Audi hits brakes on EV rollout as enthusiasm wanes

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Paul Homewood

Audi will hit the brakes on its rollout of electric car models as consumer enthusiasm wanes in the face of high prices compared to petrol models.

Gernot Döllner, the boss of the Volkswagen-owned brand, said that he wants to avoid flooding dealerships and factories with the vehicles as sales slow.

“The advantage of EVs (electric vehicles) is becoming visible to consumers step by step,” Mr Döllner told Bloomberg News.

Official forecasts for electric car take-up in the UK were slashed by almost half last month. Sales of new battery-powered cars were expected to grow steadily until they accounted for 67pc of the market by 2027, under a prediction issued in March.

But that figure has now been revised down to just 38pc by the Office for Budget Responsibility (OBR), which said the take-up of EVs has been slowing.

https://www.telegraph.co.uk/business/2023/12/18/audi-hits-brakes-ev-electric-cars-rollout/

Via https://notalotofpeopleknowthat.wordpress.com/2023/12/19/audi-hits-brakes-on-ev-rollout-as-enthusiasm-wanes/

3 thoughts on “Audi hits brakes on EV rollout as enthusiasm wanes

  1. The grid itself is totally outdated and inefficient. It’s much more efficient (and cheaper for consumers) to produce energy in localities where it’s going to be use. The original motive of Edison and his cronies in creating the grid was to sell more electrical appliances to reluctant consumers.

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  2. Pingback: Behind EV Push, A Wealth Transfer From Red To Blue Regions | Worldtruth

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