German car firms have been hit by recent emission fraud scandals
Carmakers’ troubles shake Germany’s national psyche
— Ranjan Balakumaran (@financialeyes) August 2, 2017
and the appearance of the electric car:
Tesla reveals Model 3 cost in its first attempt at affordable car https://t.co/d4BLcSv1kO via @FT
— Ranjan Balakumaran (@financialeyes) August 2, 2017
But where are these new cars going to get their electricity?
How are we going to power 9million electric cars, asks ALEX BRUMMER https://t.co/YYdN74ybjZ via @MailOnline
— Ranjan Balakumaran (@financialeyes) August 2, 2017
Britain’s relying on China and France to deliver the Hinkley Point Nuclear power station as no British firm has put itself forward.
[contentcards url=”https://www.theguardian.com/business/2017/aug/01/british-gas-hikes-electricity-prices-centrica-energy-bills”]
And UK gas prices are going up despite global oil and gas prices being extremely low.
So seeing as Chancellor Merkel has banned the generation of Nuclear power following Fukushima,
[contentcards url=”https://www.bloomberg.com/news/articles/2017-06-07/merkel-nuclear-tax-blunder-returns-to-haunt-her-in-election-year”]
Germans could soon find themselves in decarbonised driverless Teslas that run on fossil fuel and French nuclear generated power.