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Stellantis CEO sounds alarm over lack of raw materials for EVs

Carlos Tavares, CEO of automaker Stellantis, has as soon as once more warned of severe points with the transition to electrical automobiles (EVs).

Having beforehand expressed considerations over the environmental footprint of battery production and the “social problems” a lack of inexpensive new EVs will trigger, the outspoken CEO has now warned of the lack of raw materials for batteries.

Speaking at Stellantis’ Freedom of Mobility Forum, Mr Tavares stated that “the affordability isn’t there as a result of the raw materials are scarce and really costly, and I’d add that they’re very unstable”.

He additionally famous that the focus of mining the lithium wanted to interchange the 1.3 billion present combustion-powered automobiles could create geopolitical points.

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Camera IconOpel Mokka-e Credit: CarExpert
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Despite the challenges, Mr Tavares expressed confidence that Stellantis would be capable to meet its targets set in its 2030 technique, which goals for 100 per cent of its gross sales in Europe and 50 per cent within the United States to be all-electric by the tip of the last decade.

The automotive large sells electrical automobiles throughout greater than half of its manufacturers, with its remaining manufacturers to get their first EVs over the following few years.

Mr Tavares additionally addressed the excessive prices of electrical automobiles in an try and reply the discussion board’s overarching query: “In a decarbonized world, will freedom of mobility be inexpensive to a cheerful few solely?”

Rather than passing the upper prices onto customers who’re at the moment paying on common 40 per cent extra for an EV than a combustion engine car, Mr Tavares mentioned the necessity for the automotive trade and lawmakers to soak up these prices.

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Automakers are frequently pushing for denser charging infrastructure with fast-charging capabilities to make EV possession extra sensible and possible for the lots.

In Australia, there are round 2400 public charging stations operated by a number of firms resembling Chargefox, Evie, Ampol, BP, and Tesla, though the areas stay pretty restricted and due to this fact vary nervousness stays a priority.

Additionally, there have been value will increase at some of these charging stations, with the most important public charging community, Chargefox, just lately rising costs at choose areas by over 12 per cent.

Mr Tavares was additionally adamant that lawmakers must be utilizing technology-neutral laws as the muse for a carbon-neutral future as it will promote innovation within the trade.

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Camera IconCitroen e-C4 X Credit: CarExpert

“Our societies are dropping rather a lot of nice potential by not having technology-neutral rules. This is an enormous, large loss of creativity of scientific energy that we’re deciding upfront by imposing one single know-how as a substitute of having a technology-neutral regulation that may create wholesome competitors,” stated Mr Tavares.

Brands together with BMW nonetheless imagine hydrogen fuel-cell electric vehicles could possibly be a scalable different to BEVs, whereas Porsche’s e-fuel plan consists of producing 100 million litres of eFuel a yr beginning in mid-2026 at vegetation in Australia, Chile, and the US.

Thanks to Germany’s holdout towards the European Union’s 2035 ban on the sale of new combustion engine automobiles, the EU has agreed to allow an exemption for automobiles working on carbon-neutral e-fuels.

While this small concession could enable automakers to utilise e-fuels in combustion engines, the EU has determined to champion battery-electric automobiles because the know-how that can make the EU automotive trade carbon-neutral by 2050.

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