GM, Ford and Tesla Contribute to EV Sales Setback
The outlook for electric vehicles isn’t quite as bright as it was six months ago, and the US is largely to blame, according to BloombergNEF’s latest findings. Cox Automotive Executive Analyst Michelle Krebs joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…
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@IamMichelle88
December 15, 2023 at 4:08 pm
My stolen identity used here
@darrellshirar4411
December 15, 2023 at 5:20 pm
Michelle you don’t know what you’re talking about
@darrellshirar4411
December 15, 2023 at 5:22 pm
That’s because GM and Ford don’t know how to build an E V. How come Tesla is not cutting back?
@marsspacex6065
December 15, 2023 at 6:05 pm
Tesla is doing great while the rest are doing bad.
@sean7908
December 16, 2023 at 10:10 am
I think GM and Ford’s poor performance contributed to Tesla’s success
@andyballard1883
December 15, 2023 at 6:35 pm
EV sales will only truly be viable when buyers are able to charge almost exclusively at home for a know off peak cost. Charging networks will always overprice and people absolutely do not trust them not to exploit us. The cost of living crisis over the past two years has shown companies will employ greedflation and kept prices artificially high to boost shareholder profits
@ChrisBoylan
December 15, 2023 at 7:11 pm
Sound insight into the current state of the EV market: growing demand for EVs yet traditional auto-makers are still struggling to catch up with the industry leader so they’re cutting back on EV production and some even suffer from excess inventory. Tesla continues to increase sales volume year over year while other manufacturers are cutting back.
Eventually Ford and GM will get to the point where they can make a competitive EV at a competitive price point *with* a viable long distance charging network (which Tesla already has). The adoption of the Tesla (NACS) charging port standard will be a huge win for the other manufacturers but they also need to update their navigation systems to automatically route drivers to chargers when on long distance drives.
I just completed a 6,000-mile (round trip) road trip in a Tesla Model 3 and found plenty of Tesla superchargers along the route, some of which were completely empty (other than me). The trip took about 4.5 days from NYC to Seattle and 3.5 days from Tacoma back to NYC. Road tripping in a Tesla is already easy. Once it’s easy for other manufacturers’ cars, the adoption rate will increase even further.
@sean7908
December 16, 2023 at 10:09 am
Why is Tesla in the title of this video? Are they waiting to get sued?
@paulhollowell9966
December 16, 2023 at 5:04 pm
No one wants that trash !!!
@Rickoshay
December 17, 2023 at 12:49 am
Bloomberg pushing the anti EV story. It’s unbelievable that we’re still listening to people who look at the future of the motor industry as if there are many alternative routes – as if EVs are just a fleeting change – just a flash in the pan – it’s beyond ludicrous – when it is blatantly obvious – a guaranteed certainty to anyone with even the slightest amount of intelligence – that all vehicles in the world (barring a few third world countries) will run on electricity and clean fuels within 15 years.
These constant attempts to dampen and undermine the EV industry, more specifically companies like Tesla – are driven by the old-school relics of the motor and oil industries and politicians on the take.
The US government and media must speed up the transition to EVs. What will the US do when most US motor manufacturers have shut down in 15 years and China completely dominates the world’s motor industry? Start a war – ban all cars?
@sailorbob74133
December 17, 2023 at 2:37 am
Electric trucks are a niche product without much of a market.