Both BMW and Stellantis warn that the EU’s, California’s, and other areas’ aggressive internal combustion engine (ICE) phaseout dates could create situations that will create serious problems, namely forcing owners of older higher-polluting vehicles to keep them on the road far longer. Despite constant advances in electric vehicle technologies, they remain and will likely continue to be more expensive than equivalent ICE vehicles. The price disparity will turn EV ownership into a privilege for the rich. Read original article here.
