Will Demand for Electric Trucks Continue?

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  • Опубликовано: 2 апр 2024
  • "Do you think consumer demand will be as high for electric trucks as it is for electric crossovers within the next 5 years?" This question from Mike was asked in the "LIVE Car Talk + Q&A Ep. 53" and I thought it was a great question worth reposting for those that didn't see the livestream. If you'd like to watch the full livestream, it can be viewed here: ruclips.net/user/liveNxo3SWb_H1g?...
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Комментарии • 27

  • @Phil99six
    @Phil99six 2 месяца назад +14

    EV sales are down in all segments because the people who wanted them already bought them.
    We’ll see how far the government goes to force people into EVs.

  • @shdwcharger
    @shdwcharger 2 месяца назад +11

    Truck buyers are some of the most diehard and hardest people to convert to anything new, especially those who use their trucks for work

  • @bendues
    @bendues 2 месяца назад +1

    I went from a truck to a Tesla Model Y. Happy with the choice, but would prefer to still have a truck. There aren't any competitive options. Either range is low or price is disgustingly high.

  • @flea4061
    @flea4061 2 месяца назад +2

    What demand?

  • @thatoneotherotherguy
    @thatoneotherotherguy 2 месяца назад +2

    Don't underestimate how many lifestyle truck buyers and certain fleets (like cities) would be totally willing and eager to buy EV trucks. A city near me puts around their trucks in town and moves lawnmowers and such, and they lose two catalytic converters a year PER VEHICLE on average; they would love an expense like that to go away. The percentage of full-size trucks sold that actually live working lives is relatively small. If the price is right, the buyers are there; millions of suburbanites like Accountant Bradley or Point-of-Sale Peter who hit the pavement every day with an empty bed and empty cab. Ford was smart to realize who buys lifestyle trucks, and increasingly who buys half ton trucks, and made the F-150 Lightning independent rear suspension. If demand slips enough, Rivian will drop price again, which will be welcome.
    The Cybertruck was a missed opportunity to do a Rivian better than Rivian. Their 20 kajillion 2019 reservations do not matter--a small fraction of those will actually convert to sales. Midsize EV truck with decent range that fits in a standard garage for $45k has buyers all day long. Until interest rates trend downward, sales of ALL $60k+ vehicles will suffer, as they should.

  • @bradenmchenry995
    @bradenmchenry995 2 месяца назад +1

    Ev trucks will never be used as work vehicles. Only way they could sell well is the high end truck market that only use them as daily’s

    • @davidmccarthy6061
      @davidmccarthy6061 2 месяца назад

      Mostly used as sedans but the majority of work trucks never travel far so electric would be ideal.

  • @im_an_alvani
    @im_an_alvani 2 месяца назад

    I think the market will really split between the lifestyle trucks vs. the tradesman trucks. Rivians and Lightnings will probably continue to gain new customers, but I can't see your average contractor switching over anytime soon. Would love to see the Ridgeline go EV since I think that's the next natural step of progression for an odd duck truck.

    • @MattMaranMotoring
      @MattMaranMotoring  2 месяца назад

      Yeah I agree, and I’d love to see an electric Ridgeline! It’ll probably be a while though since their EVs are still a few years away.

  • @kwilliams3161
    @kwilliams3161 2 месяца назад

    Tradesmen aren’t getting rid of their trucks .

  • @bikebudha01
    @bikebudha01 2 месяца назад

    As with most EVs, they are (currenlty) GREAT as "around town" and "second vehicles". So if you need a truck for that, and EV is a great option. But if you need to take it out of town, get an ICE truck.

  • @doggedlydetermined7022
    @doggedlydetermined7022 2 месяца назад +2

    Electric trucks are basically just an expensive piece of jewelry. Not to be used for actual work

  • @bikebudha01
    @bikebudha01 2 месяца назад +1

    EV Truck vs ICE truck:
    1) Honda Ridgeline. 375 mile range. 10 minutes to fill up. Honda quality/200k mile engine. $45,000. (top trim spec)
    2) Rivian R1T. 280-300 mile range. 20 minutes for 50% charge. Rivian low quality. $83,000 (base model spec)
    -
    The Rivian is a far fancier truck, with a much nicer interior. But it costs TWICE as much. As way less range. Take 2-4 times as long to charge. At the mercy of current terrible charging infrastructure.
    -
    The Honda is what Rivian needs to match, in terms of range, charge time, and price. Until then, only a select few rich people can afford to run a Rivian.

