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+--- Thread: Now Mercedes Backs Off EVs (/showthread.php?tid=284976)
Now Mercedes Backs Off EVs - chopper - 02-23-2024
Reuters story
Mercedes-Benz on Thursday delayed its electrification goal by five years and assured investors it would keep sprucing up its combustion engine models, becoming the latest carmaker to flag a weaker-than-expected appetite for battery-powered cars.
Re: Now Mercedes Backs Off EVs - Speedy - 02-24-2024
The company now expects sales of electrified vehicles, including hybrids, to account for up to 50% of the total by 2030.
——
battery-powered cars currently making up just 11% of total sales, and 19% including hybrids.
Re: Now Mercedes Backs Off EVs - SteveG - 02-24-2024
more charging stations would increase EV sales.
The public is rightly leery.
Re: Now Mercedes Backs Off EVs - Carnos Jax - 02-24-2024
This is all an excuse because they can't get their act together and produce enough batteries. It's what I've been saying for years now, they are starting way late on a race began years ago by Tesla. As I said then, what did legacy auto think, that they can just enter it and catch up any time they wanted too? What a bunch of idiots!
Re: Now Mercedes Backs Off EVs - Carnos Jax - 02-24-2024
Steve G. wrote:
more charging stations would increase EV sales.
The public is rightly leery.
This is kinda a myth. Strictly speaking yes, if you're talking about apartment dwellers and those with street side parking. But the residential auto market is FAR from being saturated, and EV makers would be struggling for years to keep up with their demand. But thanks to FUD, and EV makers lack of advertising to counter it, we have capacity out pacing demand, and so manufacturer's have to throttle back.
Re: Now Mercedes Backs Off EVs - DinerDave - 02-24-2024
Carnos Jax wrote:
This is all an excuse because they can't get their act together and produce enough batteries. It's what I've been saying for years now, they are starting way late on a race began years ago by Tesla. As I said then, what did legacy auto think, that they can just enter it and catch up any time they wanted too? What a bunch of idiots!
:agree: Plus if you don't qualify for the $7,500 Fed tax credit, then they probably hesitate more.
Dave
Re: Now Mercedes Backs Off EVs - Harbourmaster - 02-24-2024
I'm in no rush to spend tens of thousands of dollars for a new electric vehicle when the old ICE vehicles I have are perfectly serviceable, and will be for a loooong time to come.
Re: Now Mercedes Backs Off EVs - Carnos Jax - 02-24-2024
Harbourmaster wrote:
I'm in no rush to spend tens of thousands of dollars for a new electric vehicle when the old ICE vehicles I have are perfectly serviceable, and will be for a loooong time to come.
Nor should you, unless the math makes sense, or money isn’t an issue. We have two ICE vehicles that see about 2000 miles each, annually. What’s more, they have sentimental value to us, and are in tip top condition. It would make zero sense for us to replace them. But people like us are not what’s driving the new car market. It’s people who need a new car that are. And for a lot of them an EV makes more sense than an ICE. Unfortunately they don’t realize it because they’ve been led to believe the wrong things about EVs.
Re: Now Mercedes Backs Off EVs - jonny - 02-24-2024
Carnos Jax wrote:
[quote=Harbourmaster]
I'm in no rush to spend tens of thousands of dollars for a new electric vehicle when the old ICE vehicles I have are perfectly serviceable, and will be for a loooong time to come.
Nor should you, unless the math makes sense, or money isn’t an issue. We have two ICE vehicles that see about 2000 miles each, annually. What’s more, they have sentimental value to us, and are in tip top condition. It would make zero sense for us to replace them. But people like us are not what’s driving the new car market. It’s people who need a new car that are. And for a lot of them an EV makes more sense than an ICE. Unfortunately they don’t realize it because they’ve been led to believe the wrong things about EVs.
Yep.
Re: Now Mercedes Backs Off EVs - sekker - 02-24-2024
GM is definitely living the 'batteries are EASY' consequence.
Lithium keeps dropping in price, which will help overall.
We are still in the awkward, teenage years. Not that many charging stations, not all cars are using the same connector, and some of the software totally sucks (I'm looking at you, GM).
Some are having trouble making safe batteries (LG for GM and the older Bolt).
Kia seems to be doing ok tho.
https://insideevs.com/news/707034/kia-us-electric-car-sales-january2024/#:~:text=Thanks%20to%20the%20new%20data,EV6%3A%2018%2C879%20(down%208%25)