[Social approbation has seemingly forever been a max factor in the Leica appeal. In the absence of respectable royals, people idolize and seek to mimic their celebs. The cameras they ponce around with simply must be the best, that seems to be the way it works. Fame and ostentation work.]
Leica feels the company must move into a digital M future with great care, but have little doubt they certainly want to do so. M cameras are 40% of their camera business but the kind of thing Jorge wants lies most comfortably in the SL section of the business. And, despite massive development and promotional activity over a considerable time now (over a decade), the SL line has gained a share of Leica of just 12%, with the very M-derived Q series accounting for another 40%.
The Q3 43 weighs the same as the bare SL camera bodies. So Q and M account for 80% of Leitz Camera stills photography. And pushing the figure even higher, very large numbers of SL cameras are partly or primarily used with the small and light and charismatic M lenses. The Q3 43 is around 1,000 USD below the EV1 in RRP. We don't know the percentage of M sales that are EV1 cameras.
These data are the foundation for analysis. Leica calls selling the SL line 'a challenge'. AI gets to the point more smartly:
'Tougher Mainstream Competition: Unlike the niche, heritage-driven dominance of the M and Q lines, the SL series (such as the SL3) competes directly in the crowded, high-performance full-frame mirrorless market against heavyweights like Sony, Canon, and Nikon.'
It seems the SL line did not, and will not, inherit the mystique and aura of the M series. It is just an imaging tool, struggling uphill against the Japanese, despite being released nearly three years ahead of full-frame mirrorless cameras from major Japanese brands like Nikon, Canon, and Panasonic. Clearly, it cannot be seen as central Leica or elite Leica, or crucial Leica.
Will people revere a mini-SL M en masse? What traditional eminence and cache will transfer to an EV-M line?
They must be very, very careful with moving the faithful forward into the much more profitable EV camera series. Baby steps.
'Traditional Leica M rangefinders rely on a complex, precision-machined mechanical assembly consisting of roughly 130 individual pieces that demand extensive manual alignment, calibration, and hand-assembly by skilled technicians (German labor costs). The M EV1 eliminates this mechanical rangefinder mechanism.' 'While assembling and sealing an electronic viewfinder module involves QA and display calibration, it shifts the labor away from fine mechanical optical adjustment toward a more manageable modular electronic sub-assembly.'
Ironically, in the EV1, they are moving from a focus system only they do, to a system everyone else does, one that is well-understood, automated, easily procured and refined to the nth degree, after two decades of R&D.