It does seem that the car industry slump continues and the latest bit of bad news is Tesla laying off 10% of its global workforce.
Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount.
www.bbc.co.uk
It is no secret the resistance of the domestic consumer snubbing EV's is definitely having an impact on the sector. Now with Tesla announcing their biggest decline in 4 years, it makes you wonder if countries will slow down on building EV infrastructures. BMW seem intent on dropping out of the EV sector altogether and claim to be the first company to make a hydrogen fuel cell viable for the consumer market. Just for discussion, I do wonder if in a few years the market will shift towards hydrogen and zero carbon fuels as the likes of BMW, Audi and Toyota are hinting that these will be the future. For me, I want the most efficient and easy to run car I can get. We have an EV right now as our main family car, but if a more viable technology comes in at a price point and spec that suits us, we would change with no issue.
I think the advantage hydrogen cells have is the 4 minute refuel time. This puts it on a convenience level with combustion engine refuelling and the range is comparable from the off. This sort of thing will get a lot more attention from those sceptical of EV's currently. The next hurdle will be price. The big criticism I see a lot is the higher spec'ed EV's are £50/£60k+. People expect to pick up a 3 or 4 year old BMW for £25K-£35K and do with ICE's, but this isn't translating to EV's yet.
Food for thought anyway.