Electric Cars: Profit Like Tesla? – “Unthinkable in the next five years”

Business E-Cars

Profit like Tesla? – “Unthinkable in the next five years”

Tesla Gigafactory Berlin Brandenburg, Grünheide.  The company celebrates sales records Tesla Gigafactory Berlin Brandenburg, Grünheide.  The company celebrates sales records

Tesla Gigafactory Berlin Brandenburg, Grünheide. The company celebrates sales records

Source: dpa/Patrick Pleul

Sales of electric cars are growing worldwide. Elon Musk’s company is on a roll and expects to sell more than 1.3 million units this year. Toyota and Honda are also recording successful sales. German manufacturers, on the other hand, are lagging behind.

DIn the automotive industry, it’s time for intermediate balances again. Corporations such as General Motors, Mercedes-Benz, Ford and Volkswagen will report their quarterly data next week. Almost all will report huge profits despite chip shortages and global crises.

In addition to profit, the focus is on numbers that provide information about future viability. First of all, the number of electric cars sold. Their sales are growing rapidly all over the world, while the sales of cars with gasoline and diesel engines are decreasing.

also read

car manufacturing

currently lying Tesla became the world market leader. Elon Musk’s company by 2022 sold about 908,600 vehicles at the end of September, and experts expect more than 1.3 million.

From Chinese rival BYD amounts to 1.17 million But it also includes plug-in hybrids with electric and internal combustion engines, which account for about half of sales.

also read

Promotional Eurojackpot online

With 366,400 sales of electric cars alone since the start of the year, the Volkswagen Group is well behind Tesla. When measured by the growth of electric mobility, 25 percent. the growth compared to last year appears to be quite modest. Electronic sales numbers are even lower BMW (128,200) and Mercedes-Benz (75,400).

Based on these numbers, Tesla’s advantage in software and IT is linked to a greater manufacturing advantage, says Ferdinand Dudenhöffer of the Center for Automotive Research. Tesla leads with “almost unattainable important economies of scale, i.e. best cost conditions.”

also read

BYD now has a foot in Europe.  This opens up huge market opportunities

E-car market leader

The extremely high profit margins that Tesla achieves with its electric cars are “unthinkable for German car companies in the next five years.” One of the reasons for economies of scale is Tesla’s narrow model range of four vehicles.

Bloomberg analysts expect the manufacturer to sell 760,000 units worldwide in 2022 ModelY will sell Last year, the car would have been the fourth best-selling car in the world, including the internal combustion engine. Last year, the Model 3 was already in the top ten.

Dominated the list so far Toyota and honda. German models are not among the global bestsellers.

Here you will find third-party content

The display of the embedded content requires your revocable consent to the transfer and processing of personal data, as this consent is required by the providers of the embedded content as third-party providers. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the switch to “on”, you agree to this (which can be revoked at any time). This also includes your consent to the transfer of certain personal data to third countries, including the United States, in accordance with Article 49(1)(a) of the GDPR. You can find more information about this. You can withdraw your consent at any time using the switch and privacy at the bottom of the page.

Source link

How Lars Windhorst and Hertha BSC differed
Previous Prices, Interests, Supply: How is the Rems-Murr Real Estate Market? - Rems-Murr district
Next All that glitters is not gold: it could be Bitcoin!