EU Keen to Drive ICE Vehicles off the Road
July 1, 2022
*** Sourcing enough supplies of lithium, nickel, manganese, copper and cobalt, not to mention rare earths and sufficient manufacturing capabilities look like the two major problems to be overcome. Stellantis (Fiat, Chrysler, Peugeot) CEO Carlos Tavares said last month that he expects a shortage of EV batteries will hit the auto industry in 2024-2025 as manufacturers try to ramp up electric vehicle sales while still building new battery factories.
The 2026 review will examine what technological advances have been made in hybrid vehicle technologies to see if they can comply with the 2035 goal...
...It sounds like an attempt to create an out for the likes of Toyota which continues to be accused of dragging its feet on an all-EV fleet – it remains committed to hybrids as well as EVs and many analysts reckon the Japanese giant will be pushing hybrids for years to come, especially in markets where it has influence, such as China and other parts of Asia and Africa.
... the feeling is the Communist Party government will push down this route and not support hybrids because it seems the latter as weakening the country’s dominance in batteries and allied technologies.
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