EU waters down plans to end new petrol and diesel car sales by 2035

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illuminem summarises for you the essential news of the day. Read the full piece on BBC or enjoy below:

🗞️ Driving the news: The European Commission has revised its plan to ban the sale of new petrol and diesel cars by 2035
• Now, 90% of new cars sold from 2035 must be zero-emission, instead of the previously proposed 100%
• The decision follows heavy lobbying by carmakers, particularly in Germany, citing insufficient demand for electric vehicles

🔭 The context: The 10% allowance for petrol, diesel, and hybrid vehicles is a compromise to avoid penalties for car manufacturers
• The Commission also encourages the use of low-carbon steel and biofuels to help offset emissions from traditional vehicles
• Green groups warn this move risks slowing the transition to electric vehicles, leaving the EU vulnerable to foreign competition

🌍 Why it matters for the planet: Slower transition to electric vehicles could delay climate goals
• Critics argue the decision could undermine Europe's long-term competitiveness in the green car market
• The shift risks reducing urgency around adopting cleaner technologies, impacting overall climate efforts

⏭️ What’s next: The proposal will affect carmakers’ strategies, potentially influencing global EV production and investment
• Stakeholders, especially in the UK, are calling for consistent and ambitious policies to maintain momentum in green transportation

💬 One quote: "Weakening long-term commitments for short-term gain risks undermining Europe's competitiveness for years to come," said Volvo

📈 One stat: 10% of new cars sold in the EU could still rely on conventional combustion engines by 2035, under the revised rules

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