New car sales: EVs good, everything else bad

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Record sales for electric cars put the gloss on the worst March for new registrations since 1998

, as people unprepared to join lengthy waiting lists for new cars seek a change of wheels on the secondhand market instead.Not only have battery electric vehicles seen a 78.7% increase in March 2022 compared with March 2021, sales are up 101.9% since the start of the year compared with the same period last year.– and one in three vehicles sold in March 2022 had at least some kind of assistance over a conventional combustion engine.

Rising energy costs are playing a part in this, as consumers looks to switch to more efficient means of transport – even with electricity massively more expensive than it was, it’s still cheaper to charge an electric car at home than pay at the pumps asBut many electric cars are built with more modern electronic components than combustion cars, so feel less impact from the chip crisis, while incentives and eco desires make them better business.

Automotive director and head of electric vehicles at Deloitte, Jamie Hamilton: ‘We expect more significant sales to be felt in September when the next plate change is due. Many dealers have put in their orders now to build a pipeline of stock in preparation.

 

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Methinks the ‘Chip Shortage’ excuse is just trad auto hiding from their own Nokia vs Apple Crisis. Even after all the FUD from big oil and all those with sunken ICE assets - people can see EV’s economics and good clean fun. So why cling onto last objection ‘brum-brum’ noises? 😆

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Biden says buy electric to save on gas, but EVs are expensive: Here's the mathWhen President Joe Biden announced his plan for addressing gas costs Thursday, he placed heavy emphasis on the cost-saving benefits of electric vehicles, which he said will save drivers, on average, about $80 per month on gas. So people are struggling to buy gas...so they want people to buy a new car Lost in reality Don’t look now but the Presidential limousine is a gas hog! FJB They’re very expensive. That’s not the solution at this time.
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