European carmakers to accept 2035 petrol and diesel new car ban

AutoExec Summary
The peak body for Europe’s carmakers, ACEA, has decided not to oppose the European Union’s proposed ban on new petrol and diesel car sales by 2035. Despite slowing demand for EVs, the car industry will focus on producing only electric vehicles and other zero tailpipe emission cars for the continent from 2035. European manufacturers have lobbied for better financial subsidies and more investments in EV charging infrastructure to encourage new car buyers to move towards battery-powered vehicles. The UK has aligned itself with Europe’s 2035 timeline for the ban on new petrol and diesel cars.

Brands mentioned: Renault