80 percent of all evs sold in the u.s are teslas now just to put that in perspective 8 out of 10
electric vehicles that are sold are teslas so why is tesla dominating the ev market share in the us
tesla vehicles have this unique property of being some of the best cars on the road and when you
compare to almost any other ev out there tesla's have the longest range the quickest charging
speeds and just the overall best charging network available so why are these things important to
american car buyers versus say european car buyers usa is a country designed around vehicles cars
no one here really takes public transport unless you can't afford a car if you can't afford a car
you're going everywhere in your car some people even take their car across country which in some
cases is over 4 000 kilometers in europe the public transport system is much better therefore
a lot of people don't resort to a car plus parking is at a premium over there smaller cars
win tesla's vehicles aren't that small they're actually pretty big for a european sized market
also in the usa people want the longest range we take our cars everywhere and because of that we
need the longest range possible to go on long distance journeys or even just around town and
probably not charge every night even if you want to charge every night some people drive a total of
200 miles every single day at highway speeds and we know that even the most longest range tesla
the model 3 with about 350 miles of range may need charging depending on where you're going if
it's in the mountains you might need charging if it's really cold out like in the northern states
then you might need charging over there as well otherwise for the most part 200 miles of range on
the highway a model 3 can easily achieve that all other evs that are sold here don't really
have that good of a range most of the evs really only have about 200 to 250 miles of range at best
tesla's lowest range vehicle their standard range plus model 3 has a range of 263 miles
which is just above most of the other competitors and that's their cheapest model that's like about
38 thousand dollars if you get them more expensive about five thousand dollar model that's like a
range that you never ever have to think about and that is why a lot of people actually buy a tesla
model three charging network is also a really big concern in the us here our charting network really
sucks our third party charging network just is not reliable they're not in many locations you
really can't go many places at all and in most cities you just don't have one at all and if
you do happen to have a charger you might only have one with like two maybe four stalls at best
whereas the superchargers you might have like three or four in a given city with at minimum
eight stalls at each one in europe the situation is a bit different over there you have much better
third-party chargers and especially in places like norway where you actually have a high density of
third-party chargers you can live life pretty normally with a lower range electric vehicle
because you have an abundance of chargers it was not until volkswagen had this dieselgate scandal
and they had to actually fund the electrifying america stations that there was a proper charging
network outside of tesla right now you can almost go across country using the electrify america
stations all the charges that we had beforehand were located pretty much in the middle of the
city where you're never there on a long road trip and all the vehicles were really low range anyway
so you really couldn't leave the city at all and now with the introduction of electrify america
stations you can actually leave the city you can go to other places there's a family even
with a range of about 150 to 200 miles it's still not as good as tesla's because their lowest range
vehicles are still well above the competition but here in america cars are king we use our cars for
literally everything literally everything public transport here sucks so your options until very
recently were to buy a tesla go cross country have a normal functioning vehicle or you buy low range
ev and then have many compromises can barely leave your city now for some that is totally
fine because they never leave their city they use it as a second car but that is nowhere close to
replacing your actual gas vehicle and tesla's mission has been to replace all gas vehicles
and to achieve that mission you have to have a robust charging network that is reliable has tons
of stalls and is located in the right places near malt where you can actually spend a few minutes
going to the restroom and getting something to eat tesla also has their factory located in the u.s so
it actually incentivizes tesla to actually sell more vehicles in the us than it does out overseas
because it just costs more that way and obviously if costs go up if the end consumer has to pay more
likelier demand is going to drop a bit now with the introduction of the berlin gigafactory
that will obviously be fixed just like we've seen in china the gigafactory in shanghai is actually
doing really well and demand is through the roof especially for the model wise so having a factory
at that continent at that place so you don't actually have to go overseas to ship a vehicle
will actually help a lot get a lot more vehicles there and so far a lot of other manufacturers have
manufacturing capacity in europe and because of that they can actually produce
more cars in europe like for example we don't have the renault zoe and we never did even though
it's just a nissan branded product it was only recently that more competition also came to us
otherwise most of the competition would still in europe where they actually had manufacturing
capacity so for the longest time your option was either tesla a nissan leaf and that was pretty
much it but then the model 3 came out and then your options were the model 3 or the chevy bolt
model 3 had a lot more range was about the same price and obviously had a lot more features and
it was just overall better value for your money than a chevy bolt we really didn't
have that many electric vehicles up until last year this year we're seeing a lot more
electric vehicles come out and they're still saying we're not gonna get them here in the us
for example the id3 is selling quite well i would say in europe but we aren't getting the id3 in
the us however we are getting the id4 and possibly the id6 as well so that would greatly help out get
some competition going obviously maybe take some market share and one thing you have to remember
is that i am talking about the ev market share but really most people who buy navy are buying their
first electric vehicle some like 90 of ev buyers are new ev buyers they're coming from their old
gas vehicle so it's not like someone's taking competition from say tesla or something like that
no all of these electric vehicles that are being sold that just means there's at least one less gas
vehicle being sold no one is stealing the market share from tesla only a small percentage of people
actually switch from one ev to the next now maybe if you had like a nissan leaf the older ones you
might have gotten the model 3 or something like that but likely if you did have an assembly
for the 24 or 30 kilowatt hour battery packs you probably replaced your gas vehicle that you had on
the side because obviously your leaf couldn't do everything but now you replace that with a model
3 or model y and now that can do everything and you still have your leaf on the side or
something i don't know so all those factors added together helped tesla dominate the ev sector in
the us if it weren't for no competition lack of charging network and just in overall low range evs
probably tesla would have some lower market share although they'll still be selling the
same number of cars it's just the percentage will be lower instead of eighty percent luckily a lot
of automakers are actually bringing out new evs and that will actually overall accelerate the
development of the evs and just get more people into electric vehicles and once people get their
butts in seats into an electric vehicle they never want to buy a gas vehicle again and this is why
the legacy automakers have been really trying to push hard against the eevee effort because
if evs are so great no one would buy their money makers their gas vehicles and their business would
die and this is a disruption that is coming to all automakers let's wait and see who wins
and who goes bankrupt thank you for watching and i'll talk to you in the next one