Car Manufacturers Urge EU to Avoid Mandatory EV Targets

Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Torsdagar

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Major car manufacturers and European rental companies urge EU not to impose mandatory electric vehicle purchase targets for corporate fleets, citing high costs and lack of infrastructure. EU prepares new proposals to give auto industry flexibility in meeting carbon emission goals, potentially easing the ban on new internal combustion engine car sales by 2035. Signatories warn of damaging effects of mandatory targets, suggesting incentives and infrastructure investment for successful electric vehicle adoption. Climate Group supports mandated target, highlighting commitments from over one hundred twenty companies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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