[TigerMac]

Looks like some kind of electric lock-in situation for VAG, probably incl. Porsche, though Blume said elsewhere he was happy with initial Macan EV order volume...seeing a year of the bean counters ahead...which will certainly impact ICE offerings as well...besides progress in EV technology...

FAZ - Dilemma of VW-Boss Blume


...better watch this to keep up the moral next Starship launch at 7:00 a.m. CT

 

[grim]

FAZ - Dilemma of VW-Boss Blume

What does it mean about Emden separated?

 

[acronymous]

which will certainly impact ICE offerings as well...besides progress in EV technology...

China, Europe and many other parts of the world will press on. The technology will be developed outside the US, with obvious implications.

 

[TigerMac]

What does it mean about Emden separated?

Difficult question to answer from my perspective, looks like Emden is still able to produce ICE cars plus nowadays EVs as well, but EVs will probably come mainly from Zwickau, which converted to 100% EVs already. Guess the latter location is more obliged to local government and politicians due to public incentives than Emden, but maybe, thanks to ICE demand, Emden gets away with a black eye?!

 

[TigerMac]

From my perspective, watching the Taycan UK video above and thinking about procuring an EV as 2nd (smaller) car, you have to lease one to avoid the manifold risks of deprivation, compared to a cash purchase.

- Is there any indication about higher lease rates for EVs already visible on the market, which reflect the current EV discussion?

 

[grim]

CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas | Fortune

Stephen Scherr ran Hertz for just over two years before stepping down on Friday.

fortune.com

Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months.

Sixt to Phase Out Teslas From Rental Car Fleet on Poor Resale Value

Sixt SE is phasing out Tesla Inc. electric cars from its fleet after the manufacturer’s heavy price cuts hurt residual values at Europe’s biggest car-rental company.

www.bloomberg.com

 

[TigerMac]

CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas | Fortune

Stephen Scherr ran Hertz for just over two years before stepping down on Friday.

fortune.com

Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months.

Sixt to Phase Out Teslas From Rental Car Fleet on Poor Resale Value

Sixt SE is phasing out Tesla Inc. electric cars from its fleet after the manufacturer’s heavy price cuts hurt residual values at Europe’s biggest car-rental company.

www.bloomberg.com

Besides it looks like Sixt holding a grudge against Tesla for their recent price reduction (after they signed with Tesla...and probably ruining Sixt's BC...), there were two very interesting side remarks in the press:

- Sixt also complained about high maintenance cost for EVs! I am really interested what they mean with that. This contradicts clearly with the common understanding of EVs having low maintenance requirements???...The only hint I found was poor availability for EV spare parts (e. g. after accidents, causing long outages)
and
- Sixt wants to continue EV procurement on a high level, despite of the above.

 

[reguy]

Lease a Taycan anyone? Saw a Porsche ad for a lease deal on in stock Taycans of up to $15k “match offer” towards the lease plus the $7,500 lease tax credit.

 

[reguy]

“Ford Slows Its Push Into Electric Vehicles”

"The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising faster."

source below
https://www.nytimes.com/2024/04/04/business/ford-delays-electric-vehicles.html?smid=em-share

 

[notmac1]

Congratulations but I’ll pass too many updates in the future the first Taycan owners are taking a bath.

 

[Draper]

Congratulations but I’ll pass too many updates in the future the first Taycan owners are taking a bath.

Depreciation is of course a concern, but the Taycan was an expensive first gen product with a niche market. Macan is Porsche's best selling vehicle, and coupled with the more modest price point means a larger pool of buyers (both new and used).

The ICE Macan is done in the EU (and nearly done here) so I think the fact that Porsche feels confident enough in their tech to switch their top-seller to EV says a lot about how good this car is going to be.

