Electric car transition in jeopardy amid 'constant uncertainty' despite £173billion investment

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Electric car transition in jeopardy amid 'constant uncertainty' despite £173billion investment.

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Experts have urged governments to stick to electric vehicles and other net zero policies after spending almost €200billion (£173billion) on transition efforts.New data shows that the European Union has already committed almost €200billion (£173billion) to electric vehicles, batteries and charging infrastructure.It comes as politicians call for electric vehicle targets to be watered down, as seen by the recent policy change across the European Union.In December last year, the EU axed its previous target to ban the sale of new petrol and diesel vehicles by 2035, opting for a softer approach instead.

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TRENDING Stories Videos Your Say Under the new rules, from 2035 onwards, carmakers will need to comply with a 90 per cent tailpipe emissions reduction target, with the remaining 10 per cent being compensated through e-fuels and biofuels.The EU said this would allow for plug-in hybrids, range extenders, mild hybrids, and internal combustion engine vehicles to "still play a role beyond 2035",...

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