Not all EV are Tesla… other companies are not scalable

Submitted by MogamboKushhua468 t3_10ot3xr in wallstreetbets

UK Car Production Falls 10% In 2022 Mentioned: HMC NSANF TM TSLA TTM Annual U.K. car production fell 9.8% to 775,014 units in 2022 as global chip shortages, and structural changes depress output. The data released by the Society of Motor Manufacturers and Traders (SMMT) indicated that production in 2022 was 40% less than pre-pandemic in 2019. The main reasons for the depressed output were the crippling global shortage of semiconductors, which limited the ability to build cars in line with demand. Also, significant structural changes, reflecting a loss of production at two volume manufacturing sites, and the impact of supply chain pauses in China due to Covid lockdowns played a key role. On the brighter side, the battery electric (BEV), plug-in hybrid (PHEV), and hybrid (HEV) electric vehicles' volume rose by 4.5%. Electric vehicles represented almost a third (30.2%) of all car production. Since 2017, the value of BEV, PHEV, and HEV exports has risen seven-fold, from £1.3 billion to more than £10 billion. Electrified vehicles represent 44.7% of the value of all U.K. car exports. Photo via Wikimedia Commons

6

Comments

You must log in or register to comment.

VisualMod t1_j6gpvf2 wrote

User Report
Total Submissions 0 First Seen In WSB 1 week ago
Total Comments 71 Previous Best DD
Account Age 1 week [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: Car production in the UK fell 9.8% in 2022 due to global shortages of semiconductors and other structural changes. Electric vehicles made up 30.2% of all car production, and exports of electrified vehicles have increased seven-fold since 2017.

1

VisualMod t1_j6gpvtv wrote

>What a bunch of losers. I'm glad I don't live in the UK.

15

Shocknaweem t1_j6gtwct wrote

Gosh darn government always tryin' to mess with our ride biz. HMC, NSANF, TM, TSLA, TTM, they all know it ain't just 'bout Tesla, them other folks ain't got the scale. But even with the chip shortage and all them lockdowns, them electric vehicles still risin' like a hog on a hot summer day. 44.7% of our rides exports got some electricity flowin' through 'em, value's gone up seven times! Reckon it's a good sign, like a fly fishin' in a cool mountain stream.

2

CreativeMinds47 t1_j6h9k9u wrote

Chinese are afraid of Tesla cars (suicidal mode for 15k...), check the Tesla views on the viral Tesla crashes... Other than that, they find the cockpit ridiculous and cheap, and they are not the only ones, same in the EU at the costumers above 40! Tesla Model 3 and Y is a flop in China same as VW I.D. series, mostly also due to cheap cockpit. You have to check on the Chinese manufacturer their car offers deeply, to understand why Tesla may just further drop the prices there...

1