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Dr. Andy Palmer

@AndyatAuto • 28,402 subscribers

46 years in the auto business. Proud to launch iconic cars as CEO of Aston Martin & COO of Nissan (incl Valkyrie & LEAF). Now on a mission to help the planet🌍

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Stellantis closing the Luton factory is devastating for the 1,100 workers. It’ll be convenient to blame this on the ZEV Mandate, but that isn’t the full picture; after all Luton doesn’t currently make an EV and it exports most of its production. It’s down to a combination of headwinds (including Chinese EV competition) the European auto industry has been facing and we musn’t roll back progress being made with EVs although I would support greater flexibility on the annual targets.
0:57
AndyatAuto's profile picture

Stellantis closing the Luton factory is devastating for the 1,100 workers. It’ll be convenient to blame this on the ZEV Mandate, but that isn’t the full picture; after all Luton doesn’t currently make an EV and it exports most of its production. It’s down to a combination of headwinds (including Chinese EV competition) the European auto industry has been facing and we musn’t roll back progress being made with EVs although I would support greater flexibility on the annual targets.

Dr. Andy Palmer

55,884 views • 1 year ago

The tragic news of job cuts at Ford is a result of misinterpreting the direction of the market. At a time when the market is crying out for affordable EVs, Ford have pivoted their electric offering towards higher-end crossover SUV models, like the Capri and Explorer. More expensive cars results in a lower volume of sales. My thoughts speaking to BBC News👇
1:45
AndyatAuto's profile picture

The tragic news of job cuts at Ford is a result of misinterpreting the direction of the market. At a time when the market is crying out for affordable EVs, Ford have pivoted their electric offering towards higher-end crossover SUV models, like the Capri and Explorer. More expensive cars results in a lower volume of sales. My thoughts speaking to BBC News👇

Dr. Andy Palmer

26,490 views • 1 year ago

A pleasure to talk with Times Radio this morning about U.K. new car sales for 2024, up 2.6%. EV’s took 19.6% marketshare in the year and a massive 31% in December. Petrol (-4.4%) & Diesel (-13.6%) down with growth in HEV (+9.6%) & PHEV (+18.3%). Co2 down -6.2% at 102.1g/km. Top selling car Ford Puma, top EV Tesla Y and SUVs become the biggest segment overtaking the super mini. EV mandate at 22% will be met by the industry in 2024 through flexibility built into the legislation. Gross incentives on EV probably at a similar level to ICE but more work required on deployment of chargers; long story short, the ZEV mandate is working Jonathan Reynolds
5:18
AndyatAuto's profile picture

A pleasure to talk with Times Radio this morning about U.K. new car sales for 2024, up 2.6%. EV’s took 19.6% marketshare in the year and a massive 31% in December. Petrol (-4.4%) & Diesel (-13.6%) down with growth in HEV (+9.6%) & PHEV (+18.3%). Co2 down -6.2% at 102.1g/km. Top selling car Ford Puma, top EV Tesla Y and SUVs become the biggest segment overtaking the super mini. EV mandate at 22% will be met by the industry in 2024 through flexibility built into the legislation. Gross incentives on EV probably at a similar level to ICE but more work required on deployment of chargers; long story short, the ZEV mandate is working Jonathan Reynolds

Dr. Andy Palmer

15,845 views • 1 year ago

There is no doubt that China is winning the EV race. The UK should follow the strategy deployed with Japanese carmakers in the 80s, by encouraging them to build their vehicles here in the UK - creating jobs and stimulating the market.
2:38
AndyatAuto's profile picture

There is no doubt that China is winning the EV race. The UK should follow the strategy deployed with Japanese carmakers in the 80s, by encouraging them to build their vehicles here in the UK - creating jobs and stimulating the market.

Dr. Andy Palmer

12,596 views • 1 year ago

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