British Auto Industry Pleas For EU Tariff Delay. “if the rules are not delayed both the EU and U.K. competitiveness, transition to BEVs and net zero ambitions will be jeopardized” Britons face an extra charge of an average £3,400 ($4,135) per electric vehicle if the European Union fails to postpone a 10% tariff due to […]
Tag Archives | E.U.
EU Killing Plug-in Hybrids, But Sales Will Accelerate In China
EU Killing Plug-in Hybrids, But Sales Will Accelerate In China. “Luxury sports cars use PHEV technology to boost performance rather than for CO2 credentials” Plug-in hybrids seemed the perfect bridge between traditional vehicles and electric ones. Their days are numbered in Europe because of uncompromising government regulation, but the Chinese have other ideas. European Union […]
EU Insistence On Electric Cars Exposes Its Auto Industry To Existential Threat.
EU Insistence On Electric Cars Exposes Its Auto Industry To Existential Threat. “We see BEVs from Chinese (manufacturers) accounting for one in ten of new BEV cars sold across Western Europe during 2023. This could reach 12.5% in 2030” The European Union (EU) is making sure its citizens buy electric cars but this has caught […]
Tavares EU CO2 Critique Finds Support, But Environmentalists Disagree
Tavares EU CO2 Critique Finds Support, But Environmentalists Disagree. “What is clear is that electrification is a technology chosen by politicians, not by industry,” Leaders of the European auto industry are almost at one in carrying out politicians’ orders without question that a climate change emergency demands swift action to cut carbon dioxide using battery […]
Coronavirus May Dilute Harsh, Counterproductive EU CO2 Rules
Coronavirus May Dilute Harsh, Counterproductive EU CO2 Rules. “EU CO2 targets or the fines (manufacturers) face may be softened or postponed, so that companies are not at risk of financial burdens” European Union (EU) CO2 rules forcing car and SUV makers to in effect “go electric” by 2030 was always going to end badly for […]
EU CO2 Demands Threaten Europe’s Auto Industry
EU CO2 Demands Threaten Europe’s Auto Industry. “Some European manufacturers are not very well prepared and will stumble. Yes, consolidation will intensify during this decade” If the coronavirus crisis gradually slips out of the headlines leaving a largely intact European auto industry, the sighs of relief won’t last long. The industry faces a 10-year existential […]
EU Has Already Effectively Banned Gas Cars, So U.K. Move Moot
EU Has Already Effectively Banned Gas Cars, So U.K. Move Moot. “A date without a plan will merely destroy value today” The auto industry exploded with anger when Britain announced Tuesday it would bring forward a ban on the sale of new gasoline and diesel cars and SUVs to 2035 from 2040, but the reaction was […]
Slipping Sales in 2020 Will Mask EU Mandated Profit Threats
Slipping Sales in 2020 Will Mask EU Mandated Profit Threats. EU’s Von Der Leyen Wants 40% Target Raised To At Least 50% European Union (EU) fuel economy regulations designed to force its citizens into electric cars, like or lump it, start to bite in 2020, and despite sales of cars and SUVs falling slightly, the […]
EU Fuel Economy Rule Violations Could Cost Manufacturers Big
EU Fuel Economy Rule Violations Could Cost Manufacturers Big. “We expect the EU to stand firmly behind the regulation and to strictly enforce fines for non-compliance” European auto makers face massive fines if they haven’t slashed the fuel consumption of their vehicles by 2021, and a couple of reports published this week suggest some of […]
VW, Daimler Should Incur Smaller EU Penalties than BMW.
VW, Daimler Should Incur Smaller EU Penalties than BMW. Environmentalists Want More Effective Action. BMW may take a 1 billion euro ($1.2 billion) hit to its bottom line if EU charges stick that it colluded to delay technology for cleaner auto emissions, but VW and Daimler are likely to get off much more lightly, while […]