Obviously, not everyone owns their boat, and boat ownership is far more unique than car ownership – which makes it maybe an ideal category for peer-to-peer marketplace rentals. P2P boat rental startup Boatsetter recognized this opportunity, and is now announcing a $10 million Series A “extension” funding round to help it grow its business, with… Continue reading Peer-to-peer boat rental marketplace Boatsetter raises $10M as it looks to grow globally
Tag: Mobility
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Daniel Weissland to lead Audi of America as President
Audi is pleased to announce Daniel Weissland has been appointed as President of Audi of America effective Sept. 1, 2019. Weissland, 46, current President and Chief Executive Officer, Volkswagen Group Canada, succeeds interim President and Chief Operations Officer, Cian O’Brien. A German National, Weissland began his career with Audi in 1999. He spent more than… Continue reading Daniel Weissland to lead Audi of America as President
Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs
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Lyft Expands Daily Rental Service to Los Angeles
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Tesla Model 3 Outsold BMW, Mercedes, Audi, & Lexus Competitors In 2nd Quarter In USA — By A Landslide!
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Published on August 10th, 2019 |
by Zachary Shahan
Tesla Model 3 Outsold BMW, Mercedes, Audi, & Lexus Competitors In 2nd Quarter In USA — By A Landslide!
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August 10th, 2019 by Zachary Shahan
The Tesla Model 3 continues to dominate in its vehicle class in the United States. Frankly, sales charts for the second quarter of 2019 make it look like the Model 3 doesn’t belong in this class at all, and there’s a strong case to be made that it doesn’t.
The Model 3 has a similar base price point to the other vehicles on the charts featured below, but it has much lower cost of ownership, much better tech (infotainment tech and autonomous driving tech), record-breaking safety scores, and unmatched performance. There’s really not a solid reason to buy another car in this class. Aside from some buyers not liking the design of the Model 3 for some reason and choosing a competing car, I presume that sales of other models in this price range are simply due to inertia — societal inertia, marketing inertia, and internal illogical inertia. Actually, even a distaste for the design may simply be due to psychological inertia.
Nonetheless, the story today is not that there should be more Model 3 demand. It’s that the Model 3 was sold more than 3 times more than the runner-up BMW 3 Series, or a bit less than 3 times more than the BMW 3/4 Series. No class in this category comes close to matching the Model 3.
The sales chart above is so warped that I thought it’s more sensible to combine small and midsize models of other luxury automakers and pit them against the Model 3. This also makes some sense if you consider that Tesla doesn’t have many models for sale. Choice is so limited that someone who may want a Model 3 in a coupe design or something more like a “Model 2” simply has to settle for a Model 3 right now.
So, I created another chart that combines the semi-similar models of competing brands, cars in the small and midsize luxury car categories. Have a look:
The Model 3 wins anyway!
Again, in my mind, it’s not surprising that the Model 3 is winning — it’s surprising that anyone is buying the other cars at all. Nonetheless, it is a big achievement to yet again top the sales chart like this, and it must come as a total shocker to analysts who don’t understand the Tesla Model 3’s various competitive advantages over the competition — dramatic competitive advantages.
Indeed, much of the media hasn’t touched this topic and is never going to report that the Model 3 absolutely dominated the rankings in and near its vehicle class. That’s why you have CleanTechnica.
Note: I discovered that the interactive charts I normally use for these reports can appear messed up on some smartphones, so I used static images instead of the interactive charts in the article above. However, if you want to have some real fun, check out the charts below and click from one time period to the next to see how Tesla Model 3 sales (deliveries) have evolved over time.
If you are interested in buying a Tesla Model 3 (or Model S or X) and need a referral code to get 1,000 miles of free Supercharging, feel free to use ours: http://ts.la/tomasz7234
About the Author
Zachary Shahan Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. 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, and Canada.
Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.
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May 7, 2019 Press release CIBC Conference: LeddarTech CEO to Address Autonomous Dr…
LeddarTech CEO to Address Autonomous Driving and LiDAR Technologies at the CIBC Technology & Innovation conference 7.0
Charles Boulanger, CEO of LeddarTech, will be speaking to the investor community at the CIBC Technology & Innovation conference 7.0 in Toronto, Canada. His focus will be on the state of Autonomous Driving, LiDAR Technologies, and growth opportunities in the sector.
QUEBEC CITY, May 7th, 2019 — LeddarTech®, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform™, is pleased to announce the participation of Charles Boulanger, CEO of LeddarTech, at the CIBC investor conference on May 14th, 2019. CIBC holds investor and corporate conferences throughout the year. These events range from large, multi-sector forums to intimate, industry-focused gatherings. They have developed a well-earned reputation within the financial community as “must-attend” events. Mr. Boulanger will speak to a crowd of prominent investors on LeddarTech’s market growth and the potential of using LiDAR technology in autonomous driving applications.
