Europe Needs Truly Affordable EVs; China Has Inside Track. “Carmakers are slowing EV adoption by prioritizing larger more expensive electric cars” The European automotive industry in general and green lobbyists in particular say affordable electric vehicles are the key to success as sales move from mainly well-heeled first adopters and business buyers to the mass […]
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Europe Needs Truly Affordable EVs; China Has Inside Track
Europe Needs Truly Affordable EVs; China Has Inside Track. “Carmakers are slowing EV adoption by prioritizing ...
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Ferrari’s Latest Profit Numbers Anchor Its Luxury Ambitions
Ferrari’s Latest Profit Numbers Anchor Its Luxury Ambitions. “The shares now trade at 46 times the ...
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MG4 XPower review
MG4 XPower review. For – wonderful performance, great quality, “affordable”, cute.Against – range.Price – from £36,495 ...
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Europe Needs Cheap EVs To Avoid Existential Threat
Europe Needs Cheap EVs To Avoid Existential Threat. “mass market customers who are being left behind ...
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BYD Seal Excellence AWD review
BYD Seal Excellence AWD review. ****For – handsome, high quality, supercar performanceAgainst – hopeless in the ...
Renault, In Geneva, Renews Plea For “Airbus” EV Salvation
Renault, In Geneva, Renews Plea For “Airbus” EV Salvation. “If manufacturers do not get a grip producers such as BYD will happily oblige. An Airbus of autos makes sense especially to drive down costs” Renault CEO Luca de Meo believes the threat from China’s electric vehicles to European manufacturers is so dire that a radical, […]
Europe’s Profitability To Slip in 2024, But Watch Out For 2025
Europe’s Profitability To Slip in 2024, But Watch Out For 2025. “2024 is probably the last year when manufacturers can rely on sales of high-profit margin ICE vehicles to boost their bottom lines” European auto manufacturers’ profits will be a bit harder to come by in 2024 but for next year dark clouds are gathering. […]
Ferrari’s Latest Profit Numbers Anchor Its Luxury Ambitions
Ferrari’s Latest Profit Numbers Anchor Its Luxury Ambitions. “The shares now trade at 46 times the 2024 earnings per share it expects to deliver. That compares to an average of its global auto peers including Porsche of just 7 times” Ever since Ferrari was floated off from Fiat in 2016 it has tried to convince […]
Stellantis Strong Finances Power Share Price Advances
Stellantis Strong Finances Power Share Price Advances. You can’t get much more ardent than “Stellantis: A New Toyota?” Investors in multi-car brand giant Stellantis are riding the crest of a wave as the share price hits new highs and profit margins remain more Porsche-like than Volkswagen. Stellantis’s 2023 profit margin fell a bit to 12.8% from 13.4% […]
BYD And Chinese EV Win In Europe Might Be Delayed
BYD And Chinese EV Win In Europe Might Be Delayed. “BYD is unlikely to take an aggressive pricing strategy in Europe, given the geo-political risks” Europe has convinced itself the imminent assault on its automotive industry from China’s electric vehicles in general and BYD in particular will be a David and Goliath rerun. After all, […]
WintonsWorld Electric Car Tests March 2024
WintonsWorld Electric Car Tests March 2024.
MG4 XPower review
MG4 XPower review. For – wonderful performance, great quality, “affordable”, cute.Against – range.Price – from £36,495 Competition – Cupra Born, Fiat 500e, GWM Ora3, Renault Megane E-tech, VW ID.3, Skoda Enyaq “This is the most enjoyable EV I’ve ever driven, and by current standards it is amazing value for money” The all-electric MG4 XPower is […]
European EV Scepticism Could Derail Massive Sales Targets
European EV Scepticism Could Derail Massive Sales Targets. “Green cheerleaders have assured us of the benefits guaranteed by EV ownership, but many of these are crumbling” Europeans are cooling to the charms of electric vehicles as unexpected disadvantages drown out noisy hyperbole from EV evangelists. EV sales are expected to return to the fast […]
EV Price War Likely As Sales Growth Slows, Choices Increase
EV Price War Likely As Sales Growth Slows, Choices Increase. “S&P forecast for 2024 is cautious optimism – with an increase in affordable EVs, reliable vehicle charging, and profitable returns” European electric vehicle sales last year allowed enthusiasts to claim that records were still being broken, but the underlying trend which developed later in the […]
Europe Needs Cheap EVs To Avoid Existential Threat
Europe Needs Cheap EVs To Avoid Existential Threat. “mass market customers who are being left behind in the race to an electrified automotive future” If European manufacturers don’t produce mass-market electric vehicles soon they will fail to meet tough quotas for EV sales and leave the field open to cheap and cheerful little Chinese battery-powered […]
Hyundai EV Skirt Improves Range, But Big ICE Gap Remains
Hyundai EV Skirt Improves Range, But Big ICE Gap Remains. “range was improved by 2.8% or about 3-1/2 miles” Hyundai Motor and Kia have developed technology to improve EVs’ high-speed cruising range by making them more aerodynamic but the claimed range improvement of only 2.8% still leaves a big gap compared with combustion technology. Test […]
BYD, Tesla, More Chinese Competitors Will Lead EV Race
BYD, Tesla, More Chinese Competitors Will Lead EV Race. “We believe BYD and leading Chinese (manufacturers) are set to conquer the world BYD has overtaken Tesla as the world’s biggest electric vehicle (EV) maker and it will soon be joined by other Chinese manufacturers as they lead the electric revolution at the expense of Western […]