EU passed new laws on electric vehicles today.
The EU Parliament’s environment committee has approved a proposal to enforce targets that would see, by 2025, car makers compelled to have 20 per cent of sales made up of full-electric vehicles, or ‘Ultra Low Emissions Vehicles’ (ULEVs, which basically means plugin hybrids). By 2030, that figure is set to rise to 40 per cent of sales.
Simple maths EU makers sold 15m cars last year minimum requirement by 2025 3 million EVs per year in Europe.
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Current SP and any other thoughts, page-551
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