MEPs battle over green tech cars as EU automotive industry faces Chinese EV competition

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

🗞️ Driving the news: The European Parliament debated the growing competition from Chinese electric vehicles (EVs) while MEPs clashed over the EU's Green Deal to phase out petrol and diesel cars by 2035
• Some MEPs argued that Europe's auto industry is unprepared for the EV transition due to infrastructure gaps

🔭 The context: The EU's auto sector faces increasing pressure as China leads in EV technology with cheaper and more advanced products
• European manufacturers are struggling with high energy and raw material costs, alongside upcoming 2025 emission targets that could result in heavy fines

🌍 Why it matters for the planet: Europe's shift to green mobility is crucial for reducing CO2 emissions, but debates over the best technology to achieve decarbonization could delay progress and hinder global climate efforts

⏭️ What's next: The EU will need to expand EV charging infrastructure and continue addressing Chinese competition, while navigating internal divisions on green tech and potential policy revisions

💬 One quote: “Europe cannot afford to fall behind and lose its competitive edge in this race,” - Valdis Dombrovskis, EU economy commissioner

📈 One stat: In 2023, 10.7 million cars were sold across the EU, Norway, and Iceland, with an average of 106.6g CO2 emissions per kilometer

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