Reality and fantasy are colliding here.
Philip Nothard, insight director at Cox Automotive, has warned a loss of affordable combustion vehicles could have a sizeable impact on the used car market.
He has claimed traditional petrol and diesel models will “be all but gone” within years as manufacturers divert their attention to EVs.
I don’t know what planet this twat is living on, but it ain’t this one. More and more private buyers are declining the wonderful offer to buy a milk float and manufacturers are starting to feel the pinch. Toyota never jumped fully on the bandwagon, while the likes of Ford and Mercedes did. Both manufacturers are backpedalling in the face of a consumer pushback and Ford has made massive losses, so is planning to keep ICE going in a sperate entity.
Meanwhile, between 2024 and 2027, experts have predicted the number of battery electric models registered will soar by a staggering 160 percent.
‘Experts’ made similar predictions about covid deaths. They were wrong, too.
And right on cue…
‘Shocking depreciation’ of electric cars last year has made half of motor dealers wary of buying them to stock their forecourts, according to a new report.
Owners of electric vehicles (EVs) are being warned to ‘expect little enthusiasm’ when trying to sell their battery-powered cars to dealerships, a poll of second-hand motor traders by HonkHonk suggests.
More than one in three dealers said they are ‘much less interested’ than a year ago in taking an EV off somebody’s hands, while one in eight are ‘a bit less interested’ having seen thousands of pounds being wiped off the value of these cars when prices plummeted last year.
I’m going to make a prediction – the ICE is going nowhere. It may be against the ropes, but it’s not down and as the deadline gets closer and manufacturers can’t shift the electric lemons, they will fight back just to survive.
By coincidence, the Arab states are currently preparing to launch a low-cost ICE car across Africa, a booming potential market, initially to defend oil sales lost to the EV nonsense. However, like the Dacia Sandero, once established that model will then become available to other countries.
Killing two birds with one stone, they’ll stiff both the EV lobby and the mainstream manufacturers who won’t be able to compete on price. No more than they deserve for deserting their customers.
It’s an EV or nothing as far as the wankers in power are concerned. Long term there won’t even be the choice of EV.
Meanwhile the EU are planning on banning repairs on car over 15 years old
I saw that. It’s unenforceable. Bear in mind how we keep old classics on the road and in Cuba they kept those old cars going despite the embargo. It will go underground.
I predict a vibrant market for keeping used ic’s on the road after 2035. Not expecting to drive ev in my lifetime anyway.
There are two possibilities: we’re either going to end up living in a dystopian hellhole resembling Peking circa 1978, or someone’s going to tell the anti-car lobby (for whom the EV industry is merely a stalking-horse) to get bent.
At this stage, I still think it could go either way. For every London “blade runner”, there are a thousand people here in Glasgow sighing heavily and ponying up for the about-to-be-doubled fees for residents’ parking permits, while the allegedly cash-strapped Council spends a fortune on narrowing the streets and eliminating parking spaces.
What the hell is an insight director? If this numpty thinks that EVs are the future, he’s not very insightful. Still, I couldn’t give a monkeys as I’m not paying his wages
I’m sure you’re paying the wages of his public sector counterparts though…
That’s because they did their own research rather than listening to the anti-scientific twaddle of the Government “experts” and came to the conclusion that for the required raw materials to manufacture an Electric Vehicle, they could build 6 hybrids or 90 hybrid electrics.
Given that prognosis, ICE vehicles might not be sold by the major manufacturers in years to come, but they’ll be resold as used in whatever condition (even completely knackered) for ever increasing prices.
Reality will not give the climate autists any breaks over Net Zero, because it is nonsense on stilts, like most “Green” Marxism, just an attempt to get the country to destroy itself for no reason.
I recall that when the Iron Curtain came down and the Communist east opened up, Soviet flagged ships leaving the Tyne stacked high with Ladas. The crews visited scrap yards and bought up the cars to sell on in their homeland. They were either broken for spares or they made one decent one out of several and kept going like that.
I can see that popular models (Toyota Corolla for example) being similarly recycled.
See also, Cuba.
There was a post on Paul Homewood’s blog about the collapse in the prices of second hand EVs. It got me thinking about how cheap they would have to be before I would buy one. I don’t think that I would want one even if they were free.
Let’s be honest, without various governments throwing sackloads of taxpayers money at them they would hardly have sold any EVs at all. For EVs to so thoroughly replace ICE cars the way that
Philip Nothard predicts they would have to be significantly better. This has happened many times before without government interference, flat screen TVs, smart phones, CDs back in the 1980s, I’m sure other people can think of more examples. Interestingly cordless power tools have largely replaced corded ones. I rarely use my corded power drill now because the cordless one is so good, so battery technology can succeed in the right applications.
Of course. I now have a battery powered heated fleece when winter riding. The battery lasts most of the day and I carry a spare. I used to have to wire my previous one into the bike. This is much simpler and doesn’t mean separate wires and controllers. But amplify that out to cars and it really doesn’t work as is obvious to anyone with any common sense.
I have been using a cordless drill for years. Variable speed, variable torque.
It has a handle on top to hold it steady and control the thrust pressure and another handle on the side which controls speed and torque depending on how fast I turn it.
Made by Stanley. In England! Remember when me made stuff?
Dacia have just thrown a spanner in the works, their electric hatchback is coming here with prices from £14k to £16k depending on power on offer (and presumably longer range with the more expensive), that’s some £12k cheaper than even a MG battery jobbie and half the price of pretty well any other basic battery car, that’ll get some overpaid execs of car makers thinking who’ve gone along with the WEF instructions.
If small hatchback battery cars were that sort of price and capable of 100 reliable miles in any weather they would make the perfect city or work commute car or 2nd car.
Only petrol for me. No EV’s
It’s not just that second hand card dealers won’t buy used milk floats for fear of ending up with a loss
‘We don’t want your electric cars’: Why half of used motor dealers are reluctant to buy second-hand EVs
It’s that even the brand new ones are lying about the mileage, or at least providing mileage range which is hard to replicate in the real world (much like Volkswagen’s real-world vs test emissions).
How far electric cars fall short of their advertised range…
This is going to end up in another mis-selling scandal when all is said and done. Because of Government interference Joe Taxpayer is going to have to cough for the compensation.
EVs are also becoming uninsurable – the repair issues, or lack of skills and parts supply-chain to do them, plus the risk of combustion, mean that insurers are having to pay out for extended periods of hire cars while the damaged EV sits in a compound awaiting bits, gathering dust and depreciating. They don’t like that idea, so premiums are now often 5x the equivalent ICE car – that buys a lot of petrol.
There is no aspect of an EV that is superior to a modern ICE car, hence no logical reason for those with a working brain-cell to have one.
There really is no limit to the infantilised stupidity of “green”. Recently a train (train!) ran for, I believe 80 odd miles on “battery power alone”.
Nice to know all that rail subsidy is being spent so sensibly (although compared to what is being spunked away on HS2 and milk floats, it’s not even a minor quantum flutuation)
Ye gods!!!
Trains, where we already have the proven technology to electrify them without using batteries. Utter insanity.
There must be a potential market for “Re-Powering” EV’s when the batteries die. I’ve got a YT clip from the ‘States featuring a former Tesla engineer who now does a nice line in making good Tesla’s from the bits of others. But his best effort (as far as I’m concerned), is one with a real beating heart – a 6.2 litre V8! Most surprisingly, he’s managed to integrate the original Tesla software and features with a stand-alone engine management system. And in typical US style it’s a real show stopper, incorporating some brilliant engineering and a superb finish.