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Went to check out the x2 today and ended up talking about how EV prices have been coming down after time on the scheme. Dealer told me it’s because the government fine BMW (and I’m assuming other dealerships) £15000 per electric car not sold within a certain amount of time. I didnt know about this till today but it does maybe explain the prices of EV advance payments dropping
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There are targets for EV sales, currently something around 22% of all car sales, I think. So if you fall short, I can see that failure to incur a penalty. £15,000 per unit short is enough to grab a manufacturer’s attention and that would lead quite significantly to Motability being a great opportunity to get numbers out. There’s also some schemes like salary sacrifice where discounts can make an EV rather attractive.
I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
I'll try to give my honest opinion but am always open to learning.Mark
think near end of their year you might see big discounts so they avoid the costs
Current Car: Hyundai Kona Premium EV...2 way 40kg hoist
Last Car: Toyota C-HR Excel Hybrid...4 way 80kg hoistWill have to start giving them away in boxes of corn flakes.
Car History:
Ford Fiesta
Vauxhall Astra Mk6
Mazda 3
BMW 2 Series Coupe
Mercedes A Class
Vauxhall Astra Mk8 (Lease ended early)
Renault AustralUnfortunately yes this is true. As Kezo has posted the Government ZEV Mandate link, this is a goal to have all new car sales be EV by 2035 (thankfully back from 2030) – whether we like it or not. The only country to have such stringent and stupid goals as EVs are anything but green when you take in pre sale and full life cycle of use.
So either 1 of 2 things will happen.
We will only be able to buy EVs (and hope they don’t burst into flames) or if you do choose to buy an ICE – it will have an additional £15,000 government tax on it, as well as VAT and all the rest – as manufacturers will just pass the fine on.
It is yet more control mechanisms over our lives and removal of our freedom of choice and freedom to travel – all in the name of “green”. This is the height of virtue signalling and greenwashing.
Stick with ICE.
Couldn’t agree more 👍
The thing is with the £15,000 fines is that they go up each year until that date don’t they? So it will get worse, much more worse on commercial vehicles too especially as the range on most of these vans is minuscule when compared to their tried and tested diesel counterparts. Very few businesses want them for obvious reasons and the fact they are tens of thousands dearer than ICE vans.
The ZEV mandate which came into force this year requires 22% of cars and 10% of vans sold by manufacturers to be electric. If a manufacturer doesn’t meet the required target, they are fined £15,000 per vehicle.
The mandate increases targets for manufacturers each year, requiring 80% of new cars to be zero emission by 2030, increasing to 100% by 2035. The fine per vehicle undersld also increases to £18,00 from next year.
However, there is the big con of carbon offsetting, where manufacturers who do not meet the required targets can by carbon credits off other manufacturers who have done well and exceeded the set targets.
As pointed out by @Johnsmithson we are the only country that has such a strict mandate and the only European country aiming for 80% of EV’s by 2030.
Overall EV’s make up a low market share of vehicles on UK roads, reluctance by from private buyers remains strong amd there is evidence of a downturn in overall sales of new EV’s.
So the question begs, how is a manufacturer or car dealer going to force the sale of an EV upon a customer, if they don’t want one between now and 2035. Even when 2034 comes, you will be able to buy a new petrol/hybrid or look at at the nearly new or used market, if funds allow!
The ZEV mandate which came into force this year requires 22% of cars and 10% of vans sold by manufacturers to be electric. If a manufacturer doesn’t meet the required target, they are fined £15,000 per vehicle. The mandate increases targets for manufacturers each year, requiring 80% of new cars to be zero emission by 2030, increasing to 100% by 2035. The fine per vehicle undersld also increases to £18,00 from next year. However, there is the big con of carbon offsetting, where manufacturers who do not meet the required targets can by carbon credits off other manufacturers who have done well and exceeded the set targets. As pointed out by @Johnsmithson we are the only country that has such a strict mandate and the only European country aiming for 80% of EV’s by 2030. Overall EV’s make up a low market share of vehicles on UK roads, reluctance by from private buyers remains strong amd there is evidence of a downturn in overall sales of new EV’s. So the question begs, how is a manufacturer or car dealer going to force the sale of an EV upon a customer, if they don’t want one between now and 2035. Even when 2034 comes, you will be able to buy a new petrol/hybrid or look at at the nearly new or used market, if funds allow!
