EVs were supposed to be the future. Not everyone is buying it | DW News

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Published 2024-07-26
Despite pledges and targets to move electric vehicles down the road, recent second quarter earnings from big car companies show loses. Ford and Stellantis are both struggling, and a majority of car companies are losing money on each electric vehicle sold -- no matter if it's a battery or plug in. Will big auto makers step away from electric or simply diversify their portfolios.


Chapter Breakdown:
0:00 - 00:30   EV profits slumping
0:30 - 2:15    The EV agenda
2:15 - 3:25    "We're pro-reality."
3:25 - 5:05    Changing consumer habits
5:05 -7:52     Only one BEV maker is profitable...
7:52 - 9:45    China's surprise push
9:45 - 12:20   Are BEV owners locked in?
12:20 - 14:52  "Toyota never gets it wrong."
14:52 - 16:32   Deadlines are just targets

#electricvehicle #everyone #tesla

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All Comments (21)
  • @Ausf
    The market for generic overpriced electric SUVs has been saturated, and the only option for cheaps EVs, China, is attracting tariffs in both the EU and US.
  • @MrChristocentric
    how does a single european man living in a appartment need a 45k ev option? not realistical
  • @GPSniper1
    EV is for people who own a house and can charge at home.
  • @tibsyy895
    $45K option?! haha! I need a $15K option!
  • @MeganoOdles
    BYD Seal cost $25k in China, in the US the same car cost $45k... it has never been about the environment.
  • @Mi-Chis
    Why are we not talking more about prices of ev? I will never spend 50 or 60k on a car…
  • @seanlander9321
    Resale is the problem, people have watched owners being burnt because of the rapidly developing technology.
  • @kedaiboencit7351
    No one?? Dude, take a look at Indonesia. EV cars are everywhete now in Jakarta. Having EV is saving money.. 👌🏽
  • @Iselas181
    I can't afford one so I can't get one, simple as that.
  • @nobleideas2838
    For EU, the dilema is to balance between access by the population to cheaper EV models from China and protecting the local relatively expensive models from local manufacturers
  • @craigcman6738
    1.2 million cars were sold in the US were EV. The numbers before 600000. So EVs are slowly getting there.
  • Was this programme made by your B-team: content is well below par your channel. Where were the numbers? As I understand it, BEV sales are growing year on year and ICE sales have been falling year on year since 2017. This conversation with a single consultant reflects only his opinions. I expect DW to base their programmes on facts not very soft interviews with opinionistas. Please do better next time:M
  • @DavidSchneiderIP
    I'm 76 years old. The most expensive vehicle I could afford in my life cost just under $5,000.
  • @duerf5826
    As an EV owner, this dude is 95% correct. I love my EV for its PRIMARY advantage over ICE which is the the ability to charge at home but that is not the case for many people. I've seen non-home owners/renters getting EVs for the cool factor but ended up regretting it because of how inconvenience outdoor charging was. whether it's a 10k or a 50k car, if you don't like spending 2 hours every week sitting at charging station (assuming that you can't charge at home) then you're not gonna live owning an EV. Right now used EVs with low mileage are reasonably affordable but people still don't buy them; EVs simply don't suit many people's lifestyle.
  • @belizarius_997
    So people not buying small crossovers for the price of premium executives? How dare you, lol.
  • @sopadurso
    I see more Evs then ever. In a competitive market companies profits are not supposed to be constantly high…
  • @AtliTobiasson
    This is a record year on BEV sales The title you're looking for is "EVs are the future, just not for German legacy automakers"
  • @makatogonzo
    A work horse pickup base model should not cost USD70k. What aspiring tradesman can afford that?
  • goverments have let the EV industry down with a lack of investment to upgrade the power grid. time to pull your fingers out.