Representatives of the European Transport & Environment Federation (T&E) believe that automakers do less than they should to reduce harmful emissions, which could eventually lead to EVs falling out of popularity again.
The organization claims that the world will be seeing 840,000 fewer EVs on the streets than originally planned by the end of the year. Unless legislation changes are made, a recession in the EV segment of the market could begin as early as next year. Apparently, automakers have no trouble meeting the requirements imposed on them by the EU authorities and lack motivation to become even cleaner.
The strict European laws have so far caused one-fifth of the market to go electric, but the de-carbonization roadmap for 2022-2030 seems inadequate to the current EV sales. If things continue the way they do, a surplus of 55 million metric tons of CO2 will reach the atmosphere over these years.
While many EU participants dedicated themselves to halving emissions by 2030, carmakers have little to do with it: the steps envisioned by the countries are fairly basic, largely unrelated to the automotive industry, and generally attainable by 2028 or so in most countries. They are also not enough in the bigger picture.
T&E says another 840,000 electric cars could leave the assembly lines this year if manufacturers didn’t prioritize heavier premium models with higher emission profiles.