A bigger problem is that if you have New for Old insurance the premiums will be a lot higher than expected especially if your caravan is 4 - 6 years old and costs in the thirties when purchased.
Or cars too. I read that major manufacturers are pulling back from ICE as the threat of fines of up to £15000 a car over the designated fleet emissions levels means they are not prepared to risk fines. August was a good month for EV at around 18% of sales, but the target to avoid fines is 22%. That is bound to reflect on ICE prices as with lower potential sales I suspect makers will want to protect profits. In parallel import taxes on Chinese EV can be just under 50%. Volvo have called it a perfect storm as their ekectric models are predominantly made in China, and cutting back on ICE would see reduced sales in that market. All this will reflect on preowned car prices too..
On the other hand, Volvo have reneged on their decision to go EV-only from 2030 and are investing big in new IC hybrid models - VW are reviewing the EV plans because their sales in Germany are poor. The Chinese are attempting to flood Europe with cheap EVs butthe EU are likely to increase tariffs on them - Stellantis have huge discounts on new EVs from Fiat, Peugeot, Citroen and Vauxhall.Or cars too. I read that major manufacturers are pulling back from ICE as the threat of fines of up to £15000 a car over the designated fleet emissions levels means they are not prepared to risk fines. August was a good month for EV at around 18% of sales, but the target to avoid fines is 22%. That is bound to reflect on ICE prices as with lower potential sales I suspect makers will want to protect profits. In parallel import taxes on Chinese EV can be just under 50%. Volvo have called it a perfect storm as their ekectric models are predominantly made in China, and cutting back on ICE would see reduced sales in that market. All this will reflect on preowned car prices too..
At this rate we will all be back on bikes and buses.
UK's EV 2024 Sales Target: Will it Reach 22%? | DriveElectric
The UK's EV industry is set to undergo significant changes in 2024 due to the government's delay in the petrol and diesel phase-out, with DriveElectric...www.drive-electric.co.uk
However by the same token owners of ICE vehicles will keep their vehicles longer leading to a further downturn in sales as most EVs are unaffordable for the the general public and the infrastructure is not there yet.Or cars too. I read that major manufacturers are pulling back from ICE as the threat of fines of up to £15000 a car over the designated fleet emissions levels means they are not prepared to risk fines. August was a good month for EV at around 18% of sales, but the target to avoid fines is 22%. That is bound to reflect on ICE prices as with lower potential sales I suspect makers will want to protect profits. In parallel import taxes on Chinese EV can be just under 50%. Volvo have called it a perfect storm as their ekectric models are predominantly made in China, and cutting back on ICE would see reduced sales in that market. All this will reflect on preowned car prices too..
At this rate we will all be back on bikes and buses.
UK's EV 2024 Sales Target: Will it Reach 22%? | DriveElectric
The UK's EV industry is set to undergo significant changes in 2024 due to the government's delay in the petrol and diesel phase-out, with DriveElectric...
Actually for many the increase in charging facilities in the last 12 months has made good progress. But those who cannot have domestic chargers do face a problem, as commercial chargers aren't cheap. My grandson had Tesla Model Y and didn't find charging to be a problem when out on business trips, or holidays in Devon and Scotland. When not on business trips, or holiday, the home charger did the job, with occasional top ups at work.
The impending EU tariffs On Chinese made EVs range from 17,4% to 39.6%, and these are on top of the 10% standard tariff on imported cars. So total tariff could be just under 50%. American tariffs are already 100%. Britain has not declared its position yet.
If Stellantis brands selling EVs nearly new with up to £15,000 off list price isn't dumping, what is ?
The EU is considering increasing the level of tariff to around the same level as the USA.
You really need to define "affordable' as "affordable" to one person is "expensive " to another. But there seems to be a trend with mid to lower end EVs being in a similar zone to ICE as they are introduced to the market. But none would satisfy a towing need, but would make excellent cars for non towing customers. here is a selection.Can we stick to the names of the affordable cars. LOL!
www.autoexpress.co.uk
Where is that stated, as most media reports seem to report the max EU tariff will be between 17% and 38% plus the normal trade tariff of 10% on goods imported into the EU.
Maybe I'm mistaken and amalgamating what's been anounced and what's being considered.
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