Electric vehicle industry ‘not inflating’ at the rate people expected

The Australian’s Environment Editor Graham Lloyd says the electric vehicle industry is “not inflating” at the rate people expected.

Mr Lloyd joined Sky News host Peta Credlin to discuss the sudden slump in electric vehicle sales from Tesla and BYD.

“I think what we’re seeing is that the industry is not inflating at the rate that people had expected, that includes government and that includes the car makers.

“So we’re at a fairly precarious point in which the major manufacturers are not meeting their sales targets, others are starting to pull back on the manufacturer.

“Which is all going to be bad for the secondhand market which is all then going to bad for the electric vehicle market going forward.”

Видео Electric vehicle industry ‘not inflating’ at the rate people expected канала Sky News Australia