2026's EV Sales Hit 1.1M - But Europe Surges While North America Slides (electrek.co) 144
Europe's EV sales for January and February spiked 21% from last year, according to new data from Benchmark Mineral Intelligence. Electrek reports that just in those two months over 600,000 EVs were sold in Europe.
And figures for "rest of world" (which excludes Europe, North America, and China) are up a whopping 84% — with 370,000 EVs sold in January and February. (EVs now represent more than 30% of the vehicles sold in South Korea.)
But for the same period China's sales are down 26% from last year, with 1.1 million vehicles sold. And North America showed an even larger drop of 36% from the January/February figures in 2025, now selling just 170,000 electric vehicles, while Canada's EV sales were down 23%. EV sales seem heavily influenced by government incentives, with Germany and France leading Europe's growth: EV sales in Germany are up 26% so far this year, following the country's introduction of a new subsidy program at the start of 2026. France's market is up 30%, supported by its existing incentive program.
Italy is also seeing rapid growth. EV sales there jumped 23% month-over-month in February, making it the country's strongest month ever for EV sales. The Italian market is now up 98% year to date. That surge follows the Italian government's October 2025 launch of a new subsidy program, funded by the EU's Recovery and Resilience Facility, to increase EV adoption. Households can receive up to €11,000 ($12,700) in incentives, while smaller businesses can get up to €20,000 ($23,200)...
[T]he global EV transition isn't slowing, but it's becoming much more uneven depending on policy, incentives, and trade rules.
And figures for "rest of world" (which excludes Europe, North America, and China) are up a whopping 84% — with 370,000 EVs sold in January and February. (EVs now represent more than 30% of the vehicles sold in South Korea.)
But for the same period China's sales are down 26% from last year, with 1.1 million vehicles sold. And North America showed an even larger drop of 36% from the January/February figures in 2025, now selling just 170,000 electric vehicles, while Canada's EV sales were down 23%. EV sales seem heavily influenced by government incentives, with Germany and France leading Europe's growth: EV sales in Germany are up 26% so far this year, following the country's introduction of a new subsidy program at the start of 2026. France's market is up 30%, supported by its existing incentive program.
Italy is also seeing rapid growth. EV sales there jumped 23% month-over-month in February, making it the country's strongest month ever for EV sales. The Italian market is now up 98% year to date. That surge follows the Italian government's October 2025 launch of a new subsidy program, funded by the EU's Recovery and Resilience Facility, to increase EV adoption. Households can receive up to €11,000 ($12,700) in incentives, while smaller businesses can get up to €20,000 ($23,200)...
[T]he global EV transition isn't slowing, but it's becoming much more uneven depending on policy, incentives, and trade rules.
Not for long. (Score:5, Insightful)
The ever-present (false) claim that "EVs are too expensive" just died in the attack on Iran. With fuel costs headed nowhere but up and no end to the war in sight, even fools recognize that EVs are the smarter option.
Re: Not for long. (Score:5, Insightful)
They always were, if the retail price of ICE cars and fossil fuels reflected the unsubsidized costs plus all externalities.
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Not so in the developing world, though. Large Chinese EV manufacturers like BYD, Geely, Changan, and Chery now produce cars much cheaper than ICE cars of the same segment / price range.
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Obviously. But in the US, some already too rich people always have to get richer and the voter is deep asleep.
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No need for that. Many ICE cars fail in cost over EVs when analysed in full lifecycle cost over time. But people don't see that cost, they see a sticker price, not the cost of replacing a timing belt, oil changes, burning gasoline, etc.
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Norway didn’t ban shit.
Re: Not for long. (Score:5, Interesting)
Norway didn’t ban shit.
Yes. Norway has made the taxation a bit more representative of the true costs they cause, but ICEs are in no way banned.
And also EVs are outselling ICEs overall in the whole of Europe [reuters.com]. Yes, Norway and the UK are leading, but EVs are going up everywhere.
We're now clearly at the denial stage from the enemies of EVs.
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EVs surpassing ICE-only isn't that big of an accomplishment, though it is a good direction.
If it doubles, it'll match hybrids.
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Even if there were no environmental impacts, Energy Independance (from all spheres of influence) is a good one.Roll on the EV.
Not a coincidence how money follows oil and thereafter follows a crappy absolute dictator. Like Iran, Russia, The US, Venezuela, Other Middle East states. I don't want to support any of those regimes. (Norway is one of the few that bucks the trend),
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Norway isn't free of its own misbehaviors in the name of oil, but at least they behave nicely outside of their borders.
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A new technology doesn't take over overnight.
For new car purchases in europe as a whole 2024 was 15% EV, 2025 was 19% EV.
Pure ICE engines (diesel and petrol) fell from 47% to 37% in the same timeperiod.
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What unsubsidised costs? Here in europe the price of petrol is approx double that of the US yet Ice cars are still outselling EVs except in norway which banned new ICEs formsale a few years back for reasons best know to themselves.
A good portion of the defense budget that goes toward maintaining up America's military dominance in order to prop up the petrodollar.
Re: Not for long. (Score:2)
Source ? I thought it was $1b/day. Which is still huge. Enough to subsidize 133k EVs with the defunct federal tax credit/rebate.
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Installing proper heating, insulation and switching over to appropriate agriculture when the North Atlantic Current shuts down.
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yes, even if that battery production is as dirty as you claim (and its not, on the net), the displacement of fossil fuels those batteries will provide over years will on the net be better for all of us. you only get to use oil once
Oil has a lot of other applications as well.
yeah and nobody besides the silly podcasters you listen to are saying "stop all petroleum products" just stop burning it to make stuff hot and blowing that into the atmosphere.
Re: Not for long. (Score:5, Interesting)
It's the exact opposite of environmentally friendly.
That's not true is it?
There are positive environmental impacts of batteries:
1) Reducing greenhouse gas emissions
2) Peak shaving and grid stability
3) Reduced pollution from fossil fuels, particularly NOx and SOx
There are negative effects too, especially related to cathode production, including the mining of the required elements. But it's not "the opposite of environmentally friendly". For greenhouse emissions, a BEV will emit about 27% the pollution of a ICE [thedriven.io], and improving. For pollution the manufacture of cathodes is pretty dirty, and the operation of diesel engines godawful. [sciencedirect.com]
Re: Not for long. (Score:5, Interesting)
You just don't see it, so you don't think it counts.
That's true -- people tend not to properly consider the costs of problems that they can't directly see. Such as the housing/infrastructure costs incurred by having too much CO2 in the atmosphere, or the security/stability costs incurred by having to fight wars in the Middle East every 15 years.
At least the environmental messes in China remain China's problem; one that they will likely sort out on their own, because unlike some superpowers I could name, China is very much into solving technical problems. The global-scale environmental messes, OTOH, are everyone's problem, and only get worse the longer we ignore them.
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You just don't see it, so you don't think it counts.
That's true -- people tend not to properly consider the costs of problems that they can't directly see. Such as the housing/infrastructure costs incurred by having too much CO2 in the atmosphere, or the security/stability costs incurred by having to fight wars in the Middle East every 15 years.
When the bombs start dropping near your back yard, are you going to be thinking of “costs” at that very moment, or are you going to realize with the threat of death nearby that fighting over cobalt and lithium might just actually force you to realize the EV mineral wars, will NOT be any less deadly?
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When the bombs start dropping near your back yard, are you going to be thinking of âoecostsâ at that very moment, or are you going to realize with the threat of death nearby that fighting over cobalt and lithium might just actually force you to realize the EV mineral wars, will NOT be any less deadly?
One nice thing about cobalt and lithium is that they don't get consumed when you use them. When you drive your gas-powered car, the gas you put into it goes away forever, and you have to buy another tank next week, every week, for the life of the car. The rare earths in your EV's motors and batteries, OTOH, remain present and usable for the lifetime of the car, and can and will be reclaimed for other purposes after their service life ends.
So sure, there might potentially be wars fought over those elements
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You think making batteries is environmentally friendly?
Batteries are durable. That's a one off cost 15 for 15 years. Petroleum products are consumable, so the massive environmental damage from petroleum extraction is repeated continuously over the 15 year life of the vehicle.
So yeah batteries aren't perfect but they're still a heck of a lot more environmentally friendly.
Oil has a lot of other applications as well.
A good 15% of it.
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You think making batteries is environmentally friendly?
