By Paul Homewood
I’ve been warning about this for a long time:
The FleetNews report referred to is here.
As the report points out, leasing companies have managed to cope so far because they are only dealing with a small number of end of lease cars at the moment – cars originally leased three years ago when EV sales were much lower. Losses on those can easily be contained within the profits made from reselling petrol/diesel cars.
But soon they will be dealing with much greater volumes of EVs, along with lower volumes of profitable ICE cars.
via NOT A LOT OF PEOPLE KNOW THAT
January 20, 2025 at 07:29AM
Iowa Climate Science Education 