EU pushes ahead with plan to ban new diesel, gasoline cars

An electric car being charged in Germany. The European Union is moving forward with plans to increase the number of electric vehicles on its roads.

Tomekbudujedomek | moment | Getty Images

The EU’s plan to phase out sales of new diesel and gasoline cars and vans took a major step forward this week after the European Council and the European Parliament reached a tentative agreement on the issue.

In a statement on Thursday evening, the European Parliament said EU negotiators had agreed on a deal related to the European Commission’s proposal for “zero-emissions road mobility by 2035”.

The plan seeks to reduce CO2 emissions from new vans and passenger cars by 100% from 2021 levels and will impose an effective ban on new diesel and gasoline vehicles of this type. The European Commission is the executive branch of the European Union.

Also Read :  A Reflection on the New Jersey Supreme Court’s Recent Rejection of a Per Se Ban on Lost- Profit Claims by New Businesses

Read more about electric vehicles from CNBC Pro

Parliament said the contempt or waiver could be granted to small automakers producing 10,000 new cars or 22,000 new vans by the end of 2035.

It added that “the exemption continues to those responsible for less than 1,000 new vehicle registrations per year.”

Formal approval from the European Council and the European Parliament is required before the deal can take effect.

Industry Reactions

Thursday’s news was welcomed by the Brussels-based campaign group Transport and Environment. “In the days of spewing carbon, polluting belching combustion engines are finally numbered,” said Julia Poliskanova, T&E’s senior director for vehicles and e-mobility.

Also Read :  Owner of Parlor Kitchen talks rebuilding his business, plans for the future

Others who have commented on the plans include the European Automobile Manufacturers Association. In a statement, it said it is now urging “European policymakers to shift into higher gear to deploy enabling conditions for zero-emissions mobility.”

“This extremely far-reaching decision is without precedent,” said its president, Oliver Gipsey, who is CEO of bmw, “This means the EU will now be the first and only world region to go all-electric.”

“Make no mistake, the European automobile industry is up to the challenge of providing these zero-emissions cars and vans,” he said.

“However, we are now interested to see the terms of the framework that are necessary to meet this goal as reflected in EU policies.”

Also Read :  Here are 6 strategies to recession-proof your finances at any age

“These include an abundance of renewable energy, an uninterrupted private and public charging infrastructure network, and access to raw materials.”

During an interview with CNBC earlier this month, the CEO of Carlos Tavares stellantisIt was asked about the EU’s plans to phase out sales of new ICE cars and vans by 2035. ICE vehicles are powered by a regular internal combustion engine.

“It is clear that the decision to ban pure ICE is a completely dogmatic decision,” said Tavares, speaking to CNBC’s Charlotte Reid at the Paris Motor Show.

He added that Europe’s political leaders should be “more pragmatic and less dogmatic”.

“I think there is a possibility – and need – for a more practical approach to managing the infection.”

Source

Leave a Reply

Your email address will not be published.