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    William Maley

    Sales of Chevrolet Bolts Rise Due To Model 3 Delays, Tax Credit Concerns

      Tesla's Production Delays is causing some to check out the Chevrolet Bolt

    Tesla's production hell seems to be only getting worse than better. Various issues at their Freemont plant has caused the automaker to push back their goal of producing 5,000 Model 3s from late last year to June of this year. This, in turn, has caused some holders of Model 3 reservations to have their order pushed back to 2019.

    “As we work hard to meet demand, we wanted to let you know that your estimated delivery timing has been adjusted to a slightly later window,” Tesla said in an email to customers.

    According to Bloomberg, the new date depends on when the reservation was placed and what model was chosen. Tesla is trying to get the more expensive long-range battery model out first before starting production of the cheaper standard battery model. This has buyers of the latter model worried as they might not get the full $7,500 tax credit. The credit begins to phase out once an automaker has built 200,000, something Tesla expects to hit sometime this year.

    The move has caused some reservation holders to take to various forums and Twitter to complain. Others are deciding to jump ship and buy a Chevrolet Bolt. Reuters reports that Chevrolet dealers in California are seeing a noticeable increase of Tesla shoppers interested in the Bolt.

    “We’re getting the Tesla people who wanted their Model 3. We ask them, ‘What other cars are you interested in?’ They’re mostly Tesla. But they want the car now. They don’t want to wait,” said Yev Kaplinskiy of Stewart Chevrolet.

    Kaplinskiy said they sold 15 Bolts last weekend.

    Chevrolet is taking advantage of the delay by emailing some prospective buyers this week with the message of, “Bolt EV: Now available.”

    Source: Bloomberg, Reuters

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    How often do you take your car to the drag strip? What brand of slicks do you prefer?

    Quote

    The Tesla Model S actually outsells most of its gasoline competition.

    If the Model S is so good, why were it's sales down 4% in '17 vs. '16?
    Bolt would have outsold the Model S to be the #1 EV in '17 if Tesla hadn't pulled it's usual game for December and pulled ahead January sales (4,975 in Dec vs. 800 in Jan).

    Edited by balthazar

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    18 minutes ago, balthazar said:

    How often do you take your car to the drag strip? What brand of slicks do you prefer?

    If the Model S is so good, why were it's sales down 4% in '17 vs. '16?
    Bolt would have outsold the Model S to be the #1 EV in '17 if Tesla hadn't pulled it's usual game for December and pulled ahead January sales (4,975 in Dec vs. 800 in Jan).

    The Bolt isn't $100,000 either.  And the Bolt isn't faster than a Z06 Corvette, or Audi R8 V10+  The best comparison for the Bolt is the Leaf or maybe BMW i3, those are closer in size, price and amenities.  

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    • What happened to the Leaf tho? It was selling in the 1100-1400/mnth range but since October, it barely finds 150 takers/mnth.  It's dead in the  water...

    • Bolt isn't $100K, but it's certainly more than the average IC hatch in it's size class. Don't pretend that's not a factor in not outselling other similar (gas) vehicles.

    • Question is still on the table- why did the Model S sales drop in '17? It certainly wasn't cannibalization from the Model 3. And if you use a more 'natural' December volume, it was down around 8%.

    Edited by balthazar

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    13 minutes ago, balthazar said:

    • What happened to the Leaf tho? It was selling in the 1100-1400/mnth range but since October, it barely finds 150 takers/mnth.  It's dead in the  water...

    • Bolt isn't $100K, but it's certainly more than the average IC hatch in it's size class. Don't pretend that's not a factor in not outselling other similar (gas) vehicles.

    • Question is still on the table- why did the Model S sales drop in '17? It certainly wasn't cannibalization from the Model 3. And if you use a more 'natural' December volume, it was down around 8%.

    Don't know what is up w the Leaf.  Maybe the more mainstream styling is turning off people that liked the toad face of the original.    As for the Model S, it is getting a bit old-6th model year now---and they dropped the cheapest version, and maybe the Model X is stealing some sales? 

    Edited by Cubical-aka-Moltar

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    Sales are down because fads are shortlived, by definition.  I am left wondering who is going to buy all these electrics GM is planning on?  Because they're not born yet, based on current electric car sales performance.

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    I don't think styling is playing a part. Leaf was redone in fall '17, no? I was expecting it to see a solid rise in sales... maybe the Bolt is taking Leaf intenders away.

    Don't think SUV people are going to cross-shop sedans much. Model S is due for a redesign.

