Post
Topic
Board Economics
Re: No petrol/diesel car sales by 2035/ Reality or dream?
by
Fortify
on 18/12/2023, 21:05:13 UTC
Many governments are moving to push hard to reduce sales of diesel and petrol cars, the European Parliament has officially approved a law banning the sale of new petrol and diesel cars in the EU from 2035

Quote
The landmark law will require carmakers to cut down CO2 emissions by 100 percent.
The 100 percent cut in CO2 emissions from new cars sold would make it impossible to sell petrol or diesel-powered cars in the 27-country bloc. The law that comes into effect in phases that will require a 55 percent cut in CO2 emissions for new cars starting 2030, which is a much higher target in comparison to the current 37.5 percent.

Source ---> https://timesofindia.indiatimes.com/auto/electric-cars/no-petrol/diesel-car-sales-by-2035-european-parliament-approves-ban/articleshow/97939363.cms

Some reports indicate that the costs of running an electric car are actually lower than the costs of running a car with an internal combustion engine.
So, will this goal be achieved by the year 2035? Will the cars be more efficient and at a good price compared to current prices, or is it a policy that may take decades?

It's starting to look more and more like wishful thinking, however the original target was set for 2030 which received a lot of backing. There has been a massive surge in uptake of electric cars, but they are still largely out of the price range of average earners. Until we see more trickle through into the second hand market, with cars that still have viable range on them, then it could even take another couple decades before they overtake diesel and petrol cars in being the majority on the road. Bans sound nice and may eventually become reality, but you'll find that governments often take these stances loudly while pushing them back again quietly, much closer to the target date.