Mercedes-Benz reverses global EV plans to build high profit gas cars for decades
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2 ай бұрынMercedes-Benz reverses global EV plans to build high profit gas cars for decades
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@1knightinbangkok946 2 ай бұрын
It's not because profits are down, it's because sales of EVs are declining...
@williammeek4078 2 ай бұрын
Well that is a blatant lie.
2 ай бұрын
Good joke😂
@Olliebobalong 2 ай бұрын
@@williammeek4078 They are. Growth has slowed right down. At current rates of growth, itll take 100 years for everyone to drive and EV. Car sales grew car quicker than EV sales. 60k more petrol cars vs 20k more EV's in the UK for example. As gov incentives end, dont expect it to change in EVs favour anytime soon.
@williammeek4078 2 ай бұрын
@@Olliebobalong no, growth wise, it was 30% more EVs. About 5% more ICEVs. Total automotive growth was almost equal parts EV and ICEVs. This year will be different. All growth will come from EVs and ICEVs will go back to negative growth.
@kabob21 2 ай бұрын
Sales of all vehicles are down. We’re dealing with inflation, high interest and a recession
@gregnudnis387 2 ай бұрын
Did he say ‘Instead of building the cars it’s buyers want, Mercedes is instead focusing purely on it’s profits?’ 😂
@danielstefanovic2604 2 ай бұрын
Yeah people aint buying Mercedes ev’s, fosil is where to money is
@richardhardin9184 2 ай бұрын
I all comes down to GREED. They like any other Corporate Executive, they want money over people’s health and lives.
@plau2007 2 ай бұрын
EU and US companies EV problem is related to the lack of mining in US and EU. Relaying of China to do dirty work is not an option.
@mikeicee 2 ай бұрын
They building really sad gasoline cars too! My friends GLC engine failed at 60 or 70k miles
@shaungingerafro 2 ай бұрын
it's now more expensive to run as a direct replacement ie it's now 65p per KW good luck with that
@peterqpuser4127 2 ай бұрын
You almost answered your own question right at the end. Who wants to buy an EV Mk1 when the next generation is going to be SOOOO much better.
@andrewgibson4658 2 ай бұрын
And.... reason mercedes use them engines is probably because they tend to be very reliable 😂. It's not the same engine anyhow they just tinker about with it.
@rickagfoster 2 ай бұрын
Well why buy a gas car when they are immediately SOOOOO obsolete? To see how ridiculous critiques of EVs are (by gas drivers who never drove one) just try flipping the script: Be an EV driver criticizing gas cars. “You mean you have to go somewhere EVERY TIME to gas them up? Can’t do that at home while you sleep? And they emit toxic fumes and contain a whopping 80L of flammable gas liquid that vents to outside and you park that in your garage? They dirty neighbourhood houses with brake dust? They’re dirty to work on, contain complex engines with many of moving parts of tight tolerance and require all that maintenance? How much is a valve job? How much is a timing belt or timing chain or water pump replacement? Or an engine rebuild? And they’re only 25% efficient vs 70% for EV? YUCK”. Ya, KZfaq could do far worse for narratives on gas cars. Why are people such suckers?
@peterqpuser4127 2 ай бұрын
@@rickagfoster There not. A gas car has reached the end of its evolution. I would love to buy a Jaguar Ipace, so I am looking second hand at about £25,000 which is not a small about of money. But it’s a MK1 EV, only charges at 100 and has a real world range of 220 miles. In a few years EVs will all have charging at least 300 with a range of 450 miles. So at the moment I will stick with my gas car, because once these new EV’s come out the iPace will be worth nothing and I will have lost a lot of money that I can really afford. It’s the same will all current EV’s they will be worth nothing when the new ones come along., and not all of us can burn money.
@rickagfoster 2 ай бұрын
@@peterqpuser4127Friendly advice (really)... avoid the Jag at all costs. Every one of them is going back yet again for fire risk recall. They haven't sorted it out. Honestly, stick to Tesla because they are the only manufacturer who have been through the growing pains of EV production. Up front costs are not equivalent b/w EVs and gas cars, as gas cars incur way more costs after purchase. You don't finance maintenance and fuel but you can finance initial purchase, so its unfair to directly compare purchase costs. There's nothing wrong with sticking to a gas car provided you already own it. I drove two Audi's into the ground before surrendering them to a pair of Tesla's (MYP, MS LR). Best decision I ever made. Depreciation? Who cares... driving these to the end too :).
@mikeicee 2 ай бұрын
EVs emit toxic gases while charging, countries that car mitigate this but Americans can be replaced by newcomers
@graemeglass7566 2 ай бұрын
The prices of these initial EVs are eye watering for the mileage range and the charging times. Add the huge depreciation for these initial EVs it is no surprise that the early adopters are taking a breather. However we are now seeing a new tranche of EVs around the £20k-£25k price. That will stimulate the market and bring in a new tranche of buyers that couldn't afford the early models. Charging times are getting faster. Supermarkets are installing thousands of chargers. The future looks good!
@chrisfrancis6101 2 ай бұрын
Funny ... here in America we are getting hammered with Benz EV commercials... just saw one like 5 mins agonlol
@ChicagoBob123 2 ай бұрын
If I could I would buy an BMW I4. Nice car.
@bunsw2070 2 ай бұрын
The government is probably paying for them. Vote Biden. Lol
@imrytebeehyneu 2 ай бұрын
The hell is an agonlol?
@stefan2796 2 ай бұрын
They are desperate to sell EVs probably...
@JimmieBrown-sg8fq 2 ай бұрын
EVs sales growth going in the wrong direction. My local MB dealer had so many EQSs sitting in inventory had to lease a overflow lot, dealers wasn't happy with MBs EV push. There isn't any demand for the things.
@ABa-os6wm 2 ай бұрын
Get a tesla.
@imrytebeehyneu 2 ай бұрын
Get a Tesla
@oxaile4021 2 ай бұрын
Blame MB for making shitty EVs. My local dealer sold all of the BYDs they got pretty much right away after they started selling them. And now there’s a long reservation list before you can get one. Meanwhile there’s a whole bunch of unwanted VW IDs sitting in their lot. Good EVs sell, bad ones don’t. Simple as.
@imrytebeehyneu 2 ай бұрын
@@oxaile4021 which bad ones?
@flodjod 2 ай бұрын
THATS BECAUSE THEY ARE CRAP NOT BECAUSE THEY ARE EVs
@kyliefan7 2 ай бұрын
WHAT????? YOU MEAN WE can’t just add an additional $25,000 to an EV price and people just pay for it just because was ask it?????? Say it ain’t so!!
@robertcampbell6521 2 ай бұрын
Charging in 15 minutes i suspect their dreaming as the current requirements are astronomical here in Australia power lines would be swinging wildly ,then there's the heat and degradation issues with batteries Charging at Extremely high rates , batteries are batteries not capacitors
@georgeorwell7291 2 ай бұрын
But what this also shows is that the narrative "The legacy cars are not selling" is wrong. At least for Mercs
@EnriqueThiele 2 ай бұрын
I did not even know that Merc was making ev.
@oggyoggy1299 2 ай бұрын
Who’s says legacy cars are not selling? For years we’ve had to wait 12-18 months for many Toyota models to be delivered. Demand is huge.
@stevendefehr4393 2 ай бұрын
I used to own a 1979 mercury cougar
@bunsw2070 2 ай бұрын
And that proves what?
@alarjak 2 ай бұрын
They are not, inventory is full.
@so_what_else_is_new 2 ай бұрын
The greatest problem is that the energy transistion is politically forced upon us while its technically too soon and to fast. Besides that the (EU) government is taking all the advantages away for solar panels and for EV's. Most people buy a car to go from A to B, not to make the earth greener.
@user-oc5ry8pp1p 2 ай бұрын
no pipe pollution in your face everybody wants that
@eugeniehilbert3989 2 ай бұрын
Problem in EU is that gready governements are keeping average people poor! So no chance to by overpriced EVs!
@permiek 2 ай бұрын
The climate crisis would disagree that it is too soon to transition
@so_what_else_is_new 2 ай бұрын
@@permiek that is if you believe the politicians tell the truth. I don't. I believe the (suppressed) data.
