Yet they have chosen to go the hybrid route.
So is dropping the BEV more about inability for them or overall economics and demand? The link answers that question.
Yet they have chosen to go the hybrid route.
So is dropping the BEV more about inability for them or overall economics and demand? The link answers that question.
Well, Tesla has over $10B of profit each of the last 3 yearsā¦soā¦
BTW, your Business Insider article is walled.
Which indicates the demand for more BEV from other players doesnāt exist.
Donāt know whyā¦ I donāt sub. Unless I havenāt exceeded their free clicks mark.
Itās a lot easier and much more profitable for the big three ICE manufacturers to build, market and service a hybrid than it is to build a BEV.
So why abandon a cash cow and rush into a BEV-only line when you can milk the old ICE and hybrid products for a few more years?
You would think they would have known that beforehand, Toyota did. But apparently they found out the BEV market demand is not at this time where they thought or under the impression they thought it would beā¦ hence cancelled plans.
I didnāt see where they were going to abandoned ICE SUVs and go with a BEV SUV only line.
My statement simply supports the decision they made to curtail BEV production. They are profit-driven and make a lot less money on BEVs than anything with an ICE in it. Thatās why they are making such a big case for hybrids. Iām not saying itās a good thing overall, just that itās a more profitable thing. Eventually the hybrid demand will ārun outta gas.ā
ie: āItās a lot easier and much more profitable for the big three ICE manufacturers to build, market and service a hybrid than it is to build a BEV.ā
But why is that?
Iāll say what I said before in a different way. Then why go down the SUV EV road if they knew this?
The only conclusion is they thought or were led to believe the demand would be there by now. Itās not, it wasnāt so they pulled the plug.
A vehicle manufacturer with the business savvy and experience of Ford Motor Corp just figured outā¦
Thatās a tall order to believe.
As far as Teslaā¦
https://insideevs.com/news/715212/tesla-production-deliveries-2024-q1/
Yes, but will they actually be recycled? I hope so!
Supposedly plastics get recycled, but we all know what a lie that has been!
Alternatives to recycled plastics as a raw material are plentiful and cheap. Alternatives to recycled EV battery products as raw materials for new batteries are relatively expensive and scarce.
IOW: EV battery recycling is lucrative and recycling plastics isnāt.
Additionally EV batteries will have another 10-20 year life as power time-shifting power banks for solar power production after their useful lives as EV batteries.