Plans to ban new petrol cars in the EU have been abandoned in hasty U-turn from European lawmakers

At least seven EU governments, including Germany and Italy , and several automakers have been lobbying for softer regulation.
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The multi-trillion dollar EV time bomb: The coming wave of bankrupting battery replacements

EV battery replacements cost $13,000-$22,000 for 8-10 year old electric vehicles, often exceeding the car's current market ...