Celebrating humanity's flourishing through the spread of capitalism and the rule of law
26 Dec 2024 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: British politics, electric cars, hybrid cars
By Paul Homewood The Government has begun consultations on the role of hybrid cars between 2030 and 2035: . The UK automotive and charging industries have been invited to shape the UK’s transition to zero emission vehicles, as the UK government works with the sector to harness the huge opportunities for economic growth and […]
Govt Consultation on EV Targets
29 Nov 2024 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: electric cars
By Paul Homewood Not a happy chappy! Recently, a family illness was a force majeure and the Civic was being serviced so the Ford was the only transport. Unfortunately, no amount of planning could avoid bank-holiday travel and the armada of electric vehicles needing to charge. It looked as though Gridserve hadn’t done […]
High mileage electric car usage is working out almost twice as expensive as petrol
28 Nov 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: British politics, electric cars
By Paul Homewood h/t Hugh Sharman Weak demand for EVs and mandatory sales quotas will cost Britain’s automotive industry £6bn in 2024, according to new analysis from the Society of Motor Manufacturers and Traders (SMMT). Consequently, the UK’s automotive industry is calling for government intervention to safeguard the sector and Britain’s […]
EV targets set to cost UK auto makers billions
27 Nov 2024 1 Comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: British politics, electric cars
Stellantis have been warning for months that this would happen, saying that they were not prepared to sell petrol/diesel vehicles at a loss, because of ZEV fines.
ZEV Mandates Force Closure Of Vauxhall’s Luton Plant
25 Nov 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, politics - USA, Public Choice, transport economics Tags: electric cars
Ultimately, the market will decide the winners and losers. Automakers that prioritize consumer satisfaction over government market manipulation will thrive, while those that gambled on an uncertain future may find themselves scrambling to survive. Tesla’s trajectory proves that it’s possible to innovate without compromising, and the rest of the industry would be wise to take notes.
Automakers’ Costly Gamble on EVs: A Lesson in Ignoring Consumer Demand
18 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: electric cars, Germany
Germany’s Blackout News reports on the ongoing sales slump for in e-cars and how the Ford plant in Cologne is putting its employees on reduced work times (Kurzarbeit). AI generated symbol image (Chat GPT) Currently there’s a “growing crisis in the e-car market” and the production of the Explorer and Capri electric models at the…
Growing Electric Car Sales Slump In Germany… Ford Cuts Back Production In Cologne Plant
15 Nov 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA, transport economics, urban economics Tags: 2024 presidential election, electric cars
Four principles will likely guide the Trump Administration’s actions on the auto industry in the next several months: (a) tariffs to protect domestic auto industry jobs, (b) fighting against mandates that tilt the playing field toward an EV technology that is both widely unpopular especially for load-carrying vehicles, (c) lowering the overall cost of owning reliable transportation for American consumers, and (d) consumer choice, not government mandates, must drive the auto and truck marketplace.
Trumping the Electric Vehicle Mandate
09 Nov 2024 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, industrial organisation, politics - USA, survivor principle, transport economics, urban economics Tags: electric cars
There is a market for electric vehicles, but government mandates and subsidies—regulators predicting winners and losers—cause more harm than good. By forcing technology into widespread use before it is ready for primetime, governments are causing consumers to resist EVs. Instead, government regulators should allow consumer demand, competition, and the “market process” to guide EV adoption.
Electric Vehicles: A Tale of Woe in the Absence of the Market Process
31 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood h/t Philip Bratby Time to stop this madness before somebody dies: An electric bin lorry burst into flames on Monday, forcing roads across London’s West End to close. Specialist crews were deployed to the fire after the £580,000 electric lorry caught alight in the morning. The […]
Electric bin lorry bursts into flames in central London
29 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming, health and safety, labour economics Tags: electric cars
Commentary from Anthony Watts and Friends: Our second climate news item is from a wonderfully titled media outlet called motor biscuit: Electric truck fire burns down brand new German fire station. The fire station in Stadtallendorf is really new, in fact they opened its bay doors less than one year ago to accommodate 10 fire […]
German Fire Station Razed by EV Fire Truck Fire
27 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming, health and safety Tags: electric cars
By Paul Homewood A mother said her family was “lucky to have got out safely” after their parked electric car exploded and engulfed their house in flames. Georgina Bayliss from Spratton, Northamptonshire, said their Mercedes EQA had been parked outside their house for several hours before the explosion. She said her younger son […]
‘Why did our parked electric car burst into flames?’
15 Oct 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood Investors are preparing to write off nearly the entire value of their stakes in Swedish battery giant Northvolt as a crisis at the troubled European green technology champion deepens. Once valued at more than $12bn (£9bn), Northvolt is scrambling to raise hundreds of millions of euros to shore up its […]
Electric car battery maker’s value slashed by 85pc
27 Sep 2024 1 Comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, transport economics Tags: electric cars
By Paul Homewood h/t Hugh Sharman Europe might not have a ZEV Mandate, but car makers still can’t escape the clutches of the eco loons: PARIS, Sept 7 (Reuters) – Europe’s autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric […]
Renault CEO says sector could face billions in fines as EV sales slow
23 Sep 2024 Leave a comment
in energy economics, environmental economics, global warming Tags: electric cars
By Paul Homewood h/t Philip Bratby Electric cars are up to twice as expensive as petrol or diesel vehicles to run, new figures have suggested. Running an electric vehicle (EV) can cost more than 24p per mile, while a diesel vehicle is 12.5p. It costs as much as 80p per kilowatt hour to charge […]
Running an electric car is twice as expensive as a petrol one
22 Sep 2024 Leave a comment
in economics of climate change, energy economics, environmental economics, environmentalism, global warming, transport economics, urban economics Tags: electric cars
By Paul Homewood h/t Philip Bratby This hardly comes as a surprise! Electric vehicles (EVs) are losing value at an “unsustainable” rate as a slowdown in consumer demand sends used car prices tumbling, leasing companies have warned.
Second-hand electric car prices falling at faster and faster rate
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