The European Parliament has formally approved the landmark legislation that will ban the sale of new petrol and diesel cars by 2035 in the European Union (EU).
This, according to EU lawmakers, is to speed up the uptake of electric vehicles (EVs) and to help combat climate change. Meanwhile for European fleet operators and managers, this has solidified the idea that the future of mobility is EVs.
“This regulation encourages the production of zero- and low-emission vehicles. It contains an ambitious revision of the targets for 2030 and a zero-emission target for 2035, which is crucial to reach climate neutrality by 2050,” said Dutch Member of the European Parliament (MEB) Jan Huitema.
Under the new law, carmakers are expected to comply with a 100% CO2 cut by 2035 compared to 2021. With this law, auto manufacturers will no longer be able to sell fossil fuel-powered vehicles in the 27 countries of the EU.
The new law also seeks to assess and report on the CO2 emissions throughout the full life-cycle of cars and vans sold. The gap between published and real-world energy consumption data is also expected to be monitored by December 2026.
“These targets create clarity for the car industry and stimulate innovation and investments for car manufacturers,” said Mr. Huitema.
The law is expected to be rubber stamped by the EU Council by March 2023.
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