Delay petrol ban beyond 2035, says Sir Jim Ratcliffe

Sir Jim Ratcliffe It has been suggested that after 2035, the sale of all petrol-powered vehicles should be banned. This is the same as the suggestion by a British industrial tycoon that demand for electric cars is dwindling or drying up. Another activity we have seen is that the big business tycoons of petrochemicals, including the Ineos billionaires, are lobbying the UK government to relax the law. The benefit of passing this law could be that vehicles that are low-emissions could be offered for promotion beyond the cut-off point after a specific project. Even this small step will go a long way in helping adopt cleaner technology. Other vehicles may be covered under this policy, such as petrol-powered electric vehicles equipped with range extenders and plug-in hybrids that rely heavily on batteries. Sir Jim’s criticism comes at a time when the government’s stance on the net has been criticized by the owners of major car companies, Ford and Vauxhall. Another development is that a business tycoon who owns a major car brand, Ineos Automotive, is going to hold a consultative meeting with the government on this issue. He is also busy preparing to launch an EV with a range extender. While expressing his thoughts to a newspaper, Sir Jim wrote that consumers are also hesitant to buy an EV car because the battery’s range may decrease, and they fear that the battery may run out somewhere and they won’t be able to charge. Also, a man who is a petrolhead and also owns the Manchester United Football Club says that such a car is fine for short and local trips, but what if you are in a place where electricity is not available? Will there be or will not be facilities for charging, like forests and mountains, etc.? When going there, what will you decide? Will you take a petrol car or an electric vehicle? “Due to such questions and reasons, the demand for electric cars is decreasing.” He further said that EV alternatives, such as hydrogen fuel cells, should be considered. At the same time, they oppose the idea that switching road transport from fossil fuels to electric is not at all like flipping a light bulb, and those who think so do not do proper research. They need to learn about this. The best solution to all these problems is an electric vehicle with a hybrid or range extender. This is not a fantasy world of politicians but it fulfills the requirements of consumers and also takes an important and positive step towards the target set towards zero emissions. Sir Jim’s ban on new petrol car sales until 2035 is considered to be the biggest challenge and the biggest criticism so far because he is not the only person who supports banning the sale of new petrol cars until 2035. At the same time, other people are also expressing their opposition to it. The passage of such laws also appeared to upset the owners of major carmakers, including Volkswagen, Ford, and Vauxhall. These companies’ owners have publicly expressed frustration over rules that require more EVs to be sold regardless of consumer demand. According to Carlos Tavares, Stellantis’s chief executive, the UK’s zero-emission vehicle is essentially the opposite of reality, as EV sales are currently declining across Europe. At the same time,  Martin Sander, general manager of Ford’s Europe, European division, has said that such a move could potentially raise the price of cars for consumers as companies sell fewer cars to comply with legislation and avoid party fines. It can be forced, but no other action should be taken. On the third day of the same week, a senior analyst at a major car industry said most manufacturers are likely to maintain that there should be no further changes to the 2035 ban, arguing that Rishi Sunak’s move to create The decision has already signaled to consumers that they need not worry too much about EVs for now. The hint comes at a time when BMW and Volkswagen have both requested the European Union not to impose extra tariffs on Chinese EVs within the same week. There is also the challenge of dealing with the expected contract of cheap tenders between Germany and France. At present, the chances of a Chinese EV attack on our continent are almost gone, and the restrictions that were there have also been blown away by the Free Trade Agreement. Oliver Zipse, Chairman of BMW Group, has expressed these views. He warned German marketers that joining the trade war would cost German industry more than the other way around. He said this because the operations of foreign car makers are increasing in China, which is considered to be BMW’s biggest market. Along with this, after some time, the brand chief executive of Thomas Schäfer “has expressed his concerns in the words that the imposition of the tariff, which Beijing has requested, will have the effect of retaliation.” His comments and views come at a time when there is an investigation within the European Union over alleged subsidies provided to Chinese manufacturers. The European capitals have almost different thoughts on the sub-studies given to manufacturers. Germany has expressed caution, and France has maintained a strict stance. But at the same time, “Mr. Zipsehas also made good remarks about the Chinese market and praised the Chinese market. And further says that we have very easy access to the China market”. Trying to do this can create a very bad situation, and this is a point towards what is called free trade. There is no need to be so afraid; we should develop self-confidence and not be so scared that the European Union is holding onto our heads. Also, according to Motor Manufacturers and Traders (SMMT), second-hand EVs have started entering the market in the last three months of 2024. According to the group’s data, the number of used EV sales has suddenly increased from 72pc to 41,500, making the electric segment reach a record market of 2.2pc. An increase was also noted in the sales of Hybrids, which increased by 50 percent to 74,505. Plug-ins increased by 44 percent to 22,065. A Transport Department spokesman said, “The government has delayed the phase-out of petrol and diesel engines until 2035 to give consumers time to decide on electric options.” In addition, the EV’s demand continues to grow as it has a range of over 300 miles. In March of this year, demand for it was already high, and sales have also seen a significant difference. We are increasing the number of charging points more than ever, keeping in mind the scarcity anxiety, which has increased by 45% this month compared to last year.