EV’s Are Coming, Like It Or Not

With tougher CO2 emissions regulations taking effect in 2020, car manufacturers are fast pacing the EV developments and lineup to cater to a hanging consumer need.

The number of EVs on sale in Europe will increase to 24 this year from 18 last year as new vehicles such as the Audi e-tron, Tesla Model 3, Mercedes-Benz EQC, Mini EV and full-electric Volvo XC40 crossover hit the market, according to LMC Automotive data — which excludes very-low-volume niche models. The number of plug-in hybrids will nearly double to 53 this year from 27 in 2018, LMC says.

But the real jump will come in 2020, when the number of full-electric cars on sale doubles to 48 and plug-in-hybrid choice reaches almost 100, according to LMC data.

Next year battery-powered cars underpinned by Volkswagen Group’s flexible MEB electric-car platform and aimed at the mass-market will go on sale. VW brand’s Golf-sized I.D. hatchback will come first but it will soon be followed by MEB cars from the Audi, Skoda and Seat brands. They will have ranges of more than 550 km (342 miles), to ease range anxiety fears among car buyers.

It’s no coincidence that 2020 is also when the EU will start fining automakers if they miss their stricter CO2 reduction targets that are being implemented to help reduce greenhouse gas emissions blamed for contributing to climate change.

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