In Europe, the political climate is to be on the good side of climate change. Whether you believe it or not, the climate is changing. One of the ways it is changing is the ice at the polar caps is melting, this is a good thing if you want to move goods from Asia to Europe, the distance drops dramatically. The not so good aspect is during parts of winter, the polar caps no longer contain most of the Arctic air and it goes further south. Having weather in the northeast of 14 degrees is good for the northeast, in the middle of winter in Florida it is cold.
In an article by Alessandro Parodi of Reuters, sales of fully electric cars surpassed those of gasoline-only vehicles in the EU for the month of December. Data from auto industry group ACEA reported that hybrids held onto the largest overall share in the market.
The numbers were hybrids 44% share, fully electric share 22.6% and gas powered at 22.5%.
Competition from Chinese brands such as BYD, Changan and Geely is fierce even as European companies such as VW and BMW roll out new models.
Total EU car sales rose 5.8% to one million vehicles in December, and by 1.8% to 10.8 million in 2025.
Linking to dividend paying stocks, people buy vehicles for a host of reasons, at one time it was their status as seen by other drivers. Concerns are maintenance costs such as fuel and the oil changes; the color; functionality; and a host of other reasons. There is no perfect solution, gasoline-only burns fuel, but electricity needs fuel to generate electricity, but consumers make choices and industry must pay attention to consumer choice or be left out.
There are more questions than answers, till the next time – to raising questions.