The European Union has agreed to prohibit the sale of cars with internal combustion engines by 2035. On the surface, that seems like good news for clean transportation advocates — and for the Earth. But that policy relies 100% on their being enough batteries available to meet the demand that will exist for electric cars once the ban on gasoline- and diesel-powered vehicles goes into effect.
According to Reuters, Varno Antlitz, Volkswagen’s chief financial officer, was at its Automotive Europe conference last Wednesday, where he said, “It’s a challenging goal. We think it’s doable. The most challenging topic is not ramping up the car plants. The most challenging topic will be ramping up the battery supply chain.”
Volkswagen has announced previously that it intends to stop selling cars with infernal combustion engines by the target date of 2035, but some companies may…