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The "2030" deadline still allows for plug-in hybrids until 2035 which would ease things a lot, but even so the big EV players outside of china project very subs
by enragedcacti 3y ago
The "2030" deadline still allows for plug-in hybrids until 2035 which would ease things a lot, but even so the big EV players outside of china project very substantial production by 2030. Volkswagen Group is targeting 80% EV sales across Europe and 100% by 2033. the EU has a 2035 ban so redirecting some EVs toward the UK during that time wouldn't be a that big of a lift. Ford Europe has similarly aggressive targets.
You could probably quibble about how close they will be but I don't think automakers are anywhere near as worried about a 2030 Chinese takeover as you are.
I think battery raw materials and processing is a different story but even there auto mfgs have been investing heavily in battery production.