Specially targeting Chinese brands for being Chinese would most likely be a significant escalation that results in retaliation.
China is GM’s largest market and Tesla and Ford’s second largest market, they have significant leverage if they choose to retaliate in kind.
The U.S government can just target sanction any popular Chinese OEMs, but of course that would be an escalation that results in the Chinese sanctioning American companies like GM, Ford and Tesla.
even 7% sounds better
First of all it’s 7.9%, and hard numbers are hard numbers, how it sounds “good” or “bad” is entirely subjective. I personally think 1 out of every 12 cars being EV is great.
and imagine
What’s the point in imagine an alternative reality?
Imagine how many EVs would be sold if gas price goes up 50% without all the oil company subsidies? Imagine how many EVs would be sold if we tax engines by displacement like all civilized countries do?
But that’s not the case, so you can’t choose and pick what alternative reality you wanna live in.
are still unpopular
According to the article their market share percentage are already about the same as hybrids, a much more mature and well adopted technology.
Like… why don’t you at least open the article and read first before sharing opinions?
I mean you have valid reasons to hate the CCP government, but I really don’t think they give two shits about your driving habit or things like that.
The average American living in America is much more likely to have their civil rights fucked over by the American government than by the Chinese government.
The dealer lot info is really irrelevant. It shows an in-balance in supply demand for some brands, but overall speaking only sales number matter.
You can argue what happened was some companies overestimated the growth of EV market or overestimated the desirability of their own product.
This horse has been beaten to the bone
Yet I’m here arguing the same thing for the Nth time.
It is absolutely expected for the growth to slow down over time, that is true for any new products past the very early adopter phase.
And even discard math, we are just now normalizing from the crazy 2021-2022 market into a more normal market with much higher interest rate. The overall EV growth still far out paces overall market growth, and outpaces hybrid growth.
Meanwhile, Toyota is hitting record profits partly with increased Hybrid sales
From your article, Toyota’s hybrids sale increased by 27%, which is far less than the market growth for EVs. And btw a lot of their increased profit was from them reporting lower cost due to Yen’s value crashing over the past year.
The “writers” at these sites probably just copy/pasted oil company marketing people’s requests directly into ChatGPT lol.
They might as well not have. It’s such an embarrassingly bad vehicle that it does nothing for their bottom-line, while costing them in brand reputation.
Now they’re a ‘smoking-hot market’ as EV demand chills
I really cannot find any data whatsoever that suggests EV demand is slowing down, as it just reached a sales record in the most recent quarter with a 49.8% growth YoY: https://caredge.com/guides/electric-vehicle-market-share-and-sales#Q3_2023_Electric_Vehicle_Market_Share_and_Sales_US
What’s up with these low quality clickbait articles that twist facts and mislead readers? Fortune, Forbes, Business Insider etc have been churning them out nonstop for this past month.
when the government changes its policies on private vehicle acquisition
What specific policies are you referring to here that was aimed at screwing VW?
EVs don’t even have a touchscreen infotainment.
/r/cars breathing intensifies…
Are they also manual transmission brown wagons that come used from the factory by any chance?
Ford F-series is the best selling car in the US but that doesn’t mean Americans are nationalistic when it comes to cars.
BYDs are cheaper and are designed for the Chinese market, it’s a matter of time before they over take Tesla, a premium brand.
There are just no other non-premium EV brand on the planet that’s competitive.
Nationalism and country disputes are also most reason
If that’s the case Tesla wouldn’t be doing so well there.
It really is just because the Japanese and Koreans don’t have any value proposition in the Chinese market anymore.
They have neither the prestige of the European/American luxury brands nor the value and technology of domestic Chinese OEMs.
Man so I’ve spent a lot of time behind the wheels of 720S, probably close to 2000 miles or so.
It’s a really fast car with great steering feel, but I am really so so about it when compared to some of its contemporaries for some reason. Every time before I get in I am excited to drive it but usually after an hour or so I just get…. bored?? The engine doesn’t sound special and is laggy unless you drive like an asshole, and the steering manages to have decent feedback but also be non-memorable at the same time.
To be fair I’ve only driven it on nice public roads, maybe it will shine on the track.
But anyway that’s probably why I’m slightly interested in the 750S. It’s supposed to make it feel less clinical by giving it things like a better sounding exhaust and quicker steering ratio.
I took this photo when it first came out earlier this year in Japan:https://i.imgur.com/q1DnYx6.jpg
With a bright color like that it looks sleeker than most cars on the road. Well done Toyota design team.
No kidding. For years Nokia was more popular than iPhones too… And everyone was buying Kodak film camera as well…
So you are saying without $7500, EV sale would be zero? Ok.
I mean what do I even say to people like you? LMAO.