EVs: The Reckoning Begins
10 hours ago Guest Blogger 46 Comments
Roger Caiazza
Irina Slav on energy Substack is described as “All things energy. Challenging the dominant narrative because facts matter”. Her latest article “Post Ridiculous” describes the possible last straw for EV adoption.
Slav introduces her post with an extraordinary quote admitting that all is not right for EVs:
“We can’t push EVs into the market against demand.” Thus spoke the head of Ford’s European operations this week, commenting on the company’s plans to start diverting ICE car deliveries from the UK to the continent. Why? Because the UK has EV sales goals and if carmakers don’t align their business with these goals, they face substantial penalties.
“We are not going to sell EVs at huge losses just to buy compliance. The only alternative is to take our shipments of [engine] vehicles to the UK down and sell these vehicles somewhere else,” the brave man, by the name of Martin Sander, said, speaking at the FT’s Future of the Car conference in London.
https://www.ft.com/content/ff0f3966-0565-434b-81a7-9b2bb3c20e21https://wattsupwiththat.com/2024/05/08/post-ridiculous-evs/