US EV Gross sales Up 143%, Walmart Electrical Semis, & Low-cost Electrical Automobiles — High Cleantech Information


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The previous week or two has included a number of authentic CleanTechnica studies that I believe are particularly noteworthy and enjoyable to look via — in any other case, I wouldn’t spend a lot time making them. There have been additionally some scorching information tales and a few engaging takes on what’s to come back. Let’s dive in.

1. Initially, US full electrical automobile (BEV) gross sales had been up 143% within the third quarter of 2023 in comparison with the third quarter of 2021. Anybody who tells you the BEV market isn’t rising or demand isn’t sturdy is both silly or biased — don’t be fooled! The Tesla Mannequin Y and Mannequin 3 nonetheless dominate gross sales, accounting for 50% of US BEV gross sales, however there have been additionally notable performances from the Chevy Bolt, Rivian’s EVs, the Ford Mustang Mach-E, the Hyundai IONIQ 5, and the Volkswagen ID.4.

2. Truly, in case you take a look at gross sales from a relative foundation (which regularly makes extra sense), the story modifications a bit. Audi, Volkswagen, Mercedes, and Porsche lead the cost by way of share of their auto gross sales which might be BEV gross sales. In truth, although, these 4 manufacturers had been the one manufacturers that had been above the ten% marker within the USA.

If you happen to take a look at the identical factor from an OEM/auto group perspective, Volkswagen Group (12.1%) and Mercedes (11.6%) come out on high as the one corporations above 10%.

I really like the charts above for understanding what’s happening frequently, nevertheless it’s nonetheless helpful at occasions to focus extra on which manufacturers/teams see essentially the most quantity gross sales total. Doing that, Tesla, Ford, Hyundai, Chevrolet, and Rivian rise to the highest.

3. One might imagine the entire auto business is up lots and low cost BEV gross sales progress, however the US auto business is definitely nonetheless down 8% in comparison with 2019, and it’s simply up 16% in comparison with final 12 months (in all circumstances right here, I’m evaluating Q3).

4. Whereas Tesla is sort of dominant within the US BEV market and several other different markets, its avenues for large automobile gross sales progress are tight and narrowing. Nonetheless … the Tesla Optimus bot could bust open the expansion ceiling for Tesla once more. I’m satisfied it should.

5. One CleanTechnica reader highlighted two enormous milestones within the EV world: Tesla only recently handed 5 million cumulative gross sales and China handed 20 million cumulative EV gross sales.

6. General, a latest BloombergNEF report on electrical autos discovered but once more that EV gross sales have been rising quicker than BloombergNEF, Exxon, BP, OPEC, and others have been forecasting. Who would’ve thought? (Oh yeah, most CleanTechnica readers!)

7. A part of this sturdy EV gross sales progress is as a result of electrical automobile costs have gotten a lot nearer to traditional automobile costs. The “EV premium” has dropped from greater than 30% to lower than 10% previously 12 months!

8 & 9. As two examples of how aggressive EVs are getting, we’ve just lately revealed tales on how you would get a Ford F-150 Lightning for simply $37,000 in Colorado and will get a Tesla Mannequin 3 for simply $20,000 in New Jersey. Each tales include some footnotes, however these low costs are uplifting nonetheless.

10. The unlucky information is that simply 10 BEV fashions will qualify for the total US EV tax credit score ($7,500) beginning in January 2024. That’s going to harm EV competitiveness and demand for a bit within the first half of 2024.

11. I don’t know the right way to create a segue for this one, however the new “golden battery” the Zeekr 007 will use, and its superfast charging that may add 500 km (311 miles) of driving vary in quarter-hour, is a giant step ahead in EV batteries. Kudos to Zeekr for getting it executed and main the best way but once more.

12. Returning to that latest BloombergNEF report on electrical autos, the crew discovered that BEVs are already slicing oil demand by about 1.8 million fashions per day. What’s particularly attention-grabbing right here, although, is that electrical two-wheelers and three-wheelers have been slicing oil us greater than electrical automobiles or vans!

13. Talking of electrical two-wheelers, I really like this 248-mile electrical cargo bike! Anybody getting that bike for Christmas is a fortunate dude or gal!

14. Final however not least, Walmart has adopted its first three electrical semi truck trailers. The retail big plans to have a 100% electrical fleet ultimately. Sooner quite than later can be nice!

That’s my listing of the 14 largest tales of the previous couple of weeks. Which tales or op-eds would you placed on the listing?

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