Electric car demand plunges across Europe
April 18, 2024
By Paul Homewood
h/t Philip Bratby
The car of the future!!
Electric car sales plummeted across Europe last month as demand dried up despite the EU’s push to ban petrol and diesel vehicles by the middle of the next decade.
Sales of battery-powered cars dropped by 11.3pc as demand in Germany, Europe’s largest economy, plunged by 28.9pc, according to the European Automobile Manufacturers’ Association (ACEA).
Only 13pc of new registrations were electric, down from 13.9pc in March last year and down from 14.6pc for all of 2023.
Sales of electric cars have stalled despite Europe’s plans to ban the sale of new internal combustion engine cars by 2035.
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It suits the EU’s aims, they’d just as rather no-one drove at all in order to leave the roads clear for the important people to use.
It suits the EU’s aims, they’d just as rather no-one drove at all in order to leave the roads clear for the important people to use.
Paul. That’s clever, I only sent that comment once!
There’s nothing like a bit of extra emphasis!
Range-anxiety, fire risks, high insurance and low re-sale value. What’s not to like!
You can add high running costs, time wasted charging, motion sickness….
…and distance/time spent driving to a suitable garage. A near-neighbour and tesla owner is ditching it because it’s 40 miles to the nearest service garage!
The high accident repair costs for evs, which includes a new battery for the slightest damage to the battery, and their tendency to self-explode causing devastating fires, as we saw at Luton Airport, is increasing the insurance premiums for all vehicles.
And the near zero return value after 4-5 years when you want a new car. !
Oh dear, all those wonderful BEV’s, advertised heavily on TV (notice how very very few ICE vehicles advertised these days), no mention of difficulty in re-charging away from home, no mention of extortionate insurance premiums, everyone smiling, no-one asking “hmmm, after two years what will this be worth”, no-one asking about battery replacement if required (ask any BEV manufacturer about price of new battery pack, blank, blank, blank; then look on WWW re a replacement engine or gear box for an ICE vehicle and page after page advertising with price…….hmmmm, could there be something to hide here), no mention of the fact that a Lithium Ion battery fire is difficult nay impossible to extinguish, or that while it burns, a Chem Haz suit with breathing equipment is a priority due to the toxic chemicals and fumes being emitted- all in all, a great buy.
Ah I see the UK never left the EU after all!
This is what happens when governments try and force consumers and markets to buy something that is not needed. It will only get worse with gas boilers and other SMART appliances. SMART so they can be shut down remotely. Welcome to the 17th century UK.
The majority of the UK sales will be business related due to taxpayer funded perks but we await the leasing meltdown as they try to sell on all these unwanted battery cars.
They only need to look at Hertz’s experience, and the massive loss on EVs they suffered.
Might not need this after all then.
The proposed Morocco to UK interconnector project has seen projected cost rise to £24bn according to project developer Xlinks.
https://www.newcivilengineer.com/latest/morocco-to-uk-interconnector-project-sees-20-cost-hike-to-24bn-17-04-2024/
Morocco has just discovered extensive gas fields. I guess they’ll build gas fired power stations to generate electricity to wire to UK. Wonder what the loses will be during that long transit? More efficient to pump the gas to the UK.
Dale Nutter Vince was on TalkTV this am claiming that that demand isn’t the problem and that there’ll be price parity by 2030.
I assume he’s added BEVs to his other lines of state subsidised business.
Entirely as predicted, the virtue signallers already have an EV so there’s no scope for market growth. Trade in values are little more than zero so we can expect it will eventually dawn on the owners too.
Fools and their money, easily parted but then the idea in the first place was never about universal ownership for evs, now was it?
I’m a firm anti-socialist but nonetheless I dislike regressive taxation. Subsidies for electric cars, subsidies for heat pumps, for solar panels – all these subsidise the rich by taxing the poor. I don’t care for that at all.
Now I see that a new Labour Party economic advisor wants to tax “codgers” but one group of codgers he picks on are the low-income over-75s who get a free TV licence.
This subsidy is means-tested: what madness (or ignorance) tempts him to want to withdraw it?
As soon as the rich n’ famous and the greens buy, there’s no one else, the average joe doesn’t want them nor can afford them ….there’s no one left to buy them
If you look on Auto Trader there are currently 784 two year old Porsche Taycans going for roughly one third of the original base model purchase price of £120K and some of them having the £20K options pack!
two year old Porsche Taycans going for roughly one third of the original base model purchase price of £120K
That’s worse depreciation than used to affect Ford and Vauxhall main stream vehicles. It is quite tempting to buy at that price (or less!) , although insurance could be the biggest issue.
Not just birds, bats and whales
RAF fears fighter jets flying as low as 250ft could hit 650ft wind farm
https://www.dailymail.co.uk/news/article-13320703/RAF-fears-fighter-jets-flying-low-250ft-hit-650ft-wind-farm.html
The RAF have effectively stopped Dale Vince from putting up his wind farm at Heckington. As they wanted information on EMF etc, which he didn’t supply. Waddington, Coningsby and Scampton, I think were the three. D.V. now wants to make it all a solar farm. This has all been going on since 2014. Dread to think how much money he’s made from doing nothing.
There’s more in the Telegraph here:
https://www.telegraph.co.uk/business/2024/04/18/charts-show-scale-europe-electric-car-crash/
Recently, millions of people traveled to places where they could all watch the Solar Eclipse. If they all traveled in electric vehicles, many of them would likely have been in line at charging stations for days.