Honda – Page 513 – I wish I had more to offer

Here’s why the Tesla Cybertruck has its crazy look

Elon Musk revealed the Cybertruck last night, saying it looks like nothing else on the market. That’s true, but the Cybertruck shares several key features with an unlikely pickup — the first-generation Honda Ridgeline. Both the Cybertruck and Honda Ridgeline are built differently from standard pickups. They employ a unibody design, much like what’s used… Continue reading Here’s why the Tesla Cybertruck has its crazy look

@Hyundai: All About FCEV – 4 FCEVs on the Roads

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Falling pay, Top 50 used car dealers, motor finance

Motor dealers have seen a fall in their pay over the past year as commissions and incentives were cut. This is not surprising given the pressure on the new car market. Even the used car market has felt the pain in recent months with a fall in values hitting the bottom line. The pay pain… Continue reading Falling pay, Top 50 used car dealers, motor finance

Four must-haves for the Tesla ‘Cybertruck’ all-electric pickup truck

Tesla is set to unveil its pickup this week and it needs to be widely different from its current lineup. The current line of Tesla vehicles share a lot of parts, and, logically, the Tesla pickup will do the same. However, a truck has different demands than a passenger car or sport utility vehicle. It… Continue reading Four must-haves for the Tesla ‘Cybertruck’ all-electric pickup truck

GM’s first female CFO explains how she’s made it her mission to ‘slay complexity’ at the largest US automaker – Business Insider

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California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight

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The Mustang Mach-E is the exciting shape of the electric future

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Honda profit plummets

Honda Atlas Cars reported a 50 per cent drop in its profit after tax down to Rs509.7 million in the July to September period of its half yearly financial results filed with the stock exchange on Thursday.The fall in sales revenue is largely due to a fall in sales volume dropping by 67pc year-on-year.HCAR saw its gross margin improve by 288 basis points to 10.4pc “on back of higher car prices and cost efficiencies” in the second quarter.

Apple Co-Founder Gives Up On Self Driving Cars – Yahoo Finance

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Teslas = 77.7% of US Electric Vehicle Sales

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Published on November 10th, 2019 |

by Zachary Shahan

Teslas = 77.7% of US Electric Vehicle Sales

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November 10th, 2019 by Zachary Shahan

The US electric vehicle market is … not the most interesting. Unfortunately, we have only one mass-market electric vehicle on the market, and there are very few models available across the nation. Actually, aside from Tesla’s offerings, I think there are only two fully electric models available at dealers in all 50 states — the Chevy Bolt and Nissan LEAF. I’ll discuss them a bit more later in this article in order to try to explain why their sales are so dismal despite that wide availability. A note on data first, though:

Deciding whether or not to run these monthly US EV sales reports is a frequent conundrum, since the official data is limited (many automakers don’t publish monthly numbers, if at all) but the reports can also be quite popular and do help to put the US EV market into perspective on an ongoing basis. I decided not that long ago to discontinue the monthly reports and only publish quarterly reports, but our friends at EV Volumes just offered to provide us with their US Tesla estimates to help out with these reports and I decided that was enough to get back into the game. I track official numbers from other automakers on a monthly basis anyway.

That said, we don’t have official monthly data for the following models, so the data I use for them are estimated guesses based on historical sales data: Chevy Bolt, Fiat 500e, Honda Clarity EV, Hyundai Ioniq EV, Hyundai Kona EV, Kia Niro EV, and Jaguar I-PACE. Also, note that this report does not include plug-in hybrids, in part because we cannot get sales numbers for most plug-in hybrids and in part because we think it’s time (the technology is ripe) to evolve past “electrified” models to fully electric models.

With all of that out of the way, on to the numbers. Based on all of our number crunching, the Tesla Model 3 accounted for 59% of US electric vehicle sales in October and 62% in the year through October.

Tesla as a whole accounted for 75% of US EV sales in October and 78% (77.7%) in January–October.

That doesn’t leave many sales highlights from other models. The Chevy Bolt comes in with 10% of sales, the Nissan LEAF 6%, the Volkswagen e-Golf 4%, and the Audi e-tron 3% in October. For the first 10 months of the year, the Bolt accounted for about 7% of sales, the LEAF 5%, and the e-Golf and e-tron 2% each.

The Bolt and LEAF both have long range, good tech, and are available across the country. They are solid electric cars that I think do outcompete other cars available for under $30,000. However, they suffer from several challenges:

They are close in price to the base Tesla Model 3, and many EV buyers heavily prefer the Model 3.
The MSRP of these cars is often notably higher than the MSRP of similarly styled gasoline cars from those companies. (Consumers may not think to do a total cost of ownership analysis, or may not have the ability to get financing for this price of car at all.)
Auto dealers generally don’t want to sells EVs, and often just have a show model or two tucked away in the shadows somewhere.
Nissan and Chevy have been marketing their goods, but they don’t have nearly the customers enthusiasm or fan base that Tesla vehicles have, and the marketing has been minimal compared to other models in their fleets.
Limited availability might be a problem from time to time.

If more consumers find out about the total cost of ownership benefits of a Bolt of LEAF, and notice attractive local-dealer discounts while remembering these models still benefit from the US federal tax credit, you could see a consumer sprint to get more of these models before year-end. Or not.

On the top of the market, since the Tesla Model 3, objectively, is a better vehicle in many key ways than other gasoline vehicles in the $35,000–67,000 price range, we expect sales to continue to be sky high indefinitely. We don’t even see a genuine competitor anywhere on the horizon, unless you count the Model 3’s coming crossover sibling, the Model Y.

If you’d like to buy a Tesla Model 3, Model S, or Model X and want 1,000 miles of free Supercharging, feel free to use my referral code: https://ts.la/zachary63404 — or use someone else’s if you have a friend or family member with a Tesla who has helped you more. The referral code can also be used for a $100 discount on Tesla solar.

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About the Author

Zachary Shahan is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director and chief editor. He's also the CEO of Important Media. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao.

Zach has long-term investments in Tesla [TSLA] — after years of covering solar and EVs, he simply has a lot of faith in this company and feels like it is a good cleantech company to invest in. But he offers no investment advice and does not recommend investing in Tesla or any other company.

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