Loading ...Electric car sales plunge as Europe returns to gas.
Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol. Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while sales of combustion engine cars climbed 4pc to nearly two million.
The drop-off in EV demand comes as politicians in the region rollback subsidies and reconsider ambitious targets to dump petrol and diesel cars. Data suggests that demand for petrol cars is rising faster than for electric models in Britain.
https://finance.yahoo.com/news/volkswagen-electric-car-sales-plunge-122915038.html
A gradual return to sanity is prevailing. Governments of madmen are not in fact capable of making laws to enforce impossible regulations after all. At some point the public gets passive-aggressive and just stops cooperating.
Excellent point Farmer! I think the retail sales statistics (for what they are worth) support your theory — citizens are have stopped buying everything (except basic life necessities).