EV Sales Stall

From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

As has been becoming increasingly apparent, sales of EVs are beginning to stall:

Car Registrations

The market so far has mainly consisted of company car buyers, who are attracted by tax breaks, and eco-minded city drivers. That market now seems to have been more or less optimised.

To get to the 2030 target, EV sales would have to increase market share by about 10% every year. In other words, by 2024 sales would have to more than double last year’s.

I cannot see this happening.