PLS 3.02% $3.07 pilbara minerals limited

The definitive EV thread. No spin. No BS., page-1049

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    @lesv, we know you like to post cherry-picked EV sales stats in isolation, but when you look at the overall market, what really matters, a different picture is painted.

    What most of us already knew, consumers are pivoting away from EVs.


    VFACTS July 2024: Hybrids star, EVs stall in another record month

    Hybrid sales grew in July as the Toyota RAV4 took the top spot, but EV sales were essentially flat as Tesla posted another double-digit decline.

    6 Days Ago
    5 August 2024, 12:07pm

    Tesla and Polestar no longer report their sales figures to the Federal Chamber of Automotive Industries (FCAI), however their monthly figures were shared with the Electric Vehicle Council.


    Pooling this together, we can see electric vehicle sales fell by 1.5 per cent compared to July 2023, with a total of 6743 EVs were sold.


    Tesla, by far the EV market leader, was down 34.1 per cent on July 2023’s figures.

    Hybrids, in contrast, were up 88.4 per cent to 18,039 sales, while plug-in hybrids were up 128.9 per cent to 2209 sales.

    “Consistent with trends in many overseas markets, sales of hybrid vehicles are up 88.4 per cent and plug in hybrid vehicles are up 128.9 per cent compared with July 2023,” said FCAI chief executive Tony Weber.

    “Sales of battery electric vehicles – with the inclusion of the reported Tesla (2592) and Polestar (103) results – are currently at 6.6 per cent of the market, down from 7.0 per cent in 2023.”

    Tesla and Burn Your Dreams don't even make the top 10 these days. :-(

    https://hotcopper.com.au/data/attachments/6374/6374398-aa5ffa1cf7f4b852313a506b54768b7d.jpg

 
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