@Texarmageddon 2 ай бұрын
@@permiekthen don’t use a car if you care that much. Better yet, why not attack the vehicles that contribute the most to it? It’s all fun and games till you realize how much a single cargo ship pollutes the air. So nobody wants to hear your dumb green talk. You and most people aren’t giving up air travel or your fancy gadgets that come from overseas … so why tf do I have to give up my ICE car. Kick rocks
@NikiK57 2 ай бұрын
There are many aspects of this: 1) a lot of us think about car sales from our perspective. E.g. a European is thinking in lines of emission reductions and strong policies coming fromin Brussels for going green. BUT then you have the other markets. For example lets have a quick look at the VW group (including seat, skoda, audi etc) they sold around 3mil cars in Europe in 2022 and worldwide they sold 8 mil cars in total. So even if Europe goes fully electrical, you still have huge markets abroad which will not go full electric anytime soon. You have the Middle-east, Asia, Australia, Africa, Central America, South America etc. A lot of those territories are growing markets, in a lot of them people are experiencing things that Europeans or Americans have for decades. For example when I was researching information about the car I was buying (a small hyundai hatchback), I realized that in Europe they were selling small "eco-friendly" 1.0 turbo petrol models, while in India Hyundai was selling bigger diesels in huge numbers. And this isn't going anytime soon. its naive to think that people in emerging markets are suddenly skip ICE car boom and go straight for electric. 2) The demand - there is still a huge demand for ICE cars worldwide. Some people just like the good old ICE sound, for some people current electric cars isn't a good option, for some its just too expensive, the used market for electric cars is still very small and there are quite a few things to consider when buying a used car as well. 3) The technology, the infrastructure etc - EVs are still in its early days. The ranges are still soso, the charging is and will be a problem for many. For example I have been hearing the "solid state batteries are coming and it is going to change everything" phrases for 4-5 years maybe? More? While in reality the actual batteries in cars haven't changed much over the years. From reading various sources I have a feeling that buying an EV today is a little bit like becoming a beta tester. You don't know what to expect 5 years, 10 years from now, no idea on the resale value, battery life, the repair and insurance process is still in its diapers... P.S. The European Parliament elections is this, the sentiment around Europe is that the new Parliament will be more conservative and less green, so I wouldn't bet my money on electrification of new vehicles by 2035 being a done deal as a 100% certainty.
@wertigon 2 ай бұрын
It is highly unlikely coal plants will be built in developing nations and these nations also do not want to be dependent on oil if they can afford it. So, yes, for now ICE cars still have a substantial market but anyone who thinks Tesla and the Chinese are not going to take over within the next five years, are blind. EV charging is almost a non issue already by 2030 all remaining issues will have been dealt with.MB is poised to lose 30-50% of their global revenue before 2030, awesome 😁
@drunvert 2 ай бұрын
Smart
@zes7215 Ай бұрын
wrg,idts
@kantmyls3333 2 ай бұрын
Beside Mercedes, Germany has extended industry for combustion engine they may have pressure from government to keep the job industry stable rather than change everything too
@Pimpernicholas 2 ай бұрын
Everything about jobs and not the clean air to breathe. If Tesla can do it, so can the legacies.
@kebeleteeek4227 2 ай бұрын
Conclusion: Toyota knew what Mercedes and the gang didn't know ... ie: Toyota is more visioner than others ...
@Pimpernicholas 2 ай бұрын
@@kebeleteeek4227 Toyota and the rest of the Japanese auto industry are under the control of one man, acting essentially as a dictator. The Japanese are moving out of China, the largest car market in the world. Why? Because they can't build a car for the same price as Tesla, and their ICEs can't compete with the Chinese EVs. So, Toyota is trying to resurrect the hydrogen concept, a dead end, which any grade 11 or 12 physics class could tell one that hydrogen is not viable, unless there were no other alternatives. Hydrogen is just not efficient. It would seem that Toyota is trying to get the ordinary person to think that they have some legitemacy in this venture so as to make a person think, if they tell them that they are onto something better than EVs such that the prospective new car buyer will purchase what they have to offer...ICEs. It's nothing more than a smoke screen! I think GM is using the same strategy, just a diversion, by pumping more research money into internal combustion engines. ICEs have too much friction to be anywhere near the efficiency of an electric motor. EVs will give the equivalent of 125 to 200 miles per gallon of petrol. You might get a one-cylinder scooter to give that.
@larryc1616 2 ай бұрын
Short term gain for long term collapse. Kodak = ICE
@kebeleteeek4227 2 ай бұрын
@@larryc1616 You think ICE = Kodak ..?? .. Do you think someday sea ship / heavy tarnsport train / airplane / heavy trucks / military tanks/vehicle ..etc .. will be electric ..??? ... LOLLLLL....
@lnfinite27 2 ай бұрын
Toyoda was right! 😮
@softwarephil1709 2 ай бұрын
Toyota leads with hybrids. Toyota stock was up 69% last year. Tesla stock was down 3%.
@erik5820 2 ай бұрын
Nope - tesla stock proze almost exactly doubled. From $123 end dec 2022 to $248 end dec 2023.
@TomTom-dy6qr 2 ай бұрын
Over the last 5 years Toyota stock is up 162% and Tesla stock is up 877% 😊
@TheEvilmooseofdoom 2 ай бұрын
@@erik5820 That's not the fantasy he want to be true.
@softwarephil1709 2 ай бұрын
@@TomTom-dy6qr Yes, that's because early-adopters jumped on EVs. But interest had cooled, and it looks like EV sales in USA this year will be flat at best. People who can't charge at home see hybrids as a much better option than battery EVs.
@softwarephil1709 2 ай бұрын
@@erik5820 Tesla stock Feb 20, 2023 = $197.79 Tesla stock Feb 23, 2024 = $191.97 Toyota stock Feb 20, 2023 = $136.05 Toyota stock Feb 23, 2024 = $235.00 Tesla had a great growth run; I made 1,200% profit on my Tesla investment. But I saw the trend change in 2023, so I sold Tesla and bought Toyota. Appetite for EVs in USA has flatlined. People realize if you can't charge at home or if you need to drive long distances, hybrids are a better choice than battery electric.
@peter1981x 2 ай бұрын
People don't understand that EVs are not for everyone... Plus they should cancel all the subversions for EV cars produced out of the EU.
@EnriqueThiele 2 ай бұрын
There are none for the manufacturing of ev outside the US. Evn manufactured in the US do not get full credits due to China components.
@christianjack1250 2 ай бұрын
EV is for everyone. If you want to use petrol in ev. petrol should be used to generate power.
@peter1981x 2 ай бұрын
@@EnriqueThiele In some EU countries (not the smartest ones) they put 6.000€ , subversions in a car from China. So dealers can sell cars for 18.000€ instead of the normal price of 12.000€. If a car is sold in China for 9.000€, why in the EU the price is 18.000€?
@albinklein7680 2 ай бұрын
A lot of comments say "when gas prices double, everybody will switch to EVs. As a European I am amused by that statement. Where I live, gas is about $10/gallon. And everybody drives ICE cars....
@fmsantoscar 2 ай бұрын
Where do you live, Utopia? 😂 Not only gas prices are through the roof in Europe, the governments are taxing ICE ownership plus driving ICE cars into city centres is almost impossible
@albinklein7680 2 ай бұрын
@@fmsantoscarnobody gives a sh*t. Everybody keeps driving ICE cars. Electric cars are just too expensive.
@fmsantoscar 2 ай бұрын
@@albinklein7680 so you assume that you were lying right out? You probably don’t even live in Europe 😂
@albinklein7680 2 ай бұрын
@@fmsantoscarwhat is that supposed to mean? Just look at the numbers! 98% of the cars on German roads are still ICE!
@eugeniehilbert3989 2 ай бұрын
Current Gas price in Germany ist 1,75 €/litre --> 7$/Gallon. Current electricity price is 40 Cents/kWh. Average EV price is >50.000€. People earn net approx. 2.000€ per month on average, retired people get 1.200€ on average. How the hell shall that work??? You can't outsmart mathematics with ideology!!!
@bfmarx 2 ай бұрын
You embarrassed yet dude?
@grahammcgrath6453 2 ай бұрын
I think you are not looking at all the data from the manufacturers losing millions from building EV’s. If they go out of business then we have nothing. No profit no business.
@lawrenceasero2207 2 ай бұрын
I am all in on EV’s. Have two and no ice cars. But not everyone can afford or has charging available. Sam doesn’t own an EV. Right now used EV prices are crashing. Tesla now offers used EV’s that qualify for the US $4k rebate. A base M3 RWD with 45k-50k miles can be gotten for $19k after point of sale rebate right from Tesla. Mercedes knows what they are doing. A dual strategy is smart right now.
@EnriqueThiele 2 ай бұрын
They will never have the time to change their course on time. This is the starting of the steep part of the "S" curve. After 2024 it will be too late to restart the ev manufacturing on a high volume basis.
@baronvonjo1929 2 ай бұрын
There is also the matter of many cars getting older and older. At least here in the US, the public car fleet is the oldest it has ever been. There are plenty of 15, 20, 25 year old cars still going on the streets. Many people simply cannot afford a new car. I think a major issue in the future will be ICE cars and EVs gimmicks and electrical failing. EVs will basically be worthless but need thousands in reapirs for a new battery. What are people suppose to do in the future. Here in the US you cannot participate in society without a private car. For this reason aline I fail to see why EVs should be our only future. Until batteries last 30 years without any degradation EVs cannot truely be a option for us Americans at least. We aren't rich enough.
