EVs were supposed to be the future. Not everyone is buying it | DW News

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Published 2024-07-26
Despite pledges and targets to move electric vehicles down the road, recent second quarter earnings from big car companies show loses. Ford and Stellantis are both struggling, and a majority of car companies are losing money on each electric vehicle sold -- no matter if it's a battery or plug in. Will big auto makers step away from electric or simply diversify their portfolios.


Chapter Breakdown:
0:00 - 00:30   EV profits slumping
0:30 - 2:15    The EV agenda
2:15 - 3:25    "We're pro-reality."
3:25 - 5:05    Changing consumer habits
5:05 -7:52     Only one BEV maker is profitable...
7:52 - 9:45    China's surprise push
9:45 - 12:20   Are BEV owners locked in?
12:20 - 14:52  "Toyota never gets it wrong."
14:52 - 16:32   Deadlines are just targets

#electricvehicle #everyone #tesla

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All Comments (21)
  • @craigcman6738
    1.2 million cars were sold in the US were EV. The numbers before 600000. So EVs are slowly getting there.
  • @seanlander9321
    Resale is the problem, people have watched owners being burnt because of the rapidly developing technology.
  • @MrChristocentric
    how does a single european man living in a appartment need a 45k ev option? not realistical
  • @sopadurso
    I see more Evs then ever. In a competitive market companies profits are not supposed to be constantly high…
  • @tibsyy895
    $45K option?! haha! I need a $15K option!
  • @GPSniper1
    EV is for people who own a house and can charge at home.
  • @Ausf
    The market for generic overpriced electric SUVs has been saturated, and the only option for cheaps EVs, China, is attracting tariffs in both the EU and US.
  • @Mi-Chis
    Why are we not talking about prices of ev? I will never spend 50 or 60k on a car…
  • Was this programme made by your B-team: content is well below par your channel. Where were the numbers? As I understand it, BEV sales are growing year on year and ICE sales have been falling year on year since 2017. This conversation with a single consultant reflects only his opinions. I expect DW to base their programmes on facts not very soft interviews with opinionistas. Please do better next time:M
  • @rratschable
    This is a survival issue for OEMs, and if they drag their feet they will be the next Nokia or Kodak. EVs are inherently cheaper and easier to manufacture and maintain than ICE. They do have expensive material and software costs, but once you get these under control, your prices continue to fall with volume. Base Chinese EVs are already under $12000. When EV prices in the states drop significantly below the ICE counterpart, it will be over.
  • @belizarius_997
    So people not buying small crossovers for the price of premium executives? How dare you, lol.
  • @DavidSchneiderIP
    I'm 76 years old. The most expensive vehicle I could afford in my life cost just under $5,000.
  • @Iselas181
    I can't afford one so I can't get one, simple as that.
  • @eatcochayuyo
    This guy is spreading nonsense. Prices are dropping fast and there are huge masses of people buying more expensive combustion cars while having the possibility to charge at home. The problem is misinformation. Which this guy is spreading.
  • goverments have let the EV industry down with a lack of investment to upgrade the power grid. time to pull your fingers out.
  • @Boatmoviemaker
    Why put 40 % or 102 % tax on EVs from China if no one are interested to buy EV (even if the cost are lower than ICE) according to this guy?
  • @krakken-
    If the US let in Chinese autos without 100% tariffs, the US would be all EV in less than 5 years. There are great EVs from China less than $20k. Having to compete with that would drive US auto makers to quickly provide affordable EVs if they wanted to survive.
  • Why does USA have all this preoccupation with giant pickups?...sounds like a testosterone problem to me.
  • @makatogonzo
    A work horse pickup base model should not cost USD70k. What aspiring tradesman can afford that?