Peter VanDerWal wrote:
>Joe sixpack might not but some people will.  Perhaps not by the 
>millions but at least by the thousands.
>
>GM could have sold or leased thousands of EV1s in California alone, 
>had they been willing.  Open up sales to the reast of the US and 
>they could have sold a hundred thousand easy.  And this is for a 
>$40,000+ two seater sports car.

A hundred thousand easy?  In a decade, maybe.

There are about 8.5-9 million new cars sold in the U.S. each year, 
total.  This figure does not count trucks, which account for about 
the same number of units annually, but which are aimed at a very 
different type of market.  (Figures from a study done by the 
University of Michigan.)  Perhaps 2% of those 9 million cars retail 
in the $40K+ range - and since I'm excluding trucks, 2% is a plenty 
generous figure.  That's only 180,000 *total* cars annually in the 
price range you are talking about.

Do you really think that a single EV model will pull more than 50% of 
that niche market?

Even the California ZEV alliance claims that only about 30,000 units 
of the hybrid Prius and Civic were sold in the entire U.S. prior to 
the end of 2001.  That is the sales figure of the models together, 
not for each, and covers at least a two-year span.  Toyota's own 
website claims a worldwide production figure for the Prius of just 
100,000 units over a five-year span.  Worldwide.  Five years.  For a 
car that costs half as much, carries twice as many passengers, and 
has no range limitation compared to the EV1.

A sales goal of 100,000 production EVs, let alone EV1s in particular, 
in a decade is plenty optimistic.  If I'm a shareholder in a large 
auto maker who has invested entirely for the purpose of making money, 
I wouldn't want them to be putting hundreds of millions of dollars 
into that tiny market space.  (I don't own any stock in any auto 
maker, BTW.)

I'm as enthusiastic about electric technology as the next guy, but 
let's keep our discussions grounded in reality, shall we?

-- 

-Adam

Reply via email to