On @bbctodayy this morning talking about the impact of the Iran oil crisis on EV purchase intent. The conflict may well take us back to the oil shock of the 1970’s and do something for EV sales that legislators have thus far been unable to achieve. Petrol today is at about 156p/l. If that rises to between 170p-190p, consumer behaviour changes and we will see active shopping for EV among normal consumers. Above 190p/l, the R2 correlation between price and intend become =0.85/0.90. EV adoption will follow. So an inflection point at 190p/l is 50/50 probable; we’ve seen it at the 2022 peak. Add a toll charge to navigate the Straits of Hormuz or a change to fuel duty, or simply a Presidential tweet and ironically that can be the driver to mass EV adoption as we saw with small Japanese cars in the 1970’s; only this time it’s likely to be the Chinese that benefit!
It's the interviews on Thursday's #TheApprentice.
Interviewees... beware of Mike. If you tell the truth that'll be the end of it. He will not look for you, he will not pursue you; but if you don't, he will look for you, he will find you and he will expose you.
@Lord_Sugar dear Lord,
{ sounds great for an Easter commutations?,
am thinking of a =? b=X c= Now,}
~
The reason for my interruption of your day is to enquire is there anyone alive or dead or even one of each you would like to have a Cup Of tea with?