Electric Car Crisis? ZEV & 2030 Impact - MG’s Commercial Director Exposes the Risks!
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- čas přidán 8. 09. 2024
- In this exclusive interview, we sit down with Guy Pigounakis, the Commercial Director of MG UK, to discuss the pressing issues surrounding the ZEV mandate and the 2030 deadline for electric vehicles. Discover how these regulations are impacting the automotive industry, MG’s strategic response, and what this means for consumers and car buyers in the UK. With insights straight from the heart of MG, we uncover the risks and opportunities posed by these game-changing policies.
Guy Pigounakis offers an in-depth look at how MG UK is navigating the electric car market amidst stringent regulations. Chatting to him I discuss the unique challenges and advantages faced by the company, their preparedness for the future, and the broader implications for the UK market. Whether you’re an industry professional or a car enthusiast, this interview sheds light on the critical shifts in the automotive landscape.
Don’t miss this candid conversation that covers everything from market strategies and consumer trends to the political landscape affecting electric vehicle adoption. Stay informed about the future of electric cars and MG UK’s role in shaping it.
Subscribe for more insightful interviews and automotive news.
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Knock me down with a feather! I didn't expect that opinion from MG boss. Really good conversation. Interesting. Thanks.
Glad you enjoyed it
Wow. 40% of households will never have access to domestic charging...
Making EV charging very expensive for them
It'll be more than that.
That's the dwellings without off street parking
However with the dwellings with off street parking lots will be unsuitable for a charger.
He hit the nail on the head... 'consumers don't want them'.
9:20 "People that have got an electric car love them"
9:44 "biggest issue absolutely is the affordability"
So it's not that people don't want them, they can't afford them.
@@ZesPak I can afford one... I don't want one. I turned down a company car, which had to be an EV, to buy my own with a car allowance, because I don't want one. Especially a one from China, the largest polluters on the planet!
I am sure that there are many that like EV's, there are also lots that don't.
The real issue now, is the incentives that were introduced to coax people into an EV, are being revoked, so people are looking at things such as charging time, range and massive depreciation and sticking with ICE or hybrids.
My view is, whatever the Government suggest, or try to force on you, do the opposite... You will be better off in the long run!
Cracking interview BCG. What an open and honest guest. A really worthwhile watch. Keep at it!
Glad you enjoy it!
Very interesting fact filled interview, thank you for sharing.
Without the government trying to force people and industry to switch to electric things would be far better. The mandates will now cost everyone dearly as the consumer resists this immature technology. Natural adoption and innovation caused by user demands requirements are a better way of doing things for companies and comsumers.
Sorry I still like getting oil on my hands and the general maintenance of a car. The EV car is like sitting on an iphone and pointing it to where you want to go within a certain restricted mileage.
@@TheUkLabourGovIsdangourous Don’t be sorry that is your choice. Personally I don’t miss getting oily hands with oil changes, filter changes, alternator changes, spark plug changes, cam belt changes, been there done that. I just want to get to where I’m going these days with the minimum of hassle.
Have you ever driven one? As an everyday car it's cheap and very easy to drive.
EVs also need general maintenance, tyres, brakes, wipers and cleaning, so still plenty to do.
@@richfixescars I’d take brakes off that list they last almost forever depending on driving style and add suspension and steering components and cabin filters. Washing cars isn’t really important, it doesn’t affect safety or performance.
Depreciation is the largest problem and not just on new EV's. Used EV's are also getting crippling depreciation. Also battery technology moving forward makes a new car obsolete within a few years. Longevity of EV's has not been proven. There is no infrastructure for recyling EV battries.
The EV battery recycling plant in Livingston went on fire not that long ago
Well I'm on 165k miles and still getting 41 miles on my phev 11 yrs old girl doing good
Local battery shop here in San Diego burned for a week. No thanks. The Future My ars
Your guest says I wouldn’t think manufacturers are losing money on electric cars try asking Jim Farley of ford
Some EV producers have gone bust!!
What will happen to all the non sold , 3 year old ex lease EVs? No one wants them. EV graveyards perhaps. Motor manufacturers end up going down the tubes.
Consumers don't want them for the same reason they don't buy new EVs - value and risk. Authorised dealers don't want them back because they are forced to sell new EVs (this may be the best reason to buy a car from a pure EV manufacturer), independent dealers don't want them because of risks related to assessing a battery state. The result could be as bad as a write-off or a costly insurance claim if battery catches fire within a warranty period. And, of course, there is no secondary P11D company car market. A perfect storm.
Hate Chinese cars but you got to love Guy Pigounakis for his honesty and insight on the market.
Great video. Really liked your interview style being more chatty than Q&A. Guy seems to be very honest, open and realistic with his comments; definitely worth another chat sometime.
