Populist surge in European elections puts 2035 petrol car ban in doubt [Yahoo! Finance]
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Source: Yahoo! Finance
This shift in political power could potentially lead to a re-evaluation of the 2035 target for phasing out the sale of internal combustion engine cars, despite the automotive industry's ongoing transition towards electric vehicles. In 2022, after extensive negotiations, European Union member states agreed that, from January 1, 2035, only new cars with no tailpipe CO2 emissions could be sold within the bloc. This landmark decision aimed to eliminate petrol and diesel cars from showrooms, restricting sales to battery electric or hydrogen-powered vehicles. However, cancelling the 2035 deadline has become a significant objective for Europe's right-wing parties. The European car industry, a major employer and leader in traditional cars, is struggling to keep pace with Chinese companies in the electric vehicle market, particularly in the production of affordable models. The European Conservatives and Reformists (ECR) parliamentary group, which includes Italy's Brothers of Italy and S
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