@bunsw2070 2 ай бұрын
Even if we had infinite free batteries EVs still wouldn't make sense. In that imaginary scenario we'd still be faced with them wasting too much energy (hauling a heavy battery around using electricity - it took a lot of wasted energy to deliver that electricity), the mineral resources cannot be mined affordably and, they're dangerous (the higher the energy density stored in them the more dangerous they get). That's death to EVs right there. Plus, we need range in places like North America that EVs will never provide. The fact is gasoline is the ideal fuel for cars. If we don't burn it in our cars we'll have to flare it anyway. 35% of all crude oil is gasoline fractions. And global warming is nonsense. The world has been cooling for the last 18 years.
@imrytebeehyneu 2 ай бұрын
@@baronvonjo1929not rich enough? But you could rent a Mercedes or a lexus, right?
@imrytebeehyneu 2 ай бұрын
@@bunsw2070what would happen if we ran out of oil? You gonna beg Saudi or Canada for that?
@mnhsty 2 ай бұрын
They’re screwed if they go electric and screwed if they don’t.
@larryc1616 2 ай бұрын
Kodak
@Pattern-Recognition 2 ай бұрын
Sam has turned into an ideologue. Which is really unfortunate. He is so blind by now, that he refuses to see or to acknowledge the key reason for the shift: Consumer demand is not holding up. The shift towards EV will be slower than hoped for / expected.
@douglaswatt1582 2 ай бұрын
Good God, you've absorbed all the anti-EV talking points so nicely. High interest rates plus non-competitive vehicles outside of a few manufacturers (pretty much just Tesla and the Chinese) has meant that the legacy automakers mostly can't sell their EVs. Get educated. Even the ones that are selling like BMW and Mercedes are selling at a loss. So they are not motivated to ramp up production or sales.
@TomTom-dy6qr 2 ай бұрын
@@douglaswatt1582 plus both VW and Toyota have $billions of debt whilst Ford are losing up to $38,000 per EV sale 🤯
@douglaswatt1582 2 ай бұрын
@@jprt3270 it's a stopgap measure at best and actually in a lot of places including Europe and China the demand for hybrids has already started to turn down. The US is simply behind everybody else cuz we have way more b******* and cheaper fossil fuels. And hybrids are actually the most fire prone of all the vehicle types, way more than bev's, and actually on par with the worst of diesel and gasoline vehicles. So don't celebrate just yet
@lawrenceasero2207 2 ай бұрын
Sam doesn’t own an EV. I own two. I should have a channel.😂 He says things that show he is clueless about living with an EV.
@user-oc5ry8pp1p 2 ай бұрын
here's my EV. lol I have a Xpeng G6 755km range(wltd is 620ish)... fast quiet smooth, heated seats/steering wheel, preheat heat/cool car from phone a minute later is all warm/cool a must need in winter/summer, self park/drive, phone control... and I think your Tesla lacks: surround smart voice command(no need to say hi rear passenger say open window his window opens... and wifi. drove 5000km cost was 1 tank of gas n minus endless maintenance costs..... never going back to ice luv me some cosy warm seats n steering wheel in zero degree winter n fast smooth quiet
@X2X011 2 ай бұрын
Simple Sam is back 😆. He is baffled by a for profit company needs to make profit to continue functioning 😱.
@douglaswatt1582 2 ай бұрын
Clueless trolling is back
@EnriqueThiele 2 ай бұрын
If they not invest in the future, then, there is no future for them.
@TomTom-dy6qr 2 ай бұрын
Both VW and Toyota have $billions of debts. What profit 🧐
@mrsaipros338 2 ай бұрын
Toyota was the most profitable auto manufacturer in 2023 at 30 billion. The Cope is strong with some. EVs = Sony Betamax
@NonConformist-ys4wr 2 ай бұрын
@@douglaswatt1582simple sam ... 😂 lmao....
@marklipschitz7476 2 ай бұрын
I understand Sam believes that ICE cars create carcinogens, Has there been a safety study to see how safe the EMF radiation caused by electric motors, sitting on a huge battery, displays, cars Wi-Fi connectivity?
@cbcdesign001 2 ай бұрын
You have no worries on that score, there is no harmful radiation from any of these technologies, NONE.
@Olliebobalong 2 ай бұрын
@@cbcdesign001 actually, the frequency EV motors operate at could in theory cause more earthquakes, due to micro vibrations. More research is being done right now.
@kerravon4893 2 ай бұрын
Likely they realize as do Toyota & other legacy autos that a lot of money is made in servicing/spares. Going full EV cuts off the service/spares revenue stream since EVs only need tyres, cabin filters & eventually brake pads & shocks.
@andreasl4507 2 ай бұрын
Facts
@larryc1616 2 ай бұрын
So what? Great for consumers!
@GORT70 2 ай бұрын
I had no idea they were even thinking that. It’s NOWHERE ready for this!
@lrg3834 2 ай бұрын
Battery chemistry needs to change. It’s still too expensive at the moment. Perhaps the sodium-ion counterpart at scale will resolve the issue.
@williammeek4078 2 ай бұрын
No, batteries are already cheap enough to make even though they are getting cheaper. It is demand that is keeping battery prices high. But production is slowly closing the gap. Battery production will be up another 50% this year.
@shaungingerafro 2 ай бұрын
good luck with that dragons den visit 😢
@larryc1616 2 ай бұрын
Sodium will be next especially for large commercial and private storage.
@Sacto1654 2 ай бұрын
I think what Mercedes-Benz may be doing is building models based on a new EV platform they recently announced. The means we may see M-B concentrate on something in the same class as the GLB crossover and C-Class sedan/coupe first (which is actually a smart move because of the imposition of operating fees for larger vehicles in the major cities across Europe).
@PlaylistWatching1234 2 ай бұрын
@@beegdawg007this news story is just Mercedes saying they can't compete with Tesla.
@alexandermelbaus2351 2 ай бұрын
@@PlaylistWatching1234Tesla may be able to build or acquire the electric drive train, batteries and chassis cheaper, but Mercedes can build far better and obtain a higher price from a loyal customer base. Tesla is not in the league of Mercede's, BMW or Audi.
@enso3140 2 ай бұрын
7:00 "would you want one to with a 2 liter turbocharged engine that is the same in their cars 20-30 years ago" to be honest thats why hardcore EV supporters are viewed as a joke from most people inside and outside the industry that actually know something about cars ICE has evolved just as much as evs in the recent decades and are becoming ridiculously efficient and thats why companies with decades of experience like mercedes and toyota are becoming increasingly relutant to an full EV switch not to mention the fact that there simply isnt even feasible to have a supply chain somewhere close to whats necessary for all cars to be eletric and the multiple researches proving that hybrids are in fact the better alternative for the environment and longevity of cars.
@imrytebeehyneu 2 ай бұрын
And yet, I saw a Tesla pass by. And a Porsche Taycon, a Rivian R1T, a Cybertruck, a Mach- E, a...
@diamondpolish 2 ай бұрын
Sir.. With all due respect u just threw the “hybrid” word like it’s a magical fix. U simply don’t understand EVs fully nor do u understand hybrids in its details. Once u so I’m pretty sure u will change ur mind. I was very serious buying hybrid a year ago.. but instead I bought a tesla and I couldn’t be happier, yes I agree not all can buy or have charging for them but that will happen gradually but most suburban fans do and can. I always was under the impression that hybrid is the best of both worlds when in reality it’s worst of both worlds. Heavier Smaller battery More expensive And the list goes on .. And let’s not forget no one is really going to drive it on limp mode electric only as that’s a joke..
@imrytebeehyneu 2 ай бұрын
@@diamondpolish is the chevy bolt still around?
@diamondpolish 2 ай бұрын
What’s the Chevy bolt got to do with this ?? 😂
@user-oc5ry8pp1p 2 ай бұрын
I have a Xpeng G6 755km range(wltd is 620ish)... fast quiet smooth, heated seats/steering wheel, preheat heat/cool car from phone a minute later is all warm/cool a must need in winter/summer, self park/drive, phone control... and I think your Tesla lacks: surround smart voice command(no need to say hi rear passenger say open window his window opens... and wifi. drove 5000km cost was 1 tank of gas n minus endless maintenance costs..... never going back to ice luv me some cosy warm seats n steering wheel in zero degree winter.
@erikberg1623 2 ай бұрын
Demand for EVs in the US is dropping like a stone. Compared to ICE vehicles, EVs are a drop in the bucket in sales. The US is a very large country, and the charging infrastructure is just not here. Our electric grid will not even come close to supporting the need to support the mandated shift to EVs. Additionally, most of the US is rural. I live in New Mexico and I bought a Subaru instead of a Model Y due to the lack of charging infrastructure and the long distances that we drive.
