What Changed In The EV Industry In 2018?
The electric vehicle (EV) industry was booming in 2018. It was the most booming year of a booming decade for EVs. Below is a long, long rundown of notables changes in the industry in 2018.
The electric vehicle (EV) industry was booming in 2018. It was the most booming year of a booming decade for EVs. Below is a long, long rundown of notables changes in the industry in 2018.
Honda says it is bringing this cute electric car prototype to Geneva in March. It is a smoothed and polished version of the Urban EV concept the company introduced in Frankfurt in 2017.
Following up on my report on fully electric car sales, I was planning to write a report highlighting the year-over-year growth plug-in hybrids saw in the USA last year.
For today’s article, I’m going to go over all the major areas of each car (Driving Dynamics, Interior, Exterior, Safety, Technology, and Costs), but before I do, I’m going to tell you why I bought a Honda Accord in 1998 and why it was my favorite car (until I bought the Tesla Model 3 last year).
The numbers are in and 2018 turned out to be quite a solid year for electric vehicle sales in the US.
The Tesla Model 3 is turning out to be an electric car that’s seducing car buyers across multiple market segments. According to a CleanTechnica report, “45% of current electric car drivers plan to buy a Tesla next.” Okay, that’s understandable. Non-Tesla EV drivers might be interested in a Tesla. That said, it’s extraordinary how many gas-powered car owners, from vastly different auto segments, are transitioning to Teslas.
To start, let me just put this out there: I’m not claiming Honda’s car sales are collapsing solely because of the Model 3, even though Tesla Model 3 sales totaled ~140,000 in the US in 2018 and two of the top models buyers were coming from were the Honda Accord and Honda Civic. There has to be more to it than that. Right?
The electric car story of the year — nay, the car story of the year — was the Tesla Model 3 taking the industry by storm. Just as we were predicting 3 or 4 years ago, Tesla’s ability to ramp up production of a more affordable, more mass market model is sending chills down other automakers’ spines — or it should be. I’ll revise a famous old quote to explain the ongoing story in a different way:
The big electric vehicles sales stories these days are generally about the Tesla Model 3 walloping the competition. Nonetheless, we like to go back to our roots and explore overall electric vehicle growth at least once a quarter. The problem is that almost all of the positivity comes from Tesla.
The Tesla Model 3, adored by millions of Tesla fans from day one (March 31, 2016), was a lighting bolt in the US car market in 2018. The Model 3 has shown why any remaining Tesla critics should really stop doubting the 21st century car company out of Silicon Valley.