In 2020, European carmakers will be ready for the toughest car carbon policy in the history of the European Union. More importantly, how much consumer spending is there for electric cars in Europe? First Financial Reporter randomly interviewed eight residents and experts living in Europe on this issue, with the exception of one expressed desire to buy electric cars, the remaining respondents said “no” to this idea, the reasons include: long delivery time for electric vehicles, higher cost of purchase than internal combustion engine cars, poor battery life, Charging pile installation and use is very inconvenient and so on.
“The Germans firmly believe that cars that can’t travel 700 kilometers continuously are not cars,” Markus Zimmer, an economist at the Center for Energy, Climate and Resources at the IFO Institute for Economic Research in Germany, told First Financial. We even have a special term for this: Mileage Anxiety ( Reichweitenangst). “
In the interview, the only person who expressed interest in buying electric cars was Anbei, a German lawyer. He told First Financial that if a new car is needed, he will definitely buy an electric car, because from an environmental perspective, in order to reduce carbon dioxide emissions.
There are signs that some carmakers are even starting to make a “small move” to sell electric cars because of limited consumer appetite for electric cars: delaying the delivery of electric cars in 2019 until 2020 to make the 2020 sales figures look better.
The toughest car carbon emission sequestration in history in 2020 will
The average consumption of new models must fall to a certain level under EU model standards, which only some electric cars can currently meet, Johann Wackerbauer, an economist at the Center for Energy, Climate and Resources at the IFO Institute for Economic Research in Germany, told First Financial.
In recent years, European car emissions reduction policies have accelerated in order to bring the EU’s overall emissions reduction target stake to be met by 2030.
The current plan is to reduce carbon dioxide emissions from cars in the EU by 37.5 per cent by 2030 from 2021 levels, and by 28.14 per cent by 2021 compared with actual emissions in 2012.
For the 2021 target, the EU has set a one-year buffer period for 2020, with a new car import rate of 95%. It should be noted that, in the event of a default, carmakers must pay huge fines for excess CO2 emissions.
Specifically, carmakers must reduce their average CO2 emissions to 95 grams per kilometer for each model, or they will have to pay 95 euros (about 742 yuan) for each model to emit an average of 1 gram per kilometre above the target. The fine is equivalent to an increase in excess emissions x 95 euros x the number of cars sold in the European Union, totalling billions of euros.
Under new emission standards and pressure on fines, EU car makers are expected to increase output of electric and plug-in hybrid vehicles, which are expected to sell more than 1 million vehicles across Europe by 2020, according to the environmental group Transport and Environment ( T . Sales are about four times that of 2019.
IHS Markit, a market data analytics firm, also said that the number of electric vehicles would triple by 2021 as car makers would introduce more models to the market.
“Thanks to EU regulations, car makers are finally ready to start selling more more energy-efficient electric vehicles to meet the needs of climate crises,” said Julia Poliscanova, director of Transport and Environment. This means that in the next year or two we will see more high-quality and affordable electric vehicles. “
However, the investment required for this is high risk and competition from non-European manufacturers in the electric vehicle sector is more intense than conventional cars. “I’m afraid policymakers don’t understand how hard the impact is, ” Mr Wakelbauer told First Financial. “
As mentioned earlier, there are some European carmakers that have “moved other heads”. A Spanish consumer booked a Kia-made electric car in a Barcelona showroom in April, but a few months later received a call from dealers saying it could not be delivered this year,media reported, and kia needed to start selling the car again by 2020 to meet its emissions target.
Consumers don’t buy it.
However, efforts by the European car industry to reduce emissions have been water-strapped by European consumers: figures show that European consumers still prefer high-carbon sport utility vehicles (SUVs) to electric cars.
The share of SUV sales has risen from 7% in 2006 to 36% in 2018, according to the Transportation and Environment Report. In contrast, electric vehicles will account for only 3% of all European sales in 2018, with much of the focus on countries that have provided a number of incentives. As a result, car emissions from cars across the EU have been rising since 2017.
In Germany, for example, the German automotive market research institute, the German Automotive Management Center, pointed out in a research report that Germany in the first half of 2019 in the number of electric vehicle sales for the first time in Norway, to become Europe’s largest electric car market, but if you look at the absolute number, electric vehicles still account for only 2.6% of the German auto market. A total of 48,000 new electric cars were registered in Germany between January and June and allowed to go on the road.
According to the latest figures from the German Federal Motor Vehicle Administration, the number of electric and hybrid vehicles in Germany is about 420,000 by the beginning of 2019.
Germany now plans to hit the target of 1 million electric cars by 2020 and introduce policies to fund battery research, expand charging piles and provide subsidies for electric vehicles. But experts interviewed by First Financial Said believe the goal is less optimistic.
Zemer told First Financial That the low penetration rate of the German electric car market is due to the fact that the cost of acquiring electric cars in Germany is much higher than that of the same internal combustion engine, which he estimates is about 50 percent higher.
“In Germany’s popular car category, there are very few models for electric vehicles. Mr Zemer points out that a few popular electric vehicle models have delivered for more than a year (similar internal combustion engine scars are more likely to take about three months).
“In addition, installing a fast charging station in your home requires permission from an energy supplier, as well as cumbersome bureaucratic procedures and costly residential installations and renovations.” “But what’s worse is that you need a certified senior electrician to do this, and because Germany is so scarce in these areas, it’s very expensive, and you have to keep lobbying for a long time before someone is willing to install a charging station,” he said. “
“There’s also the problem with electric cars, which is that if you continue to drive at more than 180km/h, they will perform poorly. Mr Zemer said.
“The main reason consumers are not interested in electric cars is because they are worried about limited distances, ” Johannes Russmann, an official at transport policy at the NABU, an environmental group, told First Business. Although a 200km voyage is enough for everyday needs, one would like to be theoretically free to go anywhere. Coupled with unevenly distributed charging infrastructure, electric cars are unattractive to many people. In addition, there are few electric vehicles on the secondary market and are therefore still expensive. In addition, Germany’s transition to renewable energy has been difficult, leaving the country’s energy mix dominated by fossil fuels. “
Three German residents who have a change of car needs also concluded to the first financial reporter, if the car change, intend to change a hydrogen-fueled car or hybrid car, rather than consider pure electric vehicles, in addition to its short battery life, the suitability of charging piles is also a big problem: in Germany, charging piles have different companies, In order to facilitate charging also to buy several company cards, very inconvenient.
One of the people told reporters that the road outside the neighborhood where she lived was the street where diesel cars were allowed to enter in Hamburg, Germany, and that passenger cars and trucks that did not meet Euro 6 emissionstandards were no longer able to enter her neighborhood. Still, her first choice for a future change would be to mix cars rather than consider electric cars.