@jb5music 2 ай бұрын
Bot propaganda squawkery Not even a real person
@tigheiramo-baker8156 2 ай бұрын
Is demand for electric vehicles (EVs) slowing in the United States? The short answer is no. Light-duty EV sales data from the Alliance for Automotive Innovation shows continued and significant growth in the United States from 2021 through the third quarter of 2023. Figure 1 illustrates the increase in quarterly sales (bars, left axis) and EV sales shares (red line, right axis). EV sales increased from about 125,000 in Q1 2021 to 185,000 in Q4 2021 and from about 300,000 in Q1 2023 to 375,000 in Q3 2023. The year 2023 also marked the first time annual U.S. EV sales surpassed 1 million, and this was achieved by Q3; sales through the first three quarters of 2023 were about 58% higher than the same period in 2022. So who is right? Who is wrong?
@flodjod 2 ай бұрын
wrong ev sales are up 43% for year ending 2023
@fmsantoscar 2 ай бұрын
It’s not as if there’s a rush for ICE car purchase either. With the high interest rates and a looming recession nobody buys cars of ANY KIND!
@eugeniehilbert3989 2 ай бұрын
Exactly thats the point. And If western governements keep on being warmongers some day we will drive bycicles again and can't afford driving cars again for the next 40 years!!
@mysteriouse5891 2 ай бұрын
I was going to say something about why I think this is all happening. And if I did I would get lit up, called every name under the sun, and I just don't have the time or energy for that. 😒
@eugeniehilbert3989 2 ай бұрын
You made me curious...
@DC.409 2 ай бұрын
JLR has done the same moving to manufacturing more PHEV and slowing the transition. The Automobile Manufacturing industry originally predicted 2040 when infrastructure and vehicle EV design progression would have address every issue. In December 2023, UK EV sales fell 34%, while diesel car sales actually rose 12%, briefly interrupting a decline that began back in 2016 the biggest issue is the infrastructure is behind installation and Musk dropping prices undermining the long term commercial strategy for short term gain. Mercedes now appears to be moving to a Toyota strategy, which is ironic has their revenue was identical to tesla’s last year, on a significant lower capitalisation whilst delivering a FSD to a higher standard whilst increasing their prices a situation not totally lost to the markets. Speculators are notably moving from Tesla to Eli Lilly with a market capitalisation of $600 billion. Mercedes has 19 EV PHEV models this is before considering that Daimler Trucks Division the largest manufacturer in the world, have numerous EV Trucks Buses and long range hydrogen Trucks immediately available, sooner or later the penny will drop on Wall Street.
@bigKARTOFFEL- 2 ай бұрын
it costs a lot of money to build out the ev infrastructure needed so its kinda necessary to keep raking in ICE money in order to catch up to the chinese that have alot of cost advantages because of their longterm efforts
@garyrooksby 2 ай бұрын
Catch up by slowing down? How?
@hayden1770 2 ай бұрын
@@garyrooksby I know, right? 🤣🤣🤣
@Sacto1654 2 ай бұрын
That's if the Chinese can export their vehicles to certain critical markets. That's why BYD is building factories in Mexico and Hungary and bought the former Ford factories in Brazil to avoid (or minimize) those severe excise taxes.
@softwarephil1709 2 ай бұрын
BYD is doing great in China and elsewhere. But 50% of BYD vehicles sales are hybrids.
@softwarephil1709 2 ай бұрын
@@beegdawg007 So instead of an internal combustion engine burning gasoline, an EV is an external combustion engine burning coal.
@itisyouthatiadore 2 ай бұрын
People are not stupid, they are just waiting for cheaper and better tech, like most things in electronics
@rogerhall559 2 ай бұрын
In China . .no EV's on ferries. Humm.
@Harrythehun 2 ай бұрын
Hybrids?
@molnet_se 2 ай бұрын
Still believe in fairytales?
@asommer518 2 ай бұрын
LOL not true, what is true is fact in major cities in China ICE cars almost completely banned or very expensive to own and operate.
@mrsaipros338 2 ай бұрын
That because the CCP is banning registrations on ICE vehicles now. So they can prohibit their citizens from traveling by locking EVs in by Geofencing them. EVs are a Tyrants wet dream.
@archiefleming652 2 ай бұрын
The vast majority of car buyers dont want EVs, it is not just the price but the usability doesn't fit in with their needs. In Australia with our gibber strewn rutted dirt rural roads you would be forever damaging batteries
@EnriqueThiele 2 ай бұрын
EV cars are a hot sale item in Australia. Where do you live. Australia is also close th become the capital of renewable energy (Ignore Costra Rica, and Norway that use water flow to generate power).
@archiefleming652 2 ай бұрын
I@EnriqueThiele i live in Queensland , how would you like an EV in bushfires or floods or cyclones when all the power poles are dowm. I think renewables are an unreliable scam, we should have nuclear energy.
@user-oc5ry8pp1p 2 ай бұрын
power down u wouldn't be able to pump gas too here's my EV I have a Xpeng G6 755km range(wltd is 620ish)... fast quiet smooth, heated seats/steering wheel, preheat heat/cool car from phone a minute later is all warm/cool a must need in winter/summer, self park/drive, phone control... and I think your Tesla lacks: surround smart voice command(no need to say hi rear passenger say open window his window opens... and wifi. drove 5000km cost was 1 tank of gas n minus endless maintenance costs..... never going back to ice luv me some cosy warm seats n steering wheel in zero degree winter
@archiefleming652 2 ай бұрын
@user-oc5ry8pp1p I can keep drums of fuel in the shed or carry cans in the boot. When young I had a car that had none of that, not even a radio, we learned to drive, it did 100 kph in first gear, cruised at 230 & was fun to drive, it was cheap on fuel. It was a Lotus Elite.
@jonreedy467 Күн бұрын
Can I get a hell yes! Several AMG cars later I’m still an MB collector/buyer and will continue to do so as long as there are combustion AMG engines. Smart move MB!
@vanmore5124 2 ай бұрын
It's not just the battery that used owners worry about it's all the tech, especially the software. Who wants astronomical bills and to have the car taking weeks to fix rather than days?
@jsanders100 2 ай бұрын
Many modern ice cars are written off with software issues. I’ve had 2 where this has happened
@vanmore5124 2 ай бұрын
That's terrible. What a waste.@@jsanders100
@pentoo988 2 ай бұрын
“The reason is not demand its profit”. It’s obviously both. EV sales rates have slowed significantly in the last year because while EVs will someday in the near future be equivalent to ICE vehicle’s they aren’t yet. I drive long trips in the highway and no way do I want to stop for 30 minutes to recharge vs 5 minutes to fuel up, most people don’t have home chargers and I love that when my ICE car says 500 miles range when I leave the house it means it rather then watching my EV range drop as I drive in single digit freezing weather down the highway. It’s all about the energy storage, people. As I look at all the cars lining the streets in my city, some double parked I realize we are a long way away from being able to charge all these if they were EV’s and that is what MB has realized too and that is also why EV demand is falling. Also, a public company has to meet profit expectations. Sam doesn’t understand the pressure to do this and MB had wisely decided to face reality and not commit its whole manufacturing process to EV’s until they improve their process to drive costs down technology and improve the tech.
@Victic005 2 ай бұрын
I thought they made a lot of EV in the background and not making it known.
@EnriqueThiele 2 ай бұрын
12% is almost 1 out of 8. For me that is a lot, and believe MB was out of the water. A shame they pull back. They will go into deep water prety soon.
@peterbland7227 2 ай бұрын
I believe the market for luxury cars is limited, regardless of drivetrain. Thus luxury EVs have only so many buyers. Additionally, vehicle makers that don’t have access to a reliable, plentiful charging network will have limited market, at least in the US. .
@oggyoggy1299 2 ай бұрын
The market for any segment is limited.
@peterbland7227 2 ай бұрын
@@oggyoggy1299 Okay. Extremely limited.
@georgethedifferent5703 2 ай бұрын
I don't think Kodak comparison is right, because digital imaging has immediately cut costs. Digital cameras were expensive comparing to film but then, starting from day two, owning them cost literally zero. EVs are expensive to buy and to own, unless you're lucky to have your own driveway and your daily commute is comfortably within the battery range.
@grahamf695 2 ай бұрын
According to UK government statistics, 94% of car and van journeys in the UK are under 25 miles and 99% are under 100 miles. Most modern EVs have a range of over 200 miles and many have a range of around 300 or more miles. 74% of car owners have off-road parking. Granted some may live in flats that do not have charging facilities, but it's still a huge number. EVs are cheaper to own than ICE cars, because they require less maintenance. With cheap rate home electricity at 7.5p per kWh, the electricity to drive an EV costs only 2p per mile. On public chargers, it is around 20p per mile, but most EV owners don't need to use them. I have driven 5,000 miles in the last 6 months and only used a public charger once in that time.
