Slump will not stop electric car market, Opel chief says

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BERLIN: Uncertainty in Germany’s electric car market will not slow the technology in the long term, Opel CEO Florian Huettl said on Tuesday, four mont...

: Uncertainty in Germany’s electric car market will not slow the technology in the long term, Opel CEO Florian Huettl said on Tuesday, four months after the German government allowed subsidies for the sector to expire, reported dpa news.

Opel is also currently noticing a reluctance to buy, said Huettl, who restated the strategy to offer e-cars only in Europe from 2028: “We are clearly sticking to our plan, also in terms of speed. We can only make this dependent on politics to a certain extent.” About the price difference between combustion engines and electric cars, he said. “The next generation of battery-electric platforms will allow us to achieve this price parity.”

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