1. In Europe data showed that 19% of new cars are of Electric in nature. What is interesting is how that number is occurring.
In Spain, EV prices are not falling even with subsidies. What is happening is gasoline and diesel car prices are going up.
In Spain, EV prices are not falling even with subsidies. What is happening is gasoline and diesel car prices are going up.
2. A Volkswagen Golf could be found for around €18k brand new before COVID, now lowers price is €23k. Dacia Sandero was €7k now is €8k.
It is happening across the board that new gasoline/diesel prices have risen while EV prices have remained static.
It is happening across the board that new gasoline/diesel prices have risen while EV prices have remained static.
3. So what we are seeing is lower income people being forced out the new car market while those on higher incomes benefit from subsidies. So emissions are not going down, because the market is limited on who can pay the price for an EV.
4. So what we are seeing is older cars being run for longer which means higher emissions than would have been. Politicians don’t realise that people just cannot afford their utopian vision. They want energy and mobility availability/affordability above emissions.
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