There's not a single thing you do in the world that is environmentally friendly. Therefore it is important to frame every activity in terms of comparison. The question isn't is making a battery environmentally friendly, the question is "Is making a battery and charging it using power from ${generation_source}, more environmentally friendly than building an internal combustion engine and running it from gasoline including its refining and production relation environmental damage?"
The answer is yes, It's obje
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Oil has a lot of other applications as well.
Yeah, like plastics. And we need more plastics in our lives, amirite?
Re: Not for long. (Score:3, Informative)
Re: Not for long. (Score:5, Informative)
Re: Not for long. (Score:2)
Re: Not for long. (Score:2)
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Theres still a lot more to it than purchase price, unfortunately.
When I was living in the UK, more than half the place I lived in would have had zero ability to charge an EV - the parking options were either on-road (and if you were lucky, within 3 streets of your house), or if you won the council lottery then you rented a garage within the local area. And no, you couldnt add an EV charger to the garage.
Where I live now, I have off street parking and the ability to add an EV charger - I fully expect my nex
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And while operating costs vary and private charging is vastly preferable - the costs of charging from a public charger aren't that much different to the cost of filling up a tank so that doesn't account for a 10k difference either. e.g. A small EV might expend 14 kWh per 100km and a public charger
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That article is very nuanced - the exact wording is "18 million (65%) of Britain’s 27.6 million households having – or with the potential to have – enough off-street parking to accommodate at least one car or van".
Note the "or with the potential to have" - thats going to be peoples front or back gardens, with corresponding changes to drop curbs etc. Which still means significant investment at a property level to allow for that - who is going to pay for that?
Look at the streets here and te
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Yes, but 6.9m of those 27.6m don't have a car in the first place, and pretty obviously, those are more likely to be the households without the ability to park a car off-street. It's always going to be that much more convenient for people who can park off-street to charge at home compared to those who can't.
But:
- that still leaves at least 70% of cars / households able to charge at home offstreet compared to 0% able to refuel at home offstreet, which is a massive win for tens of millions of people, and obvi
Re: Not for long. (Score:2)
My phone battery lasts two days easily, but I still plug it in every day because unless I set the habit I will forget. Many people are like this.
Re: Not for long. (Score:2)
I only use my vehicle twice a week or so. Since they mostly all loose power just when sitting, I would be afraid of it not having enough charge when I came back to it if I didn't plug it in. No I am not as nervous with gas for two reasons: 1) if I forget it is low on gas, the 10 minute delay to fill is negligible, and 2) gas doesn't evaporate from the tank while the vehicle is sitting.
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Im sorry, but a whole load of those justifications are bullshit.
Yes, but 6.9m of those 27.6m don't have a car in the first place, and pretty obviously,
And how many of those 27.6m will have multiple vehicles?
and pretty obviously, those are more likely to be the households without the ability to park a car off-street.
No, thats very far from "obvious" at all. Very very far. So far, that its a reach.
Did you even look at the Google Maps link I sent? I'd say that under the current approach, a good proport
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You appear to know three-fifths of fuck-all about charging, poverty, who owns cars in the UK and much more besides.
1. So what that some households with no offstreet parking have two cars? They are relatively uncommon compared t those with one or none, and they don't appreciably worsen pressure. What matters is, always, mileage per car per day; range; and thus mean time between charges.
2. It's extremely obvious that households without off-street parking are more likely to have no car at all. Take London, for
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The economics in the UK don't add up for me with no home charging. I can buy an ICE 1.2l second hand car for $5000 all the way down to $1500 if I needed to.
An EV costs at least $10,000 for a second hand one. Chargers near me for fast charge - 70p a KWH. So to charge a typical battery would be $60 vs $30 of fuel for the same range. Or even less range if I want to use the heater in the cold UK winter. The slower charge costs around 40p so is on price parity with gas, but I'd have to sit at a charg
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Bonus pain with slow chargers is if there's an issue with the charger (say it trips the circuit), the cable is locked into the charger.
Now, I've personally never had this happen, but I know it's happened a number of times to colleagues.
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Agree entirely with your broad point that commercial charging being too expensive.
As an easy option to make it look somewhat better, 40p per kWh at Lidl for 50kW charging with no paid subscription is much better My nearest Tesla charger is 31p off peak. If I couldn't home charge, or use chargers like these conveniently, I'd probably pay for a subscription to Ionity for access to the faster chargers at 46p.
