Ford takes $20bn hit to reverse course on electric cars

Ford will take a $19.5bn (£14.5bn) hit as it tore up plans to invest significant sums into electric cars.

Ford takes $20bn hit to reverse course on electric cars

Tories to Ditch ZEV Mandate

By Paul Homewood   https://www.telegraph.co.uk/news/2025/12/13/next-conservative-government-ditch-ban-petrol-cars/ I briefly mentioned the Tories’ about turn on the petrol car ban. What was not clear was whether Kemi Badenoch would also ditch the ZEV mandate. Her interview with the Telegraph makes clear it will be ditched. The Telegraph reports:

Tories to Ditch ZEV Mandate

Miliband Isolated as EU Prepares to Reverse Petrol Car Ban

Ed Miliband has been left isolated over his Net Zero policies after the European Union dropped “indefinitely” a flagship pledge to ban sales of new petrol cars.

Miliband Isolated as EU Prepares to Reverse Petrol Car Ban

Teslas and virtue flaunting

I have been waiting for several weeks for this first car—a Tesla sedan (or whatever you call it)—to show up on my block again. It finally did, as I wanted to photograph it. First, the back (license plate number redacted): And, just to the left of the plate is this sticker: For zero emissions AND […]

Teslas and virtue flaunting

Getting rid of subidies creates wealth

REASON: Starting Today, Electric Vehicle Buyers No Longer Get a Federal Tax Credit. It’s bad news for upper-income motorists wanting a deal, but good news for taxpayers. In 2022, then-President Joe Biden signed the Inflation Reduction Act (IRA) into law…,[awarding] up to $7,500 for purchasing an electric vehicle. …Donald Trump [terminated the subsidy] on September…

Getting rid of subidies creates wealth

Porsche delays new electric car after demand slump

By Paul Homewood   h/t Ian Magness   From the Telegraph:   Porsche has delayed the launch of its new electric vehicle (EV) as weak demand forces the German car manufacturer to focus on petrol and diesel engines.

Porsche delays new electric car after demand slump

Range Anxiety Hell: Times Travel Writer Trades EV for a Diesel

“… I sat in a café one street back from the ruins of the seafront, watching as zombies lurched past. It gave me time to think. …”

Range Anxiety Hell: Times Travel Writer Trades EV for a Diesel

EVs Lose Two Thirds Of Value In A Year

By Paul Homewood   h/t Philip Bratby    When will they get the message? Nobody wants to buy these utterly useless vehicles? The Mail report:   Some electric cars are worth as little as a third of their initial price – the equivalent of shedding £26,000 – after just 12 months, with This is Money […]

EVs Lose Two Thirds Of Value In A Year

Electric cars halve in value after just two years

By Paul Homewood     Second hand EV prices are going through the floor, as nobody wants to buy them. The Telegraph has the story: Electric vehicles (EVs) are losing more than half their value in the first two years of ownership amid a wave of heavy discounting by carmakers. A typical EV now retains […]

Electric cars halve in value after just two years

EV Sales Stuck At 20%

By Paul Homewood   EV sales remain stuck around the 20% mark, way short the government’s target of 28% for the year. It’s hard to see what carmakers can do to lift the EVs back to ZEV target levels.   https://www.smmt.co.uk/vehicle-data/car-registrations/

EV Sales Stuck At 20%

Car Leasing Association Wants Govt Support As EV Second Hand Prices Plummet!

Leasing companies have gambled that second hand values for EVs would be as strong as for conventional cars. It is a gamble that could cost them billions.

Car Leasing Association Wants Govt Support As EV Second Hand Prices Plummet!

UK Car Industry At Risk From EV Mandates

By Paul Homewood The Telegraph report:   Overly ambitious sales targets and new taxes on electric vehicles (EVs) are putting more UK car plants at risk of closure, manufacturers have warned.

UK Car Industry At Risk From EV Mandates

Bugger all

2024 Registrations Of New Electric Cars Plummet 27.5% In Germany…”Petrol Dominates”

How’s the Green New Deal working out in Germany? Not very well at all. Firstly, Germany has been in recession for almost 2 years now – thanks mostly to the policies of Economics Minster Robert Habeck (Green Party), who incidentally has no education in economics, business or finance. The guy just doesn’t know what he’s…

2024 Registrations Of New Electric Cars Plummet 27.5% In Germany…”Petrol Dominates”

Government Disinformation On EVs

By Paul Homewood     What I really wanted to comment on regarding the EV consultation was the gross disinformation below:     https://www.gov.uk/government/news/industry-encouraged-to-shape-uk-transition-to-zero-emission-vehicles The Consultation Document is even more specific:

Government Disinformation On EVs

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