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Transportation China

Global EV Sales Up 30.5% In September (reuters.com) 39

An anonymous reader quotes a report from Reuters: Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5% in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday. Gains in the U.S. market have been slow and steady in anticipation of the Nov. 5 election, which makes it difficult to predict future trends in the country, data manager Charles Lester told Reuters. EVs -- whether fully electric (BEV) or plug-in hybrids (PHEVs) -- sold worldwide reached 1.69 million in September, Rho Motion data showed.

Sales in China jumped 47.9% in September and reached 1.12 million vehicles, while in the United States and Canada they were up 4.3% to 0.15 million. In Europe, EV sales rose 4.2% to 0.3 million units, thanks to a 24% jump in the United Kingdom and gains in Italy, Germany and Denmark, Lester said. In the Chinese market, the penetration rate of BEV and PHEV is growing faster than some expected and sales "could be a record every month until the end of the year", Lester said. He added that Germany's 7% year-on-year growth was "definitely positive news", and that intermediate carbon emission reduction goals set in the EU for next year will test the bloc's market.

Global EV Sales Up 30.5% In September

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  • by Anonymous Coward

    Well don't I remember people around here trying to claim that EV sales were dead?

    Sure seems like a lot of unsubstantiated bullshit remains unsubstantiated, and bullshit.

    • I think the explanation is that these statistics include hybrids, which are an easier purchase decision (at least for for buyers who have good money). The battery EVs is what is more interesting to follow, because it implies a disruptive choice. The data I read today for EU is that the battery EVs are down in sales year to year, it's the hybrids that increased a lot and are pulling the overall numbers up.

      • Here in Yurp, the majority of taxis & police cars, are fully BEV. There's a lot of personal BEV cars too. I don't think Yurp has the same kinds of issues with BEVs that the USA seems to have.

        Also, only looking at cars doesn't take into account the numbers of people who are leaving their cars at home & getting around on bikes, electric power-assisted bikes, & electric scooters. Where I am, they're everywhere. A lot of people use them to get to work. Additionally, the hybrid buses here are gett
        • by rossdee ( 243626 )

          "Also, only looking at cars doesn't take into account the numbers of people who are leaving their cars at home & getting around on bikes, electric power-assisted bikes, & electric scooters. Where I am, they're everywhere. A lot of people use them to get to work."

          Do they not have rain or snow over there?

          • It's been raining all this week so the buses have been fuller than usual. Over here in Yurp, we also have these magical inventions that are a round canopy on the end of a stick that we can hold in the air above to prevent the rain from landing on us. They can also fold up pretty small for easy portability.
            • Oh, if you're on a bike or scooter, that's not really convenient or safe so we have another invention that's like a coat or jacket except it's made from water proof or water resistant material.
  • though it looks like it's back up after the dip. Basically a large sell off when that event flopped and then it stabilized. It's still at half what it was 3 years ago. Though I guess better than it was 6 mo ago when it was half what it is today (or 1/4 the 3 year high).

    Tesla needs to update it tech or it's gonna get it's lunch eating. The Cybertruck has been a disaster and they've run through all the preorders. Turns out you can't just turn a middling SUV into a truck on a whim. They did get a nice sto
    • While the Cybertruck struggles to not short circuit in any amount of water, a Rivian can apparently survive a hurricane induced flood [imgur.com] and go on to deliver supplies.

    • Re: (Score:2, Interesting)

      by AvitarX ( 172628 )

      Tesla is going to struggle until it can get rid of its public perception of being Elon Musk and focus on making profitable EVs that remain an excellent value proposition.

      The fact that Tesla can profitably make EVs that are 10+% less than similar competitors is HUGE for the company, but people seem to be willing to pay the extra to avoid association with Musk.

      The Cyber Truck seems like a miss too. It was revealed in prototype form as something innovative putting function over form. As it went into production

      • The board managed for force Musk to hire a marketing department.

        Well, he hired them, then immediately fired them.

        Tesla *is* Musk. It lives and dies by Musk. There's no getting around that. He has friends on the board of directors and between their shares and his Tesla might as well be a privately owned company. He has controlling interest thanks to his buddy's shares, so none of the usual breaks and safety measures work.

        The only reason his $55bn dollar pay package (more than all the profit Tesla
    • Re: (Score:2, Flamebait)

      by backslashdot ( 95548 )

      It didn't help that their CEO started hanging out with Nazis and allowed himself to double down on only right wing memes.

    • though it looks like it's back up after the dip. Basically a large sell off when that event flopped and then it stabilized. It's still at half what it was 3 years ago. Though I guess better than it was 6 mo ago when it was half what it is today (or 1/4 the 3 year high).

