Electric cars production in Europe is set to stall after it emerged that there were no sufficient batteries to supply the demand adequately. Not related to this matter is that car manufacturers in Europe are set to overshoot carbon emissions in their fleet and hence subject to severe fines. Audi is one of those profoundly affected where it has reached to the extents of slowing down the production of these cars. 1-Tron electric SUV is one of the makes that this german car manufacturer has stopped producing due to the absence of sufficient parts.
Jaguar is another giant struck by this issue where they have even stalled the production of their I-Pace SUV siting absence of electric batteries to support their electronic makes. Audi is one of the companies that has been highly affected, slowing its annual manufacturer capacity from 5700 to 4100. Lg Chem manufacturers is the leading supplier of these parts, and its inability to supply these parts has led to the decline in the production of electric cars for these two companies.
German manufacturer Mercedez Benz is another company that has been adversely affected by the supply of these vehicles tremendously. They have seen an acute shortage, which has led to their cutting by half the production of their electric model EQC SUV down to 30000 this year. Despite Mercedez denying that the issue is one that needs attention, it is clear that the insufficient battery supply has caused this lowering of production.
The insufficient supply of electric batteries for European manufacturers has greatly been attributed to the problem of coronavirus a most of its suppliers are from the far east, including China. Having a challenge from the source of these batteries, which gives them 80%, is due to lead to their insufficient production levels.europe has decided to start its production of these units as they try to overcome such problems in the future. This decision has been made in their effort to eliminate such an issue in the future.
Volkswagen is set to be one of the primary producers of these units making up a significant supply in the coming five years. The production of these EV batteries by Volkswagen will be in collaboration with norhvolt, a Swedish manufacturer of these batteries. It is estimated that they will have picked pace to enable their production of batteries sufficient batteries to service around 250000 every year. However, this move will not be on time to save European manufacturers of electric cars who are already suffering from the unexpected reduction of supply. Due to these, many manufacturers are on the verge of increasing their emissions, with Toyota being a lead company.