Home charging is /so/ much cheaper, and I'd do that even off a 3pin plug, as 2-3kW charging when you'
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Looking at the Suzuki Swift pricing in the UK and The Netherlands, it's a few thousand cheaper than an MG S5, and about the same as an MG4, both full EVs.
Obviously running costs will be much lower for the EVs, due to lower "fuel" costs and reduced maintenance/consumables. The S5 will do 500km on a charge. The S5 is a much nicer car than the Swift too, quieter and more refined, with some luxury features like a motorized tailgate and heated seats/wheel. Faster too, and has a decent autopilot which is great fo
Re: Not for long. (Score:2)
As for the "obvious" lower running costs... Per kilometer running cost is lower if you charge at home, otherwise it isn't quite so obvious. And maintenance might be cheaper (emphasis on might) if compared to full dealership maintenance for ICE. But today, there's quite a number of things you can still do at a local garage with ICE. With EV, you essentially don't get that choice.
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I'm seeing a worst case of 350 km in winter, in the rain, at night, with heating on, at 120 kph.
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EU here, we pay a lot more for fuel than in the US. I bought a car a year back. Went for a small Suzuki Swift, mild hybrid. Ideal for driving in the city. Did the math on an EV. It was at least 10k euro more expensive. I have an actual fuel consumption of 4.5l per 100 km. Gas is around 1.6 euro a liter today. So quick math yields that I can drive roughly 140 000km with that car for 10k euro. An EV is not yet an obvious choice.
https://chargingadvisor.com/gu... [chargingadvisor.com]
If you’re gonna do EV dirty with facts, stick the whole fist in and don’t skimp on the lube.
The Greed selling replacement batteries sure won’t.
Re: Not for long. (Score:2)
Lube, fist, ....
Try to behave, will you...
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Lube, fist, ....
Try to behave, will you...
Bearing(s) in mind, most EV owners assume they don't require lube.
I was merely providing a pubic courtesy and not-so-gentle reminder of how EV culture could come grinding to a halt without greasing up those battery warranties with some extensions. No one will be happy with paying 7 years on an EV loan, only to pay another 3-4 years on a battery loan.
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Re: Not for long. (Score:2)
You do realize most EVs in America are charged by electricity generated from natural gas, and that electric rates have gone up exponentially in the past few years compared to gas and diesel, right?
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Do you have references for any of those claims?
A quick search shows that California is by far the largest market for EVs in America with 35% of all EV registrations [theglobalstatistics.com] in the country. Also that the majority of California's electricity comes from renewables.
I don't know what you mean when you say electricity rates have gone up exponentially. There was a large increase just in the last year due to tariffs and to Trump's policies to encourage export of natural gas, driving up the cost of domestic use. Those we
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Look at your link.
Everyone's have.
What your link shows most clearly, is that while California has a very high Y offset, their trend is identical to the rest of the country.
i.e., it is California's fault that California has expensive energy. It is not California's fault that its energy costs have doubled. It is also not Trump's fault.
Whatever it is,
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I have an EV. I spend way less on electricity to charge it than I did with gas in my old ICE car 2 years ago.
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Can confirm. I was spending ~$500 a month in gas. Switched to an EV and I pay ~$70 a month in additional electricity. Unfortunately my workspaces doesn't have chargers so 95% of all my charging is done at home and most of that is overnight when it's cheapest.
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Re: Not for long. (Score:2)
There's a huge difference: gas fluctuate easily up AND down. Electricity goes up slowly.
So has might be 3usd again in 6m. Or not. But electricity will be slightly higher than now.
Then there is the new car price. 30k of gas gets you pretty damn far even at 5 or 6usd a gallon.
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Only if you don't already drive a hybrid. Living in California, a 50mpg hybrid (priuses tend to do better then that) is cheaper to "fuel" then charging an EV at $0.45 a kwh that SDGE charges. Now, I do hear if you can charge overnight at your home, you can get better off-peak rates specifically setup for EV users. Funny how power for EV is some how cheaper then power for the rest of my home...even on off-peak hours.
Having done all the math in a prior post, until gas breaks $7.15, I'm better off driving my h
The reality of EV marketing. (Score:2)
The ever-present (false) claim that "EVs are too expensive" just died in the attack on Iran. With fuel costs headed nowhere but up and no end to the war in sight, even fools recognize that EVs are the smarter option.
