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- š December 9: Wholesale Prices, Popeās EV, and Rivianās Charging Play
š December 9: Wholesale Prices, Popeās EV, and Rivianās Charging Play
The Gist
Rivian and Tesla dominate the EV chatter, with Rivian earning sky-high customer satisfaction while tripping over reliability issuesāand Tesla keeping it edgy with Cybertruck recalls and charging moves. Dodge, meanwhile, flexes its muscle car identity with an electric Charger ad that calls other EVs āsoulless,ā because why not?
The Pope is going green with an EV Popemobile, proving holiness and horsepower can coexist. Rolls-Royce offers a DIY luxury experience with a $5,500 miniature model, for those who need bespoke in bite-size. Colorado has dethroned California as the EV capital, thanks to big tax incentives, while Toyota pumps the brakes on its 621-mile Lexus EV until 2027.
VinFast is doubling its production with a new factory, and France hit 15% EV adoptionāled by the retro-cool Renault 5. Whether youāre here for the drama, the data, or the snark, this digest has something for everyone.
Fuel for Thought
ā”ļø Rivian and Tesla: Love, Reliability, and Drama
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Rivian and Tesla are making wavesāfor better and worse. Rivian boasts the highest owner satisfaction in the industry (86%), while Tesla isnāt far behind (72%).
However, both brands stumble with reliability, landing near the bottom of Consumer Reportsā rankings. Meanwhile, Rivian is opening its chargers to other EVs, following Teslaās lead. So, whatās driving their success despite the flaws?
And how can U.S. auto dealers ride the EV wave?
Check out our full analysis to find out how these EV titans are shaping the future of auto retail.
š Dodge vs. Robotaxis: Weakness Is Not an Option
Dodge's new Charger EV ad leans heavily into a combative tone, distancing itself from the "soulless" nature of other EVs. But is muscle car bravado enough to reconcile with an electric future?
Charger Daytona's Debut: Dodgeās first electric muscle car, the Charger Daytona, aims to maintain its "Brotherhood of Muscle" identity while embracing EV technology.
Marketing Tactics: The ad labels other EVs as āsoulless, weak-looking self-driving sleep pods,ā drawing a hard line against traditional EV imagery.
Fratzonic Exhaust: The fake āFratzonic Chamberedā exhaust sound has influencers buzzingāmostly with comparisons to Roblox sound effects.
Market Position: Dodge is clearly attempting to assert dominance in a hesitant muscle car demographic, showing that EVs donāt have to sacrifice power or attitude.
ā” Holy Batteries, Batman! The Popemobile Goes Electric
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The Popeās ride just got a power upgradeāliterally. Meet the 2025 Mercedes-Benz G580 EV Popemobile: a spiritual blend of luxury and sustainability.
Why does the Pope need an EV?
Apparently, saving souls isnāt enoughānow heās saving the planet. With a retuned quad-motor powertrain and pearl-white paint, the Popemobile combines holiness and horsepower.
Whatās so special about this thing?
Aside from the swiveling chair for wave-friendly greetings, itās got low-speed tuning for papal precision. Think Tesla, but with a divine mission.
Can I buy one?
Not unless you have a direct line to the Vatican. For us mere mortals, itās all admiration from afar.
š ļø Build-a-Rolls: Luxury DIY Edition
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Rolls-Royce Gets Crafty
Think you canāt own a Rolls? Think again! Rolls-Royceās Cameo model brings luxury to your living roomāat a ābargainā price of $5,500. This miniature masterpiece combines solid oak, polished aluminum, and the brandās iconic self-leveling center caps for a bespoke collector's piece.
From Assembly Line to Home
The Cameo pays homage to Rolls-Royceās early days, designed for hands-on assembly. Itās not just a toyāitās an art piece that represents the brandās attention to detail, right down to the 3D-printed cabin painted in Grace White.
Rolls-Royceās Miniature Legacy
This isnāt their first foray into mini-luxury. Back in 2020, they released a fully customizable 1:8 scale Cullinan SUV. The Cameo may be smaller and simpler, but itās undeniably charming.
š Wholesale Vehicle Prices: A November Recap
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November saw steady trends in wholesale vehicle prices, with minor dips and gains across segments. Tight supply and strong dealer demand kept the market buzzing.
Manheim Index Rises: The MUVVI climbed to 205.4, a 0.2% year-over-year increase, reflecting healthy demand despite holiday season slowdowns.
Segment Trends: Sedans outperformed, gaining 0.3% year-over-year, while pickups showed the steepest depreciation at 2.3%.
Retail Sales Growth: Used-vehicle sales rose 5% over October and 15% year-over-year, supported by tight inventory and competitive pricing.
EV Depreciation: EVs saw sharper value drops, down 11.4% year-over-year, but improved 0.2% month-over-month in November.
š From Beach to Rockies: Colorado Takes EV Crown
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Colorado Surpasses California
Colorado now leads the nation in EV adoption, with 25.3% of new vehicle sales in Q3 being electric. Thanks to robust tax incentives and infrastructure, the state is setting a new benchmark for EV growth.
Tax Incentives Galore
Buyers can save up to $12,500 through state and federal tax credits. Programs like Vehicle Exchange Colorado add another $6,000 for qualifying individuals, making EV ownership increasingly accessible.
Infrastructure Expansion
With over 5,500 public charging ports and plans for 576 more, Coloradoās Charge Ahead program is addressing range anxiety. The state is poised to maintain its lead in clean transportation innovation.
š Toyota Takes Its Time
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Toyotaās ambitious plans for its 621-mile-range Lexus EVs just hit the brakes, with production delayed to 2027. Strategic move or missed opportunity?
Why the delay?
Toyota says theyāre perfecting gigacasting. Translation: Theyāre playing the long game while competitors scramble for market share.
621 miles? Really?
Thatās the claim, thanks to fancy prismatic battery cells. Letās hope theyāre not adding fairy dust to the mix.
Should we be worried?
Only if you were counting on that three-row electric SUV in 2025. Otherwise, patience is a virtue, right?
š«š· Renaultās Retro Revival Rocks France
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Renault 5 Takes the Crown
France hit a milestone with 15% EV adoption, led by the Renault 5. This retro-inspired hot hatch outsold the Tesla Model Y in November, proving nostalgia and innovation can coexist.
EV Market Trends
Despite political unrest and declining overall sales, hybrid and PHEV segments grew by 34%. The Renault 5ās early success showcases strong domestic loyalty to local brands.
Whatās Next for France?
With EV adoption accelerating, France is poised to become a key player in Europeās clean transportation future. The Renault 5 is just the beginning.
š VinFast Doubles Down on Production
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Vietnamese EV maker VinFast is ramping up its game with a second factory in Ha Tinh province, set to produce 300,000 vehicles annually by mid-2024. With growing international demand for its VF 3 and VF 5 models, the expansion marks a strategic push for global market dominance. Already delivering 44,773 vehicles in the first nine months of 2024, VinFast is on track to meet its ambitious 80,000-unit target. This new facility, alongside plans for assembly plants in India and expansions into Indonesia and the Philippines, underscores VinFastās rapid evolution into a global EV contender.
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