Can Aston Martin Survive in the Electric Vehicle Era?

Can Aston Martin Survive in the Electric Vehicle Era?

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Jon39

Original Poster:

12,884 posts

144 months

Saturday 23rd December 2023
quotequote all

AM-DB9 said:
I would just say, can the Electric Vehicle Era survive Aston Martin.


Opinion: - EVs have failed many times before. Why do we think this time it will work?
The electric vehicles go back to the early 1800s

Extract;
Without government mandates or subsidies, EVs were all the rage in the U.S. by the turn of the 20th century, accounting for around a third of all vehicles on the road.

Only the future will say whether EV technology ends up competing on its own, unsubsidized. Current indications are not encouraging, however. Many EV startups are going bankrupt. among legacy players, EVs are minimally profitable or even lose money, depending on the model. Ford says its EV unit will lose $3 billion this year.

Batteries are clearly central to this generation’s version of the EV vision. There’s not much wrong with modern lithium-ion batteries per se. They do a fine job in smartphones, laptops, watches and hand tools. For cars, however, they are a profoundly misplaced application. According to Argonne National Laboratory, in 2023 it takes 100 pounds weight of battery to go a distance achieved by only one pound of gasoline — reason enough why gasoline, not batteries have dominated vehicle propulsion for the past hundred years. Batteries add an average of 33 per cent to a typical car’s weight and an average 20 per cent to the new price.

https://financialpost.com/opinion/opinion-evs-have...


AstonV

1,575 posts

107 months

Sunday 24th December 2023
quotequote all
50% Buick dealers call it quits rather than sell EV’s.

https://www.msn.com/en-us/money/companies/gm-bough...

https://www.americanthinker.com/blog/2023/12/gm_dr...

Edited by AstonV on Sunday 24th December 04:28

AstonV

1,575 posts

107 months

Sunday 24th December 2023
quotequote all
50% of Ford dealers don’t want to sell EV’s.

https://www.msn.com/en-us/money/other/half-of-ford...

AstonV

1,575 posts

107 months

Sunday 24th December 2023
quotequote all
I think this is because they are more popular with women drivers.

https://www.msn.com/en-us/money/other/new-report-f...

Jon39

Original Poster:

12,884 posts

144 months

Wednesday 27th December 2023
quotequote all

Here is an idea for Aston Martin.

Take a two and a half ton Range Rover, add one ton of batteries, then charge at home with electricity, of which half is often generated by burning fosil fuels.

Brilliant, now we really have found a way to save the planet.





smile


Herb1e

12 posts

6 months

Sunday 31st December 2023
quotequote all
Hopefully, development of alternative fuels may supply a lifeline. However, in case they don't the technology partnership will be critical for AML. Here is an interesting test involving Lucid which gives some hope...

https://www.carmagazine.co.uk/car-reviews/comparis...

mogg

254 posts

259 months

Monday 1st January
quotequote all
Herb1e said:
Hopefully, development of alternative fuels may supply a lifeline. However, in case they don't the technology partnership will be critical for AML. Here is an interesting test involving Lucid which gives some hope...

https://www.carmagazine.co.uk/car-reviews/comparis...
+1 thumbup

oilit

2,636 posts

179 months

Monday 1st January
quotequote all
The lucid whilst expensive seems to fair well - how does it compare to a tesla model s i wonder?

David W.

1,918 posts

210 months

Monday 1st January
quotequote all
If Aston produced something like this then yes. https://youtu.be/2ViQ6bgF4K4?si=0c87IuHENArFnw7B

Jon39

Original Poster:

12,884 posts

144 months

Monday 1st January
quotequote all

oilit said:
The Lucid whilst expensive, seems to fair well - how does it compare to a Tesla Model S I wonder?

An intriguing start-up business. Car very well received, but they just cannot sell as many as they make, and even then, they only built 1550 in the 3rd Quarter 2023.
There are 250 million adults in the USA, of course not all of them can afford a Lucid Air, but Q3 deliveries of 1,457 cars, is hardly 'hitting the ground running'.

To resolve the failure to meet target, the annual target has been reduced !

