U.S. EV sales are growing while demand for gas cars is collapsing

U.S. EV sales are growing while demand for gas cars is collapsing

The best solar company in Australia just installed my new solar system.

👇👇 Buy something and support The Electric Viking Store 👇👇

Size guide and other help for the store 👇

Join as a member in The Electric Viking YouTube►

Members-only videos (see videos before anyone else)►

See what happened to Shanna (Sam's wife):

The Electric Viking on other platforms:

👇 See more about me 👇
👇 My Bali trip 👇
👇 Video about My Skateboard 👇

👇 Subscribe to my kids channel 👇

See more videos:
I just ordered! Xpeng gets hundreds of orders for new Xpeng G6

Why the Xpeng G9 is the best selling large Electric car in Europe

Xpeng reveals worlds fastest electric car charger with plan to install 4,500

Xpeng's G6 DESTROYS the Tesla Model Y in Australia in nearly every way

Checking out the Xpeng G6 in China with Riz from Ludicrous Feed

Pre-orders open for Xpeng's G6 Model Y rival in Australia - should you buy?

Xpengs CEO shocked by Tesla's FSD tech in America; says 2025 is the year!

Xpeng reveal the Mona M03 - an EV designed by Artificial Intelligence

China's Xpeng G6 SUV coming to Australia to take on Tesla Model Y

Nio, BYD, Zeekr, Xpeng, Li Auto and Xiaomi EV sales in April 2024

Xpeng will build VW EVs in China to cut costs by 50% and fix software issues

VW Group EV sales down 24% in Europe & 16% in America in 2024

VW ID4 sales crash amidst a litany of quality problems and buyer complaints

Volkswagen workers ignore Ford CEO Jim Farley's ominous warning

Volkswagen EV with sodium-ion battery begins mass production

Volkswagen's new ID7 electric car is a sales disaster

Audi, Porsche, Scout & VW join Tesla’s North American Charging Standard

After investing billions in China, VW group reveal it will fire 112,000 staff

VW & Ford say EV sales slow due to weak demand. Hyundai LAUGHS

Chinese-made Volkswagen EVs coming to Australia as VW admits strategy

How GM tricked America into believing its Robotaxis were real...

How VW improved efficiency of its new EVs by 6% with no battery changes

VW's secret plan to take down Toyota with EVs using Tesla technology

VW ID4 EV recalled: "burn rate may be beyond maximum allowable limit"

#evsales #gascars #collapse #demand #evnews

👇Reference to the news/charts & videos used in this video:

This channel may use some copyrighted materials without specific authorization of the owner; but content used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976.

Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

Contact us for any copyright issues. If you want a credit of any footage we are using, please let us know.

[Jjirehc]

We are choking ourselves with the tariffs on Chinese EVs

[gnschenker]

Most negative comments are evidently based on ignorance. If you haven’t owned an EV for at least a year or so, and if you haven’t used it on short and long trips, you cannot make a meaningful statement, period. I have owned numerous ice cars from many different brands, diesel and gasoline. Now we own two EVs and have driven them under all conditions, from ice and snow, to hellish hot climate, over short and very long distances. Both, my wife and I would never go back 😊

[antwango]

Brand new Chinese EVs in China cost the same or even cheaper than second hand EVs in the West think about that!

[garymoucha]

Vehicle sales are consistently negatively impacted by increased interest rates. It’s difficult to tease out what demand changes are due to buyer product preferences versus rate changes in any precise way. That said, I drive two EV’s and am not going back to ICE vehicles.

[rickdeckard]

I just bought my 1st EV a M3 .. I will get it this Friday in Madrid!! really excited finally

[dennisd]

New automotive sales have been very slow in the U.S. here in 2024; EVs are growing, while hybrid and PHEV are taking share from pure ICE. Pure ICE is declining significantly, and used cars that are electric have grown quite a bit.

Cadillac LYRIQ has done incredibly well! There are so many of them in Florida.
Thank you for this, Sam!

[girlmiaful]

Just purchased a 2024 KIA EV6-GTL and am loving it. It’s sporty, charges fast, and the family fits nicely in it. I live that I have an actual sunroof that opens and all the incredible features the car comes with. I thought about waiting for the refresh, but I actually prefer the front end of the 2024 model. The 2025 front end is not my fave, but that’s just my aesthetics.
For reference I’m in the USA and this is my first EV.

[kennylim]

Long story, we were told 3 years ago not to buy an EV (Tesla M3), a year later we love our 2021 model 3lr so much we paid it off and got a '22 model y long range. That turn out to be an excellent car as well besides the 5.6% interest so 2 month ago we traded it in for a 2024 Y performance with 0.9% and by time paid off, we actually save $1k...lol. Now my daughter get to pick her best color which wasn't available 2022: quick silver. Win win for us! Thanks for sharing Viking, just sub!

[cchu]

I used to live in Toronto Canada. The furthest I would drive would be to Montreal (550km) or NYC (760km). But I only made those trips maybe 5 times in over 10 years. The BYD Sealion 6 hybrid can do 1395km on a single charge and tank, the myth about EVs not having enough range can be put to rest for once and for all. Once people realise this and not needing to change oil and filters every 10k km, the uptake will be fast. There will be at least one EV for every family. The same was said about minivans and SUVs when they were first introduced.

[bigpicture]

Why do you listen to anything that the MSM publishes. They haven't made any true statements in over 20 years. EVs originally had the range anxiety thing, and the supporting charging infrastructure. This perception is starting to abate some now. Then the battery technology is steadily improving, in range, life cycle, cost, safety, environmentally, and in every other way. Along with the motor and driveline technology.

Theoretically we have reliable low maintenance over one million mile cars, with over 20 year batteries, at about the same price as ICE vehicles. Don't you think that people are starting to wake up to this change? Perceived value is "what you get for what you pay". Some part of driving is for "pleasure" and that means a "care free" vehicle. (no nasty surprises.)

[johnross]

We work at one of the largest auto dealer in Southern California. ICE sales has never slowed down its all ways been strong, but EV division has fallen tremendously in the last year. ICE sales ratio to EV is right at 190 to 1 right now . We stopped takes EVs as trade-in. We have a entire lot of EVs unsellable

[christophreuter]

Here in Germany the formerly CEO of Ford and the CEO of VW Oliver Blume said, that some political partys should stop telling lies about EVs and stand for the EU stop of ICE in 2035. they know exactly how bad the situation is for them, and tell politicians that hundreds of thousands jobs will be lost.

[kida]

When I was 15 I was chomping at the bit to drive. So were all my friends. But as time has gone by, kids no longer WANT to drive. They often wait until they are forced to drive when they leave the nest. Some never learn to drive. I would think this has had some affect on car sales over time. When the Fed starts dropping rates next month it is possible car sales will start increasing.

[patrickhenigin]

How much are ice cars spending on advertising?
How much are ev cars spending on advertising?
How much are oil companies spending on advertising?
Would reason would media have for misleading us?

[RobertCrickmore]

Please see my comment in your prior video a few hours ago. For this the big thing is leasing which is what most of these sales are. In addition to the tax incentives and price reductions are the lease rates. People are getting these cars on 18-24 month leases for just a few hundred dollars per month meaning it's hard to say no to a deal like that AND when the leases are up there will be all those cars on the used car market for very cheap. On the one hand that's good, it will allow lower income people to buy a nice low mileage EV. On the other hand it hurts new EV sales because of peoples fears about actually buying an EV and then watching it's value drop off a cliff.

[joewhip]

Where we live in the US, we see more EVs on the road each week.

[rayfunk]

Can't say I have numbers, but where I live, EV's are few and far between. None in the dealers lot, few on the road and the EV charging stations were built, but are perpetually empty.

[OasisAmps]

The price of electric vehicles will eventually be the ONLY determining factor. Pound per pound EV’S will ultimately be cheaper to purchase and maintain. The market will shut out non EV’S. No stress will be needed.

[gpgt]

The bigest issues is charging infrastructure, it's getting better, but it's still an issue

[stixyou]

Perspective is key. BEV owning 9% of the US market share is straight up automotive history for the united states. It's a huge deal. If you look at the dent hybrids made from 2004 to the present, they have never captured this level of the market, despite being a paradigm shift from about 2004 onwards. Hybrids never broke about 5% of the total sales in the US, and in the early years of Prius, we're talking one or two percent of the market at best.

I don't like Carlos Ghosn (former CEO of Nissan), but when asked why Nissan focused on BEV instead of hybrid, circa 2009, he said "Hybrids are like mermaids... when you want a woman, you get a fish, and when you want a fish, you get a woman."

BTW, if EV companies keep outperforming legacy companies who do not want to pivot, EV companies will eat legacy auto's lunch eventually. EV companies will own legacy auto's production lines and distribution networks. And a whole bunch of out of work CEO's will just quietly get jobs at the new EV companies while the companies they used to lead implode. Welcome to the business world as it really works.