No money in EVs?  It's a good thing Elon Musk doesn't know that.  I seem to
see more Model S's around where I live than newish Mercedes.

There are none so blind....

Chris
On Nov 12, 2014 3:31 AM, "brucedp via EV" <[email protected]> wrote:

>
>
> % Anyone seeing an automaker pattern here? Dejavu %
>
> http://gas2.org/2014/11/07/money-evs-says-mercedes-chief/
> No Money In EV’s Says Mercedes Chief
> [2014/11/07]
>
> [image
> http://gas2.org/wp-content/uploads/2013/03/mercedes-b-class-ED-2.jpg
> mercedes-b-class-ED-2
> ]
>
> Mercedes chief Dieter Zetsche was in Spain this week to introduce the
> Mercedes Benz B Class Electric Drive. While there, he told a press
> conference that the money Mercedes and other automakers are investing into
> EVs won’t be returned to them anytime soon.
>
> According to Green Car Reports, Zetsche was quoted as saying;
>
> “Manufacturers will not see a return within a reasonable time on the
> billions they’re investing now in electric cars. You can reasonably say
> that
> nobody today is making a battery-powered vehicle that’s economically viable
> in its own right.”
>
> If the head of Mercedes Benz says there is no money in EV’s, what does that
> say for the future of electric cars? How can manufacturers justify spending
> billions to develop battery powered vehicles to their shareholders if, as
> Zetsche says, there won’t be a significant return on that investment in a
> reasonable time?
>
> A big part of the problem is that EV sales have been considerably lower
> than
> anticipated. Manufacturers will need to move a lot more electrics if they
> want to recoup their investment and eventually make a profit. According to
> Bloomberg News, demand for electric vehicles has been developing slower
> than
> expected. Buyers are deterred by high vehicle prices and fears of being
> stranded along the roadside by a dead battery.
>
> Carlos Ghosn, CEO of Renault and Nisan, predicted his companies would sell
> 1.5 million electric cars by 2016. But IHS Automotive suggests global sales
> will not top 1 million cars per year until 2020, and even that will be just
> 1% of the market. EV sales this year are not expected to exceed 0.3% of the
> global new car market. Ghosn has since revised his prediction to 1.5
> million
> EVs by 2020, which is still 50% more than the IHS Automotive prediction.
>
> Mercedes thought it could limit its costs by using an existing chassis and
> turning to Tesla to supply the batteries and motors for the B Class
> Electric. As a result, the Mercedes EV weighs almost 500 lbs more than
> BMW’s
> similarly sized i3, which was built from the ground-up as an electric
> vehicle. The battery pack takes up a large chunk of the rear cargo area in
> the Mercedes, limiting the usefulness its hatchback design and failing to
> impress Consumer Reports.
>
> In the end, Mercedes elected to take the cheapest way out. BMW, on the
> other
> hand, not only offers a range extender option but also designed its car to
> look different from every other car in the market. Carlos Ghosn has also
> said that the Nissan LEAF is nearing profitability as the company continues
> to invest in electric cars and battery technology. Those are important
> differences to buyers and why industry analyst IHS predicts the BMW i3 wil
> outsell the B Class 5 to 1. No wonder BMW has a sunnier view of the future
> of EV’s than Mercedes does, and why the Benz CEO has such a sour outlook on
> electric cars.
> [© gas2.org]
> ...
>
> http://www.greencarreports.com/news/1095285_mercedes-ceo-no-one-will-make-money-on-electric-cars-in-reasonable-time
> Mercedes CEO: No One Will Make Money On Electric Cars In 'Reasonable Time'
> By John Voelcker  Nov 5, 2014
> ...
>
> http://www.carxmotor.com/2014/11/07/mercedes-benz-ceo-says-nobody-is-making-money-on-electric-cars-in/
> Mercedes-Benz CEO says nobody is making money on EVs ...
> Nov 6, 2014
> ...
>
> http://www.benzinsider.com/2014/11/daimler-boss-says-no-one-will-make-money-on-electric-cars-yet/
> Daimler Boss Says No One Will Make Money on Electric Cars Yet
> Giancarlo Perlas  [2014/11/09]
> ...
>
> http://www.insidercarnews.com/daimler-ceo-says-electric-cars-not-profitable/
> Daimler CEO Says Electric Cars Not Profitable
> by Steven Symes  Nov 11, 2014
>
>
>
>
> For EVLN posts use:
>
> http://www.evdl.org/archive/index.html#nabble+template%2FNamlServlet.jtp%3Fmacro%3Dsearch_page%26node%3D413529%26query%3Devln+-re%26sort%3Ddate
>
>
> http://www.scillytoday.com/2014/11/05/council-launches-project-to-get-islanders-driving-electric-cars/
> Project To Get Scilly.uk Islanders Driving Electric Cars
> ...
> http://www.visitislesofscilly.com/
>
> http://descrier.co.uk/technology/non-ev-vehicles-classed-green-cars/
> Non-EV vehicles Should-Not be classed as “green cars”
>
> http://www.uml.edu/News/stories/2014/Electric-Car-Charging-Stations.aspx
> UML's O’Mahony taps MassEVIP to bring on campus L2 EVSE w/ L3 planned
> +
> EVLN: Boosted Boards’ New Faster And Cheaper e-Skateboards
>
>
> {brucedp.150m.com}
>
>
>
> --
> View this message in context:
> http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-Mercedes-Sez-There-s-No-Money-In-Selling-EVs-tp4672549.html
> Sent from the Electric Vehicle Discussion List mailing list archive at
> Nabble.com.
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>
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