Models far too expensive: Auto suppliers expect a slump in new car production

models too expensive
Auto suppliers expect a slump in new car production

In order to reduce CO2 emissions from road traffic, the EU intends to ban the sale of combustion engines in the near future. Around 15 million e-cars should therefore be on German roads by 2030. But the automotive suppliers Bosch and ZF doubt that this goal is realistic.

In view of the current crisis, representatives of the largest German automotive suppliers Bosch and ZF see the switch to electromobility in danger. In an interview with “Spiegel”, Sabine Jaskula, board member of ZF, spoke of a “toxic mixture of energy crisis and inflation”. She assumes that new car production in Europe will collapse in 2023.

The federal government’s stated goal of putting 15 million electric cars on the road by 2030 is “barely achievable,” said Frank Iwer, HR manager at the automotive supplier. Against this background, it is also illusory to ban the sale of petrol and diesel cars from 2035, as is currently being planned at EU level.

Bosch boss Stefan Hartung sees the prices for electric vehicles as problematic. “In the coming years, a large number of new electric models will come onto the market, but prices in the entry-level segment in particular are significantly higher than in the past,” he told the newspaper. “If the prices in the entry-level segment shift upwards permanently, there will be problems for low-income households.”

ZF’s Jaskula primarily criticizes the fact that the federal government has reduced the purchase premiums for e-cars, while France, for example, is doing the exact opposite. “The transition to e-mobility will certainly slow down,” she said.

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