Hyundai Has Best Month Ever in U.S. Electric SUV Sales Suddenly Double
electrek.co
electrek.co
2) One must also factor in the vast surface fleet that moves Gas and crude oil around : https://www.americangeosciences.org/geoscience-currents/tran...
3) Tyre manufacturers have taken notice and are working on this problem.
3: I'm incredibly skeptical. We've heard this from every industry with enormous negative externalities. Clean coal and all that jazz. Green steel. Recyclable plastics. Non-carcinogenic coatings. Until we actually have tires that produce multiple times less break dust, EVs are still horrific compared to non-bus public transit from an environmental perspective.
*1,820–1,985 kg (4,012–4,376 lb) (2.5T)
*1,975–2,010 kg (4,354–4,431 lb) (3.5T)
*1,860–2,010 kg (4,101–4,431 lb) (2.2D)
*2,230–2,310 kg (4,916–5,093 lb) (EV)
He compared it against the heaviest ICE car, which is a fucking diesel. It still weighs 750+lbs more than that. Sorry to say but that is a significant weight difference.
For perspective, the GV70 is almost as heavy as a 4wd crew cab Chevrolet Silverado pickup. The difference between the GV70 EV and the Silverado is less than the difference between the diesel and EV GV70s.
If Hyundai's partnership with Waymo ends up successful they'll have a killer combination, though that remains to be seen.
That makes it even worse. If costs fall, competitive pressure will force you to lower the price of your new vehicles, which has a knock-on effect of reducing the resale value of each EV you get back from the consumer from leases that are ending.
Imagine a $50,000 vehicle. You write a lease that assumes that it will be worth $25,000 in 3 years. Instead of charging the customer $25,000 for the lease, you only charge them $15,000. When they return the vehicle, you sell it for $25,000 as planned. But the total amount of money you collected is $40,000 - a loss of $10,000. Now, what happens if net manufacturing and battery costs drop in those 3 years? Your new cars are on the lot for $40,000 and when the customer turns in their leased vehicle you can only find a buyer for it at $15,000. You've therefore collected $30,000 for your $50,000 car and have to eat a loss of $20,000.
Cheap leases get sales on the books today, but come with guaranteed losses years down the road (and you hope the market doesn't tank in the meantime). It might work out well in the end, but rarely does.