In the UK, electric car rebates are 11%, in the US 10%, and in Germany around 7%.
Global automakers have significantly increased discounts on electric vehicles in an attempt to slow the waning demand for them. The Financial Times writes about this in relation to data collected by HSBC.
Demand has been lower than expected due in part to high prices, negative reports (e.g. recalls, battery burns) and poor charging infrastructure, making the mass market somewhat wary of purchasing de- electric vehicle.
In the UK, discounts in October made it possible to buy an electric car on average 11% below the recommended retail price, in the US – by 10%. A year ago, almost no discounts were offered in Germany, but currently around 7%.
The American company continues to cut prices in Europe, the US and China to support car sales. It also has an impact on competitors.
The publication notes that there are no warning signs of weakening demand. So, Volkswagen postponed plans to build a fourth battery plant, citing sluggish demand for electric cars in Europe, and Mercedes-Benz cited a brutal price war in China as the reason. of income decline.
Another important factor preventing the purchase of electric vehicles is the government’s policy in this area. If earlier the population of electric cars was considered the only option for the future, now doubts have arisen about it.
Earlier this year, Brussels decided to allow the sale of new petrol cars powered by synthetic electric fuel (a new class of carbon-neutral fuels produced with electricity from renewable sources) after 2035.
The UK has brought forward a ban on the sale of new petrol cars from 2030 to 2035, which is also changing the mood around electric cars.
Let’s remember that earlier the European Commission announced the launch of an anti-dumping investigation on the import of electric vehicles made in China. The EC aims to verify the fact that Chinese manufacturers of electric passenger cars receive government subsidies, which it sees as causing damage to the EU industry.
In August, Tesla introduced two cheaper versions of its Model S sedan and Model X SUV in the United States, but with less range. The new Model S and X are priced at $78,490 and $88,490 respectively, which is about 10% cheaper than the previous budget models.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.