The EV car crash continues. By Joanne Nova.

Things are so bad in the world of electric cars that fields of the cars-of-the-future are appearing at ports in the EU. China has shipped 1.3 million EV’s there in the last quarter but they are piling up in car parks unsold. Countries within the EU are throwing money at customers to get them to buy EV’s, and companies are discounting too, but still it isn’t enough. EV sales fell by 11% across the EU and by 29% in Germany.

Across the Atlantic, something is going wrong in the USA too. The world’s top brand is renting space in shopping centres and airports in America to store the unsold cars.

Car dealers are warning they might not be able to sell many petrol cars, even when buyers walk in to buy them, because they can’t find enough EV buyers so they can meet the mandated target ratio. We might be at the start of a buyer freeze…

 

 

Australia’s bureaucrats, aping their overseas counterparts, are late to the party as usual:

With uncanny timing the Australian government has adopted the same rigged ratio of EV sales that isn’t working in the UK or the US, and they’ve done it the same week car magazines here are just starting to ask “Is the honeymoon over for electric vehicles in Australia?”

Australia is years behind the EV bubbles of Europe and America because we are the last rich nation on Earth that anyone would want to buy an EV in. We’re sparsely populated and 5,000 kilometers wide. Half the continent doesn’t have high voltage line within 100 kilometers of the road let alone a fast charger.

As luck would have it, sales for EVs in Australia were barely starting to take off, but EV sales declined in April for the first time since EV’s became “a thing”. It’s only a 5% slip, but it’s the trend, the trend…

This is an interesting video on automotive bullshit:

hat-tip Nick