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Has The Electric Car Bubble Burst?


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#256 humph

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Posted 29 October 2024 - 01:52 PM

Hopefully the upcoming EV ved will also help weed

out the people who are driving EV’s for tax reasons rather than the claimed eco benefits. Yes, that’s those of you who don’t keep them long enough to offset the production co2 numbers.

 

 

Well that depends on your agenda, you can find an answer to suit whichever side of the ev fence that you sit on. There are lots of variables based around the manufacturers production methods, end users energy supply, usage. My understanding is that keeping an ev for less than three years isn’t good for anyone though, unless they can charge it with 100% renewable energy. 

Agree with PoolGuys second post here, the answer will depend on many variables to give a definitive answer.

 

With regards the tax savings I’m not sure very many private buyers buy an EV based on saving a bit of VED, there are too many ICE cars with low VED. Where there is a problem is with company car users taking hybrids for the tax benefits, but then never charging them and running them purely on petrol. Our company is full of them. And lets not start on the manufacturers sticking big petrol engines in cars and bolting a hybrid system to it for the tax benefits.


Edited by humph, 29 October 2024 - 01:56 PM.


#257 sonscar

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Posted 29 October 2024 - 05:27 PM

Don't lots of people rent their cars?Need a new one every three years?I worked once with people who coveted the new registration.Lots of reasons for buying/ renting a new car.Steve..



#258 mab01uk

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Posted 09 November 2024 - 10:09 AM

Crazy electric car quotas?

"Car makers are being forced to build thousands of electric vehicles that customers don't want – and they face large fines if they don't.

That's the strategy being pursued by the Government because of a green plan dreamed up by civil servants that could lead to a glut of expensive EVs. 

Further still, it could create a shortage of low-polluting, petrol-electric hybrids for which demand is booming, crash residual values and destroy what's left of UK car manufacturing as China moves in to mop up.

Ultimately, UK consumers will pay the price, along with motor industry workers and suppliers who face losing their jobs as factories are forced to close.

But don't take my word for it. Ask Labour peer and former trade union leader Lord Woodley of Wallasey, who has condemned the plan as 'political suicide'.

He should know. As a teenager, Tony Woodley began his automotive career at Vauxhall's Ellesmere Port plant in Merseyside.

When I first met him in the mid-1990s, he was the hard-nosed but highly respected chief motor industry negotiator for the giant Transport and General Workers' Union (TGWU), before becoming its general secretary from 2004 and joint general secretary of the Unite union from 2007 to 2011.

Like industry bosses, he has stressed that moving towards an electric future is right – but what is wrong is the unsustainable timetable and draconian fines."

RAY MASSEY: How I wish they'd scrap crazy electric car quotas:-

https://www.thisismo...car-quotas.html

 

How does the ZEV mandate work?
"The ZEV mandate has a headline target of 22 per cent BEV (Battery Electric Vehicle) sales for each car maker. This will rise incrementally to 100 per cent in 2035.
Manufacturers face hefty fines of £15,000 for each car sold outside the target.
With the new Labour government bringing forward the ban on new petrol and diesel cars to 2030, the ZEV mandate may shift even closer.
However, the mandate works on a credit-based system where manufacturers are awarded or stripped of credits if they overperform or underperform on these targets."

Annual ZEV Mandate targets to 2030
2024: 22% (10% for vans)
2025: 28% (16% for vans)
2026: 33% (24% for vans)
2027: 38% (34% for vans)
2028: 52% (46% for vans)
2029: 66% (58% for vans)
2030: 80% (70% for vans)
Source: DfT

 


Edited by mab01uk, 09 November 2024 - 10:40 AM.


#259 Shooter63

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Posted 17 November 2024 - 06:09 PM

Adverts for this started popping up on my LinkedIn feed last week, it's the new Sprinter which is pretty much the go to van for a lot of delivery companies, but no this is the new ESprinter in long range mode which means I can actually get further than the end of the depot road before needing a charge up when full of parcels. You would think that said companies would jump at the chance of doing their bit for the environment, but as ever with EV's or so it seems there is a snag, the poxy thing weighs so much with the long range batteries that you need an LGV license to drive it.

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#260 sonscar

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Posted 17 November 2024 - 09:44 PM

I thought the limit for electric vans was raised over the 3.5t to address this license problem?Steve,



#261 humph

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Posted 18 November 2024 - 08:55 AM

I thought the limit for electric vans was raised over the 3.5t to address this license problem?Steve,

 

 

"In 2018, the UK secured a derogation from the European Commission which allowed category B licence holders to drive alternatively-fuelled goods vans with a maximum authorised mass (MAM) of 4,250 kilograms (kg), over the standard 3,500kg entitlement."

 

https://www.gov.uk/g...uelled-vehicles

 

https://www.legislat...20180784_en.pdf

 

Outcome of the above consultation and proposals below.

