVs, fater the era of oil bandits will end
As if the use of hydrocarbons will ever end 😂
No
No matter how long oil usage will end EV will reduce the usage drastically. Oil and gas price will go down drastically, that means yhe end of the bandit era
@DM-oi4tr tell me, what are EVs going to drive on when the use of perfectly natural hydrocarbons 'ends'? Gravel roads everywhere I guess?
And you can't use concrete because 'climate emergency' 🙄
Drive gravel roads with tanks, it is minor part of cars driving gravel roads, main part of cars is in towns and cities.
Gravel roads are in bandit countries, these countries do not matter😁
We are seeing an evolution in attribution science, whereby we move from the traditional science of long-term trends in climate variables, to the operational ability to - in almost real time - establish the link of climate change with the occurrence of individual extreme events. And we're seeing a new evolution whereby communities are increasingly looking at impact-relevant variables. Think about inundated areas, lake levels, heatwave mortalities. These are the new target variables of attribution science. This is a new frontier and we are seeing that those studies are directly usable in court cases. A multimedia-rich BBC News article explained how soil erosion is causing vast gullies and chasms to open up around Latin America and Africa, destroying tens of thousands of homes. The Financial Times and Reuters have taken down “advertorials” paid for by oil giant Saudi Aramco, following allegations of greenwashing and disinformation, DeSmog reported.
I sometimes wonder what part of the atmosphere self appointed "experts" grab their numbers from.
Guessing is free.
Try an internet search engine then show some commitment to creating a pathway to disperse knowledge.
This is actually evidence of Ev sales plateauing.
Exactly. There are other sources of information out there that say the complete opposite to what Sam is saying.
@@ivannavi8154 Those sources come the the OEM so they trying to make you believe that EV sales are decreasing, however look at total sales on the planet, & it is still going up. Go figure!
I feel really sad for the anti-EV mob.
It must be heart breaking for them to see all their gloomy predictions proved wrong.
HERE ON EARTH vs. Sam's brainwashed fantasies...
From the liberal The Washington Post: "Tesla says profits fell 55 percent in the first quarter to $1.13 billion while revenue declined 9 percent"
From the liberal MSN: "Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough"
USA Today: 'Critical safety gap' between Tesla drivers, systems cited as NHTSA launches recall probe'
They have been proved correct really...the market has plateaued (as predicted)....EVs are a fake market proped up by subsidies. No EV maker is making any money...90% of companies are making huge loses on each car.
Chinas EV companies are collapsing into a few dozen (from hundreds) they are now bumping cars all over the world because of the collapse in demand for cars in China..
EV will only be 30% of new car sales by 2030.
I don’t feel sorry for them at all and when the last few luddites buy their shiny new ICE cars just before the inevitable crash in ICE car sales their car will be worth next to nothing as the rest of the populace will have switched to electric and only a few diehard petrolheads will want a secondhand ICE car 😁
@@grantbuttenshaw
The number of EVs on the road in China is increasing, and so are many countries around the world. More and more EVs are replacing ICE vehicles all over the world. Norway will ban ICE cars on the road in 2025! Entire Norway will be driving only EVs.
@@Anonymous------ so what? Of course they are. Your statistical analysis including "more and more"...not really much use
If China hits 50% EVs this year, and sell 10 million - that means a 20% drop in overall auto sales in China.
Assuming 17 million EVs and a 20% drop overall i. About 17/70
That is about 24% of EV sales.
That seems pretty reasonable.
I don't give a damn about predictions. Facts are what counts.
Then why watch the damn video?
You got to relax, enjoy life
chill "influencer"
Because there isn’t the political will to change all our power to sustainable energy like solar and wind power.
Not impressive tbh, I tbought sales would double.
😂😂😂 ok, maybe in Japan and china but we have seen what a byd can do by it’s first charge. American electric cars or any American car is a tanked market.
Jai Hind. Due to overcapacity, every country will treat us Indians as the Big elephant in the EV market.
Sluggish Demand? Mustang Mach E 404 days inventory/23.000 in stock.... yep I'd say sluggish. BUT, there will probably a big sales increase because many of the 91 Chinese car builders will be declaring Bankruptcy cause of the "Sea of Blood" on the Horizon. There will be a Bankruptcy wave. Evergrande loses $17K on EVERY EV sold, NIO loses $35k/vehicle.
For anything that isn’t a Tesla 😁
Nooooo thank you. I'll stick with my "fossil fuel mobile" until they're banned.
The thing that makes me really hopeful is the IEA has a history of underestimating EV sales, renewable adoption, and other advances. So it might be much much higher
(And I’m hoping that demand destruction will drop oil prices, which as well as more electric based transportation, will help a lot of people and improve economies worldwide)
Elon cuts 14,000 workers ... Sam but you're still here 😂
Shh, surely you dont believe a single word in any of his videos...it is a comedy channel....
Never happen. EVs will fade away. Hybrids are the future, ask Toyota.
20% is the S curve tipping point.
It will be 50% by 2028. And 80% by 2031.
Doesn't work like that... EVs will be lucky to be 30% by 2030
Apparently 5% is the Tipping Point.
But don't ask me why. :)
@@DavidPlayfair It can't be 5%. How would a curve go vertical from a baseline 5% of a market being serviced? That would mean a 20x increase in production capacity in a short space of time, which is both physically and economically not possible. The inflection point of take up and adoption is between 20 and 80%, which corresponds to Pareto's Law, which means that there is a rapid 4x increase of take up from 20pc to 80pc saturation of the market, which is a feasible rapid scaling when competitors in the market are taken into account.
An example of this is Australia's take up of EVs. In 2022 it was just under 5pc, and in 2023 it was under 8pc. 5pc to 8pc is a big increase but it's not a vertical line.
However with EVs it's likely that there will be a more gradual jump from 20 to 80 as there are so many other factors. For instance, EU has been sitting at 20pc for a couple of years, but that is because of the import tariff factor and issues with their own production of EVs - a supply side problem. The transition will still be something of a quantum leap, a vertical line, but one that has been delayed by these external factors. It will still be founded on the 20pc inflection point, however.
@@grantbuttenshaw I agree there are multiple factors, because shipping an EV is a bit different from shipping a smart phone, but globally I think we'll see something like these numbers in this time frame, give or take a couple of years.
@@yggdrasil9039 Not a chance. I think 50% by 2030 is now unlikely.
A person can charge their EV for free with solar and live off of the grid too.
Thats actually scaring the pants off utilities in the South West USA. Most of the US has restrictions on getting a mortgage for an off-grid home because lenders still think its 1993, but the big utility in Phoenix AZ also lobbied the state government to make it illegal to go off the grid with a home you already own.
Jeremiah, how do you “live” off the grid.???
@@ivannavi8154I live off grid with a 10 kW solar array and 60 kWh of batteries. I have no utility connection at all and haven’t needed a generator in 2 years. I heat and cool with a heat pump and cook on an induction stovetop with a convection oven.
@@patrickcorcoran4828 I did a quick search on this and found this in an advertisement "It’s legal to live off-grid in Phoenix, Arizona, but you still have to comply with local building codes and you need a permit for off-grid solar. So, the first step is finding an off-grid solar company in Arizona that can help you navigate the red tape and ensure your setup is legitimate, like SouthFace Solar & Electric".
I love how people call solar free I still don't know anywhere where solar panels and installation is free its normally at least a couple of thousand dollars and it doesn't last forever if the solar panels don't fail the inverters do and batteries there a few grand and BEVs are still 5-10k more then there equivalent ICE counterparts so to run around for free you've outlaid at least 15-30k to not spend any money 🤔 but the off grid thing is definitely more beneficial for the environment then driving nd charging an EV especially one that charged with grid electrons
Morning mate
2nd comment..😂 beaten by an autobot....
when you cant back up your arguments...every comment is from a autobot eh
Auto bot or bot auto?
" They will break record sales this year!" Is that why tesla just fired 14,000 workers little fella? BAHAHAHAHA!!!! 😂😂😂🤡🤡🤡🤡🤡
Sixth comment, which is the proportion of US adults who either own or would seriously consider buying an EV. That's all; just one-sixth, according to Gallup.
The ignorant will stick to ICE as their daily but the smart ones will switch, especially if they are sick of sending their hard earned money to the oil sheiks in the Middle East.
and when they find out what the resale is on that trash heap that share will trend lower and lower
@@Vlad88822 if you buy a car for keeps or to get your money worth you don't worry about resale value! And towards the end of this decade none of the ICE cars bought today will worth anything.
@@rogermartinez78I will still be driving my 1990s cars like I always do. Maybe drive my 1940s through 1960s cars more. After a few decades, some car values açtually rise. No disposable cars for me. I'm running on limited time at my age.
I like EVs - other people's EVs.
The first practical range affordable EVs in the USA were the Tesla Model 3 and Chevy Bolt, both released in 2017. In 7 years we've gone from zero% EV sales to 5% EV sales with, as you said, 16.66% (1/6) of potential car buyers interested in an EV. I think we're ahead of the adoption S-curve when the automobile replace the horse and carriage. It wouldn't be prudent to bet against EVs.
New Tesla Model Y will be the best selling car in the world again! Ha ha EV haters!
Where are all these statistics coming from ? China says 50% of sales are now EVs , considering there’s over a billion people in China say just 1% of the population buy a car this year that’s 5 million electric cars, that knocks a huge hole in the 7 million sold worldwide
The Chinese Communist Party and its controlled media are not a source of facts, therefore "China says..." nothing to be taken seriously.
You can find those statistics in a number of places including China business websites. That is accurate. The fact that you're skeptical without having done any research suggests that you're just being lazy
@@douglaswatt1582 Lol, look at the statistics yourself, EVs are tanking, thanks to Loser Musk, the craziest man since Trump, self driving taxis indeed, the mind boggles 🙄
They said sales would break the 50% mark within months not now so you haven’t even got that fact right
The EU expects member states will invest €584bn ($638.6bn) by 2030 to accommodate renewables and EVs. That doesn't include the cost of charger installation. Highly unlikely.
I THINK MGUY AUSTRALIA AND THE ELECTRIC VIKING SHOULD "DUKE IT OUT" ON A LIVE STREAM
MGUY Australia latest YT was saying how bad the Cyber Truck was, a terrible car. Strange that as the CT isn´t available in Australia or Europe, he must have dreamt about it.
2 Days after there was a massive fire in an airport in the UK, he was on YT, raging about this was a Hybrid, the Chief of the Fire Brigade said it was a diesel. There was a short video of this car burning, clearly this was a hybrid says he, it´s a cover up. This got repeated all around te world, but he and others omitted the part of the video that showed the registration number of this burning car. It´s a 5 minute job to look up what it was. Oh look, it was a Land rover vehicle, a Range Rover sport, powered by a turbo charged 4.6 liter diesel V8. Land rover never made a Range Rover sport Diesel hybrid especially not one with a turbo V8 engine.
Sure, and the polar icecaps melted 20 yrs ago😅😅😅
sluggish EV sales? is every media outlet in the world in the pay of big oil and legacy auto?
My reason for changing to an electric car rather than a petrol or diesel one in 2020 was 90% financial and ten per cent environmental. An electric vehicle isn’t quite as green as it seems. Electricity, especially over here in England, is mostly produced by running a gas turbine in a power station.
Huh so you didn‘t delete your channel?
Tesla Autopilot Exposed: "Critical Safety Gap" identified by traffic safety experts | MGUY Australia
"NHTSA federal authorities.........467 collisions.........13 fatalities"
more trolling rubbish from the king of anti-climate science trolling. Nice job.
@@douglaswatt1582 the data is from NHTSA the U.S. federal entity, not him. stay in the reality they gave where you avoid all facts to protect your subconscious.
Viking is Elons Rent Boy.Still will not admit to Elon testing Water Powered Vechiiles.
