Even auto giants know it: the electric car boom is out of charge
View original at uk.finance.yahoo.comEven auto giants know it: the electric car boom is out of charge Why the West's electric car dream is running out of road Lead “I think the customer has spoken…
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80% confidencePrices for consumers will fall and price parity will be met
80% confidenceMany drivers are still not comfortable making the shift to electric vehicles
80% confidenceGlobal sales volumes haven't returned to pre-pandemic levels
80% confidenceGreen energy transition is a scam
80% confidenceGovernment sending mixed messages to industry and consumers
80% confidenceThe EV plans carmakers set out were too ambitious
80% confidenceF-150 Lightning was the truck of the future
80% confidenceThe customer has spoken regarding electric vehicles
80% confidenceGovernment needs a reality check on EV mandates or risk carmakers pulling out of UK
80% confidenceEuropean consumer adoption of Chinese cars is much faster than Japanese or Korean cars
80% confidenceCracking EVs could deliver a modern Model T moment
80% confidenceCompetition in auto market in 2026 will be even more brutal and bloody
80% confidenceWestern brands will bring cheaper models using LFP battery technology
80% confidenceEVs need cost parity with ICE cars and must offer more than just being clean
80% confidenceRegulatory trajectories are steep and ahead of underlying demand
80% confidenceMost of the Western carmakers are now facing big issues
80% confidenceWeakening ZEV mandate would undermine investor confidence
80% confidenceFundamental issue is cars are too expensive and compensated by subsidies which doesn't work
80% confidenceChinese have gotten EV pricing right by achieving parity or cheaper than ICE
80% confidenceNot convinced China's ban on below-cost sales will stop price war
80% confidenceBig thing that drives car companies is what their competitors are doing
80% confidenceUniversal Electric Vehicle platform is the most important product he has ever worked on
80% confidenceGround-up overhaul is needed to bring down cost of Western-made EVs
80% confidence