Europe’s embattled carmakers are hoping for a reprieve when Brussels unveils an auto sector package next month, which could water down an effective ban on new combustion engines initially slated for 2035 as a shift towards electric engines stutters.
In the first nine months petrol cars saw a 18.3% drop in registrations in the EU and diesel a 24.5% drop. At the same time BEVs are up 25.7%. Hybrids are up as well, but the trend should be clear.
The way sales are going, they would be stupid to continue with ICE. European gas is around $2/L and at a tipping point, gas stations will start closing and gasoline with be a niche commodity.
What this is actually about: German carmakers have been designing cars for 4 years leases and a short second life by designed fail rates using plastics that fail on set heat cycle numbers. Now that EV batteries can last half a million Kms, this model is threatened.
Renault is the only euro maker without their heads up their asses. They will rule the sub 25K market.
They should just sell more affordable electric cars, why didn’t they think of that 🤷
German cars are designed for douchebags, sweet profits in douchebaggery.