EU emissions reprieve for carmakers may slow EV shift

March 5, 2025

, By The Economic Times

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PARIS: The European Commission‘s proposal to ease emission targets would enable struggling automakers to keep profits flowing from fossil fuel models but could potentially stall Europe’s shift to electric vehicles and climate progress.

European car companies, already beset by Chinese competition, had been warning that they would struggle to meet the ambitious 2025 carbon dioxide (CO2) reduction target, which exposed the sector to hefty fines.

The European Union‘s executive arm proposed on Monday to give automakers three years to meet the target, a…

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EU emissions reprieve for carmakers may slow EV shift

March 5, 2025

, Published By The Economic Times

PARIS: The European Commission‘s proposal to ease emission targets would enable struggling automakers to keep profits flowing from fossil fuel models but could potentially stall Europe’s shift to electric vehicles and climate progress.

European car companies, already beset by Chinese competition, had been warning that they would struggle to meet the ambitious 2025 carbon dioxide (CO2) reduction target, which exposed the sector to hefty fines.

The European Union‘s executive arm proposed on Monday to give automakers three years to meet the target, a…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Google co-founder Sergey Brin asks employees to work at least 60 hours a week from office

Next News

Is ChatGPT the new couples’ therapist? Discover how AI is redefining modern relationships

The Economic Times

More like this

Popular

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