 

https://www.gov.uk/g...uelled-vehicles

 

 

 

 


Edited by humph, 18 November 2024 - 09:09 AM.


#262 PoolGuy

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Posted 18 November 2024 - 09:13 AM

 

I thought the limit for electric vans was raised over the 3.5t to address this license problem?Steve,

 

 

"In 2018, the UK secured a derogation from the European Commission which allowed category B licence holders to drive alternatively-fuelled goods vans with a maximum authorised mass (MAM) of 4,250 kilograms (kg), over the standard 3,500kg entitlement."

 

 

 

 

That's what you call desperation. 



#263 Shooter63

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Posted 18 November 2024 - 08:17 PM

I thought the limit for electric vans was raised over the 3.5t to address this license problem?Steve,


Apparently it's gross weight is 4.35 tonne which falls outside the limit, I did check a few what I would call legit sites rather than the sensationist ones.

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#264 mab01uk

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Posted 26 November 2024 - 08:30 PM

Vauxhall's parent company Stellantis has announced plans to close its van plant in Luton UK in April.
"The closure of Luton brings to an end 120 years of manufacturing history after Vauxhall first set up shop there in 1905. Ellesmere Port will be its only remaining UK plant. Stellantis said earlier this year both plants were at risk because of government pressure on car firms to ensure 22 per cent of cars sold were purely electric by the end of this year. For each purely petrol or diesel car sold beyond the target, car firms will be fined £15,000 - and £18,000 for each van. Labour's transport secretary Louise Haigh has  refused to back off on the targets. Demand has grown for plug-in hybrid and hybrid vehicles which come with lower road tax, but do not contribute to the ZEV mandate so good for motorists, not car makers. The Tory government extended the ZEV mandate deadline to 2035 for all new vehicles to be purely electric but Labour has pledged to roll that target back to 2030..."

 

Ford cuts 800 jobs claiming weak demand for electric cars.
"In addition to the cuts in the UK, Ford will be shedding 2,900 jobs in Germany and another 300 in the rest of Europe. They claim demand for electric cars simply isn’t high enough yet, forcing them to offer unsustainable discounts in an effort to meet their targets. Among the issues they face are high energy costs, weaker than expected demand for electric cars and growing competition from Chinese manufacturers. Many of the continent’s biggest names, including Volkswagen, Mercedes Benz and BMW have seen their profits tumble this year. Volkswagen is even contemplating the closure of factories in Germany, a step that would be unprecedented."
https://www.bbc.co.u...es/c20626dy9d6o


Edited by mab01uk, 27 November 2024 - 07:50 AM.


#265 Shooter63

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Posted 28 November 2024 - 10:00 PM

With all the news of redundancy being announced, It really doesn't matter what your views are on the pro's or cons of EV's , there are going to be some pretty crappy Christmas's about this year.

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#266 Steam

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Posted 29 November 2024 - 08:21 PM

These companies chose to make EVs instead of continuing with real cars so no sympathy for the fat cats, however the employees caught up in this game of monopoly have my utmost sympathy.

#267 Bobbins

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Posted 30 November 2024 - 09:56 AM

It’s actually government forcing them to make EVs, not really a choice they themselves have had the luxury to make.

The world changes though and whether legacy car makers are part of the future will depend upon whether they are able to change with it. Some will not be able to make the change despite being considered top players in the industry. Remember Nokia …

#268 MatthewsDad

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Posted 30 November 2024 - 10:46 AM

These companies chose to make EVs instead of continuing with real cars so no sympathy for the fat cats, however the employees caught up in this game of monopoly have my utmost sympathy.


Unfortunately they have been legislated into this with huge fines if they don't meet state-imposed targets, even if demand doesn't meet supply. The government can rectify this, it's their call.

#269 PoolGuy

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Posted 30 November 2024 - 10:55 AM

Prior to the 2024 general election, the Labour Party published a policy paper on its plan for the UK’s automotive sector.[12] It said that “years of neglect by the Conservatives risk leaving the UK automotive industry being lapped by competitor countries”. It criticised the Conservative government’s decision to “water down” the 2030 phase out of petrol and diesel vehicles, and committed to reintroducing the ban from 2030.”

 

Based on recent events, you’ll still be able to buy a car with a proper engine in 2031.



#270 mab01uk

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Posted 30 November 2024 - 04:37 PM

It’s actually government forcing them to make EVs, not really a choice they themselves have had the luxury to make.

The world changes though and whether legacy car makers are part of the future will depend upon whether they are able to change with it. Some will not be able to make the change despite being considered top players in the industry. Remember Nokia …

 

And some older TMF members may also remember the British Motorcycle industry at its postwar peak in the 1950s and '60s....


Edited by mab01uk, 30 November 2024 - 04:37 PM.





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