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...]