Notices
Car Chat General discussion about Lexus, other auto manufacturers and automotive news.
Sponsored by:
Sponsored by: Innova

EV Price Wars Thread

Thread Tools
 
Search this Thread
 
Old Mar 20, 2023 | 01:07 PM
  #121  
bitkahuna's Avatar
bitkahuna
CL Community Team
iTrader: (20)
 
Joined: Feb 2001
Posts: 80,844
Likes: 4,018
Default

Originally Posted by AMIRZA786
I actually believe that percentage would be higher if they could produce enough of them. Not to get anecdotal on you, but I know a lot of people who bought a Tesla instead simply because the dealership didn't have the model they wanted and the wait would be 3 to 4 months (Ioniq 5)
i totally agree. hopefully they can do better on supply soon. i'd consider an ioniq 5 to replace my santa fe.

Reply
Old Mar 20, 2023 | 01:14 PM
  #122  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
 
Joined: Nov 2011
Posts: 35,474
Likes: 383
From: ON/NY
Default

Originally Posted by bitkahuna
the headline is the usual silly clickbait growth percentage, and includes plugin hybrids.

cutting through the fluff..

"... this year, the company sold 637,841 vehicles (up 8.5 percent year-over-year)."
"BEVs: 43,278 (up 105%)"


so that actually means 7% of hyundai's sales are ev's.
That’s not a lot. It’s very low. And how many hybrid Hyundais could they make with the battery resources they using to make expensive cars?
Reply
Old Mar 20, 2023 | 08:13 PM
  #123  
ST430's Avatar
ST430
Thread Starter
Pole Position
20 Year Member
Photogenic
Community Favorite
 
Joined: Jul 2001
Posts: 2,376
Likes: 219
From: Silicon Valley
Default

BMW M Expects EVs To Outsell ICE And PHEV Combined By 2028


https://www.bmwblog.com/2023/03/19/b...combined-2028/

Yup, demand has softened 👀👀😁😁
Reply
Old Mar 20, 2023 | 08:34 PM
  #124  
Motorola's Avatar
Motorola
Lexus Test Driver
5 Year Member
Photogenic
Photoriffic
Liked
 
Joined: Mar 2020
Posts: 5,482
Likes: 89
From: N/A
Default

Originally Posted by LexsCTJill
That’s not a lot. It’s very low. And how many hybrid Hyundais could they make with the battery resources they using to make expensive cars?
7% of the third largest car manufacturer in the world is "not a lot"? lol

That article also doesn't mention Kia, so the # of EV's sold is in actuality about double.
Reply
Old Mar 20, 2023 | 09:14 PM
  #125  
AMIRZA786's Avatar
AMIRZA786
Lexus Champion
5 Year Member
Photogenic
Liked
Loved
 
Joined: Oct 2019
Posts: 19,729
Likes: 3,768
From: California
Default

Originally Posted by Motorola
7% of the third largest car manufacturer in the world is "not a lot"? lol

That article also doesn't mention Kia, so the # of EV's sold is in actuality about double.
When Blackberry began to lose share from Apple and Android, their first reaction was denial. After that came panic. Acceptance is the last stage, which is always the hardest
Reply
Old Mar 22, 2023 | 02:17 PM
  #126  
AMIRZA786's Avatar
AMIRZA786
Lexus Champion
5 Year Member
Photogenic
Liked
Loved
 
Joined: Oct 2019
Posts: 19,729
Likes: 3,768
From: California
Default

I'm guessing this fits in the EV pricing war because Hyundai has never offered free charging in the past (just some credits)

New Hyundai IONIQ 6 owners will receive two years of free charging from Electrify America


DC fast charging network Electrify America announced its latest complimentary charging program available for EV owners today. Looking ahead, future owners of the upcoming Hyundai IONIQ 6 will receive two years of free 30-minute charging sessions on its network, offering speeds up to 350 kW – perfect for the electric streamliner’s 800V e-GMP platform.

Electrify America operates the largest fast-charging network in North America with businesses in the US and Canada. It currently operates over 800 charging stations, hosting approximately 3,500 chargers, and is investing over $2 billion in EV infrastructure to expand its footprint, consumer education, and charger access.

In addition to its growing footprint of DC fast chargers, Electrify America supports its customers by offering certain opportunities for complimentary charging, like on holidays such as Earth Day, for instance. Furthermore, the network has implemented free charging sessions for new EVs owners with various automakers, including Hyundai with the Kona Electric and IONIQ 5.

Today, EA announced it is expanding its free charging partnership with Hyundai by adding two years of sessions for owners of the upcoming IONIQ 6 streamliner EV.





Hyundai IONIQ 6 will come with two years of free charging

In a press release today, Electrify America detailed its latest complimentary charging program, which will enable Hyundai IONIQ 6 owners to take advantage of two years of unlimited 30-minute sessions from their date of purchase. EA’s current vice president of technology and soon-to-be president and CEO, Rob Barrosa, spoke:
We are excited for a third collaboration with Hyundai to offer customers hyper-fast charging experiences to EV owners. We look forward to helping advance the electric vehicle revolution with leading automakers such as Hyundai and their latest IONIQ 6 model.
IONIQ 6 owners will be some of the few EV drivers that can take advantage of the 350 kW charge speeds certain Electrify America DC fast chargers can provide, thanks to Hyundai Motor Group’s 800V e-GMP platform. Hyundai Motor North America’s vice president of product planning and mobility strategy, Olabisi Boyle, explained:
Our investment in the 800V e-GMP platform that enables DC fast charging aligned with customer research that our customers expect fast charging (10-80% in 18 mins) and high AER (361 miles). Our customer’s experience is further enhanced by our extended partnership with EA that provides complimentary access to the fastest charging network. The best-in-class and ultra-fast charging IONIQ 6 allows our customers to enjoy a fun EV driving experience. The extended partnership with Electrify America continues to provide our customers convenient and complimentary access to the fastest charging, especially on long-distance trips.
In late February, Hyundai shared initial pricing for the IONIQ 6 ahead of its official launch in the US this spring. We will be driving the all-electric streamliner for the first time in Arizona this week, so stay tuned for a full report on that experience.

