Relax! The end of combustion engines in 2035 will not happen
The European Parliament has revised its carbon reduction targets for new vehicles, allowing for a 12.5% margin instead of a complete ban on combustion engines by 2035. This change responds to industry concerns and consumer pushback against a rapid transition to electric vehicles. The new proposal introduces a compensation mechanism using low-carbon steel, enabling manufacturers to meet reduced emission targets while still selling some combustion engine models. Additionally, penalties for exceeding CO₂ emissions will remain but will be less severe, providing manufacturers with more flexibility. The calculations for emissions will now include multipliers for electric vehicles, effectively lowering the average emissions figures for manufacturers.
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