The German Finance Minister, Christian Lindnersaid Tuesday that the nation will not accept the 2035 European Union ban on internal combustion vehicles. Speaking to the industry association BDI, a German business group representing more than 100,000 companies, Lindner claimed that there would be niches for internal combustion engines and that the ban was wrong.
Other nations also oppose ICE-powered car ban
Lindner’s statement to Germany’s business leaders was likely intended to calm the nerves of Germany’s sizable auto industry and a plethora of auto suppliers. Other nations with similar industries have also rejected the EU move.
High-ranking members of the French, Czech and Italian governments have stated that they oppose an outright ban, citing possible economic damage as the deadline approaches. Germany, France and Italy are the three largest economies in the EU.
Germany’s transport minister says the ban is unreasonable
This is not the first rumor coming from Germany about the EU’s actions. The nation’s transport minister also called the ban unreasonable, saying synthetic fuels could be a possible response to the EU’s goal of reducing carbon emissions..
Concerns have also been raised from individual, German automakers. BMW said it does not plan to stop developing internal combustion engines anytime soon, and its chief executive, Oliver Zipsesaid that “demand for ICE vehicles will remain strong for many years to come.” Likewise, Italian automakers have widely opposed the mandate.
A loss of jobs that would affect the economy
The EU plan faces serious criticism from powerful voices over the ban. For your plan to come to fruition, it seems necessary to address its projected economic impacts. France’s Plateforme Automobile, the country’s largest auto lobby, estimates that 100,000 industry jobs could be lost by 2035, representing more than half of its workforce.
It also projects that $21 billion of investment in technology and infrastructure would be needed to achieve the EU’s goals. In Germany, the story is much the same, with a tenth of its 830,000 car manufacturing-related jobs potentially at risk in the next decade.
The final decision on the EU plan will come in the coming months when member countries give their verdicts.
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