Europe Reconsiders Its 2035 Ban on Gasoline Cars
Market Intelligence Analysis
AI-PoweredThe European Union is reconsidering its 2035 ban on gasoline cars due to opposition from major carmakers and auto industry lobbies, potentially easing or postponing the ban.
Market impact analysis based on neutral sentiment with 72% confidence.
Article Context
The European Union is backtracking on its plan to prohibit the sale of new combustion-engine passenger cars after 2035, as the de facto ban came under fire from major carmakers and strong auto industry lobbies in Germany and Italy. The EU’s executive arm, the European Commission, is expected on Tuesday to push back or ease indefinitely the 2023 decision to end sales of new carbon dioxide-emitting cars and vans in 2035. The Commission will either postpone the ban by five years or soften the CO2-emitting targets indefinitely, sources…
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