The reason why electric car sales suddenly fell in Australia...

The reason why electric car sales suddenly fell in Australia...

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#australia #evsales #tesla #byd #mg #toyota #evnews

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[btrts]

Only dummies buy cars based on residual values. You should be buying 3-4 year old leases that have already depreciated or buy new and drive until the wheels fall off. If you buy based on residual value and trade in every few years, you’ll always be broke.

[Gavin-qhli]

Yeah no one wants them
Insurance
Depreciation
No trade in
The price of Lithium and Nickel is going up

[duanejahn]

The auto sales in the US are all down due to financial distress. It's just not EVs.

[John-pig]

RAV4 hybrid $35k, 1, 000km range
Tesla ModelY $55k, 470km range.

BYD have the right idea, working on making cars that directly compete with ICE and HEVs on sticker price.

[ivannavi]

Why is Sam so surprised EV sales are down in Australia. It’s been a downward trend for 18 months now so it’s not headline news and it’s nothing to do with the media. It’s just people making a personal choice for their new car. Hybrids are continuing to outsell BEV’s by 3 to 1 and are a good fit for the Australian driving environment. You cant force people to buy an electric car (or anything else for that matter) just because you like them yourself.

[FCM]

EV channels like yours have been so smug and elitist the last few years in regards to brands like Toyota and their strategies. No one ever accepts they were wrong and I wouldn’t expect it from your channel where your very identity requires EV success. In due time we will go EV. The grid, battery tech etc will get there. Just stop being a prick about it.

[tomjensen]

When a brand new Ionic 5 's 60 000$ battery need a replacement? Those headlines might have something to do with poor sales, Just a thought?

[MrGMawson]

But Sam I keep saying Toyota are the best and you know it

[TheLDunn]

It’s not just Australia.

EV sales in Europe in June ‘24 were down vs June ‘23

[yggdrasil]

The charging network is the main sticking point, as prices start to approach parity.

[FoamCrusher]

I have an EV, but I can and do charge at home. If I did not have that ability, as people who live in apartments and condos with shared parking do not, because the terrible charging infrastructure (and I live in California where 25% of new car sales are EVs) my replacement car would have been an ICE vehicle.

[hardi.howdy.]

No need to sugar coat the downtrend in EV sales.
In the end, it will make manufacturers to reduce prices to increase sales.
So, good for the consumer.

[sootoongkok]

Another possible reason of decreased July sales of Australian EV is that many know that many new Chinese EV’s are coming in the next few months. So they are taking a ‘ wait and see.’ attitude.

[michaelswonderfulworld]

One guy said he bought a 82K tesla, first comprehensive insurance was 880$ the next year was 6600$. Why would you buy a shitter like that.

[fyeofyeo]

The global downturn in the stock market will make me hesitate to take out a loan.

[michaeledwards]

I lease my EV and list price was £33000, it is now 11 months old and ones the same age and mileage are selling for £16000, that is a huge loss in 11 months, so who takes the hit, the manufacturer, the dealer or the tax man, ie you and me

[timothykeith]

I'm buying a used Yaris - the cheapest long-term late model car in the U.S. Can last more than 500, 000 miles and can be even then be put back on the road with a JDM engine

[yhxfwlh]

I would like to know where you came up with 100 000 EV, s delivered this year. All the figures i can find say about 58 000!

[undercoveraca]

I rented a polestar 2 too, for 3 weeks. Nothing made sense on a practical level. I learned not to judge a car on decent looks...

[yhxfwlh]

The reason why electric car sales suddenly fell?
Umm.... people stopped buying them!