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EV inventories at 2x industry Avg?
Not sure what to make of this, but thought it was interesting...
https://www.axios.com/2023/07/10/unsold-electric-cars-are-piling-up-on-dealer-lots
Details: The nationwide supply of EVs in stock has swelled nearly 350% this year, to more than 92,000 units.
- That's a 92-day supply — roughly three months' worth of EVs, and nearly twice the industry average.
- For comparison, dealers have a relatively low 54 days' worth of gasoline-powered vehicles in inventory as they rebound from pandemic-related supply chain interruptions.
The intrigue: Hybrid vehicles have much lower inventory levels, supporting Toyota's argument that consumers want a stepping stone to fully electric cars.
- There's a relatively tight 44-day supply of hybrids industrywide, according to Cox....
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Our big unanswered questions about the switch to Tesla-style EV plugs
Our big unanswered questions about the switch to Tesla-style EV plugs | Ars Technica
"And the problem of interoperability is a much greater contributor to EV fast-charging frustrations than a slightly more unwieldy plug." -
More hybrids and less EVs to reduce emissions
https://www.thedrive.com/features/toyota-is-right-we-need-more-hybrid-cars-and-fewer-evs-heres-why
If the ultimate goal is to reduce emissions, wouldn’t this be the best way to do it, given resource and supply constraints?
“It comes down to this: By using its limited battery supply on a small number of (expensive) EVs, the auto industry gets plaudits from investors and the public despite implementing an inefficient decarbonization scheme. It gets to greenwash itself with a handful of flashy products, while in fact not cutting CO2 emissions nearly as much as it could. The numbers strongly suggest that hybridizing as many new cars as possible is more effective, and to increasing degrees as battery technology evolves and supplies hopefully go up. That would allow hybrids to graduate to PHEVs, before being superseded by full EVs where appropriate.”
“So far, the government...
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