German EV consortium designed to adhere to upcoming EU rules
The success of EV adoption is in part thanks to the European Union, which is now setting its regulatory sights on electric vehicle production itself. A new, proposed bill would force EV makers to disclose their carbon footprint starting in 2024.
BMW and its partners in the new consortium are developing the tracking system to meet the new regulations.
Germany is turning into a major EV producer
Mercedes-Benz and Volkswagen both have aggressive goals for shifting their subbrands from internal combustion to battery power. By 2030, Mercedes hopes to completely transition into an electric car producer.
Prices for German-made EVs remain high
A lot has been done to try to lower the entry point for electric car ownership of the last few years. But all the other economic woes circling the globe right now have kept prices for EVs high. Models from BMW, Mercedes, and Volkswagen are no exception.
That said, you can lower your premiums significantly by shopping for car insurance with Jerry. A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and can even help you cancel your old policy.