European politics rev up: EPP challenges green car targets
The European People's Party (EPP) is set to intensify its campaign to weaken emission targets and ease the ban on the sale of combustion vehicles. This move aims to save the European automotive industry, which faces a serious crisis.
According to "Reuters," the European People's Party is preparing a project to assist the declining automotive sector in Europe. If implemented, this plan would represent a significant shift, opposing regulations promoted in recent years.
"Reuters" reports that the EPP wants the plan to revoke the sale of new combustion vehicles after 2035, allowing the continued distribution of vehicles powered by biofuels and other alternative fuels.
According to the EPP, the legislation should also support plug-in hybrids, an eco-friendly alternative to traditional combustion vehicles. Additionally, the EPP aims to mitigate penalties for manufacturers who exceed permissible CO2 limits. The regulations, which are set to take effect in 2025, could cost the industry up to 22 billion CAD.
Considering the weakening demand for electric vehicles and increasing competition from China, the EPP intends to request a revision of the ban to help preserve the European industry. The chances of success appear considerable.
The European People's Party is the largest political force in the current European Parliament and has 27 representatives in the European Commission, with its most notable member being the chair, Ursula von der Leyen.