At the end of 2021, there were roughly 5.6 million plug-in electric passenger automobiles as well as light commercial vehicles operating in Europe. Of them, 2.9 million were fully electric passenger vehicles, 2.5 million were plug-in hybrids, and 220,000 were light commercial all-electric automobiles. Supercars are at the bottom of the grid as a result of the EU’s push for electric vehicles, which presents a hurdle.
Owners of petrolhead supercars who enjoy the V8 rumble and the smell of exhaust fumes are now being warned to be ready for a cleaner, smoother ride that will soon be required by law. The EU approved a draft law that would have prohibited the sale of new gasoline and diesel vehicles by the year 2035, despite Italy’s request for a “Ferrari exception” to enable its supercar sector to continue producing gasoline-powered vehicles.
The EU’s “Fit for 55” plan, which aims to decrease greenhouse gas emissions by around 55 percent by 2030, was approved after 16 hours of contentious deliberations in Luxembourg by environment ministers from the 27 countries.
With a similar prohibition on hybrids coming into effect five years later, the United Kingdom government has already announced intentions to outlaw the sale of new gasoline and diesel vehicles starting in 2030.
While the majority of the automotive sector has long been making preparations for the extensive adoption of electric vehicles, many manufacturers of supercars, which are high-performance sports vehicles with price tags between £100,000 and more than £1m, have neglected to make investments in the battery technology required to power them and argue that consumers prefer petrol-powered sports cars.
According to data from automotive researcher Jato, 4.2 million electric vehicles were sold globally last year, an increase of 198 percent from 2019 and 108% from 2020. The 22,000 supercars and luxury GTs (grand tourers) sold in 2017 were not all-electric, though.
Greenpeace’s Benjamin Stephan hailed the news that a deal had finally been reached in Luxembourg, but lamented the fact that it was “far too late and won’t be sufficient to keep the 1.5C goal alive.”
“Banning new oil-burning automobiles is the correct thing to do,” he added, “but a 2035 phase-out is far too late to contain global warming to 1.5 degrees Celsius and keeps us trapped into oil dependency, which funds wars and affects people’s finances at the pump. Europe must decarbonize transportation immediately, but ministers squandered a great chance.”
Italy made several attempts to postpone the phase-out in order to find legal loopholes that would allow it to continue producing gasoline-powered supercars for the ultra-wealthy.
The country of Ferrari, Lamborghini, and Maserati, as well as other supercar manufacturers, Italy, had advocated for an opt-out, arguing that the emissions from these vehicles are extremely low due to their usage relative to standard vehicles. More effort should be spent on investing in battery technology, said Italy and other nations.