The 2014 Chevrolet Volt which uses a plug-in battery and gasoline engine technology to deliver a smooth, quiet and comfortable driving experience that will most likely get you to work and back without buying any gasoline, but then can take you across the USA – all while delivering in excess of 40 mpg.
The federal Environmental Protection Agency spends a good portion of its time and manpower compiling a guide that compares like vehicles’ fuel economy, spaciousness (interior space) and engine technology. The result for 2014 vehicles (cars and trucks) is now available on www.fueleconomy.gov and has a new benchmark – the Top 10 cars in fuel economy all feature a plug. Some are pure electrics and others are plug-in hybrids. The fuel economy numbers are astronomical by historical standards, but are setting the new benchmark for what a modern automobile needs to achieve to be considering a state-of-the-art environmental leader.
Nissan may be the most honest car company out there today because you will actually hear them say that the 2013 Leaf may not be the right car for you. So if the Leaf isn’t for everyone, who is it for and are you one of those that should own one? This is where the fun begins because if your lifestyle and driving pattern falls within the Leaf’s sweet spot, then the answer is a resounding–YES!
While price cuts and low lease rates have been moving electric cars like never before, resulting in “sold out” models and tight supplies at some dealerships, there may be a dark side to the deals. When discounts like this happen in the rest of the auto market and residual values drop, the impact on auto companies is clear. Profits on the discounted vehicles drop and the models are often dropped or given a redesign aimed at revitalizing or repositioning them in the eyes of the consumer. For new models, it is often the kiss of death.
August was a high-water mark for some of the pure electric cars and plug-in hybrids, stoking hopes that these alternatives were starting to gain traction in the market. The year 2013 is two-thirds over and auto industry sales overall are doing quite well (up 14 percent compared to July 2013, up 17 percent compared to August 2012 and up 9.6 percent over the year-to-date compared to last year). The record sales this month by the Passat TDI, Chevy Volt and Nissan Leaf show that high mileage vehicles are definitely high on consumers’ shopping lists. More models continue to come onto the market, broadening consumer choices and adding to the ongoing discussion of fuel economy.
The Nissan Leaf was the best selling plug-in car in July and has just lost the lead for the year-to-date electric car sales to the hot-selling Tesla Model S, another pure electric. It’s fair to say that where the Leaf is selling well, electric cars are selling well. Here are the Top 10 markets for Nissan Leaf sales.
Consumers interested in plug-in cars got more good news this month as the Mercedes-built Smart and Chevy Volt both joined the recent moves to drop prices on their models. The Smart dropped lease prices to $139/month, substantially below much of the competition, and GM lowered the 2014 Chevy Volt price by $5,000.
The year 2013 is half over and the auto industry is doing quite well, led by high mileage vehicles that are outperforming the overall industry in sales growth. As more and more pure electrics, plug-in cars, hybrids and clean diesels appear on the U.S. market, consumers are embracing them.
The final decider between the Focus Electric and Nissan Leaf could be styling. For those who don’t want to show off their environmental leanings, the Focus EV is designed for the generic aisle of the dealership. Its styling is edgy, sporty, decidedly European and its green credentials are incognito. Tough choice, huh? But if you want to drive one of the sharpest-looking cars on the road while smiling to yourself because you have no personal connection to OPEC, the Focus Electric might be the EV for you.
May continues the trend of good sales for hybrids, electric cars, plug-in hybrids and clean diesels. Consumers are seeking out these cars and keeping their sales numbers high.
Compared to last year, hybrid sales for the first four months are up 12.3%, almost double the overall market’s gain. Plug-ins are on a tear with 130% growth, but on relatively small numbers. Diesels have taken a dip so far this year, dropping 6.2%, but are expected to rebound when high-volume cars like the Chevy Cruze Clean Turbo Diesel, Mazda6 SkyActiv-D, Jeep Grand Cherokee and Ram 1500 hit showrooms later this year. Both the hybrid and plug-in electric segments are also adding models as well.
For all the twists and turns that the auto industry undergoes, it looks like 2013 will be a clear milestone for electric cars. The point here is to look at how far we have come and note the arrival of the electric car industry. It’s no longer a model or two, but a substantial variety of vehicles from major manufacturers that the EV-conscious consumer can choose from.
High-mileage cars are off to a great start for the year with sales up 18% in these three categories in for the first three months of the year compared to last year. The monthly sales average continues to creep up so it is conceivable that sales could edge closer to a million units if the trend continues, which would definitely solidify the market for alternatives to conventional gasoline engines. The first quarter indicates it could be a very good year for high-MPG cars.
When speaking recently at a “Open Garage” talk at Stanford’s Automotive Innovation Center, Nissan-Renault CEO Carlos Ghosn pointed with pride that his Alliance has put 70,000 EVs on the road around the world (of the roughly 100,000 pure battery electrics currently out there). He said that in spite of failing to hit his own targets for volume, he believes electric vehicle technology will be the winner as it approaches scale production – and he believes that is inevitable. The secret ingredient, he said, was emotion.
While many recent headlines paint a grim picture of electric vehicle sales and the market future for those vehicles, in reality consumer acceptance of the new vehicles has been stronger than hybrids and can be expected to grow in the future.