Sixt CEO warns of EU electric quota and higher rental car prices

The EU Commission plans to speed up the electrification of corporate fleets, which Sixt's CEO warns could raise rental car prices. Konstantin Sixt stated that higher vehicle costs would be passed on to customers. He described the draft as an example of well-intentioned policy sliding into a planned economy.

In Düsseldorf, Sixt CEO Konstantin Sixt has warned against the EU Commission's plans. The quota for low-emission or emission-free vehicles in German corporate fleets is set to reach up to 83 percent by 2030 and 95 percent by 2035.

Sixt told Handelsblatt: "If vehicle costs rise, we would have to pass that on." He highlighted implementation issues, rising costs, and growing dependence on China, which dominates battery production.

The industry leader noted experiences that reduced the electric share in Sixt's fleet: "We had to realize that our customers did not want to follow the transformation pace." Sixt views the EU draft as a "backdoor ban on combustion engines" and an example of "how well-intentioned policy can slide into a planned economy."

The announcement has drawn industry criticism for aiming to electrify fleets while posing practical challenges.

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Swedish PM Ulf Kristersson shakes hands at EU summit, securing bottleneck fees for national electricity grid expansion.
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Kristersson secures Swedish bottleneck fees at EU summit

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Prime Minister Ulf Kristersson has received guarantees at the EU summit in Brussels that Swedish bottleneck fees will only fund expansion of the Swedish electricity grid. The funds will not be used for European projects. Meanwhile, the EU emissions trading system is defended against calls for changes.

Leopoldo Satrústegui, president of Hyundai Spain, has called the ‘made in Europe’ requirement in the new Auto+ electric vehicle subsidy plan a mistake. He argues subsidies should be equal for all models and criticizes the price and battery criteria. He also announces the launch of premium brand Genesis in the Spanish market this year.

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Sepp Müller, deputy leader of the Union parliamentary group, deems comprehensive subsidies against high fuel prices unrealistic. Eastern German CDU state premiers demand suspension of the CO₂ tax. Care associations warn of impacts on rural patient care.

Germany's SPD is pushing for a national excess profits tax on mineral oil companies to fund a fuel discount, even without EU agreement. The move has reignited tensions with coalition partner CDU. Finance Minister Lars Klingbeil plans to address energy taxes on Friday.

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FIA single-seater director Nikolas Tombazis has called for cost reductions in the next Formula 1 engine formula to lessen the sport's dependence on automotive manufacturers. Speaking ahead of the Miami Grand Prix, he echoed F1 CEO Stefano Domenicali, stressing the need to protect F1 from shifting market priorities. Tombazis highlighted changes in the political landscape since the 2026 regulations were set.

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