The Company's valuation peaked at $91 billion. (What !)
However, its stock price has since dropped by approximately 93%.

AstonV

1,575 posts

107 months

Tuesday 2nd January
quotequote all
Jon39 said:
There are 250 million adults in the USA, of course not all of them can afford a Lucid Air, but Q3 deliveries of 1,457 cars, is hardly 'hitting the ground running'.
Biden has let in about 100 million unskilled, non English speaking migrants. Well, there’s that..

LTP

2,104 posts

113 months

Tuesday 2nd January
quotequote all
AstonV said:
Biden has let in about 100 million unskilled, non English speaking migrants.
A quarter of the total population, which stood at 339,996,563 in 2023?

And now back on topic......biggrin

AstonV

1,575 posts

107 months

Tuesday 2nd January
quotequote all
LTP said:
AstonV said:
Biden has let in about 100 million unskilled, non English speaking migrants.
A quarter of the total population, which stood at 339,996,563 in 2023?

And now back on topic......biggrin
And they’re all buying electric cars no doubt.

https://www.dailymail.co.uk/news/article-12917047/...

AstonV

1,575 posts

107 months

Tuesday 2nd January
quotequote all
https://www.cnbc.com/2024/01/02/rivian-q4-ev-deliv...

Makers of the worlds most unattractive SUV.

Jon39

Original Poster:

12,884 posts

144 months

Friday 5th January
quotequote all

The December UK new registration figures reveal a change.

Battery Electric Vehicles;

December 2022 = 42,285
December 2023 = 27,841

I think TESLA work in batches of ship arrivals, so perhaps a huge number arrived here in December 2022.
Or, it might be a decline in new EV purchasing by private buyers. I don't know.


M1AGM

2,381 posts

33 months

Friday 5th January
quotequote all
Jon39 said:

The December UK new registration figures reveal a change.

Battery Electric Vehicles;

December 2022 = 42,285
December 2023 = 27,841

I think TESLA work in batches of ship arrivals, so perhaps a huge number arrived here in December 2022.
Or, it might be a decline in new EV purchasing by private buyers. I don't know.
Or the economic environment had changed considerably between those periods. All car sales are down.

TheRainMaker

6,373 posts

243 months

Friday 5th January
quotequote all
M1AGM said:
Jon39 said:

The December UK new registration figures reveal a change.

Battery Electric Vehicles;

December 2022 = 42,285
December 2023 = 27,841

I think TESLA work in batches of ship arrivals, so perhaps a huge number arrived here in December 2022.
Or, it might be a decline in new EV purchasing by private buyers. I don't know.
Or the economic environment had changed considerably between those periods. All car sales are down.
Car registrations were up in December 2023 over 2022.

In fact, the whole year, by nearly 300,000 units.



Jon39

Original Poster:

12,884 posts

144 months

Friday 5th January
quotequote all

M1AGM said:
Jon39 said:

The December UK new registration figures reveal a change.

Battery Electric Vehicles;

December 2022 = 42,285
December 2023 = 27,841

I think TESLA work in batches of ship arrivals, so perhaps a huge number arrived here in December 2022.
Or, it might be a decline in new EV purchasing by private buyers. I don't know.
Or the economic environment had changed considerably between those periods.
All car sales are down.

Not down, M1AGM.
That is the interesting point and why I posted. The Battery EV category was alone, in being down during December.
For full year, only the diesel categories were down.





EDIT - I have just spotted the reason.
As mentioned in my post above, it is due to Tesla. They seem to supply in batches, which vary monthly.
December 2022 = 16,368.
December 2023 = 5,517.


Edited by Jon39 on Friday 5th January 17:21

geresey

412 posts

124 months

Thursday 11th January
quotequote all
Agent57 said:
Well, if we're speculating: An electrical fire under the bonnet that spread?
Bit like this…. https://mol.im/a/12950765

Salted_Peanut

1,377 posts

55 months

Thursday 11th January
quotequote all
It’s not just Aston Martin, Ferrari, etc.



I have yet to see an electric motorcycle with adequate range. Unsurprisingly, the Japanese bike manufacturers are working on hybrid and hydrogen fuel possibilities.