Motability, will become a treasure chest to manufacturers aiming to meet their targets, at a faster pace than the retail market!
This is the reasoning behind the APs on BEVs as well. If you want to push a particular type of car, it’s better value for the manufacturer to offer £10k discounts to the big leasing companies and Motability are the biggest. That then is transferred to the customer by smaller monthly payments or advance payments in our case.
The alternative method is much more risky, simply don’t offer petrol/diesel models. Ford are announcing reductions in their range thus ensuring either the whole number or the bigger percentage runs in their favour.
I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
I'll try to give my honest opinion but am always open to learning.Mark
Unfortunately yes this is true. As Kezo has posted the Government ZEV Mandate link, this is a goal to have all new car sales be EV by 2035 (thankfully back from 2030) – whether we like it or not. The only country to have such stringent and stupid goals as EVs are anything but green when you take in pre sale and full life cycle of use.
So either 1 of 2 things will happen. We will only be able to buy EVs (and hope they don’t burst into flames) or if you do choose to buy an ICE – it will have an additional £15,000 government tax on it, as well as VAT and all the rest – as manufacturers will just pass the fine on.
It is yet more control mechanisms over our lives and removal of our freedom of choice and freedom to travel – all in the name of “green”. This is the height of virtue signalling and greenwashing. Stick with ICE.
Welcome to the forum, MacMaster 🙂
Unfortunately yes this is true. As Kezo has posted the Government ZEV Mandate link, this is a goal to have all new car sales be EV by 2035 (thankfully back from 2030) – whether we like it or not. The only country to have such stringent and stupid goals as EVs are anything but green when you take in pre sale and full life cycle of use. So either 1 of 2 things will happen. We will only be able to buy EVs (and hope they don’t burst into flames) or if you do choose to buy an ICE – it will have an additional £15,000 government tax on it, as well as VAT and all the rest – as manufacturers will just pass the fine on. It is yet more control mechanisms over our lives and removal of our freedom of choice and freedom to travel – all in the name of “green”. This is the height of virtue signalling and greenwashing. Stick with ICE.
‘it concluded that EVs are 20 times less likely to go on fire compared to petrol or diesel cars’. Quote from Tusker fleet supplier. I could quote many many more facts to burst your myth. I won’t bother just like you didn’t bother to look at facts
“we are the only country that has such a strict mandate and the only European country aiming for 80% of EV’s by 2030.”
Crikey, good thing we voted to leave the EU 8 years ago then.
So we can be in charge of our own laws and all that 😆😉
2024 - BMW i4 Grand Coupe eDrive 35 Sport
2020 - Volvo XC40 T4 Inscription
2017 - Audi Q3 TFSi Sport S-TronicThis is fantastic news for us, low AP’s on electric cars and we can get a free charger too, win win. Getting 250 miles of driving for less than the cost of a gallon of dino juice can only be a good thing when you are short of cash in these trying times.
I am not pro EV nor pro ICE, just pro cheaper AP’s and running costs…my still mostly empty wallet thanks me.
In life, it's not who you know that's important, it's how your wife found out.
So we can be in charge of our own laws and all that 😆😉
That’s exactly what happened.
This is Boris Johnsons brain child, not some EU regulation.
I am not pro EV nor pro ICE, just pro cheaper AP’s and running costs…my still mostly empty wallet thanks me.
Disclaimer, this is only the case for short distance driving. Don’t get me wrong, i’m very much with you there, but this is only the case if you charge at home with an EV tariff. If you have to rely on public chargers, EVs are as, if not more expensive than ICE cars. Potentially even taking the cheaper AP into consideration.
Prior: SEAT Ateca Xcellence Lux 1.5 TSI DSG MY19
Current: VW Golf GTE PHEV DSG MY23
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