R
Rick C
Guest
On Monday, January 6, 2020 at 6:14:18 PM UTC-5, bitrex wrote:
I don't think the Bolt is being hurt by the lack of tax credit any more than the Tesla. The bottom line is the Bolt is an ok car with nothing else going for it while the Tesla model 3 is a great car with a lot going for it including a nation wide charging network. Even if you never leave your hometown, you are much less likely to even consider buying an EV if you don't at least have the option of charging readily on trips. The several times I've gone in to talk to Chevy they still don't talk about charging other than a few canned sound bites. One sales man told me it could charge from 20% to 80% in 30 minutes or some time. But he couldn't tell me where it could do that. They only have a level 2 charger at the dealership. Your price is off too.
So you want to compare the base model Bolt to the "average" Tesla???
Not sure what market segment you are putting these cars into. Their price is the same. The Bolt is a SUV sort of shape while the 3 is a typical sedan. Surely you aren't suggesting the Bolt is an economy car!!!?
--
Rick C.
---- Get 1,000 miles of free Supercharging
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On 1/6/20 5:08 PM, Rick C wrote:
On Monday, January 6, 2020 at 3:21:52 PM UTC-5, speff wrote:
On Sunday, 5 January 2020 12:45:19 UTC-5, Rick C wrote:
On Sunday, January 5, 2020 at 6:56:29 AM UTC-5, edward...@gmail.com wrote:
Or rather, I think the plan such as it is, is that for many people the
era of owning a personal automobile is coming to an end. From an
economic standpoint EVs have no future among the 50% of Americans with
per capita household incomes under 31k. The future for them is not
electric cars it's the bicycle.
The future is short range EVs. Since batteries are so expensive, 50 miles EVs are much cheaper to build. Even short range EVs are more than the long range bicycles (5 miles?) anyway.
I know someone with a short range EV. He spends a lot of time here complaining about the cost of charging because he can't bypass the expensive chargers on his longer trips.
No, there is little point in a car with only a 50 mile range. People will buy hybrids rather than such limited battery vehicles. I have driven more than 50 miles in a day with local driving.
Batteries are not cheap, but the cost will be dropping. There are a very few people who will buy such limited vehicles. But mainstream will want something a bit more practical, like 100 mile or 150 mile range. The Nissan Leaf shows such vehicles are not completely impractical until recently being the highest selling EV in the US. But that's all early adopters and neither the Leaf nor the Tesla model 3 accurately reflect what will be mainstream in 10 years as the wider public are buying EVs en masse. I don't really know what EV configuration will be the ultimate winner. I just know it will be an EV.
Meanwhile Bolt sales continue to drop. I'm a bit surprised. I test drove a Bolt and it's not a bad car... at all. With a 200 mile range it's at the top end of your limited range EV. The model 3 is just too much competition for it. That and GM just can't match Tesla in imagination. The Bolt is very much a Chevy and will always be one.
The Bolt is basically a Korean car with a US-made body.
Yep, that's the Chevy part.
"Both GM and Tesla hit the limits of federal tax credits in 2019. It
appears to have had little impact on Tesla, but put a drain on the Bolt.
The transition to the longer-range 2020 model might have been an issue
as well."
It's selling less because without the tax credits it's too expensive for
its target audience, people were driving off in them for like 28 grand
before. You could lease them for 1k down $249/month.
I don't think the Bolt is being hurt by the lack of tax credit any more than the Tesla. The bottom line is the Bolt is an ok car with nothing else going for it while the Tesla model 3 is a great car with a lot going for it including a nation wide charging network. Even if you never leave your hometown, you are much less likely to even consider buying an EV if you don't at least have the option of charging readily on trips. The several times I've gone in to talk to Chevy they still don't talk about charging other than a few canned sound bites. One sales man told me it could charge from 20% to 80% in 30 minutes or some time. But he couldn't tell me where it could do that. They only have a level 2 charger at the dealership. Your price is off too.
The average sale price of a Model 3 is like 45k. And a lease on even a
base trim Model 3 is something like 5k down and $450/month.
So you want to compare the base model Bolt to the "average" Tesla???
The Bolt and all of Teslas products are in two different market
segments. The expiration of the tax credit didn't really hurt the luxury
market segment but it did hurt the economy market segment. Sales of
economy cars are down across the board.
Not sure what market segment you are putting these cars into. Their price is the same. The Bolt is a SUV sort of shape while the 3 is a typical sedan. Surely you aren't suggesting the Bolt is an economy car!!!?
--
Rick C.
---- Get 1,000 miles of free Supercharging
---- Tesla referral code - https://ts.la/richard11209