Author Topic: EV Sales Collapse Globally As Taxpayer Subsidies Dry Up  (Read 491 times)

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Offline rangerrebew

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EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
« on: March 05, 2023, 07:24:25 am »
WRITTEN BY AJOT ON MAR 3, 2023. POSTED IN LATEST NEWS

EV Sales Collapse Globally As Taxpayer Subsidies Dry Up

electric car snowThe global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3% year-on-year increase over January 2022.

The EV market share among all passenger car sales also tumbled to 14% in January, well down on the 23% seen in December. [emphasis, links added]


EV sales have been on a relatively consistent upward trajectory in recent years – aside from periods impacted by Covid-19 pandemic-related supply chain issues – and a significant collapse in sales is worrying news for the industry.

Tax credits and government subsidies have propped up the EV market to date as countries identify passenger car fleet electrification as a core tactic for meeting net-zero emissions goals, but the reduction or removal of these subsidies this year has dampened consumer sentiment.

https://climatechangedispatch.com/ev-sales-collapse-globally-as-taxpayer-subsidies-dry-up/
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Offline catfish1957

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Re: EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
« Reply #1 on: March 05, 2023, 08:39:14 am »
Hmmmm....

Who didn't see that coming?

(1) Subsidies?  Gubmit has and still has been doing that from what I have seeing.
(2) Word has gotten around about the logistics problems of having an EV
(3) Word has also gotten around about what kind of costs you will be seeing if you have significant maintenance problems.
(4) Safety-  Show of hands of anyone who really wants to put one these in their garages.
(5) Scam itself.  I think the population is surely, but slowly understanding the whole dynamic around the scam of climate change, and some don't want to be shamed, then embarassased that they were duped.
(6) Market itself may be hitting a wall.  There are many like myself who came from the oil industry, who see this as a political ploy to destroy this industry.  An industry btw, that people in it, tend to be politically conservative.   
(7) Extreme Weather- More an more reports at, at least the local level, of how undependable EV's are in extreme heat, cold, or snow.
(8) Disngenous and overall idiotic pols, and their energy policies.-  As our socialist government continues to take us over the green energy cliff, KWH's are going to be scarce, and the sheer idiotic hypocricy became evident last year when Newsome asked people not to charge their EV's because of an electricity shortage.  In comedic terms.....   You just can't make this shit up.
(9) And even costs....   Even with the subsidies, and shaming, EV's still are runnng 25-50% higher than their IC counterparts. 

In my case, they will have to pry my cold dead hands off the steering wheel of my V-8 Truck.
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Offline Kamaji

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Re: EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
« Reply #2 on: March 05, 2023, 08:58:54 am »
Surprise, surprise. 

Offline LMAO

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Re: EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
« Reply #3 on: March 05, 2023, 09:11:59 am »
Another progressive fantasy crashing into reality
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Re: EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
« Reply #4 on: March 05, 2023, 11:19:55 am »
ICE ICE baby. has a whole new meaning today.
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline Kamaji

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Re: EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
« Reply #5 on: March 05, 2023, 11:21:23 am »
ICE ICE baby. has a whole new meaning today.

:thumbsup: