The electric shift is well underway across the industry, and it’s not likely anything will derail the transformation at this point. All automakers are investing in new technologies and making bold promises to transform their lineups into all-electric models. Some have set deadlines for this transition, with 2030 or 2035 the most common targets.
Automotive News reports that Tavares told a European press briefing that “the brutality” of banning internal combustion engines in Europe in 2035 could create a “social risk”. The deadline forces automakers to quickly transform their factories and supply chains to meet new government regulations. Stellantis had promised not to close any European plants, but Tavares also says the company needs to “remain competitive”.
Photo: D.boshouwers Écusson hybride Tavares also pointed out that there are better ways to reduce carbon emissions, solutions that are cheaper and faster than switching to electric vehicles. He said an electric vehicle needs to travel about 70,000 km to start offsetting its carbon footprint. Lightweight hybrids could significantly reduce those emissions while being cheaper for customers to buy and for manufacturers to design and manufacture.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cleantechnica - 🏆 565. / 51 Read more »
Source: ReutersScience - 🏆 559. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
How to set business goals in 2022, according to Naturalicious' CEOInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. *crickets* Love this! Always helpful to see how others review and plan.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »