Can Volkswagen resolve their thousands of EV problems and reinvigorate the China business? Or is Tesla accelerating too quickly causing VW to fall further and further behind? Be sure to watch: • Major New Tesla Sodium-Ion Battery Breakthrough: ruclips.net/video/zfwFyImuuDc/видео.html • The Cybertruck is About To Take Over!! ruclips.net/video/bP-CmzIWpwo/видео.html Visit our website themarketisopen.com for instant stock quotes and financial data
Herbert Dies saw the writing on the wall, met with Elon couple times and went to the major owners/shareholders telling them what needed to be done. The owners, managers and unions said NO Herbert was fired (60k/ month pension) Volkswagen are now going to fail Wait and see this year end results!! Japan too is in terrible trouble as they have not embraced EVs A lot of bankruptcies coming worldwide Go Elon, luv what you are doing for humanity
2 micro buses in the 70’s, one green/white and one orange/white, one red/white micro camper special in the 60’s, one small back red, two rabbits, one truck. It’s been a nice ride last 60 years VW, but we’re moving on to a CT early ‘24. Just going with the flow…
The fascinating part is that VW are the best positioned legacy volume automaker in regard to EVs. Toyota in comparison aren‘t even trying. Some of the attainable luxury automakers such as Mercedes, BMW and VW‘s Audi and Porsche brands probably will have a fighting chance if they can actually offer a more luxurious and/or sporty EV experience than Tesla or the Chinese. We‘re in for some interesting times. Get the popcorn and enjoy the show!
All of the German's are in for a Reckoning - The bigger they are, the harder they fall and get recalled. 2023 Porsche Taycan, Audi RS E-Tron GT Recalled For Battery-Fire Risk - According to NHTSA filings, the batteries in Taycans and E-Tron GTs may have insufficient sealant, allowing water ingress. OOPS - not good for snowy and wet winters in Germany or tropical wet Asian countries.
IMO, VW should have gone out of business back in 2015 when it broke the law and programmed its diesel cars to cheat when they did emissions testing, rather than spend the money necessary to make the cars so they would actually pass the tests. They rolled the dice, and they were caught. But no one went to prison, just a slap-on-the-wrist fine (which funded the horrible Electrify America EV charging company). So if they go out of business, it just means that karma's a b_tch.
The actual giant IC manufacturers are in trouble because they should transform their companies while the others new EV manufacturers shouldn’t ,because they are new…This is the big difference that the IC companies don’t understand it.. The big commitments that IC manufacturers has, the new ones haven’t…Hundred thousands of Workers,unions,Bank Credits,old fashion concepts,Board Directorates full of old men, the new ones don’t have…Did you get,how big is the disaster ?😩😩😩
Let’s see, rapidly losing EV market share due to inferior products, losing ICE sales, years behind in the new manufacturing technologies required to make compelling affordable EVs, no software skills, 100s of billions in what will soon become worthless ICE assets, an enormous debt pile…yup, they’re screwed.
VW has no chance. If they were humble and admitted that they struggle to even do basic stuff, they might be able to learn. With current hubris, talking about leadership and wanting to introduce several new platforms and a pletora of models while having an unfathomable debt, they will fail spectacularly.
I would refrain from predicting world-wide success for Chinese automakers. They have the China market and not much else. US tariffs keep Chinese automakers out of the US, and the EU is about to slap big tariffs on Chinese automakers because of exorbitant state subsidies. Even in China, Tesla is the leading BEV manufacturer. BYD is a distant second, unless you count their hybrids. Which are ICEVs. Hybrids are not the future. German automakers will still have life for their ICEVs for some years to come. But their electrification efforts lag badly, especially in price/value ratio and software. The danger is from Tesla. Legacy automakers will shrink. Which will make their debts hard to service. Will German automakers survive? I really don't know. Maybe if they partner with Tesla. I don't think they can make it to 2030 without a lot of help - and not just help from the German government. Throwing money at the problem won't save them.
The US not only keeps Chinese vehicles out of the American market, it’s actively working to get much of the EV supply chain out of China. There’s a battle in Washington to see which political party can be most anti-China.