Have you taken your pills today? That will calm you down...
Omg. You are delusional. Please try some Haldol with your coffee
Tesla Fan Boy
The IEA have never gotten a prediction right. The result is always the opposite of what they say. Watch EV sales dropped.
EVs will never be a factor where I live in Africa.
They've never gotten a prediction right because renewables and clean tech have grown much faster than they calculate. We're in the early stages of commercial solar EVs with the Aptera and LightYear, but all new tech started in expensive cars eventually makes it to affordable models.
@@patrickcorcoran4828EV sales have plateaued
And my alcoholic neighbor say he will won the lottery and be a milliunnaire next week…
See, anyone can pull wishful thinking out of you know where easily…
People are done with BEVs.
PHEVs and HEVs are proving to be the peoples choice and I hope more EVs become more popular as then there will be excess supply of fuels so fuel prices will come down so I can enjoy the sweet sound of high performance fuel burning engines as fuel isn't going anywhere while people use anything made of plastic and cosmetic goods and other petrochemical products there will always be (as a byproduct) petrol and those people who choose commute in there dull EVs please do so
Dream on 😊
Rubbish trolling comments. Will be proven a bad prediction by 2025. Slow down in sales does not mean that the disruption is not still happening. High interest rates and unappealing offerings from everybody except Tesla, combined with only Tesla supercharging Network being a viable way to charge on the road, have put a dent in sales
@@douglaswatt1582 so how am I trolling I'm happy for people to buy EVs but almost all EV owners are like vegans they will tell you how good they are and nothing else should exist but most EV owner that buy them to "save the environment" are blind to all the destruction EVs actually cause the environment and what I said about fuel is factual in the early days they used to dispose of the liquid in waterways as they didn't know what to do with it until the internal combustion engine needed a better fuel source then kerosene which they used for heating and lighting in the early days of the oil industry and it's funny how history repeats it's self as lithium extraction is also guilty of contaminating soil and fresh water supplies huh go figure but yes sorry for trolling 🙄
People keep referring to the worlds ICE vehicle fleet “transitioning” to all EVs whereas in reality EVs are an increasing and significant “addition” to the world fleet. It’s not like 1905 to 1910 where cars began to replace horses and carts. Have a deeper look at the numbers. EV sales are increasing in a number of countries but so is the sale of ICE vehicles. “Experts say” (to use Sam’s favourite words) that the world fleet will settle down over the next decade into a mix of EV and ICE. No particular type will dominate the market.
Governments forcing the public to buy EVs = sales 😅
First Quarter 2024 BEV sales has been a real disaster for BYD the no. 1 seller in 2023 and Tesla number 2 because in the meantime, selling prices were dropped a lot and margins are down. Difficult then to make it up for both during the next 9 months. Then if two market leaders struggle with sales, it is unlikely others can take advantage of it with higher costs and less attractive products..it would not make sense…so this 3 millions more prediction is as good as the old TSLA share prediction supposed to hit 1000$ by 2024…just kidding…!!!
Of much more interest is to consolidate all the current factors why the buyers are disappearing , why GM profits are up and why Toyota plans on 43% MORE hybrid sales in 2024… Well, globally it seems perfectly logical to merge the best of both worlds: plug in electric for cheap recharge home at night for most of the usage, shopping work leasure with up to 80 km autonomy, braking and downhill regenerating power and then the full autonomy of a real car 1000 kms..with no multi ratio gearbox or monster battery dead weights and a Solar roof for extra carbon free kms, so in total, much lighter than an TM3 BEV, not heavier than a Golf Tsi thermal with DSG BVA and much more efficient than both those in Ev mode and in emptied battery thermal mode..so game over…nothing to add …all those hybrid sales will hurt BEV sales, obviously…
Q1 sales for BYD were up 13%, Teslas were down. BYD always has a weak Q1 as its sales are 90% in China where Q1 includes the New Year period when sales collapse. BYD had an amazing March, where it sold almost as many cars in the month as Tesla sold in the whole quarter....
