Australian (ASX) Stock Market Forum

Electric cars?

Would you buy an electric car?

  • Already own one

    Votes: 10 5.1%
  • Yes - would definitely buy

    Votes: 43 21.8%
  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.6%
  • Maybe - preference for neither, only concerned with costs etc

    Votes: 37 18.8%
  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 25 12.7%
  • No - would never buy one

    Votes: 14 7.1%

  • Total voters
    197
Germany is in recession.
And EV are not ROI otherwise people would fight for them to save money
One thing i found interesting while in Italy France:
You as retail do not buy EVs, you lease them meaning you take a 3,5,7 y lease which means you do not care about resale value, battery dying or all the other buggers.
Which means you are buying purely on costs/roi & convenience
It was hard to actually find an EV full purchasing price, never mentioned in ads.

Note..i know, i am sure you can find a tesla pricing on a website.
Range is quite relative as well when you can leave work on friday arvo in paris and party in the evening in Cologne
So EU is a special market
I expect the same in Germany
And the second fact to consider is than bmw and mercs are std cars in germany.
Not luxury
A factory blue collar catpark is mostly bmw/merx
So tesla or ice, high end features will be similar for most
Hope it helps
 
and?
As the article states, German car sales in general are down 1% on 2023.
EV,s are down 13z.
Its not the recession that cut sales.
Mick

Ok, I read differently but there are always many reasons.

Dirk Kaufmann
01/02/2025January 2, 2025
The German auto industry was in crisis mode last year, amid stuttering sales of electric vehicles in Europe and falling demand for fossil-fuel-driven cars in China. Will it survive another year in the doldrums?​
Going into 2025, the German economy remains stuck in recession, with a crisis in the country's all-important automotive industry significantly contributing to the downturn.​
Europe's biggest carmaker, Volkswagen (VW), for instance, is planning to cut thousands of jobs in Germany over the next few years.Mass layoffs are also on the horizon at other German automakers, affecting many of the industry's multiple suppliers.​
The current state of affairs in the German car industry is plain to see for everyone, but opinions diverge when it comes to identifying the causes of the crisis...........​
 
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