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Drudge Retort: The Other Side of the News
Thursday, April 11, 2024

Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol. Electric vehicle (EV) sales fell by 24pc in the first three months of the year as high inflation and rising energy prices dampened demand. Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while sales of combustion engine cars climbed 4pc to nearly two million.

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The drop-off in EV demand comes as politicians in the region rollback subsidies and reconsider ambitious targets to dump petrol and diesel cars. In September, Rishi Sunak, the Prime Minister, pushed back a deadline to block new petrol and diesel sales in the UK from 2030 to 2035. Incentives for drivers buying new EVs were scrapped in 2022. Data suggests that demand for petrol cars is rising faster than for electric models in Britain.

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Rising oil prices convinced people to buy gas powered cars...

Ok

#1 | Posted by LegallyYourDead at 2024-04-11 06:53 PM | Reply

@#1 ... Rising oil prices convinced people to buy gas powered cars... ...

My guess would be that as people learn more about EVs, they start to realize the downside of having to tote around super-heavy 400-mile-capable batteries for their daily 30 or 40 mile jaunts is not worth it.

For starters, a larger battery is needed to tote around that larger battery.

OK, can you see that positive feedback loop?

Taking a step back, I have to ask, are EVs based upon an incorrect solution to the problem we need to resolve?

#2 | Posted by LampLighter at 2024-04-11 07:29 PM | Reply

They don't typically drive big battery cars. Those are only for the very rich. EU countries tend to have punitive horsepower taxes so the small battery EVs are what sell.

#3 | Posted by sitzkrieg at 2024-04-12 09:19 AM | Reply

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