Agree. Teslas massive sales ramp up represent lost sales that would otherwise go to established companies. And one should not dismiss some of the others - not merely BYD which will get significant global market share (even if not in the US) but also some emerging ones like Vinfast (Vietnam) and we should expect some vehicles from India as well. While xerox may have invented the copier and Kodak film photography, neither were able to successful pivot from old models. I suspect the majority of established OEMs could experience the same fate given internal political struggles and lack of risk taking of established firms
@@Spp235. There are three disruptions, not one, affecting the auto industry: electrification, AI, and innovative production methods. Vinfast and Chinese automakers and Indian automakers could conceivably keep pace with the first (electrification). The third disruption is harder - it's capital-intensive and requires top engineers to keep up. But it's the second disruption that will stump them. None of those automakers has even the beginning of a clue. And there are no vendors able to help them. Real-world AI really only exists at Tesla. They have the data, the workflow, the compute cycles, the sensors, the low-wattage on-board neural net computers, the top experts. Nobody else does. No doubt BYD can insinuate itself into third world markets by selling dumb cars, but Europe is poised to exclude them. The US already has. I'm not betting on any automaker but Tesla finding much success in the market that is developing. And its partners. Thus far, Tesla has no partners. That will change. Without Tesla's tech, there won't be many places for rivals to hide.
Having owned a VW before, I wasn't about to get fooled this time. Customer relations? What an idea! They have gotten away with so much for so long, that it's about time the consumer has had enough of VW. Plus, modern day companies develop and produce their cars much faster and less expensively. But they always come out on top, somehow.
I was burned with a Jetta. On the California heat, parts of the dashboard and door trim kept coming off. Never had this issue with Honda, Toyota, Chevy, Nissan cars and trucks I've owned.
The metrics are not as complex as dojo computers, people buy cars that look sexy that are comfortable and handel well. Its not fully ladgical but very emotional experience.
VW and others could avoid many of the integration bugs by not integrating so much in the first place. I every much like having dedicated physical controls for most major functions in a normal car which I can use by feel.
Yep, VW is in serious trouble and it will only get worse. They simply don't produce a compelling EV vehicle and haven't been able to solve their software problems and OTA updates. Firing Herbert Deiss was a huge mistake IMHO as he gets it and was trying to get VW moving in the right direction.
No they won’t resolve it. Your second question is a frame-of-reference parable. Tesla moves at their pace. It’s not their fault legacy, with their walkers and wheelchairs, can’t keep up.
VW are still aiming for the luxury and upmarket customers, if they don't have a car to replace their great E-Up! small car, what's needed, the the next Tesla, their small city Tesla, then VW will collapse.
Ultimately the long term effectiveness of a business depends on it having a culture that gives sufficient importance to the long term. I see no evidence of this in vw
The Volkswagen cars are not quality at all. The VW transporters are very bad. There is not one transporter which do not need a motor change at 70.000 kms. Unbelievable that this company still exists.....
VW will continue to chase their 1,000 cuts while Tesla continues to lower their costs and net more and more market share. There ARE no good EVs on the road other than Tesla. (If you want efficiency, style, comfort, great tech, and reliability.)
VW waited way to long to get serious about the EV market… hoping that Tesla would eventually go broke. Their fatal error was giving Elon Musk 10 years to build his team of Artificial Intelligence genius’s to completely transform how car are designed, engineered and manufactured. Now they have absolutely no chance of ever catching up because they are deeply in debt and can’t afford to hire AI engineers. So they will end up being a licensed customer of Tesla. They will end up as just a final assembly plant putting their body and interior over the Tesla frames.
@@sbl17jackson37 Elon has already said he’s willing to license Tesla’s EV technology to anyone. That means they will need to buy the hardware and software to make it all work.
I don't get why these companies are still trying to prioritize self driving, which is still a long way away and might not be the selling point that these companies think, not to mention the liability they'd be opening themselves up to. Smart money would be getting a jump on the next battery technology and reduced cost of manufacturing that would come with it. They could then expand to accessory and after market features that could keep revenue coming in after the initial sale. Tesla has already moved to that phase and setting new standards while VW is still trying to make cars that are literally undrivable.
Because once one has it, it will be a major advantage over the others. As for a long ways off, that's so hard to call as to be meaningless. What liability?
@TheEvilmooseofdoom I'll start with liability: if my dog gets run over by a self driving car, I'm going after the one responsible. If there was a driver, I'd want compensation from them. As far as a self driving car goes, the driver is the company's software. Self driving cars have been in development for decades, and while visual recagnition software exists, it's too slow to respond to real-time events. Not to mention the number of variables that would need to be considered for the training sets and dealing with unkowns or abnormal conditions. For example, a self driving taxi approaches water in the road, how would it know how deep it is or know if it should attempt to cross or not? Besides, once software like this hits the market, it wouldn't take long for others to reverse engineer it. Not to mention that the novelty probably won't last long enough to get a return on the decades of sunk cost as it is.
@@gregrehkemper8196politely I'd say you haven't thought through all the ramifications of self driving... It gives back a think you can't buy... Time... Sleep, and watch a movie, and work - what ever you want... Just imagine no more drink driving... Imagine what it will meant just to restaurants when people don't have to worry about having a bottle of wine or more... It will be a life game changer..... O and no parking problems - get dropped at the door and tell the car to go park at a supermarket
@shiningone3538 that's the thing, one or 2 kids getting run over and all of a sudden it's not such a great idea to not pay attention. How would you feel if you say pilots sleeping in the cockpit? Probably not too good about it, I'd guess. Difference is, there are way fewer things to hit in the sky and autopilot on planes has been around for years. Besides, people like driving. You could get all those benefits by taking a taxi or mass transit without the risks.
I think VW is still a player, but not the top dog anymore. They have decent BEVs and a large global presence that not only makes EVs, but many more ICEVs. They say they will do more EVs, however if they find they are in trouble, they will push more ICEVs for sure. It's true they have not really embraced an all-electric future of course like Tesla has done, or BYD is doing to a degree. Remember that the EV marketplace is huge...only about 10.5 million plug-ins sold globally in 2022 compared to about 70 million LDVs. This year there should be plug-in growth globally as the LDV market for ICE has declined and the piece of the market for plug-ins will grow a bit, prob to about 14-15%. So that leaves a huge market for all OEMs to sell 5 million EVs a year in, at least. I agree VW has had some issues getting their electrification really selling, with software problems and more importantly, up to a year waitlists for cars. Consumers won't wait that long anymore so they really need to crank up production and get even better economies of scale. VW is a huge company, about 9 million vehicles sold last year globally, with over 100 plants and a workforce of over 600,000. I think they can get better at electrification and think they will. Bankrupt and other nonsense spouted, no way Jose.
It's a marathon, and that means you can make shitty cars at a slower rate than your competition, and hope that they miraculously die so you can end up finishing the race... at some point. :))
The Volkswagen group is amazing!Everybody wants a ID2 or the EV GTI!They have so many mindblowing great amazing modells in their pipeline,its like Birthday Christmass and Eastern together!
I agree with everything you said, but would like to add that one very possible reason why VW and Toyota are holding back with EVs is that existing batteries such as LMC and LFPs require long charging times and extensive cooling requirements. CATL was the first to produce LFPs with are safer and less expensive than LMCs. Now they are adding manganese to LFPs to increase range and reduce charging times. And they are selling sodium batteries that go even farther with less charging times and at less expense. Maybe VW and Toyota are waiting for this next generation of safe, fast charging, easier to cool, and less expensive batteries before building their own EVs.
Can Volkswagen resolve their thousands of EV problems and reinvigorate the China business? Or is Tesla accelerating too quickly causing VW to fall further and further behind? Be sure to watch:
• Major New Tesla Sodium-Ion Battery Breakthrough: ruclips.net/video/zfwFyImuuDc/видео.html
• The Cybertruck is About To Take Over!! ruclips.net/video/bP-CmzIWpwo/видео.html
Visit our website themarketisopen.com for instant stock quotes and financial data
Hubris chickens c’mn home to roost.
Herbert Diess was spot on. I hope VW can survive but they have left their transition too late and are too slow.
They cannot survive
I have never seen a compelling EV from VW. I don't think that will change.
Updated id.3 gtx? Id.gti? Id.x performance version of the id.7 gtx?
the ID are lackluster. whatever the badhe says. owning a tesla and an enyaq.
Herbert Dies saw the writing on the wall, met with Elon couple times and went to the major owners/shareholders telling them what needed to be done.
The owners, managers and unions said NO
Herbert was fired (60k/ month pension)
Volkswagen are now going to fail
Wait and see this year end results!!
Japan too is in terrible trouble as they have not embraced EVs
A lot of bankruptcies coming worldwide
Go Elon, luv what you are doing for humanity
A badly burned consumer will not return to the brand. I speak from personal VW burn experience.
Never been to Tesla but never ever left a stearlership happy. The times, they are a changin'.
@@andyonions7864
I've driven a Model Y Performance. Suggest you schedule a pitch-free test drive.
So disappointed
Buy the best vehicle you can afford. I’ve had 3 crap VW’s but would still consider a new one if they were well reviewed and at a good price point.