@baronvonjo1929 2 ай бұрын
I get your point but there is very little reason to think EVs will get crazy cheap. Everything has gotten more expensive but worse in quality. ICE cars for example have been around for over 100 years they did start off crazy expensive, but then were more affordable. But now they are extremely unaffordable. The same logic applies in so many areas as well. Push button keys are still hundred of dollars to replace. LED lights require the entire unit to be replaced instead of just a bulb. Every day appliances are more expensive than ever yet last much less. Homes are also more expensive than ever despite incredible cost cutting. I think EVs will get to the point of matching ICE cars or even undercutting but the moment EVs are the only thing left they will just raise prices to make more profits while making worse products. Technology might get cheaper, but it always begins to rise. Be it in initial cost or the lifetime ownership costs. Everything in life gets more expensive but worse. Everything.
@EnriqueThiele 2 ай бұрын
Last year (2023) Hyundai/ Kia offered ev at thousands less than the averrage US acr 0f $48,000 without any federal credits. Tesla offered 3 models with the credits. This year the price of batteries will drop another 50% on top of the 30% reduction last year. So ICE cars will become more and more expensive during the next 4 years. Us manufacturers have excess capacity and they are running at 60% capacity. Since fized cost are the same, the car cost of manufacture goes up. Legacy automakers will never be able to compete in the ev bussines since their 2024 ev goals were drasticaly reduced. Remember Tesla lost money for about ten years. Neither Fortd, GM, MB, and others are willing to do tat, and they do not have 10 years , maybe 4 before ev sales are more than 50%. Lat year in the US market share grew 53%. Assuma 40% for 2024 . That will make more than 1.54 millions sold during 2024, each one of them represents a reduction in manufacturing for ICE car manufacturers.
@RandyP-jr1ek 2 ай бұрын
The outlook for ice car manufacturers is actually worse than that for two other reasons. EV’s can be updated via software to keep them relevant for years longer than ice cars. Two, maintenance while high right now for EV’s will fall as technicians become trained and parts are more available, but battery replacement costs will continue to fall as well, so used EV’s will become more desirable; at the same time solar power is also becoming much cheaper, while gas prices will remain stubbornly high for the foreseeable future - this is a perfect storm against Ice cars making it past 2035. Mercedes should stop and think about strategic positioning and spend a lot of their free cash flow into EV R&D and stop paying dividends that cannot last. I will be selling all my Mercedes’ stock in the very near future if they do not reverse course. It’s just so obvious what they need to do - bit the bulllet and survive - the Chinese will not wait and you cannot rely on protective tariffs!
@douglaswatt1582 2 ай бұрын
Obviously, you speak from ignorance rather than from experience. I'd wager my mortgage you don't own an EV and probably have never driven one. Like a lot of ignorant people, you think you know something without any basis in fact or experience. We've had two EVS for 5 years they are incredibly cheap to own and operate far cheaper than even the previous Honda and Toyota that we had. And frankly overall way more convenient even though it takes someone longer to charge on the road than to refuel. But since we never have to go to gas stations, we actually save quite a bit of time. And there is the notion that EVS are simply too expensive to purchase. Currently the model 3 Highland base model, which is an amazing car, costs with incentives in the United States just over $30,000. That's almost $20,000 less than the price of the average new vehicle. Bottom line, you have no idea what you're talking about. Like a lot of the clueless trolls that regularly harass this channel.
@johnbev2336 2 ай бұрын
In the uk petrol/diesel will stop the sale of new car.
@y.yalcin5143 2 ай бұрын
Its all about energy density my friend...energy density
@thejamaican67 2 ай бұрын
I think the reality of electric vehicles is not the vehicles themselves but the infrastructure. It’s the elephant in the room. Reading some of the comments it’s making, It seem that people don’t want to use electric vehicles.I don’t think that’s fair There’s simply insufficient infrastructure.
@Observer168 2 ай бұрын
Electreon makes a wireless charging system for electric cars.
@oggyoggy1299 2 ай бұрын
And people don’t want to use them.
@Observer168 2 ай бұрын
@@jprt3270 it’s built into the road. Cars change automatically when they drive on the road. It’s like power lines but they are built into the road.
@jeffl4810 2 ай бұрын
What infrastructure issues? Grids : - EV's on average use about 6kWh per day (37 miles/60 km driven per day). The average household uses 50-250 kWh per day (very climate dependent). Yes, there may be some localized issues, especially with fast charging, but that'll get upgraded as needed. An EV on avg uses about the same electricity as a drying a load of clothes in a clothes dryer per day. - Generation capacity: petroleum extraction, transport, refinement, distribution, dispensing etc consumes *2kWh per liter*. And, that might be a conservative number, when everything is accounted for. Those same kWh sent to an EV, will generally take the EV further then the liter of gas would. And without the petroleum. So we don't have a gerneration capacity issue. Renewables are rapidly adding and replacing current traditional geration capacity. It's not only much cheaper to install renewables vs large thermal power plants (typ $1-5 BILLION per GW of capacity), they also have no ever-continuing fuel input costs (1,100 lbs /500kg coal per every MWh generated...), along with minimal maintenance. Its so cheap, that over installing solar capacity, for covering crappy low-output weather is a solution. Add in wind, with hydro, which is rapid deployment to load changes, pumped hydro for stoage, and a multitude of grid scale batteries that are now in use, and their capacity is being rapidly increased. Larger infrastructure projects can add even more redundancy such as HVDC transmission, that can send energy thousands of miles/km, which can be useful if areas are suspect to energy "droughts" Renewables also strengthen the grid, as they are distributed in most cases, vs central power plants. End of life: - Recycling plants are already in existence. An EV is almost entirely recyclable! The battery minerals are around 98% recoverable, and the rest of the materials are recyclable through standard means like how ICE cars are recycled. So even the arguments about mining for EV's, once a car is made, the minerals/materials are essentially reusable indefinitely. Oil. Not so much... NOTE: EV's DO NOT consume 10-20 *times* their weight in unrecoverable petroleum as is with the typical ICE vehicle over its lifetime. Charging stations: - This would be an area of concern for some areas. However, this is rapidly changing. With the charging standard now being the Tesla NACS standard, there will be much less problems finding compatable chargers going forward. And the Tesla chargers are popping up everywhere, and are generally quite reliable. Charging plugs are being mandated in new parking stalls, and in new homes. Retrofitting is also being encouraged/mandated. EV's require very little else. Maintenance is very little. Mostly reduced to tires and the odd parts needing replacement. There will be some need for technicians that can work on the high voltage system and batteries, but that will come, as ICE mechanics get displaced, and in some areas, is already happening with shops specializing in EV's.
@bunsw2070 2 ай бұрын
Batteries aren't recyclable. Stop listening to the government. They can only recover a small portion of the target elements and they do that at tremendous cost in power, chemicals, water and waste generation. You guys are living in a fantasy.
@eddieair23 2 ай бұрын
I believe that the upcoming presidential election in the US is going to have a major impact on the future of EVs in America…
@williammeek4078 2 ай бұрын
Unlikely. EV sales are being driven by market forces now. I believe we shouldn’t have extended the incentives and just let the market take over.
@larryc1616 2 ай бұрын
Tesla will continue to sell out even without rebates now.
@rhino127 2 ай бұрын
ICE industrial infrastructure is optimized, so it isn't surprising that manufacturers are retrenching onto core business. EV should be cheaper to manufacture so it is clearly a big industrial mistake
@larryc1616 2 ай бұрын
They can't make EV's cheap because they don't have the EV infrastructure. ICE and EV infrastructure are totally different.
@kiwiwifi 2 ай бұрын
In sales parlance, this phenomenon is called cannibalism
@maxdoble61 3 күн бұрын
Mercedes bought YASA, an innovative British electric car motor company, that was developing motors for other manufacturers. Seems to me they bought out the competition, then changed tack. A combination of a YASA motor, solid state batteries and a dedicated platform, combined with a cost reduction could bring EVs to a wider market.
@brucemacaulay4331 2 ай бұрын
We lease a EQB, it's a great car, I'm sure when the lease ends in 3 years an even better one will be available. Did we go to early, certainly not.
@mitchelloglesby 2 ай бұрын
Hey Viking! SMART BATTERIES What are those and why don't we hear about them. I remember when it was big that laptops and stuff wouldn't loose a charge by degradation if you left it plugged in. Let me know!
@davidboskett5581 2 ай бұрын
Car companies are in the business to make a profit so why expect them to build low profit (or no profit) vehicles .The market for ICE cars is not going to disappear quickly. These OEM's can easily ramp up production of EV's when demand improves and everyone knows with the battery costs becoming cheaper every year the day will come when the demand for ICE cars ends just like the situation in Norway
@EnriqueThiele 2 ай бұрын
No , they will never be able to ramp up ev production. The software they have today is not impresive. A couple of years from now, that software will be obsolete. They will not invest on software when the production is reduced. Supply lines for battery technology will be broken, and when they want to restart the prices they will get will not be competitive. Neither Tesla or China will wait for them.
