12 September Meeting European Commission
The objectives of the European Union to reduce the CO2 emissions of vehicles, including a 100 percent reduction for cars by 2035, are not feasible. CEO Ola Källenius of Mercedes-Benz and Matthias Zink, chairman of the board of the large German industrial supplier Schaeffler, have announced this to Ursula von der Leyen, chairman of the European Commission.
Von der Leyen will hold a meeting on 12 September with managers from the automotive industry to discuss the future of the sector. European car manufacturers have to deal with severe competition from China in the field of electric vehicles and higher American import duties.
Källenius and Zink warn von der Leyen in a letter that European manufacturers are now almost completely dependent on Asia for batteries. In addition, they are struggling with differences in the availability and quality of charging points for electric cars in Europe, and with higher production costs.
September 12th European Commission Meeting
The European Union’s Objectives to Reduce CO2 Emissions from Vehicles, Including A 100 percent Reduction for Cars by 2035, are not feasible. That is what CEO Ola Källenius of Mercedes-Benz and Matthias Zink, CEO of the Major German Industrial Supplier Schaeffler, Have Informed Ursula von der Leyen, President of the European Commission.
Von der Leyen is Holding A Meeting with Automotive Industry Executives on September 12 to discuss the Future of the Sector. European Car Manufacturers are facing fierce competition from China in the field of electric vehicles and higher american import duties.
Källenius and Zink Warn von der Leyen in a Letter That European Manufacturers Are Now Almost Entirely Dependent on Asia for Batteries. In Addition, They Are Struggling with Differences in the Availability and Quality of Charging Points for Electric Cars in Europe, and with High Production Costs.