The fallout from the underreporting of exhaust emissions by Volkswagen has been extremely hard on diesel car sales, which have fallen over a cliff. Regrettably, diesel’s demise became very bad news for platinum but very good news for palladium, which soared in price as the market turned to petrol-driven cars. But moving into the market now are electric vehicles (EVs) and, although there is still a long way to go, EVs are all set to push palladium over a cliff. The automotive industry is having to buckle up for bumpy rides.