Sunday, October 13, 2019

The EV Bubble -- A Reality Check -- Bloomberg -- FT -- October 13, 2019

This is behind a paywall over at FT but I read it before I lost it. I'm sure the story can be found elsewhere.

The inventor / entrepreneur / vacuum cleaner name / Dyson has thrown in the towel on EVs.

Yes, here it is over at Bloomberg

Wow, Bloomberg calls it what it is: a bubble. Ford concerns me.


The lede:
Dyson's Ltd sudden decision to to scrap its $2.5 billion electric-vehicle ambitions is the latest reality check creeping in the once soaring EV industry. 
And if you still can't get past paywalls: https://www.thedetroitbureau.com/2019/10/dyson-drops-plans-to-build-a-battery-electric-car-company/


Meanwhile, these screenshots on EV sales in the #1 country for EV sales:


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