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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.

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Volkswagen is financially ready for electrification, says CFO

Teslarati

Volkswagen CFO Arno Antlitz said that the auto group is in an excellent financial position to fund electrification. According to Reuters , the Volkswagen CFO clarified that he believes the auto group is financially ready for electrification. billion from their Porsche IPO today, while the brand’s operating profit margin of 7-8.5%

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V2G is the key to the popularity of electric vehicles

Setec Powerr

As more consumers purchase electric vehicles in the coming decades, a huge question is plaguing governments and the auto industry: Can the grid keep up with the dramatic increase in demand for electricity? Porsche and Tesla have also recently launched their V2G pilot programs.

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June 2023 – Tesla Model Y is again the bestseller in Norway

Push EVs

share of Norway’s auto market, up from 89.9% Overall auto volume was 15,566 units, up 4.5% If it sells well, it might motivate others in the performance SUV segment to hurry their own electric offerings (are you listening Porsche?). June saw plugin EVs at 90.9% a year ago. With combined EVs at 90.9%

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EVs dominated the UK car market in December

Push EVs

The UK’s auto market saw plugin electric vehicles take 39.4% Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. This comes against a background of overall auto sales down by 2.0% Porsche and Skoda brands also climbed the ranks by a few spots compared to November.

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Frost & Sullivan analysis suggests momentum toward supplementary 48V on-board power-net

Green Car Congress

However, currently all of these are tied to a simple 12V on-board power supply. The car of today has to step-up from a simple 12 Volt on-board power supply to 42V or a proposed 48V power-net, in order to support all new systems and applications for enhanced performance, thereby demanding a massive investment across the entire ecosystem.

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New: EVAdoption Quarterly US Electric Vehicle (EV) Sales Scoreboard

EV Adoption

We recognize that this scoreboard has limited value today due to the small number and randomness of the these 9 EVs currently included, but part of our goal is to shine a light on the general lack of transparency in the auto industry when it comes to US EV sales data. New to the scoreboard in Q3 was the Audi e-tron GT.

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