2 micro buses in the 70’s, one green/white and one orange/white, one red/white micro camper special in the 60’s, one small back red, two rabbits, one truck. It’s been a nice ride last 60 years VW, but we’re moving on to a CT early ‘24. Just going with the flow…
The fascinating part is that VW are the best positioned legacy volume automaker in regard to EVs. Toyota in comparison aren‘t even trying.
Some of the attainable luxury automakers such as Mercedes, BMW and VW‘s Audi and Porsche brands probably will have a fighting chance if they can actually offer a more luxurious and/or sporty EV experience than Tesla or the Chinese.
We‘re in for some interesting times. Get the popcorn and enjoy the show!
At least two European car companies will go bankrupt in the next 5 years. I'm thinking VW or Audi and BMW.
Great focus🎉d overview! Than you!
All of the German's are in for a Reckoning - The bigger they are, the harder they fall and get recalled. 2023 Porsche Taycan, Audi RS E-Tron GT Recalled For Battery-Fire Risk - According to NHTSA filings, the batteries in Taycans and E-Tron GTs may have insufficient sealant, allowing water ingress. OOPS - not good for snowy and wet winters in Germany or tropical wet Asian countries.
9:01 How to say you're dead, without saying you're dead: use CSS in your slideshows that are supposed to let people know how far you've come. 🤣
LOL
IMO, VW should have gone out of business back in 2015 when it broke the law and programmed its diesel cars to cheat when they did emissions testing, rather than spend the money necessary to make the cars so they would actually pass the tests. They rolled the dice, and they were caught. But no one went to prison, just a slap-on-the-wrist fine (which funded the horrible Electrify America EV charging company). So if they go out of business, it just means that karma's a b_tch.
Legacy automakers are doomed! They are digging their own hole and have no idea what is happening!
Firing Herbert was a huge mistake.
As always, excellent analysis, and yes, a day of reckoning is coming for Legacy auto
The actual giant IC manufacturers are in trouble because they should transform their companies while the others new EV manufacturers shouldn’t ,because they are new…This is the big difference that the IC companies don’t understand it.. The big commitments that IC manufacturers has, the new ones haven’t…Hundred thousands of Workers,unions,Bank Credits,old fashion concepts,Board Directorates full of old men, the new ones don’t have…Did you get,how big is the disaster ?😩😩😩
Did you mean ICE?
@@ctuna2011 yes
Most people dont want autonomous cars. They want a reliable affordable car.
Very informative and well presented update on the electric car market
Let’s see, rapidly losing EV market share due to inferior products, losing ICE sales, years behind in the new manufacturing technologies required to make compelling affordable EVs, no software skills, 100s of billions in what will soon become worthless ICE assets, an enormous debt pile…yup, they’re screwed.
All the BS that they talk about now is just for the investors.
Exactly
I CHOOSE THE MAN WHO LAUNCHES AND LANDS SPACE SHIPS, to build my vehicles... !
VW has no chance. If they were humble and admitted that they struggle to even do basic stuff, they might be able to learn. With current hubris, talking about leadership and wanting to introduce several new platforms and a pletora of models while having an unfathomable debt, they will fail spectacularly.
I would refrain from predicting world-wide success for Chinese automakers. They have the China market and not much else. US tariffs keep Chinese automakers out of the US, and the EU is about to slap big tariffs on Chinese automakers because of exorbitant state subsidies.
Even in China, Tesla is the leading BEV manufacturer. BYD is a distant second, unless you count their hybrids. Which are ICEVs. Hybrids are not the future.
German automakers will still have life for their ICEVs for some years to come. But their electrification efforts lag badly, especially in price/value ratio and software.
The danger is from Tesla.
Legacy automakers will shrink. Which will make their debts hard to service.
Will German automakers survive? I really don't know. Maybe if they partner with Tesla. I don't think they can make it to 2030 without a lot of help - and not just help from the German government. Throwing money at the problem won't save them.
The US not only keeps Chinese vehicles out of the American market, it’s actively working to get much of the EV supply chain out of China. There’s a battle in Washington to see which political party can be most anti-China.
Agree. Teslas massive sales ramp up represent lost sales that would otherwise go to established companies. And one should not dismiss some of the others - not merely BYD which will get significant global market share (even if not in the US) but also some emerging ones like Vinfast (Vietnam) and we should expect some vehicles from India as well. While xerox may have invented the copier and Kodak film photography, neither were able to successful pivot from old models. I suspect the majority of established OEMs could experience the same fate given internal political struggles and lack of risk taking of established firms
@@Spp235. There are three disruptions, not one, affecting the auto industry: electrification, AI, and innovative production methods.