      Tesla's stock is based on speculative value, and you've presumably seen enough cryptocurrency and meme stock stories to know how that works. That's more the fault of Wall St. living in some fantasy world rather than anything Tesla is doing wrong, though.

      They make $8k per car, which sounds nice until you realize that's with a $7500 gov't subsidy that's on track to go away in a few years.

      Might go away even sooner if Musk gets his presidential endorsement wish granted. It certainly is weird watching a CEO sabotage his company in real time.

      When it does unless Tesla pulls some major tech out of their bums and gets us a sub $30k 4 door EV Sedan they're dead walking.

      You're probably already well familiar with the average selling price of a new vehicle in the USA, so it

    • by dfghjk ( 711126 )

      Tesla's "tech" is ok, it's their cars that are junk. Tesla has no interest in making a good car, never has. They make good electric drivetrains bolted to the worst cars made.
      If Tesla doesn't understand it, their strategy is to say you don't need it. Take one-pedal driving, Tesla cannot figure out how to blend regen and braking, so you don't need it. Instead, regen on the accelerator, brake only on the brake pedal. Awful, yet their might stock price convinces the ignorant that Tesla has good ideas. Sam

  • Big surprise. In China where they are $20k there was a 40% increase. Here where they are $60k the increase was 4%.
    • Re:Big surprise (Score:4, Informative)

      by Powercntrl ( 458442 ) on Tuesday October 15, 2024 @08:02PM (#64867495) Homepage

      Big surprise. In China where they are $20k there was a 40% increase. Here where they are $60k the increase was 4%.

      A Model 3 starts at $38,990. Real-world pricing for the Chevrolet Equinox around my neck of the woods starts at $39,135. From personal experience, if you tell a Chevy dealer "I'm not paying Tesla prices for a Chevy EV", they absolutely will come down a bit on the price.

      Also, the Chevy does qualify for the $7,500 tax credit, but the base Model 3 does not. It's complicated. [cars.com]

    • by dfghjk ( 711126 )

      The news is not about a competition between China and the rest of the world or whether those results should be expected, you just choose to read it that way then fabricate some evidence to denigrate those reporting the numbers.

  • by MMC Monster ( 602931 ) on Tuesday October 15, 2024 @07:54PM (#64867485)

    Every save of an electric car is one less sale of a gas car, and therefore less reliance on oil from the middle east. Yes, The US is producing more oil now than any previous time in history of he country. But less oil means less worrying what the middle east is up to.

    • Every save(sic) of an electric car is one less sale of a gas car

      No, its not. There are plenty of people who would not have bought a new ICE vehicle that are buying a new EV because they mistakenly think it will reduce emissions.

      Its also doubtful that our involvement in the mideast has anything to do with US oil use, we are net exporters of oil. It has more to do with US oil companies' interests, geopolitics and emotional support for Israel.

  • I'm hoping there's a robust and broad non-Tesla EV marketplace available when I'm ready to buy. If not, I might end up with another ICE vehicle, or just running my current one a few years longer (hey, I held onto that Escort Wagon for a very long time, I can do the same with the Camry).

    I typically try to avoid letting personalities / politics affect my purchasing decisions, but Musk is such a flaming turd of a human that I simply can't see myself buying anything from a company for which he's the public face

    • or just running my current one a few years longer (hey, I held onto that Escort Wagon for a very long time, I can do the same with the Camry).

      I had an '02 Camry that I drove into the ground. Only ended up getting rid of it because it needed an engine rebuild and was costing me a fortune in gas.

      If money wasn't an object, I'd probably be one of those crazy rich people with a fully restored vintage '02 Camry just because I really liked that car. And I'd probably still just drive my Bolt everywhere to keep from putting miles on the Camry.

    • best is to run the old car into the ground; then buy an EV. There will be acceptable EVs but you won't ever get long range with short refills anytime soon. It's just a change in lifestyle that is mostly a big deal for wimps who can't adapt. We have a huge global problem and WTF is with people demanding everything has to be perfect for them to do something positive?!

      My old 94 Escort was a nice little wagon for a starter car - but I NEVER took it on a long road trip after almost breaking down once. It's si

  • In the parking lot at an apple orchard.

    Thing had tires as wide as a dump truck's.

    Made the Rivians and Cybertrucks I see on the road look puny by comparison.

    My first thought was, this dude isn't going apple picking, he's getting provisions for invading Russia. Until his battery runs out, that is.

  • Posted Reuters article: "Global EV sales up 30.5% in September as China shines, Europe recuperates"

    Article that Reuters links to: "Global EV sales up 20% in August despite 19-month low in Europe, Rho Motion says"

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