@kdwolf With respect, I don’t think that you are adequately considering how leasing costs work. Yes, EV retail prices are currently ludicrously high, but fleet operators (like Motability) are getting massive discounts at present, as they are the only route to getting adequate numbers into the market. I don’t disagree that retail prices will fall but, as already explained, there are several reasons why that won’t necessarily translate into lower APs, at least in the one to two months window that you are confidently predicting. A further reason could be that any big correction in retail prices could easily result in a softening of the huge discounts currently being offered to the likes of Motability, so one may offset the other. Let’s revisit this debate when the 1st June price list is released, as that fits perfectly with your time prediction, and see just how much the APs have been reduced.
@Zero1 Your 2024 ZEV figure is incorrect. The target was 22% (as you state) but the actual figure achieved was 19.6% This year the target is 28% and, as already discussed, March was only 20%. That means that the remaining year will need to be more like 30%. Then the targets go up 5% each year for the two years after, and then by 14% a year with a final hike of 20%. Let’s see what happens but if I was a betting man I’d put quite a chunk of money on those targets needing to be softened .