The European Auto Manufacturers Association (ACEA) has urged the legislators of the European Union to take immediate action in order to assist the auto industry, which is now suffering from a number of issues due to the Korona virus, a lack of supplies, among other things.
Although there is a slight decline on the surface, Autonewseurpe reports that expectations for this year predict a decrease in European car sales by 1% from 2021 to 9.6 million units, which represents a 26% decline from pre-Corona sales levels and poses a serious concern for automakers. These factors include the effects of Britain’s exit from the European Union, the shortage of semiconductors, and the energy crisis brought on by the conflict in Ukraine.
In order to address some of the show’s issues, the European League anticipated that sales would climb in 2022. However, as rising inflation and economic fears have grown, the league now anticipates that revenues would continue to decline throughout the ensuing period.
In a press statement, Oliver Zipse, the President of the European League and CEO of BMW at the same time, made the following statement: “We urgently need to put the conditions of work in its appropriate place to ensure a return to growth with a greater share of electric car sales In order to achieve the desired climatic goals.
Regarding Zebesa, there is a need for more adaptability in European supply chains, and the Creiticalrao ‘law of the European Union, which ensures strategic access to the raw materials required for electronic transport, emphasises the hastened deployment of infrastructure for charging electric vehicles across Europe.
By streamlining procedures and facilitating access to important recycling initiatives as well as mining, refining, and processing endeavours, the law requested by the European League would lessen the situation.
Ursula von der Line, President of the European Commission, recently stated that safe access to strategic raw materials, such as lithium and rare dust, which are still required to produce electric vehicles, represents an ongoing problem in Europe and poses a serious threat to the union’s ambition to become the first continent to be climate neutral.
Official declarations that the European Union will prevent the demise of the auto industry
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