@@speedismyfriend Fairy tale: don’t compare with Q1 of 2023, while BYD and Tesla were still growing…history is right now end 2023 early 24…Sorry you and I cannot help it : the EV ww market is simply down recently …and many indicators made it fully predictable for markets analysts capable to integrate most of the signals, unlike so called trade market experts fooled by scams and dreaming of a TSLA share at 1000$ in 2024 !?!?!?!?
quote: BEIJING, April 2 (Reuters) - BYD, China's biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world's biggest EV seller to Tesla after winning it last year.2 avr. 2024. Unquote..
Of course ,Reuters must certainly not be well informed since they were first to announce the TM2 cancellation !!!
And less sales and lowers margins with gigafactories to complete and pay….this is what happen today..
Tesla's vehicle deliveries in the first quarter of 2024 amounted to over 386,800 units. Quarterly deliveries decreased by around 20.2 percent during the first quarter of 2024, compared with the fourth quarter of 2023.15 avr. 2024
And this month, CEO Elon Musk announced the company would be slashing its workforce by 10% percent with more than 3,300 layoffs in California. So I anticipate a bad year for EV.. which need to become much more attractive, user friendly and durable and somehow to depreciate much less,, Here is why: no.,1 and 2 TSLA & BYD both drop sales and prices significantly in 2024, so it is very logical that the followers typical sales volume would go even steeper down than the leaders with less sales historically due to inferior products and lower margins evidenced by lower sales than leaders..meanwhile the total mobility market is good Toyota Stellantis and GM profits are good.
@@speedismyfriend No, the market drop is both recent and drastic versus Q4 2023.. BYD dropped 43% during Q1 2024 and Tesla 20.2 %. versus Q4 of 2023 !!! All sales figures are published and official..Comparing Q1 2024 sales with other earlier quarters like Q1 2023 is irrelevant since both mfrs. were still growing sales then…My forecast is that if number one and two drop sales volume and prices, the other BEV followers, MG, VW, Hyundai-Kia, etc which did not have quite the product and price to be at the top will suffer more and 3 more millions BEV in 2024 will NOT be sold. Now the «less BEV’s » Toyota, GM, Stellantis are making healthy profits so the global mobility market worldwide is not down, only BEV have their anticipated crisis and need to offer more customer value, less depreciation, better quality,,reliability, durability, etc..
Half a million of those extra 3 million EV sold will be from Tesla
Says a Tesla cultist!
@@ev.whykingyep fully signed up card carrying cultist member 😂 except when my cultist god makes me rich within a decade I will have the last laugh 🤣
HAHAHA - it could well sell less than last year. I just drove past a parking lot full of brand new Teslas just sitting there in London...they have plenty of inventory that they cant shift
@@speedismyfriend let’s check back when we have the sales figures for 2024 and when it’s more than 2023 I doubt you’ll be around to admit you’re talking out of an orifice were the sun doesn’t shine:-)
@@user-zo2pc5lu5q Well, lets check back to see if it has sold 500,000 more as you claimed it would...because I can guarantee that won't happen.
This site is the only site in the world with a positive outlook on EV's naturally because Viking has a vested interest to keep up the properganda as its his bread and butter, but as he says about any legacy company with the slightest minute amount of bad news, out he comes with his broken record favourite saying "This could be their Kodak moment", Well Tesla sales have dived profits collapsing, this could be Vikings Cult Cars Kodak moment as all the legacy manufacturers come out with their superior better styled cars. GM and FORD sales and profits up because of booming ICE vehicles, so it seems they have survived their Kodak moment as Viking was predicting them to be eliminated along with Toyota to be swamped with BYD and Tesla, listening to Viking shooting from the mouth about the future is as reliable as predicting the weather on ten years time.
Do not confuse a price war with a fire sale.
Only…?
1. You can’t be that well versed in TH-cam or any social media, and
2. The #1 selling vehicle in the world… Tesla model y
Whatever… believe your verbosity 😂
Yes...ICE vehicles production will still need to continue, as long as oil and gas supply is not intentionally disrupted by insane Govt mandates and punitive taxes, like in canada.
enjoy the depreciation, range anxiety, battery degradation and trash resale
@@johnhg_myaus
You don't know even the basics of economics and market forces?
