E-cars will defy the energy crisis, combustion engines are counted

In times of skyrocketing electricity prices, e-cars don’t have it easy. The long-term cost advantage over combustion engines is wobbly. For VW boss Oliver Blume, that’s no reason to doubt the electric car.

VW boss: E-cars will overshadow combustion engines

Volkswagen wants to remain loyal to electric cars and not only that: Affordable models are not off the table for a long time, although the current situation means that the price of the rumored Volksstromer is repeatedly being corrected upwards. But CEO Oliver Blume wants to continue inexpensive “entry-level vehicles” develop and offer (Source: World).

The key to this lies in mass production, which should reduce manufacturing costs, as is the case with combustion engines. But not only good will is behind the support for e-cars. The tough specifications for petrol and diesel engines make it practically impossible to continue to rely on the old technology: “The Balance between electric cars and combustion engines will change in the coming years,” said Blume in an interview with journalists on the occasion of the launch of a new joint venture for charging stations in Italy.

Emissions regulations, but also possible local driving bans should ensure that Combustion engines are becoming increasingly unattractive for customers and at the same time more expensive to produce. So step by step the electric car should actually become the better and cheaper choice.

Electric cars will soon help with power supply

The are currently the skyrocketing energy prices In the way. Although they also affect combustion engines, they cause concerns among customers, especially in the case of e-cars with high electricity prices: the question of whether it will be worth buying an electric car in the future despite the higher purchase price and lower subsidies seems open.

The price race between combustion engines and e-cars has been on our minds for a long time:

Blume and his board colleague Thomas Schmall, head of technology at VW, are confident. Blume described the price increases on the energy market as a “temporary effect”. When evaluating e-cars, one should therefore rather look at medium to long-term periods. “It is very clear to us that the Electromobility the future of the Volkswagen Group is,” Blume continued.

For Schmall, Europe is “just a little off course, while the USA is accelerating”. He does not worry about sufficient energy supply. On the contrary, e-cars of the future should even contribute to the security of the power supply through bidirectional charging.