[kdwolf]

Some time ago I wrote that Motability granted me early termination of my current EV on mechanical grounds and I even placed an order for a new EV. But when I heard Elon Musk is going back to Tesla I cancelled my order.

This post is to ask your opinions (PLEASE, refrain from any political comment to ensure this discussion will benefit the members of the forum) on how you see the short term future of the EV market in general and models which are or may come on Motability in June / September this year.

Here is why I think (hope?) the prices will decline within a number of months:

1. Chinese EV cars are gaining momentum in the UK, forcing competitors to reduce their prices.
2.  Despite the government’s efforts, if you cannot charge at home for circa 7p per kWh, owning EV is more expensive than ICE (public charging points, except Tesla, charge you over 70p)
3. Elon Musk is no stranger to cutting prices – he did it in the past, despite all the complaints from those who placed orders and paid higher price, and I think he may do it again, once back. It is already possible to get brand new Model Y with 2.9% APR or a new / nearly new Model Y with 0% APR.
4. The government recently introduced EV VED charges – less incentive to by EV.
5. The government has also introduced BiK changes – within less than just two years, in 2027, it will reach 5% and in 2029 – 9%. Again – less incentive to by EV.
6. Oil price – despite dollar’s slide since Trump came to power, the Brent is still below $62 mark, signalling to me that the oil price will continue to decline, and prices at the petrol station will follow the suite.

 

Sent from a mobile device.
Apologies for briefness and spelling mistakes.

Motability Skoda Enyaq SportLine 85x April 2024 (unhappy customer - Ombudsman pending)
Motability Mazda CX-60 July 2023 (unhappy customer - early termination on mechanical grounds)
Motability VW Touran Family Pack May 2019 (happy customer)

Topic

[BarkSnarly]

@GlosGuy

I’m not sure you fully understand the ZEV Mandate….. The Headline figure of 22% (2024) and 28% (2025) is only a guide, the actual target for each manufacturer varies as they can generate additional credits by exceeding CO2 emissions. In fact, as of the end of March, the VW Group & BMW Group are now in credit.

 

 

[BarkSnarly]

As stated previously….

https://www.regit.cars/electric-news/all-car-manufacturers-meet-2024-zev-mandate

Full details of the ZEV Mandate monthly overview….

https://storage.googleapis.com/public_download_assets/ecc_pdfs/20250403%20ECC%20March%202025.pdf

 

 

[MFillingham]

Glos Guy wrote:

 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 .

 

You don’t need to bet.  Thanks to Trump (words I never thought I’d be writing) the manufacturers in Britain are in desperate need of some kind of help.  Reducing either the targets or the penalties is pretty much inevitable.

With all that’s going on, anything that doesn’t cost the government money and boosts sales is a likely candidate for support, however with the idiots we have in charge there’s absolutely no logic behind what happens next.

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

[Author]

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