Electric car demand slumps to four-year low

By Free Republic | Created at 2024-09-28 14:02:33 | Updated at 2024-09-30 11:38:17 1 day ago
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Electric car demand slumps to four-year low
Telegraph ^ | 9/28/24 | James Titcomb

Posted on 09/28/2024 5:56:04 AM PDT by central_va

Interest in electric cars has slumped to its lowest level for four years as an increasing number of drivers say they will stick with petrol-powered vehicles.

Figures from the Department for Transport show that just 13pc of all drivers plan to buy a fully electric car as their next vehicle.

By contrast, interest in combustion-engine cars has risen, with 37pc of motorists saying they will buy a petrol-powered vehicle, up from 31pc a year earlier.

The figures represent a new setback to Labour’s plans to ban the sale of petrol and diesel cars by the end of the decade.

The 13pc of people planning to buy an electric vehicle is the lowest since the summer of 2020, when the vehicles were much less widely available. It is down from 16pc this time last year and a peak of 19pc in the summer of 2022. Interest in hybrids has also dipped.

The latest figures show that around 30pc are now seeking to buy them as their next car, down from 35pc in 2022.

Among potential hybrid buyers, motorists are increasingly opting for older non-plug-in variations that largely rely on internal combustion engines.

The DfT’s Future of Transport programme regularly surveys the public on their attitude towards technologies such as electric cars, driverless cars and e-scooters.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: ev; icerever; unwanted

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I predict there may be a huge "firesale" on EVs very soon.

1 posted on 09/28/2024 5:56:04 AM PDT by central_va


To: central_va

2 posted on 09/28/2024 5:56:52 AM PDT by FlingWingFlyer (The Jamaican/Injun "immigration" plan. Dilute and pollute until America is a third world sewer..)


To: central_va

Let me know when ‘The Beast’ is an EV...............


3 posted on 09/28/2024 5:58:29 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)


To: FlingWingFlyer

Seriously though, why can't Tesla make a greay hybrid? Why all EV all the time?

4 posted on 09/28/2024 5:59:34 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)


To: central_va

Have they tapped their available market?


5 posted on 09/28/2024 6:02:22 AM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )


To: central_va

I predict that Elon will sell off Tesla. Don’t ask me how...


6 posted on 09/28/2024 6:02:52 AM PDT by Sacajaweau (mY)


To: Red Badger

“Let me know when ‘The Beast’ is an EV...............”
Heh, then we could have a dead battery outside with an “almost dead” president inside.


7 posted on 09/28/2024 6:03:39 AM PDT by Da Coyote


To: xzins

Have they tapped their available market?

Shocking, electrifying!!!

8 posted on 09/28/2024 6:05:02 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)


To: central_va

9 posted on 09/28/2024 6:06:22 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)


To: central_va

Good luck trying to sell a used EV. Who in their right mind woukd buy a car whose replacement battery costs $10,000 or more?


10 posted on 09/28/2024 6:11:13 AM PDT by volare737 (Diversity is something to be overcome, not celebrated.)


To: Sacajaweau

Tesla is far more than a car company. Tesla is a leader in applied AI also. The error in thinking is that the goal is to have everyone driving an electric car.

The actual Tesla goal is to make the best cars in existence and to sell to those that understand the product thus making extreme profits.


11 posted on 09/28/2024 6:12:46 AM PDT by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)


To: volare737

Good luck running a 50a 220v service to the outside of your house or garage. After pricing eveything to do that I said forget it. That is with me doing all the labor.

12 posted on 09/28/2024 6:14:03 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)


To: central_va

Saw a guy on Fox Weather, standing in front of a house, with a clear view of what was left of the garage.

He said that it “appears” that an EV car interacted with the sea water and caught fire, burning down the house - in the midst of a hurricane!


13 posted on 09/28/2024 6:15:17 AM PDT by airborne (Thank you Rush for helping me find FreeRepublic! )


To: central_va

I predict there may be a huge “firesale” on EVs very soon.
__________________________
It turned out to be nothing more than a very expensive fad and the fools who got snookered are left wondering how they could have been so stupid. If it’s Musk with EV’s or Trump with the jab it just goes to show that even the smartest guys around can get taken.


14 posted on 09/28/2024 6:16:00 AM PDT by iontheball


To: bert

I’m just talking the EV car business.


15 posted on 09/28/2024 6:18:16 AM PDT by Sacajaweau (mY)


To: bert

Tesla also has androids coming out soon..


16 posted on 09/28/2024 6:18:48 AM PDT by mowowie (When is the trillion?)


To: FlingWingFlyer

I would love to know what percentage of electric vehicle owners rely on it exclusively as their mode of transportation.

17 posted on 09/28/2024 6:28:13 AM PDT by JoeVortex (Where's the cat?)


To: volare737

I think that’s one of the major reasons people won’t buy EV’s. Unlike a gasoline or diesel car. Depending on age and condition, the dealer will either go through it replace where parts, basic fluid changes, etc. And put it back on the lot and can still make money from a second sale. If it’s an older model car that they don’t want to put on their lot, they can still make money selling it at auction where it will be snapped off by some used car lot who will do the same thing.

With electric vehicles, would you trade the red, you’re doing it because the battery doesn’t hold range. At that point, the cars have little value, then you factored in $10,000 battery replacement and the essentially scrap at that point.


18 posted on 09/28/2024 6:34:42 AM PDT by matt04 ( )


To: iontheball

The government helped “snooker” some people with the tax rebate subsidy.


19 posted on 09/28/2024 6:35:01 AM PDT by volare737 (Diversity is something to be overcome, not celebrated.)


To: volare737

EVs are such failures even car jackers don’t want EVs.


20 posted on 09/28/2024 6:36:47 AM PDT by No name given ( Anonymous is who you’ll know me as)


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