Overview over the global Automotive Industry

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Electrical cars vs Combustion Engine Costs

https://insideevs.com/news/444542/evs-45-percent-more-expensive-make-ice/#:~:text=EVs%20Are%20Still%2045%25%20More,Make%20Than%20Combustion%2DEngined%20Cars

Oliver Wyman estimated in 2020 that EVs Are Still 45% More Expensive To Make Than Combustion-Engined Cars. The total cost for manufacturing a compact (C-segment) combustion-engined car is around €13,900, and a EV cost is €20,200, the battery pack – at €8,000 – is the main responsible for the total cost.

By 2030, the consultancy believes battery prices will be around $85/kWh. Even then, electric cars would be 9 percent more expensive to produce.[1]

Recent reports from 2022, show that raw material costs for electric vehicles more than doubled during the coronavirus pandemic. Average raw material costs for an EV totaled $8,255 per vehicle as of May, up 144% from $3,381 per vehicle in March 2020, led by materials such as cobalt, nickel and lithium – all essential for the production of batteries used to power electric cars and trucks. EV-specific costs have increased to $4,500 from roughly $2,000 in the past two years, according to AlixPartners.

Raw material costs for traditional vehicles with internal combustion engines have also more than doubled during that time period to $3,662 per vehicle, up 106% from an average of $1,779 per vehicle in March 2020. That uptick is being led by increases in steel and aluminum. [2]

According to AlixPartners, the price of raw materials used in electric vehicles is now around 125% of the cost of raw materials used in ICE vehicles. [3]

Profit margins by company

Company Gross profit per car Net profit per car[4]
Tesla $           15,653 $               9,574
GM $             3,818 $               2,150
BYD $             5,456 $               1,550
Toyota $             3,925 $               1,197
VW $             6,034 $                  973
Hyundai $             5,362 $                  927
Ford $             3,115 $                (762)
Xpeng $             4,565 $           (11,735)
Nio $             8,036 $           (19,141)

Teslas Margins

Simplification - Just one Production Line?

Direct sales to costumers?

2008/9 Recession

Sales (million) 2007 2008 2009 2010 2007-2008 Change 2008-2009 Change[5] 2009-2010 Change
China 7.589375 8.151446 12.458877 7.41% 53%
United States 16.10448 13.203105 10.408939 -18.02% -21%
India 1.388084 1.408721 1.677511 1.49% 19%
European Union 17.77774 16.37074097 15.30654692 -7.91% -7%
Japan 3.718892 3.493202 3.225547 -6.07% -8%
Rest of the world 18.78119 19.48725728 17.32251186 3.76% -11%
Total 65.35976 62.11447225 60.39993278 -4.97% -3%

Volkswagen Group

See also: Volkswagen:Deliveries | Volkswagen:Brand overview

Volkswagen group deliveries increased by 1.27% in 2009. However, revenue fell by -7.6% and operating profit by -70%. [6]

Worldwide Segment 2007 2008 2009 2010 2007-2008 Change 2008-2009 Change 2009-2010 Change
Volkswagen Passenger Cars Economy+ 3,663,154 3,667,843 3,954,454 0.13% 7.81%
Audi Premium 964,151 1,003,469 949,729 4.08% -5.36%
Škoda Economy 630,032 674,530 684,226 7.06% 1.44%
SEAT Economy 431,024 368,104 336,683 -14.60% -8.54%
Bentley Luxus 10,014 7,604 4,616 -24.07% -39.30%
Lamborghini Luxus 2,406 2,430 1,515 1.00% -37.65%
Volkswagen Commercial Vehicles Trucks and Buses 488,726 502,265 361,506 2.77% -28.02%
Scania Trucks and Buses 30,527 43,443 42.31%
Bugatti Luxus 81 71 50 -12.35% -29.58%
Total 6,189,588 6,256,843 6,336,222 1.09% 1.27%

Porsche

Worldwide Segment 2007 2008 2009 2010 2007-2008 Change 2008-2009 Change 2009-2010 Change
Porsche Luxus 75,238 -24%

At the Porsche subgroup, unit sales fell 24% to 75,238 vehicles in 2009. [7]

  • Sales in German market fell by 9% to 12,291 vehicles
  • North America sales fell by 30% to 22,659 units
  • Rest of the world sales fell by 23% to 40,288

References

  1. ↑ https://insideevs.com/news/444542/evs-45-percent-more-expensive-make-ice/#:~:text=EVs%20Are%20Still%2045%25%20More,Make%20Than%20Combustion%2DEngined%20Cars
  2. ↑ https://www.cnbc.com/2022/06/22/electric-vehicle-raw-material-costs-doubled-during-pandemic.html
  3. ↑ https://www.azocleantech.com/article.aspx?ArticleID=1644#:~:text=The%20average%20new%20EV%20price,over%20%248%2C000%2C%20according%20to%20AlixPartners.
  4. ↑ https://www.visualcapitalist.com/charted-teslas-unrivaled-profit-margins/
  5. ↑ https://www.iea.org/data-and-statistics/charts/global-car-sales-by-key-markets-2005-2020
  6. ↑ https://www.volkswagenag.com/presence/investorrelation/publications/annual-reports/2010/volkswagen/Y_2009_e.pdf
  7. ↑ https://www.porsche-se.com/fileadmin/downloads/investorrelations/events_and_presentations/annualgeneralmeeting-2010-january/Annual_Report_2008_2009_.pdf
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