Truckmakers are a more carbon intensive investment, per € of revenue, than oil, steel and cars. The only major sector that's worse is coal mining, says a new study by T&E. For investors that are counting the emissions of their investments, this will become clear when truckmakers are forced to report their Scope 3 emissions next year. Truckmakers therefore risk losing access to these investors. Until now, truckmakers have got away with it … [Read more...]
Carmakers must stop complaining and meet the 2025 EU CO2 target (like they did in 2020, and profitably)
In 2025, the EU’s car CO2 regulation will require a 15% reduction of fleet emissions from new passenger cars sold in Europe, compared to 2021 figures. But some carmakers are saying this target is unfair, claiming that they cannot control the consumers’ appetite for EVs. They want targets relaxed or fines waived. Julia Poliscanova at T&E explains why their complaints are unwarranted for a number of reasons. Previous deadline dates show that EV … [Read more...]
Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs
T&E present a summary of their study which shows that European carmakers can produce affordable EVs (40 kWh LFP battery, 250-300 km range) priced at €25k by 2025 with a reasonable 4% profit margin. Priced for the mass market, this would add a million extra EV sales annually, accelerate the removal of combustion engines, and counter China’s dominance of the EV market. The obstacle is the insistence by Europe’s leading manufacturers - BMW, … [Read more...]
How do we get EV payback periods down to 4 years?
The take-off of EVs will happen when the lifetime cost of ownership falls below that for a conventional car. But let’s remember that “lifetime” for a Brit means 4 years as that’s the average period of ownership. Gerard Wynn and Arjun Flora at IEEFA show how the payback period on Gerard’s Renault Zoe ZE50 has been cut by over a fifth simply by signing up to a smart meter tariff. It’s dropped from 10 to 8 years. The UK is nearing the universal roll … [Read more...]
Electro-mobility planning, pricing, smart-charging: “Pentalateral Region” can lead Europe
At the end of October, Ministers and Director-Generals of Energy and Mobility from the Pentalateral Region (Belgium, the Netherlands, Luxembourg, France and Germany), CEOs and experts came together to understand how electro-mobility can accelerate the energy transition. Reducing vehicle emissions is one thing, but a vast number of “batteries on wheels” can also enable rapid grid expansion. IRENA were one of the experts, and their analysis says … [Read more...]
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