Everyone is coming out with an awesome BEV but no one other than Tesla ship any volume.
Rivian shipped under 1000 in 2021. Chevy stopped basically all shipments due to cars exploding. In 2022 I think the new Cadallic Escalade is coming, which had rave reviews but I am suspecting will be < 10k units.
Almost doesn’t matter how good these EV alternatives are if they can’t ship 100k units in the US.
Rivian is basically a startup, they shouldn't be lumped in with everyone else's capabilities. As for the existing brands, I don't think it's because they're not capable. They're still printing money from their current vehicles so they're slowly rolling over engineering resources and funding to the EV side of things. The EV truck market is basically non-existent. Rivian is realistically the only manufacturer who has to worry about competition for the next few years. The F-Series generated $42 billion in revenue for 2019[1] without any EV powertrains offered. If Ford put 100% of their engineering manpower and funds towards EV's tomorrow they would cripple themselves.
[1]https://thenewswheel.com/ford-f-series-42-billion-revenue-20...
2) Millions of non-Tesla EVs are sold every year. Tesla is not the market leader in all regions.
3) The US is not the world's largest EV market. We're less important than Europe or China to car manufacturers when it comes to EVs.
4) GM EVs outsold Tesla EVs last year in China.
How long have GM had factories in China?
> "General Motors Co. traces its [Chinese] roots back to 1908. GM has 10 joint ventures, two wholly owned foreign enterprises and more than 58,000 employees in China." - From their website
It's in the link I already provided. Here's another source:
https://driveteslacanada.ca/news/giga-shanghai-november-2021...
Your original comment that GM pumped out more EVs than Tesla in China is obvious since Tesla has just begun their production volume out of Shanghai with any scale, so not sure the point you were trying to make. With Berlin coming online soon too, Tesla is going to have a much bigger footprint in the EU/Asia combined.
I assume you mean in units sold rather than revenue acquired via EV sales? Because what GM is selling in China is just one step above a golf cart and can’t bring much money in. Also, I wonder if the product is more SAIC than GM, these are still Chinese majority owned JVs after all.
You are looking at totally different markets. The model 3 is going to big cities, replacing ICE Toyotas and Hondas, fairly big cars for a middle class that wouldn't tolerate driving around in a golf cart (nor would such cars probably be allowed in those cities). Then we have small towns and rural areas where the $6k car is targeted. They wouldn't be interested in a model 3 either, nor would they be interested in an ICE Toyota Camry.
That's technically true but very misleading. GM owns a 44% stake in SAIC-GM-Wuling[1] which manufactures the Hongguang Mini EV. The Hongguang Mini costs $4,162-$5,607, seats four people, has a 17.4hp motor, and 75-106 miles of range. Its top speed is 62mph. It does not support fast charging so it can only add 12.5 miles of range per hour.
The Hongguang Mini is too unsafe to be sold in the US. It has no airbags and performs horribly in crash tests.[2] The battery pack also has minimal safety features[3] and no thermal management, meaning it will degrade quickly in hot climates and can be destroyed by below-freezing temperatures.
In short: A company that GM partially owns sold more roided-up golf carts than Tesla sold cars.
1. https://en.wikipedia.org/wiki/SAIC-GM-Wuling
2. https://www.youtube.com/watch?v=Q-coIUMHp4g
3. https://www.winackbattery.com/news/Internal-Structure-of-SGM...
And December sales Tesla is still #1 https://cleantechnica.com/files/2022/01/Europe-Electric-Vehi...
[1] https://cleantechnica.com/2021/12/30/15-of-auto-sales-in-eur...
https://eu-evs.com/bestSellers/ALL/Groups/Year/2021
Volkswagen owns many automative brands (VW, Audi, Skoda, SEAT, Porsche, etc.) so sales are split across more brands and models:
The volume issues with Tesla in its initial days are well known.
I think Ford can step up.
The US EV market is one third the size of the European and Chinese EV markets:
https://www.ev-volumes.com/country/total-world-plug-in-vehic...