Automakers

Europe's EV push nearly faltered over fringe fuels that are years away

Fuel pump dripping
Synthetic diesel currently costs about four to seven times the price of traditional diesel to produce in the European wholesale market. (REUTERS)
B
By:
Bloomberg
April 06, 2023 02:09 PM

It sounds inconceivable that Europe’s plan to usher in the age of electric vehicles almost went awry because of a prohibitively expensive technology that is virtually unavailable, but that is exactly what happened.

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