Why is Multi-Billion turnover car manufacturer BMW to 'continue' to build the Electric Mini at the Cowley plant, in a seemingly dramatic U-turn on its 2021 decision to reportedly stop production?
Here's the official business revenue turnover statistics for the BMW concern:
BMW in 2022 turned over 142.6 BILLION Euros.
Automotive Gerrymandering?
BMW saw a lack of demand in 2021 for the Electric version of the mini.
It led to the production reportedly halting, with an option to move the production
line to China. The Petrol versions continued to be produced.
The disappointing sales of Electric Vehicles in general has led to an 'over supply' situation for the industry as the costs and limitations of these vehicles becomes apparent. They are an infant technology in contrast to Petrol and Diesel technology which is the cleanest it has ever been and can continue that way.
The limited battery 6 year or so EV Battery life also does not represent good return on the investment compared to a Petrol or Diesel vehicle with a 20 year plus life.
So, why is a multi-billion turnover vehicle manufacturer apparently being given state aid to build a vehicle that saw sales dropping off leading to its discontinuation?
Good question. But why does successful BMW need a big grant to to continue production? One answer is jobs, but why produce Battery Mini cars just to have them potentially sitting on airfields in storage for years as the batteries go flat and lose their efficiency just for the sake of production? Can't see the logic.
I can see the logic in making the Petrol and Diesel vehicles that people do want to buy.
The race to Net Zero is a ridiculous load of nonsense for the UK which is a less than 1% contributor to global emissions. Whatever Britain does will have no real impact either way on things.
Yet there is a blinkered, head-down stampede towards Net Zero, a 2030 vehicle ban and any other green agenda you can name. None of this is worth a light without major polluters like China making changes and now and will only serve to destroy industry and the national economy of nations who embrace these 'Green' fads.
With only 6 years to go until the stupid 2030 ban on sales of new Petrol and Diesel
vehicles come into force, which Germany has clearly managed to circumvent unlike
the stupidly complacent British, we are watching a slow motion car crash as the Electric Vehicle project is exposed for the limitations it has, along with the environmental costs of the battery production and also providing the energy for charging these new batteries.
To achieve parity of replacement of Petrol and Diesel vehicles will require building a power supply network not just equalling our current domestic output, but two and a half times greater than that capacity of what we already use just to service the power demand for charging these EV batteries. That is, Britain will need additional power generation in place, above what we need just to power our homes and business needs her and above vehicular requirements.
Porsche for one has been instrumental in seeking an amendment made to the 2030 legislation in Germany and states that it plans to build Petrol and Diesel cars 'for the foreseeable future' - it is the sensible one.
The synthetic fuel that Porsche has helped develop can be used in older cars too, the fact that it is a Net Zero fuel made from Wind Turbine operation really just shows the Green justifications for the 2030 ban are pointless.
It will not stop other less squeamish countries from burning the fuels. We will also need Oil for making Tyres and Tarmac. The by-products in distillation of Oil for Tyres and Tarmac oil base products are Petrol, Diesel and Kerosene amongst other things. If we don't use it, others will, it is dangerous to store.
Net Zero is a colossal vanity trip. BMW must be laughing all the way to the Bank with this one.
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