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Discussion Starter · #1 · (Edited)
une 29, 2022 07:59 AM 13 MINUTES AGO


VW CFO Arno Antlitz says the EU goal to phase out combustion cars by 2035 is challenging, but not as hard as sourcing enough batteries to power their replacements.
Reuters


A VW ID3 battery pack at the automaker's factory in Zwickau, Germany.

MUNICH -- The EU deal to phase out combustion engine cars in just over 12 years is challenging, but a more daunting obstacle will be making enough batteries to power the electric cars needed as a result Volkswagen Group’s Chief Financial Officer, Arno Antlitz, said.

The comment came after EU countries clinched deals on proposed laws to combat climate change early on Wednesday, including one requiring new cars sold in the EU to emit zero CO2 from 2035.

That would make it impossible to sell internal-combustion engine cars.

The European Commission had first proposed the package last summer, aimed at slashing planet-warming emissions this decade, but the deal overnight makes it likely that the proposal will become EU law.
"It's a challenging goal. We think it's doable," Antlitz told Reuters in an interview at Reuters Automotive Europe conference on Wednesday.

"The most challenging topic is not ramping up the car plants. The most challenging topic will be ramping up the battery supply chain."

Volkswagen has said it will stop selling combustion engine cars in the region by the target, but some automakers further behind in the race to develop EVs such as Toyota may struggle to meet the target. The Japanese automaker declined to comment on Wednesday.

Major automakers have been racing to secure battery cell supplies but finding enough battery raw materials may be a bigger problem.

Failure to obtain adequate supplies of lithium, nickel, manganese or cobalt could slow the shift to electric vehicles, make those vehicles more expensive and threaten automakers' profit margins.

Stellantis CEO Carlos Tavares said last month that he expects a shortage of EV batteries will hit the auto industry in 2024-2025 as manufacturers try to ramp up electric vehicle sales while still building new battery factories.

The agreement in Luxembourg came after more than 16 hours of negotiations, with Italy, Slovakia and other states wanting the phase-out delayed to 2040.

Countries eventually backed a compromise which kept the 2035 target and asked Brussels to assess in 2026 whether hybrid vehicles could comply with the goal.

The 2035 proposal is designed so that in theory, any type of car technology such as hybrids or cars running on sustainable fuels could comply with it, as long as it means the car has no carbon dioxide emissions.

The Commission's 2026 review would assess what technological advances have been made in hybrid cars to see if they can comply with the 2035 goal.

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When you look at how European Union legislation CO2 based fines/covid have hurt really damaged sales of internal combustion cars, and now the legacy producer VW boss is saying he finding even harder task upscaling the production of electric cars, its just shows what a nightmare problem the logistics of sourcing raw material, component that go into electric cars is going to be in the future.


You can see how the European CO2 based fines have hit internal combustion per unit/car.

VW Group European Union Average CO2 Based Fines Internal Combustion Engine per car : 2,525 Euros


VW Golf ICE Sales (subtract e Golf sales)
2019 410,779
2020 285,013
2021 214,009

VW I.D 3 EV
2019 0
2020 54,495
2021 72,723

VW e Golf EV sales
2019 28,517
2020 33,650


Ford Brand European Union Average CO2 Based Fines Internal Combustion Engine per car : 2,576 Euros

Ford of Europe brand sales
2018 1,014,037
2019 991,615
2020 669,631
2021 569,534

Ford Fiesta ICE sales
2019 228,959
2020 156,067
2021 86,385

Ford Focus ICE Sales
2019 224,401
2020 173,853
2021 101,066

Ford Focus EV Sales
2015 70
2016 61

Mustang Mach E EV Sales
2020 185
2021 23,054

Tesla European Union Average CO2 Based Fines Internal Combustion Engine per car : 0 Euros

Tesla Model 3 EV Sales
2019 95,168
2020 85,979
2021 140,868

Nissan Leaf European Union Average CO2 Based Fines Internal Combustion Engine per car : 0 Euros

Nissan Leaf EV Sales
2019 31,792
2020 31,117
2021 33,772

Renault Zoe European Union Average CO2 Based Fines Internal Combustion Engine per car : 0 Euros

Renault Zoe EV Sales
2019 45,129
2020 99,342
2021 69,136

When you look at the European automakers ICE legacy producer sale both new & established EV car model car sales they are not as good as the old ICE sales, Tesla have been making billions selling carbon credits to other automakers to offset their European Union C02 base fines imposed on ICE cars.

Yes it looks like VW boss is right and very honest saying making EV's is harder having to source enough batteries the next big problem coming over the horizon. European Union legislating in big C02 fines on ICE cars, banning ICE is the easy bit, getting enough batteries to power EV plus charging extra the higher price.

EV sales numbers just look a bit flat in Europe are not getting big EU fine on them, compared to older ICE models that Ford are getting hit with 2,852 Euro fines for every ICE they produce from the European Union who are raking a lot of money from EU automakers. Nice to see Tesla doing well, legacy producers like Ford brand sales are heading to floor, Mustang Mach E is doing well but the sales are very low compared to ICE cars that are getting heavily fined by the EU.

European best selling EV automaker after 2035 will be the ones with the best materials/component parts logistics department.
 
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Ford are getting hit with 2,852 Euro fines for every ICE they produce from the European Union who are raking a lot of money from EU automakers.
Mary's crystal ball worked great. Ford's broken Magic 8 ball was stuck on Lose Money.
 
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The Magical Mystical Lektrik Transformation will be a bit difficult without enough batteries.

Hey! Let them walk! Take the subway! Get mugged, shot, or shoved! Or take a train from Delaware to DC! Krikey, I am a genius, I'm so glad I solved this problem! :geek: 😁
 
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The Magical Mystical Lektrik Transformation will be a bit difficult without enough batteries.

Hey! Let them walk! Take the subway! Get mugged, shot, or shoved! Or take a train from Delaware to DC! Krikey, I am a genius, I'm so glad I solved this problem! :geek: 😁
Just read the responses by the smart guys on the "Not Everyone Wants an EV" thread. I think the smart guys are perfectly fine with the things above happening to those outside the upper and upper middle class.
 

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Discussion Starter · #7 · (Edited)
He needs to speak to the Globale leader Klaus Schwab about it. In his address of priorities for 2022, to the politburo, he made it very clear that the environment is a priority before 2030.


It's not what you want what you know, it's who you know that really counts only one country that own most of the rare earthS, refines all the EV battery raw materials.



Geopolitically upset the worlds largest rare earth battery raw materials refinery, your battery supplies will dry up as fast as the chip supplies, EU would look stupid banning all the ICE cars if all the refined batteries supplies dried up, you would be left up ship creek without a paddle, left with a Freddie Flintstone type of automobile industry, need to cut a hole in the floorpans.

Need to keep all the other fuel type options open petroleum, bio-diesel fuels from crops, hydrogen etc. Look at the Ukraine/Russia war geo-political situation gasoline/diesel $12 a gallon and $5,000 a year gas/electric utility bills in the UK, these geo-political things happen.
 
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