The Fort Worth Press - Carmakers to push EU for 2035 combustion-engine ban rethink

USD -
AED 3.672499
AFN 66.000266
ALL 80.778943
AMD 366.25005
AOA 918.00007
ARS 1496.513997
AUD 1.420596
AWG 1.8025
AZN 1.698249
BAM 1.694243
BBD 2.013626
BDT 123.754743
BHD 0.376996
BIF 2988.071622
BMD 1
BND 1.281981
BOB 12.092258
BRL 5.108601
BSD 0.999753
BTN 95.145446
BWP 13.521485
BYN 2.960018
BYR 19600
BZD 2.010681
CAD 1.402805
CDF 2260.999588
CHF 0.81057
CLF 0.023103
CLP 912.480449
CNY 6.749509
CNH 6.748385
COP 3165.55
CRC 454.762008
CUC 1
CUP 26.5
CVE 95.518807
CZK 21.01155
DJF 178.03342
DKK 6.48206
DOP 58.256128
DZD 133.025013
EGP 49.694994
ERN 15
ETB 161.364703
EUR 0.86707
FJD 2.21295
FKP 0.742819
GBP 0.74295
GEL 2.615034
GGP 0.742819
GHS 11.751814
GIP 0.742819
GMD 73.496998
GNF 8780.470902
GTQ 7.628337
GYD 209.158083
HKD 7.844705
HNL 26.796086
HRK 6.532399
HTG 130.718954
HUF 316.080502
IDR 17901
ILS 3.007702
IMP 0.742819
INR 95.254898
IQD 1309.701703
IRR 1374800.000067
ISK 123.469731
JEP 0.742819
JMD 158.474679
JOD 0.70901
JPY 158.299704
KES 129.359593
KGS 87.450107
KHR 4056.705519
KMF 426.999942
KRW 1422.689712
KWD 0.30959
KYD 0.833171
KZT 468.495939
LAK 22589.41952
LBP 89528.70601
LKR 335.825291
LRD 180.459725
LSL 16.307022
LTL 2.95274
LVL 0.60489
LYD 6.373118
MAD 9.327951
MDL 17.39541
MGA 4298.392651
MKD 53.301108
MMK 2099.443841
MNT 3595.840223
MOP 8.078327
MRU 40.080389
MUR 46.939481
MVR 15.44974
MWK 1733.55625
MXN 17.20344
MYR 4.089799
MZN 63.909904
NAD 16.306951
NGN 1362.697181
NIO 36.790312
NOK 9.54857
NPR 152.231048
NZD 1.701795
OMR 0.384511
PAB 0.999749
PEN 3.37939
PGK 4.41709
PHP 60.704966
PKR 277.55765
PLN 3.72759
PYG 5946.889469
QAR 3.654602
RON 4.556702
RSD 101.731974
RUB 81.528891
RWF 1468.660802
SAR 3.755132
SBD 8.068348
SCR 14.493758
SDG 600.501
SEK 9.49685
SGD 1.28296
SLE 24.602353
SOS 571.386496
SRD 37.866495
STD 20697.981008
STN 21.223422
SVC 8.747553
SZL 16.293454
THB 33.080966
TJS 9.222706
TMT 3.5
TND 2.932323
TRY 47.594983
TTD 6.768972
TWD 32.253504
TZS 2654.998012
UAH 44.766628
UGX 3724.060864
UYU 40.264038
UZS 11914.620835
VES 754.21125
VND 26235
VUV 119.344278
WST 2.729216
XAF 568.230703
XAG 0.016229
XAU 0.000234
XCD 2.70255
XCG 1.801841
XDR 0.705886
XOF 568.233164
XPF 103.310868
YER 236.875004
ZAR 16.31955
ZMK 9001.201261
ZMW 19.020435
ZWL 321.999592
  • CMSC

