ICE or EV?

Which car(s) will you be buying next?

  • ICE ICE Baby (morekaos dinosaur option)

    Votes: 10 27.8%

  • EV forEVa (unicorns for all)

    Votes: 21 58.3%

  • PHEV (I still have range anxiety)

    Votes: 3 8.3%

  • Hybrid (can't plug in yet)

    Votes: 5 13.9%

  • Alternative fuel (Hydrogen, vegetable oil, etc)

    Votes: 0 0.0%

  • Other

    Votes: 1 2.8%
  • Total voters
    36
The trend is your friend. Clearly, Toyota has near term navigating the production market properly. They have been rewarded with good earnings and a higher stock price. can’t force consumers to buy something they don’t want. Toyota has that figured out the others are lagging when coming to that reality.🤷🏽‍♂️😂🦄🌈
 
No matter the legislation…you can’t repeal “common sense”….🤦🏽‍♂️😂😂😂

Toyota Chair: Don't Force People to Buy EVs

Toyota manufactures and sells more cars and trucks than any other country on Earth and Toyoda — former CEO and grandson of the company's founder — might know a thing or two about automobile production.

Critics might accuse Toyoda of self-dealing when it comes to EVs and after today's news almost certainly will. His company is already accused of being "behind" the competition in developing electric cars and trucks — even though Toyota was a pioneer in hybrid vehicles like the oft-maligned Prius.

So it's a fair question: Why would Toyoda want governments to force people to buy cars his company doesn't make "enough" of?

But the fact is that consumers are already getting their fill of EVs. Toyoda looked right on the money this week when he predicted that EVs will top out at maybe 30% of all vehicle sales. The remaining 70% of new car sales will be fuel cell EVs, hybrids, hydrogen cars, and — of course — gas and diesel burners.

While Ford is cutting back hard on the electric version of its top-selling F-150 pickup and scrambling to shift production back to gas-powered cars.Ford’s executive chairman, Bill Ford, told the New York Times in October, “Some of the red states say this is just like the vaccine, and it’s being shoved down our throat by the government, and we don’t want it.”

Those 700 laid-off workers at Ford's electric truck plant in Dearborn might wish that weren't true, but the company can't continue to produce thousands of trucks dealers can't sell.

Toyota, on the other hand, continues to enjoy robust sales. The company manufactured a record 9.2 million vehicles as of November of last year — and is expected to hit 10 million or more for all of 2023 once the final figures are released.

No mandates were required for Toyota to achieve those spectacular sales.

https://pjmedia.com/vodkapundit/2024/01/24/toyota-chair-dont-force-people-to-buy-evs-n4925794
 
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…and the hits just keep on comn!...😂😂😂🌈🦄

Tesla gets a sell rating ahead of earnings on concern about EV oversupply

Tesla misses fourth-quarter revenue estimates on weak auto sales and warns of lower volume growth in 2024

· Tesla reported revenue growth of 3% in the fourth quarter, trailing estimates.

· Auto sales increased just 1% from a year earlier.

· Vehicle volume growth in 2024 “may be notably lower” than last year’s growth rate, the company warned.

https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html
 
sgip said:
"The circle is now complete..."
Click to expand...
They've had keyboard add-ons for years... I like the one that slides behind the iPhone to keep the overall form factor smaller... this one makes your phone like one long slab.

I still yearn for a physical keyboard but got used to the virtual one... the biggest problem is you lose screen real estate with the virtual keyboard.
 
That’s just GAAP math…🤷🏽‍♂️😂😂😂🦄🌈

“Vehicle volume growth in 2024 “may be notably lower” than last year’s growth rate, the company warned.”
 
electrek.co

Rivian, Kia, and Mercedes see huge jump in new car registrations – a sign of what's to come?

S&P Global Mobility data hows huge gains from Rivian and Kia, as well as luxury EVs from Mercedes, in November 2023 new EV registrations.
electrek.co electrek.co

EV leader Tesla – which took the number-one spot for the entire year – grew registrations by 8.6% in November 2023 compared to the same month a year prior, reports Automotive News. Tesla’s new registrations were at 42,737 for a 47.7% share of the EV segment that month. In November 2022, Tesla had a 57.1% share, S&P Global said, so a modest dip.

For Ford, new EV registrations rose 21% in November 2023 to 7,787, putting it in the number-two slot overall for the year, behind Tesla, the report said.

Chevrolet EV registrations dropped 0.2% year over year to 4,172 for a 4.7% share for the month.

Tesla Model Y had 342,512 registrations from January to November 2023, seeing a 77% jump from the year prior. For the Model 3, it had 194,087 registrations for Jan.-Nov. 2023, with a 12% jump.

The Chevy Bolt had 59,371 registrations in that same time period, for a 92% increase, and Ford’s Mustang Mach-E had 34,314 registrations for a 92% increase.

All together, Cox Automotive estimates that “a record” 1.2 million EVs were sold in the country in 2023, for a 7.6% share of the light-vehicle market, up from 5.9% in 2022, Automotive News reports. For 2024, Cox says it expects the EV share to jump to 10%.

American EV maker Rivian saw 6,512 new registrations in November for a huge 146% gain compared to November 2022, with the brand capturing 7.3% of the EV segment that month.

Korea’s Kia doubled its EV registrations to 2,2278 for a 2.5% share in November. Meanwhile, sister brand Hyundai saw a gain of 3,678 for a 4.1% market share.

For the German brands, BMW also “overperformed” in the EV segment with a 42% increase in new-vehicle registrations in November to 4,046 vehicles, for a 4.5% share. Mercedes-Benz, for its part, saw a 160% rise in new-vehicle registrations in November with 3,688 vehicles, for a 4.1% share of the EV segment.

So even if demand may be slowing... sales/shares are still increasing and lux buyers are buying more EVs of their favored brands.

Definitely not a fail.
 
I love how they make up new indicators to justify a market…. (New registrations) Like Price to Revenue ratios (instead of dinosaur PE’s) during .com or eyeballs and looks on webpages…in the end it comes down to Earnings..dollars and cents, profit and loss…on that note EV’s are a total fail🤷🏽‍♂️🦄🌈😂😂
 
i’d be crying if I owned any of that garbage. As it stands I’m laughing because I shorted a lot of that garbage.🫰🏽😂😂😂🦄🌈
 
paydawg said:
Is it true maintenance is significantly more on EVs? I don’t own one… yet

Seems like tires need to be replaced twice as often?

Loading…

amp.miamiherald.com
Click to expand...
Maintenance more in costs or frequency? I mean, there isn't any maintenance at all.

As for tires needed to be replaced more often, I've never heard of that. That article about changing tires after 7k miles is ridiculous. Our Model 3 is at 16k now and it's nowhere near needing to change tires.
 
25,000 to 35,000 for tires.

The combination of heavier vehicle and fast acceleration eats ur tires.
Change the acceleration to slow mode if you wanna keep your tires longer.
 
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