The EU executive appears to have yielded to the call from carmakers to be allowed to keep selling plug-in hybrids and range extenders with CO2-neutral biofuel or synthetic fuel

the electric vehicle industry says this will undermine investment and result in the EU yielding even more ground to China in the shift to EVs

  • truthfultemporarily@feddit.org
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    7 days ago

    What I really don’t get is: why even lobby for this? There is no benefit to anyone. EVs are just better. They will take over.

    • Diplomjodler@lemmy.world
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      7 days ago

      A CEO is judged almost exclusively on short term performance. That then pervades throughout the organisation. If the CEO were to take a truly long term perspective, short term profits would suffer and he’d get kicked out. This just recently happened to the CEO of Volkswagen.