@TomTom-dy6qr 2 ай бұрын
@@EnriqueThiele Agree. Then we must take into account the massive debt for Toyota and the VW group 🫤
@asommer518 2 ай бұрын
The peek of ICE car production was 2017 and dropping about 5% per year as a measure of market share. The rate of EV adoption varies greatly by country and region. One can not make a generalized assumptions
@Ruzhki 2 ай бұрын
I dont really understand why anyone would want a petrolcar that have a third of the performance for same price for everyday use.
@bigKARTOFFEL- 2 ай бұрын
@@TomTom-dy6qr VW debt IS Not that huge Most of it is their bank giving Out loans to buy the Cars so they earn Money on those
@flyboyflash3184 2 ай бұрын
One you drive an EV; smooth operation, low maintenance, charging at home vs filthy gas stations, cleaner air for all, it would be difficult to return to ICE vehicles.
@albinklein7680 2 ай бұрын
I just have no use for an EV. It doesn't match my needs at all.
@eugeniehilbert3989 2 ай бұрын
@@albinklein7680Yep. Range way too low!
@rilwicc5002 2 ай бұрын
They saw the company hittin bankruptcy 😂
@bardtamirbardtamir9692 2 ай бұрын
Anything about the huge unsold ev sitting on dealerships lots?
@MarkFreemam1957 2 ай бұрын
Seems a reasonable approach…..until they get a better ev offering
@garywilde6171 2 ай бұрын
I'm sure horse and cart traders used to make more profit than the would on ICE vehicles 100 years ago. Sticking with outdated technology is never a good idea.
@ScrewThisFakeWorld Ай бұрын
EU officially approved of a research that states EV‘s to be evironmentally more damaging than a modern combustion engine - thus making Germany to ditch their EV effort (long story short).
@dtengineering1 2 ай бұрын
Hertz, with their buying power and domination in the hire car industry cannot make EV's viable for their business. They have recently cancelled two massive contracts with Tesla and Polster. EV's are a failure. Just my opinion based on facts.
@jamesthompson7282 2 ай бұрын
Good vid Sam. Hope you're recovering well - ditto for your spouse. Not a surprise that Mercedes Benz are doubling down on ICE vehicles: they've capitulating to China on EVs, has announced (4th Q 2023) that all EV development & production will be outsourced to its Chinese 'partners'. So what's left? - ICE. But it's spitting in the wind. Consumers clearly want EVs: Tesla has zero problem with demand. The EU has mandated an end to ICE sales in 2035, but Brussels is debating moving the deadline up to 2030 to match UK. The deadline in Norway is 2025. This is short-term thinking, hoping hybrids will buy them time and sales to consumers who are looking more & more askance at ICE vehicles.
@erikowen2001 2 ай бұрын
Well, Where to start.... first the best gas car I owned was a late 80s 300TE, And the worst were the last three Mercedes. The 135k AMGCL55 That had 60k of repairs in the first three years that were covered under warrenty. I sold it for 24k at 34,0000 miles for a loss of 110k. The late 90s 300TE that burned a quart of oil every 300 miles at 60k on the clock or the 2013 MLK blue tech whos engine needed replacement at 110k after flawless dealer maintenence. So the last seven years it's been Teslas. No disappointments! Best owner experience by 100 times.There are NO INFRASTRUCTURE PROBLEMS! Drive anywhere anytime... Atlanta to Santa Fe 26 hours 1300 mile two drivers in their 60s and auto pilot. RIP ICE.
@eugeniehilbert3989 2 ай бұрын
How could you buy so many expensive cars and bear such losses in just few years?? Are you one of these dumb rich ruys who don't know how to treat and maintain a car? I always drove my cars for 20 years. Golf 2, Mazda 323, Chrysler Voyager, Golf 5 plus now a Ford RV. I never had big troubles in 40 years. This is what I call sustainability. You just give me the impression Teslas are made for technically not educated idiots.
@TimeTraveller60 2 ай бұрын
I guess when the time comes, Benz will most likely go quietly into the night and disappear come 2030 due to a confused business model.
@kiwiwifi 2 ай бұрын
The revised numbers are simply forecast. The market will decide.
@r.a.monigold9789 2 ай бұрын
So long, Mercedes-Benz its been good ta know ya...
@nevadaxtube 2 ай бұрын
Mass production and adoption of EV's is almost directly related to the cost of batteries. High battery costs make EV's relatively expensive and unprofitable for manufacturers. However, battery research and development is moving forward rapidly. New battery tech will change the equation dramatically for cost and profitability. In less than five years, because of new batteries, the entire EV industry will be revolutionized. People will look back at early 2024 and laugh at how the skeptical critics and car companies got it so wrong.
@daleviker5884 2 ай бұрын
You mean like how people in 2024 are looking back and laughing at how badly the ecozealots got it wrong with predictions of where we'd be in 2024? EVs are largely being sold to government fleets that get no choice, consumers bribed by large tax incentives, and ecozealots who think they are saving the planet. There's just not a large cohort of "ordinary Joes" in the buying bench.
@YS-cs8yq 2 ай бұрын
If you are CEO of a car company and you have a 5 year contract, all you think about is making money in that 5 year period. You do not think about 10 years time. Mercedes makes money on ICE cars, if they pushed EV's they would make less money.
@daleviker5884 2 ай бұрын
Which is why companies also have boards whose tenure can be twenty years and more. Nice try, but fail.
@Jaw0lf 2 ай бұрын
Unfortunately it is the car companies charging massive prices for the EV's over their ICE equivalents. Those that have committed to EV's seem to make a profit and sell cheaper well made cars. Those companies see the EV as fantastic and can't make enough. Those charging way above, people are choosing the ICE and saving a lot of money. When brand loyalty stops holding customers and they see for less money they can have an EV from another brand and it is just as good, they will then stop buying the expensive ICE versions. Also as more and more EV's are seen driving around those that were not sure about swapping will have more likelihood in doing so.
@Ahda108 2 ай бұрын
China says we give u evs n hybrids...both equally kickassess.
@mikeolly67 2 ай бұрын
New registrations of EVs don’t show the real picture. Manufacturers pre register to boost their figures, problem then is it’s classed as a used car and Here in the U.K. over 75% of new EV are sold to fleet because of tax concessions, that option isn’t available on a pre reg one, so now cheap lease deals have started on EVs , the money generated over the 2 or 3 year lease won’t cover the depreciation, so it’s easy to see that manufacturers are beginning to blow their brains out losing . When these lease deals end and the cars filter into the market, the residuals will tank even further. The reality is that the EV market has reached its saturation point , only way to get more people buying them is purely on price, they have to be cheaper than ICE and there will be a few manufacturers go bankrupt because of it.
@FlameofDemocracy 2 ай бұрын
Lithium costs have skyrocketed. It is difficult to plan with such enormous fluctuations in pricing.
@alarjak 2 ай бұрын
Battery prices are down 50%...
@FlameofDemocracy 2 ай бұрын
Sodium ion and LFP are different chemistries. Companies have to contract over the long term, and some have been hamstrung by rising cost curves. @@alarjak
@ThierryHorel 2 ай бұрын
Salt batteries are here . No need for lithium .
@FlameofDemocracy 2 ай бұрын
It is likely that some car companies have contracted for years for batteries, from specific suppliers. Battery chemistries range in composition and capacity, not to mention costs. @@alarjak
@yaglehoole5662 2 ай бұрын
ICE vehicles require far more maintenance than EVs do, thus sustaining more rip-offs by dealerships and mechanics, not to mention auto-part stores.
@Sacto1654 2 ай бұрын
That's until you have to replace the battery pack. The replacement price for the battery packs will (for now) cause sticker shock.
@markmiller8903 2 ай бұрын
Not true. ICE cars require low, predictable maintenance costs, EV costs are unknown and unpredictable.
@RogerM88 2 ай бұрын
Just the battery pack alone in a BEV, is way more complex than an average ICE car. And they also require maintenance as any other ICE car, such as suspension components, tires, modules, as electronics.
@kristijangrgic9841 2 ай бұрын
Wait until you have to replace battery or have to buy tires every two years
@markmayfield5673 2 ай бұрын
How much does it cost to replace you ice engine ice cars are a dead technology the end move on dinosaurs
@stephenberry8658 2 ай бұрын
Need Citroen Oli lightweight EV once the battery tech improves
@3184Patrick 2 ай бұрын
I think the Toyota, Mercedes and now maybe Ford and GM will be regretting their choices come 2030 when the Hyundai/Kia group, Tesla, BYD etc are the dominant car manufactures. Profits only take you so far. you still need to build a product people want to buy. Like you said who will want to buy a $80k ice car than needs constant maintenance and trips to the gas station when you can get a similar vehicle for the same amount that requires almost zero Maintenace and you can simply plugin when you get home... I know I'll never be going back to an ice car.
