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EV start-ups competing with Tesla are all struggling. It's very likely that Rivian will simply go bankrupt in the next few years. The big automakers are also st

EV start-ups competing with Tesla are all struggling. It's very likely that Rivian will simply go bankrupt in the next few years. The big automakers are also struggling, largely because their best sellers are bigger vehicles, at least in the US and charging & battery tech just isn't there for those models. Look at the attempt at the EV Hummer, it's a joke. My sample doesn't have to be random, 10 years ago I could go to a large wealthy city in Europe and only see European cars. Again, that is/was the norm. You would not see Toyotas or Fords, etc. Tesla has been made into an exception. So far the only European brand that even has an EV that can compare with Tesla's is Porche and it's 2x the price. If I'm not mistaken Tesla is now Norway's number one make, which seems like a big deal. This could change, but I don't see it changing anytime soon given how bad some of the competition is. I was excited about the EV F150 but it too has shown they are still very far behind. Still don't think Telsa should be worth more than every major automaker combined. I'm not arguing anyone should buy their stock.

dwighttk 4y ago
Huh, I was actually surprised at all the Fords I saw in The Netherlands when I went (2007-8 somewhere in there) (And no I’m not confusing it for fjords in Norway)
haspok 4y ago
> You would not see Toyotas or Fords, etc. Tesla has been made into an exception. I'm sorry, but this is just completely false. Both car brands are extremely popular in most parts of Europe, not sure where you've been... Teslas are also popular, no doubt about it. They have some advantages (for example, the charging network) compared to others, we'll see how long it will last. As opposed to the US, the main EU high-speed charging network competitor (called Ionity) is actually getting close to full coverage in most EU countries (except for Greece, for some reason), and is of similar quality, albeit a bit more expensive.
- partiallypro 4y ago
  > I'm sorry, but this is just completely false. Both car brands are extremely popular in most parts of Europe Extremely popular? I don't think so. 7% of market share is not "extremely popular." I've been in most every country in Europe and barely ever see any Fords, Chevys or Toyotas. Maybe some commercial vehicles for Ford, but rarely a car/SUV/truck. Most every car is a European brand or a sub-brand. Tesla doesn't have much share but is already at around 2%, however Tesla's Model Y was the top selling model in Europe last year. When I go to Europe now it's hard not to spot them because they make up such a significant portion of new car sales there. The most popular Ford (Kuga) was outsold ~6x by the Model Y, the most popular Toyota (Yaris) was outside ~2x by the Model Y. That's pretty significant given Ford and Toyota have been in Europe for a long time. Maybe you're conflating the UK with the rest of Europe, where Ford is more popular, I'm mostly referring to the mainland.
mym1990 4y ago
Any reason that Norway’s car brand popularity is a big deal in the larger scheme of things?
- sundvor 4y ago
  It has the highest EV penetration in the world. Nearly every single new car sold is an EV. It's therefore a great indicator about how various EVs will fare on a greater scale, perhaps.
  - swexbe 4y ago
    Norway is extremely wealthy. This undoubtedly skews the results by a lot. It's a bit like extrapolating that the next big consumer car-brand is Ferrari based on your trip to Monaco.
  - mym1990 4y ago
    Perhaps. The USA EV market outpaces Norway by a pretty large margin, and Tesla leads the US EV market in a similar way to Norway, I guess it depends on what data point is being looked for specifically. Relatively speaking Norway is a pretty tiny market to make large scale indications off of.
    - sundvor 4y ago
      USA has nothing on Norway in % of vehicles sold being EVs. Norway's population is a fraction of USA's, so of course USA will have the raw numbers. However, Norway's new car BEV % is 80%. The remainder is split between hybrids and pure fossil.
  - HWR_14 4y ago
    Norway started buying EVs when Tesla was the only game in town. Of course they have a lot of Teslas. It seems like a bad idea to expect that experience to generalize now that there are more options.

dwighttk 4y ago

Huh, I was actually surprised at all the Fords I saw in The Netherlands when I went (2007-8 somewhere in there) (And no I’m not confusing it for fjords in Norway)

haspok 4y ago

> You would not see Toyotas or Fords, etc. Tesla has been made into an exception. I'm sorry, but this is just completely false. Both car brands are extremely popular in most parts of Europe, not sure where you've been... Teslas are also popular, no doubt about it. They have some advantages (for example, the charging network) compared to others, we'll see how long it will last. As opposed to the US, the main EU high-speed charging network competitor (called Ionity) is actually getting close to full coverage in most EU countries (except for Greece, for some reason), and is of similar quality, albeit a bit more expensive.

partiallypro 4y ago
> I'm sorry, but this is just completely false. Both car brands are extremely popular in most parts of Europe Extremely popular? I don't think so. 7% of market share is not "extremely popular." I've been in most every country in Europe and barely ever see any Fords, Chevys or Toyotas. Maybe some commercial vehicles for Ford, but rarely a car/SUV/truck. Most every car is a European brand or a sub-brand. Tesla doesn't have much share but is already at around 2%, however Tesla's Model Y was the top selling model in Europe last year. When I go to Europe now it's hard not to spot them because they make up such a significant portion of new car sales there. The most popular Ford (Kuga) was outsold ~6x by the Model Y, the most popular Toyota (Yaris) was outside ~2x by the Model Y. That's pretty significant given Ford and Toyota have been in Europe for a long time. Maybe you're conflating the UK with the rest of Europe, where Ford is more popular, I'm mostly referring to the mainland.

mym1990 4y ago

Any reason that Norway’s car brand popularity is a big deal in the larger scheme of things?

sundvor 4y ago
It has the highest EV penetration in the world. Nearly every single new car sold is an EV. It's therefore a great indicator about how various EVs will fare on a greater scale, perhaps.
- swexbe 4y ago
  Norway is extremely wealthy. This undoubtedly skews the results by a lot. It's a bit like extrapolating that the next big consumer car-brand is Ferrari based on your trip to Monaco.
- mym1990 4y ago
  Perhaps. The USA EV market outpaces Norway by a pretty large margin, and Tesla leads the US EV market in a similar way to Norway, I guess it depends on what data point is being looked for specifically. Relatively speaking Norway is a pretty tiny market to make large scale indications off of.
  - sundvor 4y ago
    USA has nothing on Norway in % of vehicles sold being EVs. Norway's population is a fraction of USA's, so of course USA will have the raw numbers. However, Norway's new car BEV % is 80%. The remainder is split between hybrids and pure fossil.
- HWR_14 4y ago
  Norway started buying EVs when Tesla was the only game in town. Of course they have a lot of Teslas. It seems like a bad idea to expect that experience to generalize now that there are more options.