Even though all electric vehicles will be available by 2035, there will still need to be combustion. However, this is only for those who have 268,000 euros or 193,000 euro. These are the prices for the Lamborghini Huracan and Ferrari 488 GTB Spider, which can both be registered by European authorities on January 1, 2035. It is true that classes exist in the automotive world, just like in life.
Although there are still months to go, European dealers must keep their combustion cars in the garage until December 31, 2034. The Transport and Environment NGO celebrated the conclusion of the agreement between the 27 Environment Ministers of the States of the Union to reduce automobile CO2 emissions by 100% starting in 2035. This means that vehicles with gasoline and diesel engines will be ‘de facto’ banned from the market unless they are Ferrari, Lamborghini, McLaren or Rolls-Royce.
It is true that every agreement contains hidden clauses or small print. It is amendment 121, also known as the ‘Ferrari Amendment’ and adopted by Italian MEPs at the European Parliament’s beginning of June. This is a grace measure that grants luxury brands that produce less than 10,000 vehicles per year a twelve-month moratorium. This means that gasoline vehicles will still be available for sale by Ferrari, Lamborghini and Aston Martin until December 31, 2035. This exemption cannot be applied at the moment to the brand that gave its name to exception. Ferrari sold more than 11,000 units last year.
This prerogative is also available to those firms that produce very few vehicles and have super limited editions. A European citizen can register a Bugatti Chiron starting January 1, 2036 for 2.5 million Euros.
This exception is made to protect emblematic mechanics, such as the V12 engine from Italy. It is almost a national treasure. According to its defenders, it is almost inconspicuous from an environmental perspective due to the low total vehicle emissions.
Due to its high price and limited production, it is difficult to spot luxury vehicles on the road. The total number of cars sold in Europe was 10 million. This is the combined sales volume of large luxury companies (Ferrari Lamborghini, Aston Martin, Lamborghini, Rolls-Royce) and the 30,000 vehicles that were registered over the last year.
