EV charging point
European automakers are telling governments across the continent that they must help build electric vehicle charging points and provide consumer subsidies to to boost sales of battery-powered vehicles, as well as assisting the industry in meeting the strict new emissions rules.
Carmakers in Germany are speeding up plans to launch electric vehicles after increased pressure from an EU mandate to bring about a 37.5% cut in CO2 emissions between 2021 and 2030, coming straight after a 40% emissions cut between 2007 and 2021.
At this week's Frankfurt auto show, industry executives warned that the new EU rules could be catastrophic for profits and jobs because most mainstream consumers were not buying electric cars. Instead, customers are choosing larger SUVs.
“Our industry is eager to move as fast as possible toward zero-emission mobility. But this transition is a shared responsibility,” said PSA Group Chief Executive Carlos Tavares, and president of European auto industry association ACEA. “It requires a 360 degrees approach.”
“Governments across the EU need to match the increasing pace at which we are launching these cars by dramatically stepping up investments in infrastructure. Moreover, they also have to put in place sustainable purchase incentives that are consistent across the EU,” Tavares said.
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