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Electric car makers put the brakes on UK production because they are too expensive to sell

“It is now expected that the UK will produce 280,000 fully electric cars and vans in 2025, down from previous estimates of 360,000.”

By Paul Homewood | Not A Lot Of People Know That | January 13, 2023

Sales of pure electric cars, BEVs, were 267,000 last year, so this new forecast suggests flatlining.

I am not surprised in the least. A large proportion of EV sales are for company cars, due to the various tax advantages bestowed. Most private buyers however appear to be numpties who think they are saving the planet.

EVs offer nothing to the vast majority of the driving public, and it is hard to see any real breakthrough arriving anytime soon.

By coincidence, I was chatting with a BMW Sales Manager this week, who had just been turfed out of his X6 and given the IX electric model (which he says is crap!). The reason was that BMW had been pre-registering a lot of EVs before the end of the year, in order to meet government targets.

He says BMW were under government pressure to do so, though what that pressure is I cannot tell.

And all of this highlights the immense problems facing our car industry as the 2030 deadline nears. They are being forced to invest billions in setting up new assembly lines and engine plants to cater for the new models, whilst at the same time running down conventional car operations. On top of that, they may find that they cannot sell all of the EVs they are producing; or alternatively if they cut back on EV output, they risk losing market share.

January 14, 2023 - Posted by | Economics, Malthusian Ideology, Phony Scarcity |

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