In a joint interview with the Financial Times, Ola Källenius, head of European car industry body Acea and the chief executive of Mercedes-Benz, also warned that the European Commission would be making “a catastrophic mistake” if the automotive market shrank further as a result of forcing the industry to sell only EVs.
I am not sure why the market volume is supposed to shrink when only selling EVs. We have still the same amount of people in Europe, who barring any major and continued investments into public infrastructure still need the same amount of cars.
I guess the idea is that people buy new cars more often than they need to, but with EV being more expensive more people will wait longer before replacing their car. Which doesn’t seem horrible to me.