“LeddarTech’s LiDAR development platform is truly a disruptive technology that allows our customers to design and mass produce customized LiDAR solutions that meet the specific autonomous driving application requirements of OEMs,” stated Charles Boulanger. “It allows all partners in the value chain to optimize performance and costs for all levels of autonomy. This is a win-win model for all stakeholders, from the component supplier to the automaker. We believe this model is a key factor in enabling the deployment of the autonomous vehicles of tomorrow,” concluded Mr. Boulanger.
This speaking engagement is preceded by LeddarTech’s continued expansion in Canada, with the launch of its new research and development office in Toronto, known as the Toronto Automotive Center of Excellence. The newly expanded team is actively contributing to the development of LeddarTech’s solid-state auto and mobility LiDAR platform. The Toronto Automotive Center of Excellence held it’s Grand Opening event on May 2nd, 2019.
About LeddarTech
LeddarTech is an industry leader providing the most versatile, scalable auto and mobility LiDAR platform based on the unique LeddarEngine, which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with LeddarSP™ signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. Additional information about LeddarTech is accessible at www.leddartech.com, and on LinkedIn, Twitter, Facebook, and YouTube.
LeddarTech, Leddar, LeddarEngine, LeddarSP, and LeddarTech logos are trademarks or registered trademarks of LeddarTech Inc. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
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May 14, 2019 Press release LeddarTech to Participate at JSAE 2019 in Japan and to …
LeddarTech to Participate in May 2019 at the JSAE 2019 Exhibition in Japan and to Present at the CVCA International VC & Automotive Technology Event in Canada
QUEBEC CITY, May 14th, 2019 — LeddarTech®, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform™, is pleased to announce that it will join a panel at the CVCA International: VC & Automotive Technology Event in Toronto Canada on May 21st. In addition, it will participate at the JSAE 2019 Exhibition in Japan from May 22nd until May 24th.
May 21, 2019: CVCA International: VC & Automotive Technology Event, Toronto Canada
Frantz Saintellemy, President and COO at LeddarTech, will join a panel discussion on the strength of Canada’s auto technology sector, the value of platform technology, and investment into the technology sector of Canada’s automotive industry hosted by the CVCA, in collaboration with OMERS Ventures and the Automotive Parts Manufacturer’s Association (APMA). The panel discussion and networking event bring together Canadian and International VC investors, emerging technology companies, OEMs, and Tier-1 automotive suppliers to share insights on new software technologies and business models that are re-shaping the automotive & transportation sectors globally.
“Technology is evolving at a rapid pace within the automotive industry. LiDAR technology is an essential component toward enabling autonomous driving in automotive and mobility applications globally,” stated LeddarTech’s Frantz Saintellemy. “I look forward to sharing my insights on the state of Canada’s automotive technology sector, with a particular focus on LiDAR platform technology. I will also provide my thoughts regarding fundraising challenges and opportunities in the sector to the attendees of CVCA’s VC & Automotive Technology Event.”
May 22-24, 2019: JSAE 2019 Exhibition in Yokohama, Japan
LeddarTech will participate in the Government of Ontario Pavilion at the JSAE Automotive Engineering Exposition 2019 in Yokohama from May 22nd until May 24th. Visit booth #415 to speak with our LiDAR specialists and discover our ADAS and AD solutions for automotive and mobility applications. LeddarTech’s authorized distributor Nagase will also be representing the product portfolio at booth #190.
About LeddarTech
LeddarTech is an industry leader providing the most versatile, scalable auto and mobility LiDAR platform based on the unique LeddarEngine, which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with LeddarSP™ signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. Additional information about LeddarTech is accessible at www.leddartech.com, and on LinkedIn, Twitter, Facebook, and YouTube.
LeddarTech, Leddar, LeddarEngine, LeddarSP, and LeddarTech logos are trademarks or registered trademarks of LeddarTech Inc. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
Download the PDF version of the press release
Download
Return to Latest News and Media Coverage
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Virtual Car Sharing Combines Telepresence Robots and Autonomous Vehicles
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Women, men sharply divided on driverless cars – Washington Times
Women are far less enthusiastic about the prospect of driverless cars than men, recent studies show. The latest survey by the AAA car owners club found that 71% of respondents expressed fear about riding in a fully autonomous vehicle. However, a significantly higher percentage of women (79%) than men (62%) said they were fearful of… Continue reading Women, men sharply divided on driverless cars – Washington Times