@debeeriz 2 ай бұрын
with the rise in high rise apartment dwellings you wont be able to plug your car in at home, basement sprinklers can suppress a fuel fire but not a battery fire so some home owners associations will not allow electric vehicle charging i the car park
@larryc1616 2 ай бұрын
@@debeerizLFP and sodium
@3184Patrick 2 ай бұрын
@@debeeriz I'm not sure where that is. But here in BC Canada its actually part of the building code that its mandatory to include EV charging in apartment/condo buildings. They can't build a new one without providing EV charging for the residence. and lots of existing buildings are getting retro fit with EV charging.
@grahamf695 2 ай бұрын
Yes, I agree it seems shortsighted. However, they seem to change their strategy every 3 years, so they may well reverse their decision in 2027.
@baronvonjo1929 2 ай бұрын
Explain the Koreans. They are somewhat flopping in China and here in the US the Hyundai Ioniq 5 only sold 33k units last year...the Model 3 and Y sold hundreds of thousands of units. The Kia EV6 didn't even sell 20k units here in the US. Unless there is another market their EVs are doing great in I fail to see what makes them stand out more than any other legacy brands making EVs.
@donaldduck5731 2 ай бұрын
Doesn't matter what cars they make if nobody wants to buys them. EV Ranges are increasing leaps and bounds, silicone anode technology is here now which could double or triple ranges once it filters through to mainstream battery manufacturing plants. There's no law saying you have to buy an ICE Mercedes-Benz
@tombudetti5502 2 ай бұрын
People are getting hooked on these low gas prices like an addict on Crack. Just wait until the Dealer jacks up the price again, and they will.
@polska905 2 ай бұрын
Gas prices are irrelevant when buying a brand new Benz.
@magallon643 2 ай бұрын
$5 per gallon in Ca I don't think that's cheap,you must be in Texas or something.
@TheEvilmooseofdoom 2 ай бұрын
People also like being in the pocket of OPEC.
@Ghosy01 2 ай бұрын
Nah I’m Texas you get a free cowboy hat and boots .
@Outrage82 2 ай бұрын
$8 a gallon in Australia.
@mrbig7718 2 ай бұрын
They know where the market is going lol
@Kithara111 2 ай бұрын
After driving an EV for five years there is no way I will ever go back to buying another ICE vehicle.
@cutehumor 2 ай бұрын
ICE is winning!!
@TomTom-dy6qr 2 ай бұрын
Winning on poisonous emissions 🎉
@TheEvilmooseofdoom 2 ай бұрын
Winning what?
@oxaile4021 2 ай бұрын
@@TheEvilmooseofdoom A whole bunch of carbon credit sales for EV companies.
@larryc1616 2 ай бұрын
Like Kodak and Blockbuster!
@durinok 2 ай бұрын
How much can dealers persuade buyers to keep paying for gas vehicles? Some brands may be able to keep things rolling along for years. In the EU especially, other brands may cut into their markets, but the luxury segment may be uniquely difficult to penetrate.
@Lifecoach7Ra 2 ай бұрын
Think that is absolute nonsense as people with money who work for and are intelligent enough will buy EV. They will have their own power systems installed either PV with batteries or hydrogen and want to be energy autonomous. Certainly only some people from Ex-Jugoslavia or Türkiye or some pimps and drug dealers will stay with outdated ICE! To ask authorities to prolong ICE is idiot but due to shareholders from politically and religiously dangerous countries that in fact work against our interests to get green energy and control back. They want slave systems for the slaves and apes to control them with fear that energy prices go up. Since we are independent on clean electricity we lost fear that prices go out of control and we already make money!
@EnriqueThiele 2 ай бұрын
Tesla, Hyundai , and Kia are ther, selling for less than the average US new vehicle price.@beegdawg007
@TomTom-dy6qr 2 ай бұрын
@beegdawg007 dealers don’t make much profit on sales, if any. They make their profits from after sales services and parts. Hence most Ford dealers refused to sign up for EV sales. Perhaps that’s why Tesla sell directly to consumers 🤔
@SingLee-on3yh 2 ай бұрын
Its the best thing that could happen . Electric cars are sterile and onlfy for wowsers. theres nothing I like better than the sound of a V8 and the wiff of high octane gas. Fingers crossed that electric cars mainly stay in Asia and just remaining a small niche market in the rest of the world. The US seems to be heading that way.
@TomTom-dy6qr 2 ай бұрын
Big shout out to the USA on producing poisonous emissions for their children and grandchildren. You’re absolute geniuses 👏
@daleviker5884 2 ай бұрын
@@TomTom-dy6qr The highest life expectancy in the world is in Hong Kong, pretty much the most densely urbanized (and car crowded) environment in the world. All of the longest-living populations are in advanced industrialized countries, which have lots of cars, whereas the lowest life expectancies are in underdeveloped nations. If you want to help your children and grandchildren, maybe you could instead complain about the push for left-wing authoritarianism that aims to lower living standards.
@TomTom-dy6qr 2 ай бұрын
@@daleviker5884 China also has the highest rates of cancer in the world, of which Hong Kong is part 👏
@daleviker5884 2 ай бұрын
@@TomTom-dy6qr You might need to get an updated copy of your Little Red Book if you believe that China has the highest rate of cancer in the world. In per capita terms it's not even top fifty. Cancer cases are more than twice as common in Norway, for eg. Try telling truths occasionally; you will find it cathartic.
@daleviker5884 2 ай бұрын
Seems like someone removed my post that pointed out that china does not have the highest cancer rates in the world. In per capita terms it is not even in the top 50.
@GaminGiga 2 ай бұрын
Simple, it is simply the interplay of geopolitical and profit. China is leading in solar panel and EV, their EV are just too cost effective, Merc won't be able to compete with that, to develop EV they will take a great risk. However, Chinese aren't good in internal combustion engines, to keep the profit Mercedes wants to keep its ICE production line becomes reasonable. To peotect their own industry, EU doesn't talk about ban ICE by 2035 anymore.
@gandalf6878 2 ай бұрын
The roads in Europe are so congested that mobility has to be reinvented. Pay what you get. Autonomous driving. These are the keywords that will count in the future. And since German car manufacturers are at least 10 years behind when it comes to software, they are clinging to old concepts. Mobility will look completely different in 10 years. The future of automobility is being redrawn in California by Waymo, UBER and others. Cars are like stagecoaches back in the day. My prediction is that, in the best case scenario, Mercedes will still be a supplier to the companies that can write the software. Let's be honest. Driving is a waste of time. In the future it would be much better if you could simply order a car to take you from A to B. Then you get in, start to work, sleep or do whatever you want and the robotaxi will drive you to your destination.
@deezet9518 2 ай бұрын
The problem with Mercedes is, they don’t have the technology to keep up right now
@stevehan8157 2 ай бұрын
I’m sure MB dealerships pressured corporate leadership to back off on EVs because they can’t lose profits on maintenance/service
@grasho 2 ай бұрын
More will follow...
@rodneyblackwell7477 2 ай бұрын
I see in China EV owners couldn't buy ferry tickets but ICE owners could buy.
@IsaacGbornor_gv 2 ай бұрын
Mercedes Benz don't care about The CO2 ,the Climate ,..we want our future Generations to live in a Clean And a healthy Climate world 🌍🌎🌎, long live the EV Cars 🚗🚗🚗🚗
@plau2007 2 ай бұрын
Sam, but China can continue to subsidize the EV cars for US and EU consumers !
@RK-jc8oe 2 ай бұрын
Yes, build a product that costs more and you make less profit.. makes sense.
@TAL142 2 ай бұрын
US and Europe will probably stop talking about the green tax. Actually you can get cheaper ICE cars nowadays than equivalent EVs. Honda Accords and CRV are pretty cheap in US. I think they are around $30K. They simply have bigger profit margins in ICE cars. These countries want to block China EVs and batteries will have to charge very high tariffs.
@TomTom-dy6qr 2 ай бұрын
Just wondering why VW and Toyota have $billions of debt if ICE cars are so profitable 🤔
@fyeofyeo402 2 ай бұрын
PHEV gets full 7500 credit. I think it is easier to make those in the US. All you need is 1/3 of the Tesla battery. Cheaper insurance, etc.
@TAL142 2 ай бұрын
@@TomTom-dy6qr I think every car company is heavily in debt. They simply controlled the technology so they could leverage their future for debt until the EVs. The market for ICE will probably only limited to those US and Europe managed to block Chinese EVs.
@masoudnamini 2 ай бұрын
And who says their bottom line wants ev?
