Lotus has scrapped its plan to go electric-only by 2028. It is the latest car maker to reverse a decision to go all-in on electric vehicles (EV), after the likes of Mercedes-Benz, Porsche and Volvo scaled back their EV roll-out plans. Lotus is on track to report about 10,000 deliveries this year – up on the 1500 cars it sold in 2021, but well behind a target for 150,000 annual sales by 2028. The slowdown in electric vehicle sales has hit luxury and sports-car brands the hardest, with customers not as willing to move away from petrol engines as forecast.
FirstEvolutionist on
I’m curious about what will happen to sports/luxury cars once ICEs completely fall out of fashion at some point. Will they be considered relics? Collector’s prizes? Or outdated extravagant junk?
Lastbalmain on
When solid state batteries arrive en masse, very soon, the price of evs will drop. Distances driven on a single charge will go past ice vehicles before 2030. Safer. Better for the environment. Lotus can keep building luxury cars, right up till they go bust! And no-one will shed a tear.
r1chardj0n3s on
EV sales are growing globally. It’s a common pushed narrative that the _slowdown in the growth_ is actually no growth.
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Lotus has scrapped its plan to go electric-only by 2028. It is the latest car maker to reverse a decision to go all-in on electric vehicles (EV), after the likes of Mercedes-Benz, Porsche and Volvo scaled back their EV roll-out plans. Lotus is on track to report about 10,000 deliveries this year – up on the 1500 cars it sold in 2021, but well behind a target for 150,000 annual sales by 2028. The slowdown in electric vehicle sales has hit luxury and sports-car brands the hardest, with customers not as willing to move away from petrol engines as forecast.
I’m curious about what will happen to sports/luxury cars once ICEs completely fall out of fashion at some point. Will they be considered relics? Collector’s prizes? Or outdated extravagant junk?
When solid state batteries arrive en masse, very soon, the price of evs will drop. Distances driven on a single charge will go past ice vehicles before 2030. Safer. Better for the environment. Lotus can keep building luxury cars, right up till they go bust! And no-one will shed a tear.
EV sales are growing globally. It’s a common pushed narrative that the _slowdown in the growth_ is actually no growth.
Source: https://autovista24.autovistagroup.com/news/is-the-global-ev-market-slowing-down/#:~:text=But%20global%20EV%20sales%20are,3.7%25%20by%20a%20wide%20margin.
Perhaps Lotus should have made cars that people want to buy like other, successful EV manufacturers.