US Gas Car Sales Down 1% While Electric Car Sales Up 8% US Gas Car Sales Down 1% While Electric Car Sales Up 8% - CleanTechnica
Funny how all the people with oil industry investments continue to act like EV isn't ever gonna happen and nothing is ever going to change with gas powered vehicles. Meanwhile, they lose more and more market share every year despite all their dishonesty and what they say isn't happening is really happening.
Remember, this is a Forum where radical views seem dominant and self-fulfilling -off center posts and news are commonly portrayed as normal- and many of the posts do not reflect what most of society feels or middle ground views. Toyota’s global dominance continues, new sales record set | CarExpert Toyota reports record-setting annual sales of 10.3 million vehicles Most sensible people who are informed investors hold a whole basket of automotive stocks- from Tesla to Toyota and everyone in-between. Including EV makers, ICE makers, Hydrogen vehicles, alternative fuels etc. Most sensible people who invest in Energy would hold a whole basket of energy stocks -to include Utilities, Solar, Wind, Hydrogen, Fossil fuels etc. Everyone sees the world from their own perspective - sometimes if you stand in the middle you'll get a good understanding of both sides.
As you portray it, "most sensible investors" is a reference to your radical oligarchic agenda that uses disinformation to argue that "most of society" supports the investment ambitions of the 1% and all of society needs to cater to what the 1% deems sensible and "commonly portrayed" as the enormous disparity of wealth sees 99% getting poorer while the wealthiest double and triple their hoarding of wealth. Or as you call them the people who espouse "middle ground" views where the shooting death of health care CEO is a huge tragedy and way, way more important than thousands who have died from denial of health care that led to $11 billion in profits for the oligarchs/sensible investors that love having people die from lack of medical care they were denied solely because it boosts profits, which is always what "most sensible investors" want regardless of how many people have to die when a cure to save their lives is too expensive and interferes with the agenda of what you call "sensible people," who are obviously the majority that think billionaires with felony convictions should lead our "free" country.
Around 9% for BEVs. U.S. share of electric and hybrid vehicle sales reached a record in the third quarter - U.S. Energy Information Administration (EIA) A single ICE focused maker doing well globally doesn't disprove the EV segment growing faster than the ICE one. Toyota's growth rate in the US is below their global rate, with some of the fastest growing models being plug ins. Their fastest growth took place in Japan, and much of Asia, including India. Many of those countries, plus those in the Middle East and Africa, don't have domestic auto production, and likely don't have the infrastructure to support plug ins at a large scale. Such countries where they didn't see large growth are likely because of the Chinese makers entering the market. 2023 (Full Year) Global: Toyota Worldwide Car Sales by Country - Car Sales Statistics Toyota Motor North America Reports U.S. September and Third Quarter 2024 Sales Results - Toyota USA Newsroom Finally expanding the availability of hybrid models is saving Toyota in the first world markets. If they don't expand plug ins though, they'll end up only selling at home and the other markets. In absolute numbers, that isn't good.
and ... there it is .... think what I think or you are not "sensible". It wasn't too many years ago GM thought they were the Big Kahuna. Never could they imagine there could be a shift. The shift begins when their quality falters. Might this be another beginning of the beginning? Toyota and Lexus no longer most reliable carmakers, says Consumer Reports .
Thank you for reinforcing the point that sensible investors do not put all their eggs in one Automakers basket but have eggs spread across many different Automakers. Your example makes this point perfectly and serves as a great example. Also another Kudos for bringing up Consumer Reports - you must hold them in very high esteem!
It's remarkable how you always stray so far away from the points of the debate to prove your point in the debate. You're a true capitalist that only cares about money and nothing else no matter the consequences, no matter the important and significance changes humanity is making for the better. To you it's just unrestrained personal greed as couched in more friendly terms of "sensible investor."
All the information mentioned here derives from a Toyota press release. I don’t believe anyone mentioned that Prius sales were “up 17.5 percent” in 2024, according to Toyota. Commentary about the impending death of Prius is premature. Once the supply chain normalizes, I hope Toyota will continue to improve the brand and focus on and prioritize increasing mileage and range. Toyota Motor North America Reports 2024 U.S. Sales Results - Toyota USA Newsroom
Check the downloads there. The Prius hybrid is at 5.1% increase, while the Prime is at 67.7%. The hybrid's raw numbers are higher, but the plug in sales were constrained by supply. The RX plug in saw 547% growth to the hybrid's 30%. TMNA's percent change is 3.7%. It is the wide selection of hybrids keeping the rates up, as the hybrid choice is selling at a better rate than the ICE version for most models. If Toyota had a wider range of plug in models that weren't limited by battery supplies, the overall rates would be closer to what the OP article reported for the industry.
The Prius is experiencing a resurgence of sorts and it's good to see The Toyota Prius is the 2024 MotorTrend Car of the Year All-New Toyota Prius/Prius Prime Wins 2024 North American Car of the Year Award - Toyota USA Newsroom
As more and more plugins of all sizes become available, it'll be interesting to see if the simple non-plugin Pri becomes superfluous - especially since the trend is for manufacturers to not spread themselves thin over so many models.
it could happen slowly i think. maybe battery supply and owner acceptance of plugging in will match up pretty well.
Exceptions to congestion taxes, toll roads, carpool lane fees etc have help to spur/accelerate growth of plugins around the nation ..... besides reducing pollution and increasing efficiency
