Sep 26, 2024, 5:05 PM
Sep 25, 2024, 12:00 AM

Italy warns of crisis as EU bans petrol cars

Highlights
  • Italy's industry minister warns that the EU's ban on petrol cars creates a serious crisis for vehicle manufacturers.
  • He argues that the current roadmap of the Green Deal has led to contradictions and a decline in the electric vehicle market.
  • The minister calls for an urgent review of the ban, emphasizing that the current path is unsustainable for the automotive industry.
Story

Italy's industry minister has expressed serious concerns regarding the European Union's plan to ban petrol and diesel vehicles by 2035, labeling it a 'grave crisis' for the automotive sector. He highlighted that the current roadmap of the Green Deal has led to contradictions, particularly with the decline of the electric vehicle market in Europe. This situation has placed significant pressure on European car manufacturers, who are struggling to adapt to the rapid shift towards electric vehicles. The minister emphasized that the path to the ban is unsustainable and called for an urgent reassessment of the EU's strategy. He pointed out that the data surrounding the electric vehicle market's performance indicates a troubling trend, which could have dire implications for the future of car manufacturing in Europe. The industry's challenges are compounded by the need for substantial investment in infrastructure and technology to support the transition to electric vehicles. As the EU moves forward with its ambitious environmental goals, the automotive industry faces a critical juncture. The minister's warnings reflect a broader concern among manufacturers about the feasibility of the proposed ban and the potential economic fallout. Without a careful review and adjustment of the current plans, the future of many carmakers in Europe could be at risk. In conclusion, the Italian government is advocating for a more balanced approach to the transition towards electric vehicles, one that considers the realities of the market and the needs of manufacturers. The call for a review of the ban underscores the urgency of addressing the challenges facing the automotive industry in Europe today.

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