David Badía Vidal’s Post

The UK government, through a spokesperson for Prime Minister Keir Starmer, announced that it would launch a consultation on changes to its zero-emission vehicle mandate. It also reaffirms its commitment to the 2030 deadline for phasing out the sale of new petrol and diesel cars. Despite recognizing the challenges faced by the industry, the British government maintains the transition as a priority and aims to gather feedback from the sector to ensure effective implementation. The planned consultation will allow stakeholders, including manufacturers and experts, to share their views on how to achieve the transition to zero-emission vehicles without disrupting the market. This move highlights the importance of engaging with the industry in the context of automotive sector transformation. While the government will not alter the 2030 deadline, it is committed to ensuring the transition process is as smooth as possible. This approach demonstrates the UK's firm stance on its climate strategy, aiming for more sustainable mobility to reduce carbon emissions. The consultation could lead to adjustments in incentive policies and support for the industry, taking into account the current challenges faced by vehicle manufacturers. The shift to zero-emission vehicles in the UK reflects a commitment to sustainability but also underscores the tension between environmental policy and the economic realities of the automotive industry. The consultation will be key to the success of this ambitious goal. https://lnkd.in/drvE3-Gm #automotiveindustry #electricvehicles #china #europe #leadership Tesla BYD MG Motor Europe

EVs aren’t just the future, they’re the present. Global demand for internal combustion engines peaked in 2017. The numbers don’t lie. Any talk of dismantling the current $7,500 electric vehicle (EV) tax credit will have implications far beyond individual car buyers and be a major setback for the American automotive industry. Countries such as China and members of the European Union have heavily subsidize their #EV sectors, providing incentives and resources to build robust EV manufacturing infrastructures. If the US eliminates the $7,500 tax credit, it risks putting American automakers at a disadvantage globally. Without comparable support, US automakers face the challenge of both competing with lower-priced foreign EVs and covering the high upfront costs of EV research and development (R&D) —without the benefit of government sponsored subsidies. If you’re an American who is concerned about this country and its technological and manufacturing future, you should fully support not only the tax credit but our government’s full throated support of American car manufacturers’ production of fleets of EVs. This isn’t politics - it’s literally a data driven decision.

𝐓𝐡𝐞 𝐡𝐲𝐛𝐫𝐢𝐝 𝐬𝐜𝐚𝐦 𝐢𝐬 𝐝𝐨𝐢𝐧𝐠 𝐰𝐞𝐥𝐥, 𝐭𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 🔋 Import an electric vehicle from China? 40% tax. 🚗 Import a hybrid that rarely gets plugged in and runs mostly on petrol? No tax. Whilst the tariff have been working well to diminish chinese market share in electric car sales, they have in turn sparked hybrid chinese car sales. The Chinese automakers must be laughing as they flood the market with “green” hybrids that, let’s be honest, are a total green scam. Meanwhile in France last week as the budget was being debated: amendment 1674 was adopted but not amendment 1675. This means they have given a favorable opinion on the exemption for employers covering the costs of electric charging for plug-in hybrid vehicles 𝐛𝐮𝐭 𝐧𝐨𝐭 𝐟𝐨𝐫 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬. Beyond the additional operational complexity for companies, this decision is totally counterproductive from a decarbonization perspective.. Marc Ferracci Jean-Marc Jancovici could you please explain to conservatist parties the truth about hybrid cars?

Europe taxes Chinese EVs, then buys their carbon credits. 🚗💶 This might seem absurd, but it could soon be a reality. Here’s why: EU automakers will soon face stricter CO2 standards, requiring a 15% cut in emissions per car by 2025, compared to 2021. If they don’t meet this target, they’ll face heavy fines. With the deadline near, some EU automakers have three choices: 1️⃣ Pay fines. 2️⃣ Reduce gas-powered car sales to boost EV numbers. 3️⃣ Buy carbon credits from more compliant manufacturers, like some Chinese brands... Or they can invest heavily in making EVs & EV sales work and build a reliable charging infrastructure. #electricvehicles #chineseEVs #tariffs #eu

Interesting post indeed. If you include EREVs in the wording "hybrid", I would just dampen down the sentence "hybrids are a total green scam". Emanating from China, the Extended Range EVs seems to be an interesting bridge from ICE to EV. Because in an EREV wheels are powered by the battery and the combustion engine acts only as an onboard generator, they are more environmentally friendly than conventional hybrids while more cost competitive and with a significant higher driving range. Today the key focus should be the EV mass market adoption. In western countries, we are far from it mostly due to affordability. PHEVs are not favored by authorities (do not guarantee meaningful emissions reduction) but favored by customers (affordable). BEVs are not favored by customers (not affordable) but favored by authorities (meaningful emissions reduction). Couldn't EREVs reconcile both parties ? Should we favor the "good enough" for a fast adoption pace or the perfect zero emission at slow pace ?

🚨 TRUMP IS ENDORSING EVs NOW !!🚨 Honestly, I’m not surprised. Here’s why I think he changed his mind (and it’s not because of Elon Musk): — Majority of clean energy investments (over 70%) have gone to Republican states resulting in surge of job creation from building new factories and deploying infrastructure. E2 and Natural Resources Defense Council (NRDC) job creation data supports this strongly. — Republican states are openly validating this. See how Pennsylvania (Gov #JoshShapiro) created 100% clean energy pledges or how #MarjorieTaylorGreen applauded a the opening of $2B solar panel factory by Korean-manufacturer Qcells USA Corp., creating hundreds of jobs in her district. — Billions have ALREADY been committed by the automakers for the transition. Not only vehicle manufacturing, but national charger initiatives such as IONNA, where 8 Auto Manufactuers such as Toyota Motor Corporation, Mercedes-Benz AG, and Hyundai Motor India Ltd. have committed $1B to build out much needed fast chargers. — Companies like Uber and Lyft continue to advance 100% EV goals. The reason is not because of environmental altruism, but that the 50% lower Total Cost of Ownership (TCO) of an EV will allow drivers and fleet owners to operate more cheaply overall. — Workforce (aka availability of trained workers & jobs) continues to be a concern in the backdrop of AI & automation. Clean energy transition creates long-term, high-paying jobs for both blue and white collar workers.

Whilst this article focuses on the negative of reported over investment and enthusiasm by governments in achieving net zero, it does underscore that BEV’s will form part of the medium term automotive environment, not a short term mass transition. It will be interesting to see what the federal government do to incentivise punters if the expected increase in sales of PHEV/BEV’s doesn’t follow post implementation of the NVES. Not that I’m calling it a carbon tax, but if it looks like a duck…

2023 data shows that Europe's rate of EV adoption is stalling, while China and the US is rocketing. Why? Incentives play a key role. With buyer incentives in place, EV adoption in Europe DOUBLED from 10% of new cars in 2020 to 20% in 2022. In 2023 it's just a 1% increase. Subsidies like Germany's Climate and Transformation Fund for new EV's have been phased out, and we are starting to see the effects. Meanwhile with decent tax incentives more than one in three new cars sold in China is electric, the highest globally. Case in point - when the Model Y qualified for the full US tax credit, sales increased 50% year on year 😲 The new UK government is changing strategy from carrot to stick. New policy will likely pull forward the ban on petrol and diesel car sales to 2030, with mandatory milestones for automotive OEMs to hit in-between. Great for re-energising EV takeup, but we need price comparable models on the roads by then, and the right charging infrastructure for all use cases. It would be terrible to mandate EV sales without consumers being able to afford to buy them, or have available options to charge them 🤔 Would you switch earlier if you got a better deal than on a non EV?

When the Rubber meets the Road: It’s not easy being Green The UK motor industry has faced a very tough year. With secret commission payments and a huge surge in claims pushing the motor finance side. But that’s not the only challenge with impending EV targets forcing manufacturers to look at cutting production. The transition away from fossil fuels and towards a green economy has been a topic of intense debate, with some commentators warning of potential economic disruption. While there is a growing push for sustainability through initiatives like ESG (Environmental, Social, and Governance) investing and the adoption of electric vehicles, critics argue that our deep dependence on oil and fossil fuels makes a rapid transition economically perilous. There is a train of thought that being “green” creates an unnecessary economic hurdle. Given the current state of the UK economy is this a burden that the economy can take? Is being green a luxury we can ill afford? In the UK, recent government actions have raised concerns about the commitment to net-zero targets. The government has postponed critical policies aimed at reducing carbon emissions, such as: • Delay of the ban on new petrol and diesel car sales: Originally set for 2030, this ban has been pushed back by five years. • Postponement of oil boiler bans: The prohibition on new oil boilers in off-grid homes has been rescheduled from 2026 to 2035. • Abandonment of energy efficiency regulations: Proposed regulations for improving home energy efficiency by 2025 have been scrapped entirely. The UK must compete globally and it seems unlikely the next USA regime will be heavily invested in green, Elon is already setting his sights on the Red Planet as a plan B. Are governments prepared to inflict short term economic harm for longer green issues? What about energy security in a turbulent world? As Thomas Sowell notes “There are no solutions, there are only trade-offs; and you try to get the best trade-off you can get, that's all you can hope for." #motor #motorfinance #green #ESG https://lnkd.in/emT5xTUh

I'm happy to say that after much waiting and clarifying of the European Commission's (EC) provisional countervailing duties it is likely to impose on the imports of battery electric vehicles (BEVs) from #China – including Western models – we have finally published our latest #EuropeanElectricCarStudy, which is heavily dedicated to exactly that. In the Editorial, we take a look at the EC's provisional conclusions and give our own interpretations of what this could mean for the market, industry and region and why this is far from the final thing we will hear on this subject with more deadlines and hurdles to go. We expect #Tesla to be presented with its individual tariff as early as next week, having asked to be investigated separately and not collectively, thanks to not being part of a JV in China. We also take our usual look at the West European Electric car market and try and explain why the market has come to a halt, with the 12-month trailing BEV share of the new car market having shown zero progress over the last 5 months and where it is heading with a change to EU #CO2 fleet emissions standards from 2025, the spiralling UK ZEV mandate target going forward as well as a key change to the utility factor for PHEVs which will make their CO2 emissions advantage diluted all at a time as customer sentiment appears to be turning. While cash-strapped governments reel in the purchase subsidies, fiscal subsidies aimed at corporate drivers are becoming even more critical to meeting these regulatory targets for OEMs. Full study (€) available here: https://lnkd.in/e_RR7uuv