Mercedes CEO calls for ‘reality check’, slamming EU combustion engine ban
Mercedes CEO calls for ‘reality check’, slamming EU combustion engine ban

Mercedes CEO calls for ‘reality check’, slamming EU combustion engine ban

cross-posted from: https://lemmy.zip/post/46045941
“We need a reality check. Otherwise we are heading at full speed against a wall,” Mercedes chief executive Ola Kaellenius told the Handelsblatt business daily of the 2035 goal, adding that Europe’s car market could “collapse” if it goes ahead.
Reality is that we don't have much oil here in Europe it makes no sense to use a ressource we don't have
We habe a little oil in Europe. We have absolutely no rare earth metals for batteries. Either way we have to import the stuff we need!
We do have many of them. We just have chosen not to mine them because that creates environmental and health issues and we can obtain them from elsewhere. When we mine them here, then mostly in remote places.
Cobalt: Top producer is DRC, Europe has a minor local production, mostly in Finnland Lithium: Abundant everywhere but difficult to extract, the EU doesn't produce any significant quantities right now Nickel: Only 1.5% produced in EU, again mostly in Finnland Maganese: This is the only metal relevant for current batteries where there are no (known) significant deposits in central EU, some are around the black sea, industrial production is nonexistent.
Where the EU is already more present is in the refining of the raw ores. I think the current situation is, while not great, acceptable. As long as many different producers of the rare metals are available and the EU creates reserves of them (it does), it is fine to be dependent on imports for the moment.
we have shittons of rare earth metals, but we also don't want to dig them up because of the health risks and environmental damage. we pay other people to tank that.