Manufacturers face mandatory targets as private buyers steer clear and petrol models take more than a quarter of the market in March
www.thetimes.co.uk
Except it is not stalling at the cheaper end of the market... of course it is stalling for the likes of Merc etc who are demanding prices for cars that you could easily buy a house for, did they really think there was that many people out their who can afford such prices. The same can be said about the Land Rover Defender these days... how many of use can afford a base model brand new out of the showroom even though it is petrol or diesel powered.
2024 is going to see a raft of new electric models to buy in the £20,000 and under price range... batteries are changing which is also bringing prices down but it is keeping up with the changes. Tesla is buying it's batteries now from BYD till they can either catch up or take the next jump forward in the technology to reduce the costs. (Buying the batteries from BYD has allowed Tesla to slash it's prices.)
Also Hydrogen is going to start coming on stream very soon, both as a combustion and as a fuel cell power source, and this is a problem for car manufacturers, which do they back... Honda and Toyota have both been working away on Hydrogen... JCB is also both for it's machines and providing engines for Buses and Lorries. (Big push coming there very soon)
Alternative fuels, well building sites seem to be switching now, though the sustainable fuels so far used are reducing the power of the machines, not sure yet of the long term impact as too early for that.
The reality is, Diesel and Petrol will become very expensive in the future, (prices going up at the moment, (seen diesel at £1.66 per litre in central Edinburgh yesterday,) we can't keep our heads stuck in the sand if you want to use your Land Rover as a daily drive, you need to keep aware of the changes and advances been made and whether those advances can be retro fitted.
Laws also change, now in Scotland you can not install into a new house, Gas Boilers, Oil Boilers, Wood Burning Stoves or open fires. They are currently working on how to force existing home owners to change out their gas and oil boilers in the future as well. Don't think they can't as they already have done this with Smoke Alarms in Scotland, now all homes must have interlinked fire detection. While a lot maybe still have not done anything about it, the insurance companies have picked up on it so making a claim might be an issue.