Matthew Lynn Matthew Lynn

Is the EU sacrificing net zero to protect its electric car industry?

Ursula von der Leyen (Credit: Getty images)

They are too expensive. There are not enough of them on the market. It’s too much hassle to charge them. There are lots of reasons why people are still reluctant to switch from petrol to electric cars, with their cost right at the very top of the list.

Still, with the world about to be flooded with cheap Chinese electric vehicles (EVs), that is about to change.

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Matthew Lynn
Written by
Matthew Lynn
Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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