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The Italian government led by Prime Minister Giorgia Meloni balances between Globalism and its conservative roots.
However, on occasion, the Italians take a distinct stance, as appears to be the case now.
Italy has called for a review of the European Union’s 2035 petrol car ban, fearing it could lead to the industry’s “collapse.”
This comes as the electric vehicle (EV) trend seems to wane, with buyers increasingly rejecting EVs “en masse.”
Telegraph reported:
“Ministers from Giorgia Meloni’s government claimed the ‘absurd’ policy was ideologically driven and required change to reflect the realities of the market. There has been growing unease across the Continent about a slowdown in demand for electric vehicles (EVs).”
Besides this trend, there’s widespread concern that Europe’s car industry may lag behind manufacturers in China and the US.
Just last week, industry leader Volkswagen warned it might close factories in Germany for the first time.
The car giant suffers from high energy prices.
This has led many to call for “a rethink” of EU “green” climate goals, which resulted in a ban on internal combustion engine cars by 2035.
Gilberto Pichetto Fratin, the Italian energy minister, told Bloomberg: “The ban must be changed.”
Adolfo Urso, the industry minister, added: “In an uncertain landscape, which is affecting the German automotive industry, clarity is needed to not let the European industry collapse. Europe needs a pragmatic vision, the ideological vision has failed. We need to acknowledge that.”
Urso has called for the conversion targets to be reviewed early by the European Commission.
Italy states it is not opposed to EVs but argues that the “transition to clean energy” should also involve other technologies.
Meanwhile, Volkswagen – Germany’s largest industrial employer and Europe’s top carmaker by revenue – has been impacted by rising power prices after losing cheap Russian gas due to the invasion of Ukraine. The company has also struggled with its push into electric cars.
Sales of EVs stalled in the first half of the year, and the company delayed the US launch of its latest electric sedans indefinitely.
This all occurs amid a worsening outlook for Germany’s economy, with its manufacturing sector suffering significantly.