PricewaterhouseCoopers
reports that:
“suddenly demand is in
the basement: even in China
– the world’s largest market
for e-cars – sales figures
are collapsing”.
Electric cars have:
-- Long charging times
(vs. filling a gas tank),
-- Short range, and
-- A high lifetime CO2 budget
People have not been swayed
by all the climate hysteria.
They remain uncomfortable
with the technical and
environmental drawbacks
of plug-in electric cars.
“According to the report,
321,573 battery-powered
electric cars
were sold worldwide
in the third quarter of 2019.
This is a decline of 2.8 percent
compared to the previous year.
Sales of plug-in hybrids
even fell by a quarter
(23.8 percent) to 102,097
units sold."
China,
“collapsed drastically
between July and
September 2019.
Sales of electric cars
fell by 15.7 percent,
of hybrid cars
by 20 percent and
of plug-in hybrids
by as much as
27.3 percent.”
S&P Global reported:
“Sales in the US plug-in
vehicle market in Q3 2019
were down roughly 20%
compared with Q3 2018,
but year-to-date
sales for 2019
were slightly
ahead of sales
through the third
quarter in 2018.”