Hyundai and Kia are 'pulling ahead' with strong EV demand despite rival concerns
electrek.co
Despite concerns over a cooling EV market, Hyundai and Kia are “very bullish” as demand for their electric vehicles remains...
  • lukehebb@alien.topBEnglish
    1·
    10 months ago

    So in one article we have VW cutting production due to lack of demand for EVs

    Hyundai and Kia are saying there is strong demand for EVs

    Interesting 🤔

    • egregori3@alien.topBEnglish
      1·
      10 months ago

      The ID4 was/is a disaster.

      It is the Chevy Vaga of the EV world.

      The Vega received praise and awards at its introduction, including 1971 Motor Trend Car of the Year.[3] Subsequently, the car became widely known for a range of problems related to its engineering,[4] reliability,[5] safety,[6][7] propensity to rust, and engine durability. Despite a series of recalls and design upgrades, the Vega’s problems tarnished both its own as well as General Motors’ reputation.

  • TheResoluteBond@alien.topBEnglish
    1·
    10 months ago

    This might be a dumb question but aren’t kia and Hyundai’s super easy to break into now and insurance is insane?

    Or do their EVs not have those same issues?

    • Anachronism--@alien.topBEnglish
      1·
      10 months ago

      It was only certain vehicles with a regular key ignition. Unfortunately thieves will break your window before they check if you have the easy to steal one.

  • feurie@alien.topBEnglish
    0·
    10 months ago

    Until we see profit numbers on EVs it doesn’t matter how many vehicles are sold by a company.

    Bolt sales didn’t matter if they “pulled ahead” because it didn’t work for the company which is why they cancelled it.

    Also October numbers were down compared to last month and last quarter so we should continue to pay attention to see what happens next.

    • sns_bns@alien.topBEnglish
      1·
      10 months ago

      It does matter how many vehicles are sold because of economies of scale. Profitability is only possible once the production has been scaled up sufficently because of the big investments that are necessary.

  • zslayer89@alien.topBEnglish
    0·
    10 months ago

    If this is true, I hope more ev makers take note of Hyundai/kia having the ability to charge rather quickly at fast chargers. The faster cars can charge, the more likely people will be interested in buying them.

    I’ve said it before in other threads but the top two things needed for increased ev adoption are increases in dc fast charging locations(which is sort of being handled with Tesla opening up and nacs adoption) and faster charging speeds.

    • deg0ey@alien.topBEnglish
      1·
      10 months ago

      Totally agree with this.

      I’ve said similar before that real world range in the 250-300 mile ballpark is plenty for me because that’s about the maximum distance I can comfortably drive without stopping anyway. Stopping to plug my car in for the 15 minutes I’d already take to stretch my legs, buy a soda, use the bathroom etc doesn’t add any time to my overall journey.

      A battery that can get me more than 250-300 miles on a single charge doesn’t add as much value to me as one that can replenish that 250-300 miles in 15-20 minutes at a rest stop I’d have pulled into on the route I was driving anyway.

      Hyundai claims the Ioniq can do 10-80% in 18 minutes at a charger that supports fast enough speeds, so if we can get that tech into every EV and build out the charging network enough that I’m guaranteed to have a charger that can hit that rate where I need it then I’ll be pretty much set as far as battery/range questions are concerned.

    • PureSine@alien.topBEnglish
      1·
      10 months ago

      Yup. I have a Rivian.

      Still few enough fast chargers that I have to check their availability before I go (and a crucial EA station is completely inoperable right now! Only one in that area, but I can plan around it now that I know). When Tesla opens up, problem solved.

      But man, if the Rivian could hold its charging curve better (200kW for longer) consistently, that would be absolutely great. 5 minutes longer doesn’t seem like much, but even browsing the web, if you got a family of six in the car, 5 minutes of dead time feels a lot longer than it actually is.

  • stanleytuccimane@alien.topBEnglish
    0·
    10 months ago

    How have Hyundai and Kia’s EV’s held up? I’m about to hit 13 years in my 2011 Kia Optima and, while it still runs fine, it’s a bit of a gas guzzler now. Adding to that, I literally just recieved notice of the 5th or 6th recall on the car, the amount of major recalls it’s had has completely killed any resale value it could’ve had. I really wanted to move on from Hyundai / Kia, but I want an EV to ease my long commute and the other brands are really expensive.