Kia keeps to its EV goals. New Jersey is asking for EV buyers to pay $1,000. And the CEO of global automaker Stellantis seemingly denies that EVs are a greener choice yet. This and more, here at DriftBreath Reports.
Kia on Friday detailed plans for its shift toward EVs and electrified powertrains through the decade, and it hasn’t budged in its target of 1.6 million Kia EV sales annually by 2030. But it does now see about 800,000 annual hybrid, plug-in hybrid, and fuel-cell sales by then—making electrified vehicles 58% of its mix in 2030.
With a bill signed into law last week, New Jersey is marking up EV ownership with an additional $1,000 upfront fee that applies on top of other existing registration fees. While it effectively replaces the role of the gas tax for EVs in funding road maintenance, it could amount to a disincentive toward the state’s adoption of California’s EV mandate and its goel to hit 50% EV sales by 2027 and 100% by 2035.
And Stellantis CEO Carlos Tavares last week claimed that EVs need a “breakthrough” in battery-cell energy density before they make sense from an environmental standpoint versus combustion vehicles—partly because of all the extra weight and raw materials. That stands in stark contrast to the overwhelming majority of academic papers and calculations from everyone ranging from environmental organizations to automakers, suggesting that EVs in their present state of tech pay off quickly in CO2 and overall environmental impact.
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