https://electrek.co/2023/03/21/hyund...trify-america/
Reply
Old Mar 22, 2023 | 02:19 PM
  #127  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
 
Joined: Nov 2011
Posts: 35,474
Likes: 383
From: ON/NY
Default

Weird that they need to toss in free charging as an incentive.
Reply
Old Mar 22, 2023 | 02:38 PM
  #128  
LexBob2's Avatar
LexBob2
Lexus Champion
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Aug 2006
Posts: 12,560
Likes: 279
From: Illinois
Default

Originally Posted by LexsCTJill
Weird that they need to toss in free charging as an incentive.
It seems like a win-win for both EA and Hyundai.
Reply
Old Mar 22, 2023 | 02:41 PM
  #129  
AMIRZA786's Avatar
AMIRZA786
Lexus Champion
5 Year Member
Photogenic
Liked
Loved
 
Joined: Oct 2019
Posts: 19,729
Likes: 3,768
From: California
Default

Originally Posted by LexBob2
It seems like a win-win for both EA and Hyundai.
It is a win-win. 100 percent. They did the same with Polestar, which is one of the reasons I bought one over the upcoming (at that time) Ioniq 5. VW and Audi have been giving 3 years free EA since 2020, Mercedes gives 2 years free for the EQS and their SUV. Nothing unusual

Last edited by AMIRZA786; Mar 22, 2023 at 02:48 PM.
Reply
Old Mar 22, 2023 | 02:53 PM
  #130  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
 
Joined: Nov 2011
Posts: 35,474
Likes: 383
From: ON/NY
Default

Originally Posted by LexBob2
It seems like a win-win for both EA and Hyundai.
It is the new incentive needed to move EVs. Government rebates, plus free charging.
Reply
Old Mar 22, 2023 | 11:05 PM
  #131  
xjokerz's Avatar
xjokerz
Racer
 
Joined: Mar 2019
Posts: 1,535
Likes: 71
From: WA
Default

Originally Posted by LexsCTJill
It is the new incentive needed to move EVs. Government rebates, plus free charging.
I bet there would be a lot fewer EV's on the road if not for free charging and government handouts.
Reply
Old Mar 22, 2023 | 11:33 PM
  #132  
LeX2K's Avatar
LeX2K
Lexus Fanatic
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Sep 2010
Posts: 26,029
Likes: 4,321
From: Alberta
Default

Originally Posted by xjokerz
I bet there would be a lot fewer EV's on the road if not for free charging and government handouts.
Fossil fuel industry is one of the most subsidized in history. Depending on the source, we're talking ~$20 billion per year in the United States alone.
Reply
Old Mar 23, 2023 | 12:33 AM
  #133  
RXSF's Avatar
RXSF
CL Community Team
15 Year Member
Photoriffic
Shutterbug
Community Builder
 
Joined: Aug 2006
Posts: 12,551
Likes: 230
From: San Francisco, CA
Default

Originally Posted by xjokerz
I bet there would be a lot fewer EV's on the road if not for free charging and government handouts.
To the first part of your comment, Tesla's were still selling a lot of vehicles even after they capped out on the government incentives. And to your second part, charging an EV has been much cheaper than filler up tank of gas, so I dont think the free charging is that big of a deal. The problem is not EV demand, it is demand of EVs from legacy automakers that have priced their EVs non competitively. I was looking to purchase a Hyundai Niro before I purchased my Model Y last month, but the Niro had limited stock, and was pricier than expected for being based off of a 25K gas vehicle.
Reply
Old Mar 23, 2023 | 12:44 AM
  #134  
ST430's Avatar
ST430
Thread Starter
Pole Position
20 Year Member
Photogenic
Community Favorite
 
Joined: Jul 2001
Posts: 2,376
Likes: 219
From: Silicon Valley
Default

Congrats on the MY! How do you like it so far?

Originally Posted by RXSF
To the first part of your comment, Tesla's were still selling a lot of vehicles even after they capped out on the government incentives. And to your second part, charging an EV has been much cheaper than filler up tank of gas, so I dont think the free charging is that big of a deal. The problem is not EV demand, it is demand of EVs from legacy automakers that have priced their EVs non competitively. I was looking to purchase a Hyundai Niro before I purchased my Model Y last month, but the Niro had limited stock, and was pricier than expected for being based off of a 25K gas vehicle.
Reply
Old Mar 23, 2023 | 12:48 AM
  #135  
ST430's Avatar
ST430
Thread Starter
Pole Position
20 Year Member
Photogenic
Community Favorite
 
Joined: Jul 2001
Posts: 2,376
Likes: 219
From: Silicon Valley
Default

It's crazy how much is subsidized, but we Americans are oblivious to it since we like our gas cheap. No wonder the rest of the world laughs at us when we get freaked out at a $1/gallon increase at the pump! 🤦




Originally Posted by LeX2K
Fossil fuel industry is one of the most subsidized in history. Depending on the source, we're talking ~$20 billion per year in the United States alone.
Reply



All times are GMT -7. The time now is 08:03 PM.