Glad you enjoyed it!
Great interview with people who are willing to have an honest opinion on the issues involved
At last someone talking straight facts no bull mg guy is a credit to mg
Excellent interview very interesting and perceptive , thanks
Thanks!
We got no money people can't afford new motor.
Double edged sword here.
New engine still way way cheaper than an EV. All day every day.
Last year we flew that 8 hour flight to the UK, when I booked the car with Hertz, they had a box to check to specifically reserve a gas/diesel car. We did get a gas car, but walked past
dozens of EVs to get to the handful of unrented IC cars.
This year that box had disappeared, when I called, they said they could not guarantee the car wouldn't be electric, so I shopped around till I found a rental company that could- but
I could only find one out of several.
i.e. even if they are not buying any more, they seem to still have a large inventory that you might get stuck with- so it's worth making sure that the company can guarantee the car will have an engine in it- crazy that you have to do that now. Technology going backwards instead of forwards..
With MG's market growing, would they consider assembling cars here as they did before?
Good question - sadly I didn't ask it. Doh! But personally, I think if the UK introduced Tariffs on Chinese cars, than that would be a possible scenario. I expect Chinese companies to be looking at establishing 'strategic partnerships' in Europe at the moment.
@@henryhol8538 Never say never but everyone is moving production to China, something would have to change significantly to make it cost effective enough. I’d imagine they would withdraw from the relatively small UK market before considering UK assembly.
No cheap labour.
MG are looking for a site in Europe, to get around the tariffs, I heard Hungary or Czechia were being considered.
Luton fire - not started by an EV but ended catastrophic because of EVs. More likely to kill a pedestrian - plausible, these cars are easy to drive, attracting inexperienced drivers, yet fast, quiet and heavy. Weight too high for bridges - probably not, but it may be an issue for car parks and other structures designed for passenger cars.
1960s carpark design codes anticipating 18cwt of Ford Anglia or Austin 1100 are likeky not up to a full complement of 2.5 tonne bloated EVs.
More likely to kill a pedestrian??!! Please do explain 😅
Already explained above. It's about corellation, not causation. The same reason why your insurance premiums may be higher when you park inside a garage rather than outside of it.
What a great guy to listen to. He is straight forward and honest. A great interview B.C.G
Weight and size too much for our roads. Battery compilation much worse for planet, disposal far worse. Replacement parts at ridiculous costs. Resale huge losses. Charging time consuming and limited. Cost new far far too much for regular households. Loss of revenue for government on petrol
My family and friends find nothing good about these vehicles. Would hate for my daughters to be out and about in what i consider these dangerous vehicles
Nobody wants to repair them either,and my ins company won't even insure them.THEY ARE TOTAL CRAP ,NOT FIT FOR PURPOSE.
Personally, if someone gave me an electric car I still wouldn't want it. I don't want a car that scares the crap out of me. I like having a van that I can do much of the maintenance on myself and the limited range of electric vans especially under load would mean my working day would be much longer and the company I work for would probably go out of business. I think a lot of these commentators either think the public are thick or they are just lying. This idea that its just 'price' that's stopping us all dashing out to buy an EV is nonsense.
Excellent interview
What about the motorists like myself who don't want the stress involved with an electric car and don't want a Chinese made car masquerading as a British Brand? Precisely the reason why I will not have a new Chinese Volvo. 👎🏻
Nobody cares about what you want. Get over yourself. What a A hole 🤡
Quite right, Volvo is anything but Swedish, the only thing they do in the factory is the body and assemble a lot of parts from mainly China.
Well, you just suck it up… The world is going electric, the Chinese and Tesla make the best cars but Korean makes some great cars too… Change is uncomfortable, but change is the ONLY constant in life…
@@markbray2988 nobody cares what you want. Stop your moaning and know your place. 💩
Well, a lot of us middle to lower income folks all around the world might disagree with you. As we are the ones not buying these things, I'd say you got a problem with your Opnion.@Chrislayeruk1 but enjoy your Billion dollar car. I am sure all the problems will be worked out soon.
Supporting an aggressive China by buying their EV’s should have been addressed. However, very good interview…
In the 80's we actively made the decision along with the US to shift all manufacturing to China so we can have cheap goods. They have now become very good at making things so we are crying about it now, especially EV's.
I have 'can't be ersed hanging around to fill up' anxiety. Now,5 mins and I have filled my ICE, nipped to the loo and bought a coffee.
I want a 20+ year old MG from when they were built at Longbridge.
Great video
Wish you could interview the Suzuki marketing director, I bet he doesn't feel lucky?