Vinfast and Chinese automakers and Indian automakers could conceivably keep pace with the first (electrification).
The third disruption is harder - it's capital-intensive and requires top engineers to keep up.
But it's the second disruption that will stump them. None of those automakers has even the beginning of a clue. And there are no vendors able to help them. Real-world AI really only exists at Tesla. They have the data, the workflow, the compute cycles, the sensors, the low-wattage on-board neural net computers, the top experts. Nobody else does.
No doubt BYD can insinuate itself into third world markets by selling dumb cars, but Europe is poised to exclude them. The US already has.
I'm not betting on any automaker but Tesla finding much success in the market that is developing.
And its partners.
Thus far, Tesla has no partners. That will change. Without Tesla's tech, there won't be many places for rivals to hide.
Having owned a VW before, I wasn't about to get fooled this time. Customer relations? What an idea! They have gotten away with so much for so long, that it's about time the consumer has had enough of VW. Plus, modern day companies develop and produce their cars much faster and less expensively. But they always come out on top, somehow.
I was burned with a Jetta. On the California heat, parts of the dashboard and door trim kept coming off. Never had this issue with Honda, Toyota, Chevy, Nissan cars and trucks I've owned.
The metrics are not as complex as dojo computers, people buy cars that look sexy that are comfortable and handel well. Its not fully ladgical but very emotional experience.
always great reporting
Its not reporting,its bullshitting!
Mi gran genio bellos ❤🎉
VW and others could avoid many of the integration bugs by not integrating so much in the first place. I every much like having dedicated physical controls for most major functions in a normal car which I can use by feel.
VW has so much debt that it may be over before it starts.
Yep, VW is in serious trouble and it will only get worse. They simply don't produce a compelling EV vehicle and haven't been able to solve their software problems and OTA updates. Firing Herbert Deiss was a huge mistake IMHO as he gets it and was trying to get VW moving in the right direction.
No they won’t resolve it. Your second question is a frame-of-reference parable. Tesla moves at their pace. It’s not their fault legacy, with their walkers and wheelchairs, can’t keep up.
I passed 3 ID vehicles in my Tesla while listening to this video. It must be a sign!
VW are still aiming for the luxury and upmarket customers, if they don't have a car to replace their great E-Up! small car, what's needed, the the next Tesla, their small city Tesla, then VW will collapse.
Ultimately the long term effectiveness of a business depends on it having a culture that gives sufficient importance to the long term. I see no evidence of this in vw
👍
this guy is shorting VW 😂
Everyone should
VW doesn't stand a chance.
The Volkswagen cars are not quality at all. The VW transporters are very bad. There is not one transporter which do not need a motor change at 70.000 kms. Unbelievable that this company still exists.....
VW will continue to chase their 1,000 cuts while Tesla continues to lower their costs and net more and more market share.
There ARE no good EVs on the road other than Tesla. (If you want efficiency, style, comfort, great tech, and reliability.)
VW waited way to long to get serious about the EV market… hoping that Tesla would eventually go broke.
Their fatal error was giving Elon Musk 10 years to build his team of Artificial Intelligence genius’s to completely transform how car are designed, engineered and manufactured.
Now they have absolutely no chance of ever catching up because they are deeply in debt and can’t afford to hire AI engineers. So they will end up being a licensed customer of Tesla. They will end up as just a final assembly plant putting their body and interior over the Tesla frames.
They all sat around for 10 years banking that Tesla would fail.
They will have to use Xpeng or BYD's platform to make their EV's because their EV technology is far too inferior to Tesla's.
@@sbl17jackson37 Elon has already said he’s willing to license Tesla’s EV technology to anyone. That means they will need to buy the hardware and software to make it all work.
Re: VW’s Litany of Fails. Hubris chickens c’mn home to roost.
13 times less….
Who talks like this? 🙄
The sooner VW is shuttered the better!!
Would musk consider a CEO position if offered the reigns and full control?
Probably not given there are no factories for talented engineers.
would you accept to lead a junk bin?
The Big Dirty Cheater goes down, we laugh
VW the diesel cheaters !
Neine neine..neine. i predict a V.W. badged Tesla, eventually, at the most.....
I don't get why these companies are still trying to prioritize self driving, which is still a long way away and might not be the selling point that these companies think, not to mention the liability they'd be opening themselves up to. Smart money would be getting a jump on the next battery technology and reduced cost of manufacturing that would come with it. They could then expand to accessory and after market features that could keep revenue coming in after the initial sale. Tesla has already moved to that phase and setting new standards while VW is still trying to make cars that are literally undrivable.
