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Electric Vehicles Are the U.S. Auto Industry’s Future—If Dealers Can Figure Out How to Sell Them
The Wall Street Journal ^ | March 7, 2021 | Nora Naughton |

Posted on 03/07/2021 8:08:35 PM PST by MinorityRepublican

Car dealer Brad Sowers is spending money to prepare for the coming wave of new electric models from General Motors Co. He is installing charging stations, upgrading service bays and retraining staff at his St. Louis-area dealership to handle the technology-packed vehicles.

But when he considers how many plug-in Chevy Bolts he sold last year—nine, out of the nearly 4,000 Chevrolets sold at his Missouri dealerships—it gives him pause.

“The consumer in the middle of America just isn’t there yet,” when it comes to switching to electric vehicles, he said, citing the long distances many of his customers drive daily and a lack of charging infrastructure outside major cities.

As auto executives and investors buzz about the coming age of the electric car, many dealers say they are struggling to square that enthusiasm with the reality today on new-car sales lots, where last year battery-powered vehicles made up fewer than 2% of U.S. auto sales.

Most consumers who come to showrooms aren’t shopping for electric cars, and with gasoline prices relatively low, even hybrid models can be a tough sell, dealers and industry analysts say.

Auto makers are moving aggressively to expand their electric-vehicle offerings with dozens of new models set to arrive in coming years. Some like GM are setting firm targets for when they plan to phase out gas-powered cars entirely.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Editorial; Your Opinion/Questions
KEYWORDS: autonomousvehicles; chatforum; elonmusk; ev; fakenews; fastcharging; fossilfuelforever; tesla; v8powerbaby
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To: Sirius Lee

“Faggotwagon.”

You own one?


401 posted on 03/09/2021 8:25:27 AM PST by TexasGator (Z1z)
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To: MinorityRepublican

It will be a pain in the ass for apartment dwellers to charge their vehicles.


402 posted on 03/09/2021 8:26:56 AM PST by outpostinmass2 (Y)
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To: TexasGator
You own one?

No, I don't own an EV (faggotwagon). Find someone else to hook up with at the bathhouse.

403 posted on 03/09/2021 8:29:12 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: DallasGal

“Talk about boys (Bulwyf and TexasGator) compensating :)”

Belittling others is the worst case compensation.


404 posted on 03/09/2021 8:30:30 AM PST by TexasGator (Z1z)
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To: Sirius Lee

“Find someone else to hook up with at the bathhouse.”

You sure seem to know more than I do about that ‘side of the street’!

I guess you are already ‘hooked up’.


405 posted on 03/09/2021 8:33:20 AM PST by TexasGator (Z1z)
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To: TexasGator
I guess you are already ‘hooked up’.

Not to a faggotwaggon, that's for sure.

406 posted on 03/09/2021 8:43:49 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: Sirius Lee

“Faggotwagon.”

Appears you realize facts are not on your side?


407 posted on 03/09/2021 8:59:28 AM PST by TexasGator (Z1z)
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To: outpostinmass2

408 posted on 03/09/2021 9:03:17 AM PST by TexasGator (Z1z)
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To: outpostinmass2

409 posted on 03/09/2021 9:05:19 AM PST by TexasGator (Z1z)
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To: outpostinmass2

410 posted on 03/09/2021 9:07:38 AM PST by TexasGator (Z1z)
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To: TexasGator

To quote Foghorn Leghorn, “It was a joke boy you get it? a joke.”


411 posted on 03/09/2021 9:17:26 AM PST by cyclotic (Live your life in such a way that they hate you as much as they hated Rush Limbaugh)
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To: Sirius Lee

Bar or bath house?


412 posted on 03/09/2021 9:18:06 AM PST by TexasGator (Z1z)
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To: cyclotic

I get that you either have never been to The Villages or are misrepresenting the facts.


413 posted on 03/09/2021 9:20:50 AM PST by TexasGator (Z1z)
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To: TexasGator

I get that5 you have absolutely no idea who I am nor where I have traveled. I was there a few days before Christmas 2020.

Try again.


414 posted on 03/09/2021 9:24:29 AM PST by cyclotic (Live your life in such a way that they hate you as much as they hated Rush Limbaugh)
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To: cyclotic

I did put ‘or’ in my post.


415 posted on 03/09/2021 9:26:52 AM PST by TexasGator (Z1z)
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To: TexasGator

How can I misrepresent what I saw with my own eyes?

You aren’t a very good shill for the failed EV industry.


416 posted on 03/09/2021 9:28:56 AM PST by cyclotic (Live your life in such a way that they hate you as much as they hated Rush Limbaugh)
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To: cyclotic

“Because batteries are such an expensive part of the car, resale value is about zero.”

Facts, please ....


This is one reason why Tesla Motors, with a three-vehicle lineup that boasts the most miles per charge among all current EVs, boasts excellent resale values. The top EV in this regard is the popular Tesla Model 3, with a 310-mile range in its Long Range iteration, It’s expected to retain 64.3% of its original worth after three years. That’s within striking distance of the model KBB cites as having the best three-year trade in value among all vehicles, the Toyota Tacoma pickup truck at 69.4%.

The average three-year residual value among all new vehicles, according to KBB, is 51.7%.

https://www.forbes.com/sites/jimgorzelany/2019/03/25/heres-why-electric-car-resale-values-are-on-the-upswing/?sh=2fb141a6af39


417 posted on 03/09/2021 9:34:27 AM PST by TexasGator (Z1z)
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To: cyclotic

“How can I misrepresent what I saw with my own eyes?”

That is an evasive response!


418 posted on 03/09/2021 9:36:48 AM PST by TexasGator (Z1z)
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To: TexasGator

The charging stations pictures you posted have zero cars being charged. Find some better pictures that fits your agenda:~)


419 posted on 03/09/2021 9:38:00 AM PST by EVO X
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To: EVO X

“The charging stations pictures you posted have zero cars being charged. Find some better pictures that fits your agenda:~)”

Duh, most parking spots are empty. They are at work!

You might try it instead of wasting your time!


420 posted on 03/09/2021 9:40:06 AM PST by TexasGator (Z1z)
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