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Fuel makers blast EU focus on electric vehicles amid energy crisis

From euractiv.com

A planned EU ban on the sale of internal combustion engine vehicles, expected to come into force in 2035, will create economic and social risks for Europe at a time of high geopolitical uncertainty, a coalition of fuel manufacturers has told European policymakers. In a joint letter, they urge policymakers to reconsider their push for full electrification of new cars by 2035, arguing that world events necessitate a different approach. “Since the publication of the Commission’s proposal for CO2 standards in cars and vans in July 2021, the geopolitical landscape has changed dramatically, with implications for energy and ... (full story)

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  • Category: Fundamental Analysis