Lotus ditch full EV lineup plan and switch to Hybrids

[Nasher]

I dunno about all of them,.but fords problem may be less about them producing EVs and more about them doing disappointing EVs.
does anyone look at the new Capri and think that looks exciting? (esp for the price).
OTOH Renault and MG seem to be doing pretty well and are producing some really exciting cars,.same with Hyundai and Kia.

maybe new car sales are dropping a bit but in part that could be because the economy is generally in a bad place at the moment.

Marc are ditching some of them as well.

Used EVs are piling up at dealerships as people aren't buying them. Even with the horrendus depreciation.

EVs feel like cars as a service, rather than something you can own and keep tbh. With no real savings in the long run.

 

[cuke2u]

I dunno about all of them,.but fords problem may be less about them producing EVs and more about them doing disappointing EVs.
does anyone look at the new Capri and think that looks exciting? (esp for the price).
OTOH Renault and MG seem to be doing pretty well and are producing some really exciting cars,.same with Hyundai and Kia.

maybe new car sales are dropping a bit but in part that could be because the economy is generally in a bad place at the moment.

Whilst the Renault's might have some eye candy they are not the most interesting cars to drive. At least the Ford EV's seem to be better..

 

[Tinders]

Whilst merc have done badly with EV's this year, BMW are up 10% in q3. No surprise considering the merc EV offering is poor.

Petrol and diesel is also down overall, we are on the cusp of a recession in the eurozone so its not surprise car sales are down.

 

[Journey]

Well I guess if Lotus think they are a luxury car brand they'll be right up there with Jaguar and such. In other words they'll end up with a smaller and smaller, even more niche audience, and eventually just become a badge. I'm not sure how many cars you need to ship to stay afloat but Geely obviously won't want to keep haemorrhaging money on a brand that has no real value once all the old timers have died.

I mean who really cares anyway, they are Chinese and China is evil and taking are jerrbs, right?

 

[Nasher]

Well I guess if Lotus think they are a luxury car brand they'll be right up there with Jaguar and such. In other words they'll end up with a smaller and smaller, even more niche audience, and eventually just become a badge. I'm not sure how many cars you need to ship to stay afloat but Geely obviously won't want to keep haemorrhaging money on a brand that has no real value once all the old timers have died.

I mean who really cares anyway, they are Chinese and China is evil and taking are jerrbs, right?

Lotus has always been low volume. They are made by hand.

 

[wesley]

Marc are ditching some of them as well.

Used EVs are piling up at dealerships as people aren't buying them. Even with the horrendus depreciation.

EVs feel like cars as a service, rather than something you can own and keep tbh. With no real savings in the long run.

Yep exactly, I wouldn't mind to own an EV but I live in a flat so impossible to have a charger fitted.

 

[jigger]

Absolutely impossible for the foreseeable future due to battery weight.

Difficult, but not impossible. You’d have to focus more on needs and less on wants.

 

[jigger]

Marc are ditching some of them as well.

Used EVs are piling up at dealerships as people aren't buying them. Even with the horrendus depreciation.

EVs feel like cars as a service, rather than something you can own and keep tbh. With no real savings in the long run.

I’m four and a half years~ into a move to an EV and around £12k in fuel savings.

 

[Nasher]

I’m four and a half years~ into a move to an EV and around £12k in fuel savings.

And how much in depreciation?

 

[jigger]

And how much in depreciation?

We don’t talk about that.