 

[grim]

EV Ownership Ticks Up, but Fewer Nonowners Want to Buy One

More U.S. adults now than a year ago say they own an electric vehicle, but more also say they would not consider buying one.

news.gallup.com

The results are based on a March 1-20 Gallup poll. The findings conform with recent decisions by some auto companies to reduce their electric-vehicle investments after EV market growth has fallen short of expectations. … Gallup data confirm that the U.S. market for electric vehicle ownership remains fairly limited,

If you want to understand what “some” of the public thinks, this is The Hill’s article on the Gallup Poll. Read the comments, over 1,500, to see the different perspectives of the poll. You have to click on View Comments

https://www.yahoo.com/news/more-us-wouldn-t-consider-132222346.html

 

[rickrobillard1]

Depreciation is of course a concern, but the Taycan was an expensive first gen product with a niche market. Macan is Porsche's best selling vehicle, and coupled with the more modest price point means a larger pool of buyers (both new and used).

The ICE Macan is done in the EU (and nearly done here) so I think the fact that Porsche feels confident enough in their tech to switch their top-seller to EV says a lot about how good this car is going to be.

All manufacturers have to meet certain MPG targets and the only way to do that is a product mix that includes EVs. Transitioning a high volume model like Macan to EV makes sense for that reason.

Porsche makes great cars and I hope the EV Macan maintains that tradition. But even if it does I’m not a buyer at this time. IMO buyers of the first EV Macans are going to experience dramatic depreciation.

 

[OldRsllyist]

Depreciation is of course a concern, but the Taycan was an expensive first gen product with a niche market. Macan is Porsche's best selling vehicle, and coupled with the more modest price point means a larger pool of buyers (both new and used).

The ICE Macan is done in the EU (and nearly done here) so I think the fact that Porsche feels confident enough in their tech to switch their top-seller to EV says a lot about how good this car is going to be.

It will be interesting to see how many purchase raffle tickets for the latest PCA drawing. The 1st Grand Prize is a 2024 718 Boxster or Cayman GTS with the 2nd Grand Prize being a 2024 Macan E. Typically there are multiple 2nd Grand Prizes based upon the number of tickets sold. In my case I'll skip purchasing drawing tickets as I have no interest in having an electric vehicle.

 

[reguy]

Autoblog

“2024 Porsche Macan Electric First Drive Review: The revolution begins”

An interesting read. One sentence in particular made be chuckle.

“It’s a great SUV, but it wouldn’t be any worse with a V6 instead of a frunk.”

2024 Porsche Macan Electric First Drive Review: The revolution begins - Autoblog

The 2024 Porsche Macan 4 and Macan Turbo are all-electric, built on a dedicated EV platform. It produces as much as 630 horsepower.

www.autoblog.com

 

[TigerMac]

Autoblog

“2024 Porsche Macan Electric First Drive Review: The revolution begins”

An interesting read. One sentence in particular made be chuckle.

“It’s a great SUV, but it wouldn’t be any worse with a V6 instead of a frunk.”

2024 Porsche Macan Electric First Drive Review: The revolution begins - Autoblog

The 2024 Porsche Macan 4 and Macan Turbo are all-electric, built on a dedicated EV platform. It produces as much as 630 horsepower.

www.autoblog.com

and..."but when driven spiritedly (which it really should be from time to time; it’s a Porsche, after all) it’s not quite as exciting as the original model."
Don't know if this was meant to adress the Macan 4 only, but for me (even driving a Macan T today), only the Macan turbo, incl. rear wheel steering, would cause me some enthusiasm, but not sure if it be worth it.

 

[///Bruce]

I’ve just recently noticed an uptick of reviews for the EV models. Reviews are good.

I would hav a difficult time about aural sensations playing into a decision to stay ICE or go EV for me. I’m not sure I could tolerate not “hearing” my vehicle which imo is extremely important in “feeling “ my vehicle.

 

[grim]

https://www.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.html

https://www.caranddriver.com/news/a60621256/ford-ev-revenue-losses-q1-2024/

Ford lost $132,000 on each electric vehicle sold during the first three months of 2024

 

[Mii]

^ Savvy manufactures and customers are realizing what's going on with EV. It's good that Ford realized the consequences.

 

[wwahl]

Good reviews, or not, when the market depreciates your EV by 50% in two years that gives one a warning to stay away.