For the past 25 years the experts have been telling you the electric vehicle revolution was inevitable. Turns out it was mostly PowerPoint, subsidies and wishful thinking.
Ford has effectively torched its second-generation EV program, cancelling the next electric F-150 Lightning, killing the T3 electric truck and binning electric vans. The company has already lost about $20bn on EVs since 2023.
Buyers choose hybrids
Plug-in hybrids and extended-range EVs are booming because they do something radical: they work. You can do the school run on electrons and still drive to Dubbo without planning your life around a charger.
Globally, range-extender EV sales jumped more than 80 per cent last year. In Australia, plug-in hybrid sales are up more than 130 per cent.
The EV transition isn't dead
It's just grown up. The future looks less like an overnight revolution and more like evolution: hybrids, plug-ins, extended-range EVs and full EVs where infrastructure actually exists.