Suzuki Heritage Inspires Fun Driveability in EV Era Insists UK Boss (He Drives Classic Cappuccino!)
czcams.com/video/e64508m777I/video.html
My son bought a new Audi suv fully electric for the 44,000 price tag against my advice one year actually 9 months later he's been offered 14,000ln part exchange what a joke
Interview was ok, obviously his business is selling cars so he didn’t miss the opportunity to push PCP deals, whilst ignoring the elephant in the room which is that the overpriced cars ICE, EV or PHEV lead to significant depreciation which someone has to pay for. As the PCP basically pays for the loss in value of the car over the 3/4 years etc, so more and more former customers either aren’t willing or are unable to afford even PCP deals. Significant numbers of new vehicles being sold today and over the last decade are not fit for purpose, with even main dealers being incapable or unwilling to resolve design faults and premature component failures. He clearly has nothing to benefit airing the car manufacturer’s dirt washing in public, namely the failure of small electric vehicle manufacturers and dealerships and the colossal losses major manufacturer’s have made with EVs.
which ever way you cut it, EV's are disposable items after maybe 10 years, whereas ICE vehicles have the potential to live much longer lives. The depreciation of EV's has been meteoric, making them doubly expensive. Even a small accident might get the car written off due to fears about battery problems. You need a much bigger premises to store multiple EV's making them more difficult for the garages. When they do go up in flames the intensity of the fire, the inability to easily put that fire out, and the extremely noxious gasses emitted make them a fireman's nightmare. Charging on the move is a total pain. Unless you have an independent garage to park, with access to a home charger they are more trouble than they are worth. They do not emit at the tailpipe, but they do emit much more pollution from the tyres than an Ice car. The pollution is not from the tailpipe it is from the chimney of the electricity generator, or the factory that makes these mostly disposable energy sources like solar panels, and wind turbines which will have to be buried every 20 years.
True, a gas car can be bought second hand at 10 years old and have plenty life left, it can be handed down to a family member after that, it can spend years parked without use and fired up again- kept running indefinitely if someone wants to.
The practical upshot here is further restricting personal mobility to only wealthier people who can afford a new car. (+ corporate and gov't fleets)
but cars will also have to be replaced more often, so I can see how a car manufacturer might not be too worried about that scenario.
How will the import of cheap Chinese cars affect the UK/European car industry?
Europe has introduced a tariff on Chinese cars to try and protect its motor industry. czcams.com/video/H0JvZnPwfkk/video.html
Sorry, made 10 minutes in, and not one fact that ev's are actually better than ice for the planet.... That is the point, right? If that was addressed later in the vid, I didn't get there
To reply to my own comment (awkward!) I did come back and watch the entire vid. Yep -definitely interesting, but I stand by my original comment. We don't need 'em. But full Kudos for Guy explaining the market that keeps him gainfully employed. I'd be doing the same in his shoes
What's better is not buying new
Legislation to force people to use these garbage vehicles is utterly wrong. Let the market decide.
Running energy counts.
The tech is amazing but the infrastructure is dire and it'll cost us a fortune in charging and insurance 😊but hey your not buying petrol or diesel
The only good MGs are the ones made in the UK and they are still around 60 and 70 years these Chinese will not be around in 60 or 70 years they will be forgotten but the UK built MGs will be still around
They'll be forced via United nations SDGs and ESGs
My car cost me £2000, 85k in miles 14 yrs old n does the job, cost me 35 mpg, you will not get that from ya lekky shite , c’mon bcg ask him bout fires 😂😂😂
Good job with your car. BTW regarding fires:
Swedish Civil Contingencies Agency says EVs are 20 times less likely to catch fire. American Insurance Institute reveals 25 out of every 100,000 EVs sold caught fire, compared to 1530 Petrol cars out of 100,000 and 3475 hybrids out of 100,000. The problem is that EVs fires are more spectacular and almost impossible to put out quickly.
@@BrownCarGuy
Other than adjusting those stats for the average age of the vehicles,
I'd like to see stats, on which type of car is most likely to spontaneously catch fire..... when unattended, in an attached garage while people are sleeping, an underground parking lot under a hotel, on a ferry or transporter ship in the middle of the ocean...
I would imagine most IC fires occur outside while driving, or very soon after parking so it is noticed and dealt with much more quickly and safely.
4000 electric mg's from China in a massive 🚢 ship the other day.
Wonder what elon thought?😆
Even if you bought an ev for 10k new, you still have problems with depreciation. Find someone whos qualified to maintain them, range anxiety, and any bump its a write-off, plus many other issues. There is no infrastructure at all in the country, so 40% of ppl can't charge . Oh, and they catch fire .
No. They are at least 20x less likely to catch fire than an ICE car. The worst of all for fires are hybrids if you look at the data. Well over 10yrs of data available. How can you not know this ? It has never in the whole of human history been easier to obtain information and do your own research.
Electric cars are waste.
EVs are the best choice for most people