Because once one has it, it will be a major advantage over the others. As for a long ways off, that's so hard to call as to be meaningless. What liability?
@TheEvilmooseofdoom I'll start with liability: if my dog gets run over by a self driving car, I'm going after the one responsible. If there was a driver, I'd want compensation from them. As far as a self driving car goes, the driver is the company's software. Self driving cars have been in development for decades, and while visual recagnition software exists, it's too slow to respond to real-time events. Not to mention the number of variables that would need to be considered for the training sets and dealing with unkowns or abnormal conditions. For example, a self driving taxi approaches water in the road, how would it know how deep it is or know if it should attempt to cross or not? Besides, once software like this hits the market, it wouldn't take long for others to reverse engineer it. Not to mention that the novelty probably won't last long enough to get a return on the decades of sunk cost as it is.
@@gregrehkemper8196politely I'd say you haven't thought through all the ramifications of self driving... It gives back a think you can't buy... Time... Sleep, and watch a movie, and work - what ever you want... Just imagine no more drink driving... Imagine what it will meant just to restaurants when people don't have to worry about having a bottle of wine or more... It will be a life game changer..... O and no parking problems - get dropped at the door and tell the car to go park at a supermarket
@shiningone3538 that's the thing, one or 2 kids getting run over and all of a sudden it's not such a great idea to not pay attention.
How would you feel if you say pilots sleeping in the cockpit? Probably not too good about it, I'd guess. Difference is, there are way fewer things to hit in the sky and autopilot on planes has been around for years. Besides, people like driving. You could get all those benefits by taking a taxi or mass transit without the risks.
I think VW is still a player, but not the top dog anymore. They have decent BEVs and a large global presence that not only makes EVs, but many more ICEVs. They say they will do more EVs, however if they find they are in trouble, they will push more ICEVs for sure. It's true they have not really embraced an all-electric future of course like Tesla has done, or BYD is doing to a degree. Remember that the EV marketplace is huge...only about 10.5 million plug-ins sold globally in 2022 compared to about 70 million LDVs. This year there should be plug-in growth globally as the LDV market for ICE has declined and the piece of the market for plug-ins will grow a bit, prob to about 14-15%. So that leaves a huge market for all OEMs to sell 5 million EVs a year in, at least.
I agree VW has had some issues getting their electrification really selling, with software problems and more importantly, up to a year waitlists for cars. Consumers won't wait that long anymore so they really need to crank up production and get even better economies of scale. VW is a huge company, about 9 million vehicles sold last year globally, with over 100 plants and a workforce of over 600,000. I think they can get better at electrification and think they will. Bankrupt and other nonsense spouted, no way Jose.
VW is reducing the EV production, fire workers, turn down workshifts.
EV s will never match ice s in convenience ,
When they have 1,000 or 2,000 miles of range?
To compete with Tesla, VW must emulate everything that Tesla does. What are the chances that will happen?
It's a marathon, and that means you can make shitty cars at a slower rate than your competition, and hope that they miraculously die so you can end up finishing the race... at some point. :))
The Volkswagen group is amazing!Everybody wants a ID2 or the EV GTI!They have so many mindblowing great amazing modells in their pipeline,its like Birthday Christmass and Eastern together!
I agree with everything you said, but would like to add that one very possible reason why VW and Toyota are holding back with EVs is that existing batteries such as LMC and LFPs require long charging times and extensive cooling requirements. CATL was the first to produce LFPs with are safer and less expensive than LMCs. Now they are adding manganese to LFPs to increase range and reduce charging times. And they are selling sodium batteries that go even farther with less charging times and at less expense. Maybe VW and Toyota are waiting for this next generation of safe, fast charging, easier to cool, and less expensive batteries before building their own EVs.
Others are already USING these batteries.
Why waiting even longer?
The new ID7 is better than any Tesla. Wake up.
I guess the market will let us know. Oh wait, that's reality and you probably don't like that.
@@TheEvilmooseofdoom err... you may be right, but how do you know that before the vehicle is on sale ? Please respond !
@@NisseOhlsen follow your own logic. A vehicle not in customers hands is better than the world's best selling evs. 🤣
@@4literv6 because it's the production version. And it's better than anything anybody else has to offer. Should be easy.
@@TheEvilmooseofdoom want to buy the inferior car? Go ahead.
I don't like your reading voice
Coal powered Chinese Evs