[AUTO] Spain invested 300 million in electric vehicles compared to 40,000 in Germany

[YaKuZa--BoSs]

A report indicates that Europe committed in 2019 investments 3.5 times higher than those of China

 

 

The objectives of the European Union to reduce CO2 emissions led to a 19-year increase in investments for electric mobility that had been allocated in Europe during 2018. These data belong to a report published on Tuesday by the European Federation of Transport and Environment (T&E) and the Ecology and Development Foundation (ECODES).

According to these data, the figure reached 60,000 million, with a practically hegemonic predominance of Germany, guided by the Volkswagen Group. While the German country committed 40,000 million, Spain - which is the second largest automobile manufacturer in the continent - only reached 300 from Opel and is the sixth country in electricity investment.

The Czech Republic, also led by the Czech brand of the Volkswagen Group, Skoda, is the second state with the largest contribution for the construction of electric vehicles. Skoda has in its program the production of up to 75 electric cars until 2029. Fiat contributed the bulk of the 1.75 billion committed to this end in Italy, above France, Sweden and the United Kingdom, which totaled 1 billion investment from its manufacturers, approximately.

The total investment of manufacturers, the European Union and their governments in 2019 was three and a half times greater than that of China, the global giant in batteries and electric mobility, in that period, according to the aforementioned report.

ONLY ELECTRICAL IN 2035
T&E considers that "European and national aid after COVID-19 to the battered automobile industry should be based on this investment and support an ecological recovery", prioritizing the production of electric vehicles, as well as incentives for the

Purchase to drive sales of zero emission cars, especially in corporate, taxi and carpool fleets.

It also indicates that to lead e-mobility, "EU lawmakers should also accelerate the transition to zero-emission cars by revising upstream CO2 emissions standards for cars next year." In this way, T&E advocates that the EU guarantees that it is only allowed to sell emission-free models in 2035, five years earlier than has been planned in most countries, including Spain.

"The Covid-19 has caused human tragedy and has shaken the economy. But the EU and governments can use the recovery to emerge with a healthier and greener economy, one that reinforces its industrial electric vehicle strategy and creates thousands of jobs. work, "says Saúl López, head of electric mobility at T&E.

For her part, Mónica Vidal, director of Public Policies at ECODES explained that "a few years ago Europe was at the tail end of the race for the supremacy of the electric vehicle. But the EU's CO2 objectives have brought together automakers and rulers to invest 60,000 million euros in electric vehicles and batteries, thus finally closing the gap with China. Success in this market is Europe's current industrial policy, and legislators should duplicate the stimulus measures, which would also promote a ecological recovery ".

7% OF ELECTRICAL
Increased investment in electric vehicles led to a booming electric car market: electric vehicles accounted for 7% of sales in the first quarter of 2020. The report calls for lawmakers to put plans into operation as soon as possible. Scrapping and purchase incentives, which should be used to drive sales of electric vehicles, especially in urban, public and private fleets, which accounted for 57% of all cars sold last year.