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.
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. “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. “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. “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. “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 […]
Golden Auto Profit Era Is Ending, EVs Under Pressure Too. “We see minimal production growth, rising discounts, falling revenues, margins and market shares. Pent up demand has started to fade” Since the end of the pandemic crisis some of Europe’s automakers were dealt a rare opportunity to make money. Demand was reviving, but supply was […]
Renault Ends EV Subsidiary Ampere Float, Investors Relieved. “Shareholder feedback about the potential IPO of Ampere was generally negative” Investors are relieved Renault pulled its plan to sell shares in Ampere, its electric vehicle and software company, undermined by faltering EV prospects. When the plan to launch an initial public offering in Ampere was unveiled […]
WintonsWorld Electric Car Tests February 2024