From the ones stuck in a frozen EV in a Chicago winter trying to find an undamaged charger to the ones who don’t live a stones throw from work or even the city work is in, even EV junkies will realize the “solution” still has obvious downsides.
Sometimes one has to be the smarter person and realize that cost isn’t the only reason you don’t buy one. That said, how many owners are ready for that battery pack asking for a second car loan? It’ll be fun justifying all that g
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even EV junkies will realize the “solution” still has obvious downsides.
Perfect is the enemy of good. If you want to live in a frozen tundra then you will have the pleasure of paying for the privilege.
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> With fuel costs headed nowhere but up and no end to the war in sight, even fools recognize that EVs are the smarter option.
cause charging your EV with electricity will never come from anything other can fluffy clouds... LOL
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It doesn't matter because it will still be less polluting than any ICEV on the road. Perfect is the enemy of good. You must not be very clever if you still hadn't figured that out.
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Rationing doesn't fit in the framework of capitalism. The capitalist solution is to just keep raising the price.
I will probably never buy another ICE vehicle (Score:2)
Re: I will probably never buy another ICE vehicle (Score:2)
Why did you pick an ICE if EVs are so great?
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I know it's not for everyone but having owned 40+ cars in my lifetime, I can't ever see myself going back to an ICE voluntarily. My EV does everything my previous ICE cars did... and more.
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Then you have very different EVs than I know about. A vehicle that takes 45 minutes to refuel can never do the same thing as one that takes 10 minutes. It's just too much different in time. You must have got one of the new solid state batteries that I have only read about in the news somehow.
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So it's because EVs are hard to keep charged. So why have one at all.
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I live in a place with bad infrastructure. In North America.
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Re: I will probably never buy another ICE vehicle (Score:2)
I didn't say all of North America was bad. But clearly if any area is bad then it is unfair to encourage EV use.
Funny how "free" goverment money helps (Score:1)
So what I'm reading here is countries that have subsidies are showing increased sales of EVs while countries that have phased their subsidies out have seen fewer sales. Wow just wow. Who could of possibly seen that coming? /s
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countries that have subsidies are showing increased sales of EVs
Not only that, they also have demonstrations of people demanding the countries end those fossil subsidies.
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Well, neglecting public transportation for a century comes at a steep price. It seems that price is about to manifest.
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The USA government does indeed subsidize drilling for oil. Thing is, oil is used in so many applications beyond transportation that you could really argue that the USA government is subsidizing the entire economy, since it's literally used in transportation, food, cosmetics, plastics, medicine, petrochemicals and I'm sure in more industries then I ever realize.
The Federal government also taxes us on our gasoline consumption as well. Then the state adds on additional taxes. California does this to the extrem
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You’re the kind of functionally illiterate imbecile who writes “could have” instead of “could have”.
Thanks for your contribution to the conversation. It's shit like this that we shouldn't even allow AC posts.
Missing the mark (Score:5, Interesting)
EVs offered in the USA, in my opinion, are too over priced, too costly to repair, stupidly engineered, and are too over reaching concerning privacy. An EV I would purchase: $20K-$30K, no expensive sensors embedded every where around the car, knobs and dials on the dashboard please, no connection to the mother ship unless I explicitly authorize it for a software recall upgrade/update. You know, a nice Toyota Matrix (Pontiac Vibe) style car for the average American. 0 to 60 in 6 to 8 seconds is fine, 150HP is more than enough, around 200 miles on a charge is fine. A perfect around town and to work and back car. I'll use my ICE to go on longer trips if needed. When will car manufacturers figure this out?
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An EV I would purchase: $20K-$30K, no expensive sensors embedded every where around the car, knobs and dials on the dashboard please, no connection to the mother ship unless I explicitly authorize it for a software recall upgrade/update. You know, a nice Toyota Matrix (Pontiac Vibe) style car for the average American. 0 to 60 in 6 to 8 seconds is fine, 150HP is more than enough, around 200 miles on a charge is fine. A perfect around town and to work and back car. I'll use my ICE to go on longer trips if needed. When will car manufacturers figure this out?
