“Ban on combustion engines not as ambitious as it looks”
Jobs in danger
Unsupportive car makers
The traditional car makers also slow down the arrival of the electric car. The German manufacturers in particular aren’t too keen to wave the diesel goodbye. Daimler for instance confirmed only yesterday its confidence in the diesel.
Volkswagen on the other hand meanwhile developed a new platform for electric cars. But it is unclear where the Germans will get their batteries.
A recent survey of ING revealed only three per cent of the worldwide battery market is in European hands. With 86 per cent Asia is leader, followed by North America (10 per cent). And they will need their batteries for their own cars.
There are signs that the combustion engine and especially the diesel could be buried before the announced data. England shows a trend towards less diesel cars with a loss of 10 per cent in sales in the first half of the year. On the other hand, sales of hybrids went up by 30 per cent. And more cities plan to ban the diesel.
And there’s an even more important factor. In a few years electric driving will be cheaper. The battery prices are tumbling down fast and by the end of the decade the production of an electric car will be cheaper than a comparable diesel car.
The break-even point for petrol cars is expected somewhere after 2025. By then it is assumed that the consumer will chose for the electric car being it as a shared car or an autonomous car.
Supposedly the market will precede the politic decision making. Therefor the British measure seems a powerful statement, but might be redundant by that time.