It is downright stupid to buy an electric car now. Because new EU requirements for emission standards mean that electric cars will become dramatically much cheaper next year, according to experts.
Experts predict that the price of electric cars will drop drastically next year due to new EU rules on emission standards.
– For God's sake, don't buy an electric car now. Because already next year they will be dramatically much cheaper, says Claes Hemberg to Carup .
The EU's new emissions rules, which come into force next year, are forcing car manufacturers to increase sales of electric cars to avoid significant stalls.
– For many years, the EU has discussed how we should abandon fossil fuels. They have decided that electric cars are the right way to go, and they are pushing the industry ahead of them and forcing them to change, says Claes Hemberg.
Automakers face potentially huge fines if they fail to comply with the new rules.
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– These are large sums of money. If you take only Volkswagen, it is a sum of around DKK 37 billion, says Claes Hemberg.
To avoid these stalls, the car manufacturers will increase production and lower the prices of electric cars.
– What is happening is that the car industry decides to produce cars that ordinary people can afford. Therefore, we will see a wave of new models from the giants this spring, as they must increase their share of electric cars and avoid as many stalls as possible.
This situation could result in electric cars, which were previously a luxury item, becoming available to a wider audience.
– It will pay off for the car manufacturers to lower the price. They will try to push the cars out, and we might even see electric car lotteries, just so they can get their share of the sales, says Claes Hemberg.
Volkswagen is an example of an automaker that may be forced to cut prices drastically to meet its sales targets.
Although the car industry is unhappy with the new rules, Claes Hemberg believes that they should have acted earlier.
– I would say that the car brands scored an own goal by not working on one, says Claes Hemberg.
Despite attempts by car manufacturers to get the new rules changed, the EU remains steadfast.
– But the EU Parliament will not change its mind, it would be too complicated to change such a decision. So it's just a matter of biting the sour apple.
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