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    If tax credit concerns are in any way a factor in this, then that tells me that demand is not genuine, it is propped up.

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    @Cubical-aka-Moltar @balthazar I expected Leaf sales to tank and they have based on the fact that they have Leaf 2.0 out but not the long rang battery option yet so you have 110 miles in a Leaf 2.0 or 238 miles in a Bolt. Bolt wins and I am seeing those that leased Leafs here at work trading in their leafs for bolts. 

    Bolt sold 1,177 in Jan up from Jan 2017

    Leaf sold 150 in Jan down 80% from Jan 2017 I believe due to the new model out but not with the long range battery pack yet.

    i3 sold 382 the exact same number as in 2017. Like the leaf you have just over 100 miles range ev and people are not willing to pay the BMW premium for it. They would if it had a real battery pack like the bolt.

    Bolt is clearly eating the others lunch and yet this time next year as we see more EV's with the supposedly 300 mile battery packs hit the lots, it will be interesting to see what goes down in sales numbers.

    3 hours ago, ocnblu said:

    If tax credit concerns are in any way a factor in this, then that tells me that demand is not genuine, it is propped up.

    For some the tax credit is a driving force but for many, the wait for something they like better from a different name brand with a 300 mile range is where we will finally see a difference in sales and I expect a big drop in ICE over EV's once all the various brands start to put them on the lots for sale.

    Most people hate oil changes, hate filling up gas, hate all the maintenance around an ICE auto. EV's will change that in many ways and the public is waiting for choice that is better than we have now.

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    I was surprised to see the Bolt down in Jan vs. Dec tho. But Jan was a rough sales month for everything.

    So the Leaf was all new, but the lack of a reserve upgrade is rendering it a has-been. Interesting indicator that EV performance is what's driving the consumers on EVs, not the usual factors.

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    49 minutes ago, balthazar said:

    I was surprised to see the Bolt down in Jan vs. Dec tho. But Jan was a rough sales month for everything.

    So the Leaf was all new, but the lack of a reserve upgrade is rendering it a has-been. Interesting indicator that EV performance is what's driving the consumers on EVs, not the usual factors.

    Plenty of news stories on the Leaf with plenty of comments by people that they want a new leaf with long range battery and are holding off. Clearly Nissan was scared by GM due to the BOLT 238 miles range and pushed out Leaf 2.0 before they had the bigger battery packs ready.

    Customers are seeing all the news by the various auto companies about 300 mile range EV auto's out in 2019 as 2020 models. I truly think 2018 is going to be a hard year for auto sales due to people holding out for the EV's. 

    People have stated they like the idea of home refueling, they like the minimal maintenance of ev auto's, they want more choice and as such seem to be willing to wait to get what they want I believe.

    In regards to the BOLT, I agree that it was surprising to see the drop in sales, but still the leader and I think that will pick up as California Chevy dealers are reporting more and more Tesla 3 folks are coming in to buy rather than wait for Tesla and loose their rebates.

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    43 minutes ago, dfelt said:

    I truly think 2018 is going to be a hard year for auto sales due to people holding out for the EV's. 

    :roflmao:

    I don't think 2018 will be a good year for sales as the last year or two was just too high to sustain but I don't think that is the reason. 

    • Haha 1

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    31 minutes ago, ccap41 said:

    :roflmao:

    I don't think 2018 will be a good year for sales as the last year or two was just too high to sustain but I don't think that is the reason. 

    Your right I should have geographically stated, west coast as I know many are waiting to trade in their auto for an EV.

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    How many is "many" that you personally know that are waiting to trade in their vehicle for an EV? 

    Personally, I've only met a few people who want an EV and they're mostly just Tesla fans and one person who owns a Leaf. They absolutely love their Leaf, fwiw. 

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    41 minutes ago, ccap41 said:

    How many is "many" that you personally know that are waiting to trade in their vehicle for an EV? 

    Personally, I've only met a few people who want an EV and they're mostly just Tesla fans and one person who owns a Leaf. They absolutely love their Leaf, fwiw. 

    I work in an office of 1200 teammates and easily a couple dozen and probably more. Remember, Seattle is a High tech growth hub and a very green state as 92% plus of all our power is Green produced.

    Web Site for state checking of Green energy production

    GreenPower.jpg

    Profile of Washington State Power Production web site

    As the link above will show, our state is very focused on removing fossil fuels from the everyday road and using as much as possible green sustainable power.

    Washington and Oregon adopted California auto laws and emission standards so both states follow CARB and as such you will find allot of Tree Huggers that want EVs here.

