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You are probably right, I don't see any movement in car stocks at all. Seems like nobody thinks this matters.
by username90 6y ago
You are probably right, I don't see any movement in car stocks at all. Seems like nobody thinks this matters.
- rsynnott 6y agoOver the last few years, a number of mostly European countries have passed regulations to ban new petrol/diesel cars by 2030-2040, with some cities to ban then as early as 2025. So from the industry's point of view, this is more of the same, and not unexpected. It would arguably be weird if the markets moved much; this sort of thing should be priced in.
- username90 6y ago> Over the last few years, a number of mostly European countries have passed regulations to ban new petrol/diesel cars by 2030-2040 They haven't, EU countries cannot do that since it is against EU law. Instead there have been several proposals for phasing out fossil fuel cars that are still discussed, but nothing is decided. That is how politics and regulations are usually done.