Reuters offers insight on how once ‘green’ plug-in hybrid cars suddenly look like dinosaurs in Europe

Reuters offered insight on how plug-in hybrid cars, which were the go-to technology for the climate-conscious driver, turns out not to be good for the environment, and they could be phased out by carmakers in the face of tougher European rules. EU policy plans for plug-in hybrid vehicles (PHEVs), which contain an electric battery and a combustion engine, could mean the “transition” technology has a shorter lifespan than envisaged. Draft green finance regulations would ban manufacturers from labeling them as “sustainable investments” beyond 2025, potentially deterring investors. Meanwhile planned rules on emissions of pollutants like nitrogen oxides could increase the cost of producing these cars leading automakers told Reuters.

Article Tags
Topics of Interest: AutomotiveEnvironment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Europe / Middle East / Africa
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
Sign up for email updates

Sign up for email updates