An executive of a large carmaker that is very proud of its alternative energy offerings lately sighed into his drink: "If my customers would be anywhere near as interested in green cars as journalists, we would have long ditched the ICE." I am reminded of that sigh when I read the news today. "Americans are buying record numbers of hybrid and electric cars as gas prices climb and new models arrive in showrooms, giving the vehicles their greatest share yet of the U.S. auto market." This according to the Associated Press, and papers from the Washington Post to The Bellingham Herald that reprint it. Really? Let's have a look. I am using data from our sister site Hybridcars.com that has been following the numbers since 2007 with the help of Baum & Associates. If you have issues with the data, don't complain here.
Electric cars are anything but a hot seller. 4,161 cars with a plug changed hands in March, and most have an ICE lurking somewhere. There were 2,289 Volts (ICE lurking) and only 579 ICE free Leafs. The take rate of the plug-in hybrid Prius echoes the disappointed comments I had picked up in Japan. Only 911 plug-in Prii were sold, but 27,800 regular ones. The plug-in idea sounds good, but people are not buying it. Now for the Hybrids. Sure, hybrid sales are twice than what they were in March 2009. But when you compare with March 2008, the jump is not that high. There were 34 hybrids listed in March 2012 for which Hybridcars has data. In 2008, it was eleven. One would expect that three times the hybrid models would make a significant dent into sales.
If you look at the per model data, you see that Hybrids that do not come from Toyota move like molasses. Every second hybrid sold in America is a Prius, and the Prius delivers most of the growth of the hybrid segment. From March 2011 to March 12, sales of the Prius singlehandedly increased more in total units than those of all other 33 hybirds taken together. Let's keep in mind that March was a record month for all car sales. A more meaningful number is market share. Granted, market share for hybrids is "an all time high." A 3.44 percent share compares with a 2.82 percent share four years ago is no reason to announce the impending death of the ICE. Another interesting point: Clean diesels outsold plug-ins by nearly a factor three. 11,642 clean diesels were sold in March, most of them Volkswagens. Unhyped, Volkswagen sold more than twice as many diesel Jettas than Chevrolet sold Volts. The Nikkei [sub] reports that the Germans now even target diesel-averse Japan with their oilburners:
Volkswagen, Daimler and BMW want to change this. Good luck. Speaking of which, the sighing executive was Japanese.
from The Truth About Cars http://www.thetruthaboutcars.com | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sunday, April 15, 2012
Of Hybrid Heights And Other Hypes
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