All posts tagged: Carmakers

Airlines target EU climate rules after carmakers showed the way – POLITICO

Airlines target EU climate rules after carmakers showed the way – POLITICO

Published by Sam Flores

“I will make a bet today that what happened to the car regulation will happen to the SAF [Sustainable Aviation Fuels] regulation in Europe,” French energy giant TotalEnergies CEO Patrick Pouyanné predicted at the World Economic Forum in Davos earlier this month. Carmakers provide a model on how to get the EU to backtrack. The bloc mandated that no CO2-emitting cars could be sold from 2035, essentially killing the combustion engine and replacing it with batteries (possibly with a minor role for hydrogen). But many carmakers — allied with countries like Germany, Italy and automaking nations in Central Europe — pushed back, arguing that the 2035 mandate would destroy the car sector just as it is battling U.S. President Donald Trump’s tariffs, sluggish demand and a rising threat from Chinese competitors. “I will make a bet today that what happened to the car regulation will happen to the SAF [Sustainable Aviation Fuels] regulation in Europe,” Patrick Pouyanné said. | Ludovic Marin/ AFP via Getty Images In the end, the European Commission gave way and watered …

Chinese Carmakers Are Closing In on America

Chinese Carmakers Are Closing In on America

Published by José Betancourt

Two decades ago, a California company called Tesla Motors almost single-handedly created the electric car as we now know it. Elon Musk’s company has dominated the industry across the globe ever since. But last year, for the first time in a long time, the world’s biggest seller of EVs wasn’t Tesla. It was the Chinese auto giant BYD. The secret to BYD’s success is simple: The company makes high-tech electric and hybrid cars and sells them at incredible prices. The tiny BYD Seagull costs as little as $8,000 in China, and it’s a megahit in several countries. The Chinese car industry—not just BYD but also its many competitors that also make affordable cars—is quickly taking over the world. In Europe, Chinese models make up nearly 10 percent of new car sales, in large part because they’re typically thousands of dollars cheaper than options from homegrown Volkswagen and Renault. And in Mexico, about 20 percent of new cars are made in China. But you won’t find the Seagull or any other cheap Chinese models in the …