How many people will pay more for a car than necessary and then pay extra to operate it? EVs are right now reaching price parity and will soon become cheaper to build and cheaper to buy than same-feature ICEVs. And they already cost a lot less to operate.
Mate you’ve snookered yourself. In a seperate video a few hours ago you said a tradie that visited your house was an idiot (because he had different views to yours). The bloke might well have been a drongo but publicly insulting a tradesman on a social media platform with 208K viewers is going to backfire on you. Tradies will see this and boycott you so you’d better get down to your local TAFE and enrol in electrical and plumbing courses.
As an American, I think I understood the slang. Thanks for the chuckle.
perhaps you should stop threatening people.
B.S.
😂😂😂😂 let the copium begin. EVs are just like bitcoin. getting hamsters on the hamster wheel.
Yes and maybe we can let the trolling stop? You troll this channel 24/7. Go somewhere else if you don't like the views being espoused here. In other words grow up and stop being petulant
im here to enlighten those who are about to be misinformed by the ev propagandists.
oye viking...are you a snake oil salesman or are you gonna tell the honest truth about how crap EV ownership is.
Please elaborate. I need to know before I buy electric.
@@Michael-yi4mche's lying..one google search will tell you other wise, almost zero maintenance, no gas stations, extremely long life span, most tesla EVs last a few hundred thousand miles on the same battery, the pros outweigh the cons by a lot. Far easier to maintain than ICE cars
@@Michael-yi4mc I suggest you get your information from actual EV owners not from trolls
Had an EV over a year now. You are talking out your arse, mate. Proud Aussie!
@@crm11450 Such as my co-worker who bought an EV6 and, after watching its value drop like the proverbial stone, dumped it after 18 months and returned to an ICE car. He said he couldn't afford to bleed money any longer.
The sprawling sunbelt cities are a nemesis of electric vehicles. Too much driving - too much charging. Too hot. An EV won't even function when the a/c is broken. Here, we can drive into town and do 100+ miles before home. Too much driving. Anything with a 900 pound battery is a fail.
Economy of scale is like saying steak prices will come down because thousands of cattle are being slaughtered daily. No type of automobile is getting cheap. It's just not going to happen.
I want to modify one of my 50 mpg cars to 70 mpg like others have done with the same model. It's lawnmower simple tech, but it can get motorcycle fuel economy. To save weight it won't have ac. It will have a racecar type aluminun instrument cluster, the rest of the dashboard will be removed. I'll swap the 4.39 final drive for a 3.52 - a 20% reduction in rpm. Lexan or plexiglass for side and rear glass. Only 1 seat stays. I'll hand make a fiberglass hood(bonnet) and do the same for rear hatch. The goal is 400 pounds lighter than the Aptera. It will be quicker with the 300 pounds weight reduction - but still a slow car. Engine compression ratio increased to 11.25:1. I'll use water-methanol injection if it can't run on 87 octain. Camshaft advanced 8 degrees. Camshaft reground for more low speed torque. Except for the fiberglass, this will be a common mod for this motor. A diesel is possible, but U.S. mostly only has industrial diesel motors. 70 mpg would enable 750 miles range on 10-1/2 gallon tank. Refill tank in a minute. Tires would last 80,000 miles due to light weight.
As solar adoption increases the cheapest charging will be mid-day. Parts of California already have overcapacity at solar noon, so prices can be zero dollars (right now they occasionally pay Arizona to take their extra power) until grid-scale storage ramps up. A practical 200+ mile range EV has gone from $120k to $30k in 14 years and southern California has the most registered EVs in the USA. None of the problems mentioned are actual problems.
Clueless in just about every way that it is possible to be wrong. I love idiots that present as experts but who haven't ever driven let alone owned an EV who post rubbish disinformation like this. Get a life, and doing something other than trolling Sam's channel.