November 07, 2024 09:21 GMT
EMISSIONS: Italy, Czech Push EU to Revise 2035 Combustion Car Phase-Out Plan
EMISSIONS
Italy is ramping up its push to reshape the EU's 2035 combustion engine phase-out plan, urging the bloc to explore alternatives as Europe’s auto industry faces mounting pressures from global competition, lagging demand, and looming emissions penalties, it said, cited by Bloomberg.
- Additionally, the Czech Republic is also urging the EU to consider a "broader array" of solutions beyond just battery electric and hydrogen-powered vehicles, as per a draft document viewed by Bloomberg News
- Both countries are advocating to move up a scheduled review by the EC to 2025 from 2026, aiming for a faster reassessment of the current policy.
- Europe’s auto industry is struggling to reach climate goals due to rising competition from China and declining consumer demand.
- Automakers are also concerned about potential fines—amounting to billions of euros—for 2025 emissions targets. Italy and the Czech Republic propose a short-term support package for the sector, though details remain unspecified.
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