WSJ: Volkswagen Hits the Net-Zero Wall
Sample quotes : Germany’s auto industry is trapped in a vise between higher energy prices that drive up the cost of production, and electric-vehicle mandates that drive down sales. Germany’s auto industry is trapped in a vise between higher energy prices that drive up the cost of production, and electric-vehicle mandates that drive down sales. Politicians are forcing the companies to sell cars that consumers don’t want.* Europe’s auto-industry travails are painful evidence that net-zero climate policy is the worst act of economic masochism in the West since the 1930s. (*) A big part of the problem is cost. I'm a fun of VW's newest minivan, the ID.BUZZ , but the all wheel drive version starts at over $69,000!