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    A guy I worked with in Phoenix was very interested in getting a Model 3, gave up and bought a Bolt.  Already has a Volt.  Other than that, most of my office colleagues in Scottsdale drive CUVs/SUVs, trucks and Asian sedans.   I did work with one exec that had a Model S, but she traded it on a Continental. 

    No idea what the EV market is like in NE Ohio..I've seen a few Teslas, loads of Hondas, Kias, Hyundais...higher percentage of domestic cars than in Phoenix I would say, the usual German luxury models in upscale areas,  lots of SUVs and trucks. 

    Edited by Cubical-aka-Moltar

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    1 hour ago, ccap41 said:

    I wish IL would push for that more than they do..which is almost none at all. 

    According to the web site at least your state while ranked 34 in Green energy production is making 11.52% from renewable sources.

    44 minutes ago, Cubical-aka-Moltar said:

    A guy I worked with in Phoenix was very interested in getting a Model 3, gave up and bought a Bolt.  Already has a Volt.  Other than that, most of my office colleagues in Scottsdale drive CUVs/SUVs, trucks and Asian sedans.   I did work with one exec that had a Model S, but she traded it on a Continental. 

    No idea what the EV market is like in NE Ohio..I've seen a few Teslas, loads of Hondas, Kias, Hyundais...higher percentage of domestic cars than in Phoenix I would say, the usual German luxury models in upscale areas,  lots of SUVs and trucks. 

    Ohio is 9.15% renewable production of power. ranked 38th in the US for green energy production.

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    3 minutes ago, dfelt said:

    According to the web site at least your state while ranked 34 in Green energy production is making 11.52% from renewable sources.

    Ohio is 9.15% renewable production of power. ranked 38th in the US for green energy production.

    Got a ways to go..I know the old coal plants along the North Coast have closed, mostly nuclear around here. 

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    1 hour ago, dfelt said:

    Seattle is a High tech growth hub and a very green state as 92% plus of all our power is Green produced.

    Might want to check this source. As of 2012-14, fully 51% came from nuclear, coal & NG. I doubt the state has gone from 51% non-renewable to 0.2% in 3 years. Metric needs to be clarified.

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    1 hour ago, balthazar said:

    Might want to check this source. As of 2012-14, fully 51% came from nuclear, coal & NG. I doubt the state has gone from 51% non-renewable to 0.2% in 3 years. Metric needs to be clarified.

    Wiki is very questionable but I would guess about as good as our own gov web site that I posted. Oregon has a very green gov and if you had checked the 2nd link and changed from Washington to Oregon you would find that as of 2016 they have ZERO Coal power production plants. Natural Gas, 1 nuclear plant and 2 petro plants otherwise all wind, Solar, Hydro and BioMass power plants.

    https://www.eia.gov/state/?sid=OR

    They are very green state. Yes in 3yrs time, you can convert over from dirty greenhouse gas production electric plants to green production plants and the PNW aka Oregon and Washington has made that massive transition. Yes we pay for it as Oregon has a high Income tax, but no sales tax. Washington has no income tax but high Sales Tax. Seems to work for us.

    Also back in the late 90's both states had voter approved to wind down and replace all nuclear plants by 2020. Both states each have 1 plant that will be decommissioned in 2020 as they retire nuclear totally. I will have to look for it, but all petro / NG plants will be converted over to BioMass power generation plants. The goal was by 2025 or 2030 both states are to be 100% renewable electric production.

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    6 hours ago, ccap41 said:

    How many is "many" that you personally know that are waiting to trade in their vehicle for an EV? 

    Personally, I've only met a few people who want an EV and they're mostly just Tesla fans and one person who owns a Leaf. They absolutely love their Leaf, fwiw. 

    Not a Tesla fan but not a hater either.  I'd like to see them succeed but they need to get their crap together on the quality front before that can happen in the mainstream market.  The one thing they have going for them is there probably aren't too many walk home issues which means most of their quality issues are more of an annoyance than anything.

    I have always been a big HP ICE guy but at the same time, I like to try different stuff.  I would seriously consider a Bolt.  I checked one out at NAIAS and didn't think it was too bad.  In fact, I will probably even test drive one within the next few months.  Free recharging at work means no fuel bill for me. That said, the current plan is a good deal on a used CTS-V Sport that I will drive for a year or so and then strongly consider switching over to a Volt or Bolt, but only if the price is right.  I'm definitely not an early adopter that will spend whatever to be the first on the block with one. I did, however, by a Cruze diesel just because I had never owned a diesel before. haha

    Edited by 2QuickZ's
    fixed a spelling issue

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