EU's Electric Vehicle Crisis Demands Policy Reevaluation Now
Submitted by MAGA
Posted 64 days ago
**Crisis** in Electric Vehicle Sales Sparks Calls for EU Policy Overhaul
Electric vehicle (EV) sales have plummeted in Europe, particularly in Germany, where new battery-powered car registrations fell nearly 70% in August.
This steep decline raises serious questions about the European Union’s ambitious net-zero vehicle targets.
Sales figures released by the European Automobile Manufacturers’ Association (ACEA) reveal that only 27,024 electric cars were sold in Germany last month, while France experienced a 33% drop in EV deliveries.
Overall, the European market witnessed a staggering 43.9% year-over-year decrease, making it clear that consumers are pushing back against what many see as impractical environmental mandates.
Felipe Munoz, a global automotive analyst, stated bluntly, “the reality is that whether you look at business or private, electric vehicles do not convince yet.”
In the face of waning customer interest, even major manufacturers like Volkswagen have warned about possible factory closures and job losses, jeopardizing the livelihoods of thousands in the auto industry.
The ACEA has issued urgent calls for a reconsideration of the EU’s stringent regulations, warning that they might trigger massive fines for manufacturers unable to meet the targets amid sluggish demand.
The new emissions rules, designed to further push the transition to electric vehicles, mandate that all new cars produce no more than 93.6 grams of CO2 per kilometer.
However, without a robust charging infrastructure, affordable alternatives, and a realistic approach to achieving these targets, the auto industry stands on precarious ground.
In countries like Italy, there are already growing calls to delay these “absurd” targets, as policymakers study the potential repercussions on their automotive sectors.
As this crisis unfolds, one thing is clear: the push for electric vehicles needs a reality check.
Rather than forcing consumers into a technological box they might not be ready for, lawmakers would be better off re-evaluating their approach to energy and emissions targets.
This would allow for a market-driven solution that aligns with consumer choices, fostering innovation while preserving jobs and maintaining economic stability in the auto industry.
The words playing out from the heart of the EU should resonate clearly: rethink, recalibrate, and reconsider.
Sources:
westernjournal.com
wattsupwiththat.com
zerohedge.com
Electric vehicle (EV) sales have plummeted in Europe, particularly in Germany, where new battery-powered car registrations fell nearly 70% in August.
This steep decline raises serious questions about the European Union’s ambitious net-zero vehicle targets.
Sales figures released by the European Automobile Manufacturers’ Association (ACEA) reveal that only 27,024 electric cars were sold in Germany last month, while France experienced a 33% drop in EV deliveries.
Overall, the European market witnessed a staggering 43.9% year-over-year decrease, making it clear that consumers are pushing back against what many see as impractical environmental mandates.
Felipe Munoz, a global automotive analyst, stated bluntly, “the reality is that whether you look at business or private, electric vehicles do not convince yet.”
In the face of waning customer interest, even major manufacturers like Volkswagen have warned about possible factory closures and job losses, jeopardizing the livelihoods of thousands in the auto industry.
The ACEA has issued urgent calls for a reconsideration of the EU’s stringent regulations, warning that they might trigger massive fines for manufacturers unable to meet the targets amid sluggish demand.
The new emissions rules, designed to further push the transition to electric vehicles, mandate that all new cars produce no more than 93.6 grams of CO2 per kilometer.
However, without a robust charging infrastructure, affordable alternatives, and a realistic approach to achieving these targets, the auto industry stands on precarious ground.
In countries like Italy, there are already growing calls to delay these “absurd” targets, as policymakers study the potential repercussions on their automotive sectors.
As this crisis unfolds, one thing is clear: the push for electric vehicles needs a reality check.
Rather than forcing consumers into a technological box they might not be ready for, lawmakers would be better off re-evaluating their approach to energy and emissions targets.
This would allow for a market-driven solution that aligns with consumer choices, fostering innovation while preserving jobs and maintaining economic stability in the auto industry.
The words playing out from the heart of the EU should resonate clearly: rethink, recalibrate, and reconsider.
Sources:
westernjournal.com
wattsupwiththat.com
zerohedge.com
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