    • @drumnbasssakuga9352
      @drumnbasssakuga9352 2 месяца назад

      Agree with everything except Rivian being low quality lol it's no Tesla

    • @bikebudha01
      @bikebudha01 2 месяца назад

      @@drumnbasssakuga9352 Yeah, it's not as bad as Tesla, but it's nowhere near Honda quality...

  • @whiteandnerdytuba
    @whiteandnerdytuba 2 месяца назад +1

    Stereotypes are there for a reason. Price is too high for ice trucks especially after the 5 figure price jump to subsidize evs and evs are even more expensive on top of that. Ev trucks are a luxury item for making a statement. Most truck buyers can see through the ev bs. Ev are not long term vehicles and people don’t want a truck that won’t last

  • @Beaver-be8vk
    @Beaver-be8vk 2 месяца назад +10

    Demand??? When did this happen? There’s never been demand for electric cars.

    • @bikebudha01
      @bikebudha01 2 месяца назад +1

      Then you've never been in one. They are better in ever way except range/charging/price. Yeah, those are 3 very important ways. But battery tech will get way better. (Remember, your current gas engine in the product of over 100 years of improvements). Charging infrastructure will get better (the more time that goes by, the more charging stations there will be). And "economy of scale" will drive the price down (like it does for every other single product ever produced).

    • @jasonbussey100
      @jasonbussey100 2 месяца назад +2

      And you’ll still need fossil fuel to charge them…..long live internal combustion!! Tesla is quick as all get out though!!

    • @MattMaranMotoring
      @MattMaranMotoring  2 месяца назад +8

      You should check out sales numbers sometime instead of believing headlines.

    • @Beaver-be8vk
      @Beaver-be8vk 2 месяца назад

      @@MattMaranMotoring you do know that sales are counted when the dealer takes delivery, NOT the customer? So basically every electric vehicle ever produced counts as a sale. So all of the 10s of thousands of Lightnings, mach e’s, hummers, lyrics and bolts sitting on dealer lots tell a different story. Sorry, sounds like you need to stop believing the nonsense sold to you by automakers.

    • @MattMaranMotoring
      @MattMaranMotoring  2 месяца назад +6

      Not true, GM banned this practice back in 2022 and I’m not aware of any other car companies that do this. Only about 7,500 new Lightnings are on lots currently nationwide compared to over 55,000 new gas F-150s on lots. Plentiful stock of F-150s was always the norm, now that early adopters have already bought, Lightning stock is now falling in line with usual F-150 inventory levels. There’s 13,000 new Mach-Es, the closest to your claims. Hummer is sitting at just over 1,000 units nationwide, Lyriq around 7,000, and about 1,000 Bolts and Bolt EUVs combined. Meanwhile 268,000 EVs were sold in the first quarter of this year. Even if you add up all the EV dealer inventory and even if companies did count sales before customer deliveries happened, you’re still left with hundreds of thousands of people buying EVs so far this year. That’s demand.

  • @CmPx69
    @CmPx69 2 месяца назад

    I would purchase a good EV truck only if they were affordable.

  • @user-vz9tz3wg4s
    @user-vz9tz3wg4s 2 месяца назад

    The appeal of EV's currently as they stand is that they appeal to people that are fairly well off financially, have a second family "ice" vehicle to go on long driving trips. Trucks pretty much mirror that type of buyer. However, for anyone thinking that they are saving the planet from global warming, please go back into your Igloo. As soon as you have taken one single one way trip on a Jet plane you will have negated all of your efforts to be "green conscious" for up to a year of EV driving. Ev's make up roughly 7% of the driving public in the US. The reliability of the batteries are questionable, it takes still too long for the average working person to charge them, there aren't enough charging stations, battery range degrades in hot and cold weather. And finally, if you are a car enthusiast and you had a choice between a Taycan and a GT3 which vehicle would you choose if space were not an issue? I can't speak for anyone else but for me it would NOT be a Taycan. "Ice" vehicle sound is important to me. Not how fast I can get to 60MPH.

  • @HeyBigChriss
    @HeyBigChriss 2 месяца назад

    I will NEVER buy an EV truck. Ever!

  • @dillonhughes1417
    @dillonhughes1417 2 месяца назад

    I will never willingly buy an ev, driven dozens of various make and model ev....all of them are garbage