One of the largest automotive groups in the UK, who only deal in prestige brands, told me yesterday that they are not currently buying any hybrid or electric vehicles to supplement their nearly new stock. I’m sure this will be a temporary situation, but I can only assume this is because their current electric and hybrid stock isn’t selling.
With electricity prices set to be high for the foreseeable future, and with petrol prices now coming down, is our headlong rush to electrification ill-judged? Are switched-on consumers voting with their current buying preferences already?
I then read this article, which is full of disturbing facts which raise significant doubts about the validity of the UK government’s decision to ban the sale of diesel and petrol cars from 2030.
Certainly, if you can afford an electric car, it will give some people, primarily those who can charge at home and who tend to drive short distances, cheapish, clean motoring. But, for those who will need to charge on the go, electric motoring is looking less and less appealing. Adding this to the fact that making an electric car produces more CO2 than the conventionally fuelled equivalent, and it seems Akio Toyoda, the Toyota boss, is right when, as reported just before Christmas, he said that electric vehicles cannot be seen as the only option for future road transport.
See here:
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