Dunno when American automakers will figure it out; I suspect Chinese manufacturers already have, but we're unlikely to see any of those here. In the meantime, the Slate [wired.com] might be something like what you're looking for.
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There's zero chance the slate will be under $30k. In fact it's very possible it will be as much as $50k by the time you outfit it with the features you want, such as air conditioning. I hope I'm wrong.
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"I hope I'm wrong." ... Me too. I saw the Slate not that long ago and thought, "Hey, someone gets it!" But as far as I know it's still vaporware.
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Does anyone make a fossil car that meets your requirements? The sensors are needed to get a decent safety rating, and some of them are mandatory now.
Anyway, an MG S5 might suit you. You can disable all the stuff you don't like, all the sensors and the network connectivity. It's a couple of taps to do so, basically the most you can ask for with the legal requirements in place. Price is in your bracket, does 300 miles on a charge, and charges decently fast. Quiet, comfortable, has physical knobs for important
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no expensive sensors embedded every where around the car
What has that got to do with EVs? (Looks around and sees no ICE cars for sale without expensive sensors). Unfortunately your modern car comes with modern safety features.
When will car manufacturers figure this out?
What's there to figure out? The companies are profitable right now. That's what they care about.
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Here you go. https://www.slate.auto/en [slate.auto]
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I saw an episode of Jay Leno's Garage highlight this neat little vehicle. I wish them luck and hope that it indeed hits the mark.
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and are too over reaching concerning privacy.
What do you think is subsidizing their manufacturing and operating costs?
Although I suspect this is true of new ICE vehicles as well. I'm just drawing the line at a MongoDB ad popping up in my windshield.
People will catch on. (Score:3)
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They are getting tired of yo-yo gas pricing games. We got an Ioniq 5 over 3 years ago and it's been great. With 113k miles that's $20k of gas not boughten, maybe 375 times I didn't have to stop for gas, about 17 oil changes it hasn't needed.
$20,000 of gas avoided in three years? Holy shit. In fairness, that's a wild outlier of a use case. I pretty seriously looked at an Ioniq a couple years ago, liked the car, but just couldn't get anywhere near cost parity with a gas vehicle even with a moderate use daily driver. We do about the "normal" US amount of driving, 10 thousand miles a year give or take, and the cost difference even with the EV subsidy was just way too high. I mean just back of the envelope, if you figure 24mpg fuel economy for the
W/O a subsidy, buying is falling.... (Score:2)
Meanwhile, McKinsey is telling VWG to close produc (Score:2)
And who is building all these EVs? Because McKinsey is telling VWG to close all production in germany, and VWG and Porsche (on top!) have announced continuous mass-layoffs almost monthly now.
Germany will be a masterclass for research for decades to come, how you can ruin a completely overly privileged country full of fantastic foundations that could guarantee continuous success, and somehow they managed to destroy, choke and erode it all.
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The fact that an American consulting company is telling VWG not to produce EV does not meant that VWG will do it.
Mercedes is making money on EVs.
South Korea and China continue to produce EVs and make a profit on them.
Chinese car sales down overall (Score:2)
Falling EV sales in China are misleading because EV market share has not declined. It's that all vehicle sales are down and EVs now make up a majority of the Chinese new car market.
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Israel is certainly getting their money’s worth when it comes to lobbying.
Re: This will backfire on America & Japan (Score:2)
They don't come with AC at $30k?? Pretty sure that isn't hard to find in ICE.
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I replied to the wrong comment some how.
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You can pretty much drive across all of Europe in a day (barring traffic).
LOL found the guy who clearly has never lived in Europe.
Plus, a lot of Europe, people just stay in their country
They do not. But that's beside the point. Many in the USA barely have left their state.
In the USA, we are "spread out". In the upper plains, you can sometimes drive for miles and miles between towns not to mention homes in the more rural areas.
You should visit central Spain at some point. But what has that got to do with the approximately 150million of you who live in densely packed cities?
but in rural areas not so much
Let me guess, you're the one who sees the entire voting map of America painted red and are wondering how Biden won the election right? Rural customers are a rounding error in the world of car purchases.
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Heck, it takes a couple days to drive across just Texas!
I remember the punch line to that joke. The Rhode Island farmer replies, "Yep. I used to have a pickup truck just like that."
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Whoever moderated this down is a complete victim. Good luck with that.