@btpp12 2 ай бұрын
EV sales are declining worldwide . Mercedes want to adopt to the market
@thobekanikhoza4038 2 ай бұрын
for as long as these traditional manufacturers dont transform from being automakers into being tech companies and vertically integrated setups while focusing on software development in-house they will not survive in this field. They must just remain ICE manufacturers while Tesla and Chinese march into the future and growing in leaps and bounds
@lesliecarter4295 2 ай бұрын
But Sam you said hybrids were finished. 😂😂
@kenhickford6581 2 ай бұрын
Sam will say anything in his 'Pursuit Of Relevance' Lol!
@gordonwardhaugh8266 2 ай бұрын
China doesn't have a choice it doesn't have oil it only has dirty dirty coal that makes clean electricity for electric cars
@itsyo42 2 ай бұрын
Sam's integrity has plummeted since the second half of 2023.
@RogerM88 2 ай бұрын
@@MithunOnTheNet Wonder if Automakers as Toyota drastically increase their offer to Hybrids as Plug-in Hybrids, plumbing many BEVs selling numbers, what will be Sam's new narrative.
@markmayfield5673 2 ай бұрын
Hybrid sale are falling it's a dead technology
@DaveHammondDublin 2 ай бұрын
Viewer from Ireland - i like your videos - but you do seem to be quite closed minded to any strategy or narrative that doesn’t just involve. Swapping all cars to ev as soon as possible and ignore everything else - Mercedes - Toyota - BMW - VW - you don’t think that there are many very experienced smart auto motive brains looking at the global market and running and adjusting their business worldwide - all you seem to say is - they are making a mistake they will become Kodak - here’s a tip for you - if one major player like Toyota was to push against the grain against an EV narrative and everyone else didn’t - there may be a chance they become a Kodak - but when there a similar repositioning happening from Mercedes - Toyota - BMW - VW group - you don’t think maybe they are drawing different conclusions that you ??? Or you think you are right and all these brains are wrong ? You also FAIL to see the fact that auto brands dealerships make a big part of business in second hand markets - totally unproven to work for depleted battery EV vehicles - they can’t blindly follow a strategy assuming 100 electric with no real plan for resales - Tesla do not have a global legacy business that needs to think no about wider issues like resales - and as for your question about who’s buy a combustion - let me share similar example from this market - buy bmw 5 series combustion diesel tomorrow or BMW i5 electric - the electric is 40 grand MORE - and the resale of the combustion in 6 years will be significantly higher than the depleted battery i5 which will loose that 40 grand plus a whole lot more -- you asked the question as if its a no brainer to choice the merc ev - its not - its a very very expensive purchase and you need to prepare to loose a LOT more only in the 5 years on the merc EV -- that’s the fact
@Jfun-ek2xu 2 ай бұрын
Very well said. Sometimes on here it seems like Sam and a lot of others think everyone at Toyota, VW, Honda, Mercedes, BMW etc are all just stupid, and for a favorite word on here - Luddites
@diamondpolish 2 ай бұрын
U make a valid point, although that’s bmw and merc EV resale value, I don’t think everyone have to buy those :) there’s nothing wrong with BYD, Tesla etc. They’re now reasonably priced and will only get better. Over here in Aus we don’t seem to have that issue (again that’s very subjective) a price of second hand Tesla model x and S, 2017 and older ranges from $80k to 160k I saw one recently (surely various specs) but that’s inline if not better than ice cars. I bought my model y last year, and the price if anything increased lol I’m happy to lose value 40-50% in 5 years, what people never realise is that EV and especially Tesla is not just range and degraded battery (if that’s an issue anyway), it’s the overall experience and having driven one for a year now I can tell u there’s sooo much more than just those shallow facts, if I was to summarise it in 2 words it’s “worry free” something I didnt experience with previous cars. No service, no petrol station, car is way more intelligent, no keys 🔑, no 12v battery, belts, chains, spark plugs, oils, fluids, and endless parts that fail, now I’m not saying ev is perfect but it’s Surely a lot simpler design! With way much less parts. And I can’t get enough of that instant torque and power that no ice wil ever produce.
@grahamf695 2 ай бұрын
@@Jfun-ek2xu I own a BMW i4 EV and I love it. The car is wonderful.
@user-oc5ry8pp1p 2 ай бұрын
I have a Xpeng G6 755km range(wltd is 620ish)... fast quiet smooth, heated seats/steering wheel, preheat heat/cool car from phone a minute later is all warm/cool a must need in winter/summer, self park/drive, phone control... and I think your Tesla lacks: surround smart voice command(no need to say hi rear passenger say open window his window opens... and wifi. :D@@diamondpolish
@user-oc5ry8pp1p 2 ай бұрын
drove 5000km cost was 1 tank of gas n minus endless maintenance costs..... never going back to ice luv me some cosy warm seats n steering wheel in zero degree winter.
@j.thomas7128 2 ай бұрын
The carbon footprint of EV cars is 3+ times greater than that of gas/diesel cars once you factor the carbon cost of MANUFACTURE. MeBe is rightly thinking.
@shadowninja6689 2 ай бұрын
It's the carbon footprint over the life of the vehicle that matters, not the initial construction carbon cost. EV's easily beat out ICE vehicles in the carbon footprint over the life of the vehicle, even if the electricity comes entirely from coal. It depends on the source of the electricity for how long it takes for the EV to have a lower carbon footprint than an ICE vehicle at the same age and mileage.
@j.thomas7128 2 ай бұрын
@@shadowninja6689 Absolutely not. Nicely worded narrative, but 100% wrong. The breakover point on average is 1,000,000 miles on the original battery. Except the EV cannot operate that many miles on the original battery. Do you understand what the difference is between supposition and fact? Fact is known or proven to be true. Supposition is what you wish to be true. Carbon cost of manufacture is MOST important and is disgusting that you don't have the ability to understand why. The carbon cost of extra build for an EV is an expense greater then the savings. Your explanation is ANTI-LOGIC. Thanks for demonstrating what WOKE is. With Out Knowledge or Experience. Thank you.
@user-oc5ry8pp1p 2 ай бұрын
here's my EV. :) I have a Xpeng G6 755km range(wltd is 620ish)... fast quiet smooth, heated seats/steering wheel, preheat heat/cool car from phone a minute later is all warm/cool a must need in winter/summer, self park/drive, phone control... and I think your Tesla lacks: surround smart voice command(no need to say hi rear passenger say open window his window opens... and wifi. drove 5000km cost was 1 tank of gas n minus endless maintenance costs..... never going back to ice luv me some cosy warm seats n steering wheel in zero degree winter.
@eugeniehilbert3989 2 ай бұрын
... And chinese secret service constantly knows where you are and what you are talking about! No thanks!!
@user-oc5ry8pp1p 2 ай бұрын
snowden told you?@@eugeniehilbert3989
@user-oc5ry8pp1p 2 ай бұрын
snowden told u that for sure@@eugeniehilbert3989
@bush-b5330 2 ай бұрын
Mercedes Benz EVs are falling behind for three main reasons: 1- The stupid exterior design 2- their ev motors aren’t that powerful compared to the standard brand in the ev market that is Tesla, and which models are cheaper and at the same time are more powerful and faster 3- Mercedes Benz after service is not what it used to be
@beautifulgirl219 2 ай бұрын
Most of the world is experiencing extreme heat, with temperature records being broken on several continents but little western news coverage. Axios reported that temperatures in Japan are being “broken by rare margins” Last week the Nigerian weather agency “predicted a prolonged heatwave across the country”, with temperatures forecast to rise above 40C, according to the Cable. In Kenya, current “excess heat” could “persist till March”, the Standard reported. And “scorching” temperatures in parts of South Africa led to warnings for residents to stay indoors, the Witness said. The Thaiger reported that Thailand “is bracing for a severe heatwave”, while Cambodia’s meteorological ministry issued several advisories this week that maximum average temperatures could reach 37C, according to the Khmer Times. The Sydney Morning Herald wrote that “parts of Western Australia have sweltered through their hottest night on record” this week. “Extreme fire danger” led to school closures in the state, another article said.
@eugeniehilbert3989 2 ай бұрын
Oh my god. What a fearmonger!! Years ago we called that "Summer"!
@beautifulgirl219 2 ай бұрын
@@eugeniehilbert3989 Don't be hard on yourself, not everyone is willing to face reality, or has an aptitude for science; you apparently have neither. It's never to late to grow.
@eugeniehilbert3989 2 ай бұрын
@@beautifulgirl219 You don't know how completely wrong you are my little fearmongering and terribly exaggerating sister.
@beautifulgirl219 2 ай бұрын
@@eugeniehilbert3989 My post contains FACTS that are VERIFIABLE. Why bother with a reply that is only factually wrong & character assassination. You embarrass yourself and contribute NOTHING to the world. Don't waste my time.
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