SHOPSMART AUTOS – CUSTOMER INFORMATION – NOVEMBER 15, 2020 (PART ONE)
California could join France, Norway and the United Kingdom in banning cars with traditional combustion engines, after Gov. Gavin Newsom’s executive order to end the sale of gas- and diesel-powered vehicles in the Golden State by 2035. But there are plenty of obstacles, including the technical challenges of sourcing raw materials and producing enough batteries and fuel-cells, as well as the need to deliver vehicles consumers will want to buy. “If the government tells you that you can’t build anything other than electric vehicles, consumers will have no other products to choose from,” said Sam Abuelsamid, principal automotive analyst with Guidehouse Insights. “New vehicle sales could drop precipitously, with many people choosing to just drive the the gas- and diesel-powered vehicles they have a lot longer,” he added. So far, battery cars have generated modest sales, barely hitting 2 percent of U.S. demand, according to industry data. Even in California, the epicenter of the American EV market, the figure is just 10 percent. However, there is growing optimism that even without new mandates, sales will surge. At the launch on Wednesday of Volkswagen’s ID.4, its first long-range electric car for the U.S., VW Group of America CEO Scott Keogh said he expects U.S. demand will reach “15 to 20 percent” by 2025, and then “spike up from there.” Guidehouse forecasts sales of hybrids, plug-ins and BEVs will reach 1.13 million this year, 5 million by 2025, and 12.5 million in 2030. The U.S. is far from the leader. China — which is also studying a ban on gas-powered vehicles — is now the world’s largest market for BEVs. From a percentage standpoint, however, demand in Norway has hit as high as 70 percent at times over the last several years. The auto industry has long dragged its feet on the matter of electric vehicles, but now there’s a massive shift under way — and not just from new entrants such as Tesla, Lucid and Rivian. GM CEO Mary Barra said General Motors is on “a path to an all-electric future,” with “20 or more” BEVs planned by 2023. VW, meanwhile, targets 50 by 2025 through its various brands. Even niche players like Rolls-Royce are plugging in. Rolls will show off its first fully electric model before the end of the year, it confirmed this week, an inevitability “if legislation forbids (owners) from driving a combustion-engined car into the center of a city” like Paris, Los Angeles or London, some of the brand’s most important markets, a spokesman for the British marque told Automotive News.Tags: 2019 Subaru Forester Touring, 2020 BMW iX3, 2020 Chevrolet Suburban, 2020 dodge charger, 2020 EQC, 2020 Ford Super Duty, 2020 Honda Pilot, 2020 Kia Optima, 2020 Mercedes Benz, 2020 Nissan Versa, 2020 Subaru WRX STI, Audi SUV, BMW, Brandon K. Hardison, Chevrolet Car, Chevrolet Sonic, Dodge charger, electric vehicles, honda, Honda Pilot, Hyundai SUV, Mercedes Benz, Nissan Rogue, SUV, upcoming car, Volkswagen, Volkswagen Tiguan SEL Premium R-Line, Volvo Car
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