Mexican Media Brands
Study: Diesel Sales in EU Could Sag to 5% by 2030
Demand for diesels within the European Union, which slid from 52% of the market in 2015 to 45% last year, could shrink to only 5% by 2030, according to management consultants AlixPartners LLP.
#labor
Share
Demand for diesels within the European Union, which slid from 52% of the market in 2015 to 45% last year, could shrink to only 5% by 2030, according to management consultants AlixPartners LLP.
The Southfield, Mich.-based firm’s analysis says the slide in diesels leaves electric and hybrid power sources the industry’s “only answer” to meet tightening emission limits.
EU rules require an average reduction in carbon dioxide emission of nearly 5% through 2021. But the study notes that last year overall CO2 emissions in the EU rose slightly. One reason is the accelerating decline in diesel sales, the report says.
Diesels emit less CO2 than do gasoline engines. But taming their output of harmful soot and nitrogen oxides is making them an increasingly expensive solution.
AlixPartners notes that public interest in diesels has been hurt by the nearly 3-year-old Volkswagen diesel emission cheating scandal. Efforts by cities to ban diesels, coupled with rising taxes on such vehicles, also continue to erode sales.
RELATED CONTENT
-
GM Seeks to Avert U.S. Plant Shutdowns Linked to Supplier Bankruptcy
General Motors Co. says it hopes to claim equipment and inventory from a bankrupt interior trim supplier to avoid being forced to idle all 19 of its U.S. assembly plants.
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
On Zeekr, the Price of EVs, and Lighting Design
About Zeekr, failure, the price of EVs, lighting design, and the exceedingly attractive Karma