    0.0800

    21.81

    +0.37%

  • RYCEF

    0.6000

    21

    +2.86%

  • RBGPF

    0.0000

    69.74

    0%

  • CMSD

    -0.0230

    22.017

    -0.1%

  • NGG

    -0.1600

    80.26

    -0.2%

  • GSK

    0.5900

    52.05

    +1.13%

  • RIO

    -1.6200

    99.89

    -1.62%

  • BCE

    0.8200

    22.88

    +3.58%

  • VOD

    0.6650

    15.975

    +4.16%

  • BTI

    -0.4000

    58.87

    -0.68%

  • BP

    0.8550

    42.065

    +2.03%

  • RELX

    -1.0700

    35.54

    -3.01%

  • AZN

    -1.4900

    160.01

    -0.93%

  • JRI

    0.0000

    12.67

    0%

  • BCC

    -0.2100

    84.59

    -0.25%

Carmakers to push EU for 2035 combustion-engine ban rethink
Carmakers to push EU for 2035 combustion-engine ban rethink / Photo: © AFP

Carmakers to push EU for 2035 combustion-engine ban rethink

Europe's biggest carmakers are to hold talks with EU chief Ursula von der Leyen on Friday as the industry pressures the bloc to revise plans to end combustion-engine vehicle sales by 2035.

Text size:

Suffering from fierce Chinese competition and a stuttering transition towards electric vehicles (EVs), embattled European automakers are pushing for Brussels to reconsider its ambitious climate goals.

"The regulation that is applicable to us is too rigid to produce success, and really we believe must be adapted to reality," said Sigrid de Vries, director of the European auto lobby ACEA. "We need to be more pragmatic."

Friday's meeting in Brussels is the third under an EU initiative launched in January to help a sector that employs 13 million people and accounts for about seven percent of Europe's GDP.

The first gathering resulted in a reprieve for automakers, with the European Commission allowing them more time to meet the first carbon emissions target under plans to phase out sales of new combustion-engine vehicles by 2035.

But companies are now pushing for more systemic change.

- 'Hands tied' -

In an August letter to von der Leyen, carmakers and their suppliers lamented a series of challenges including dependency on Asia for batteries, high manufacturing costs and US tariffs, which have been upped to 15 percent under a deal struck with Brussels.

Paired with an uneven distribution of charging infrastructure, they said those obstacles are holding back sales of EVs, which account for about 15 percent of new cars sold across Europe.

"We are being asked to transform with our hands tied behind our backs," Mercedes-Benz chief Ola Kaellenius and Matthias Zink, of the automotive parts supplier Schaeffler, wrote on behalf of their industries.

Describing the 2035 target as "no longer feasible", they called for incentives such as tax breaks to boost demand for EVs.

They also want more room for plug-in hybrids, highly efficient combustion-engine vehicles and other low- but not zero-emission vehicles.

That is opposed by green groups and EV sector businesses, more than 150 of which wrote a letter to von der Leyen this week urging her to "stand firm".

Road transport accounts for about 20 percent of total planet-warming emissions in Europe, and 61 percent of those come from cars' exhaust pipes, according to the EU.

Michael Lohscheller, chief executive of Swedish EV company Polestar, said the 2035 target gave "clarity to industry, direction to investors and certainty to consumers".

Weakening it "would harm Europe's ability to compete", he said.

- Europe's 'E-car' -

The range of new European EVs unveiled at the Munich auto show this week showed that the targets were working, said William Todts, director of the clean transport advocacy group T&E, who is to take part in Friday's talks.

"For the first time in 10 years, Germans can say we are as good as the Chinese, almost. And the only reason they're doing that is because of the CO2 standards," he told AFP.

"They've had to invest more than they wanted, and this has an impact on dividends and short-term profits, but it does make them more competitive," he said.

Yet in a sweeping speech on Wednesday, von der Leyen hinted that tweaks might be on the cards.

"With respect for technology neutrality, we are now preparing the 2035 review," she said, referring to carmakers' demand that not only EVs but other low-emission technologies be allowed on the market after 2035.

The German politician also announced plans for a "small affordable cars initiative" for Europe to "have its own E-car" -- but provided no detail about what that entailed.

And she repeated a pledge to make available 1.8 billion euros ($2.1 billion) to boost battery production in the bloc.

The talks come at a hard time for European producers, whose sales are being eroded by Chinese competitors such as BYD and GAC.

In Germany, the auto sector has already shed more than 50,000 jobs over the past year, according to the consulting firm EY.

Volkswagen is planning thousands of layoffs in the coming years while its subsidiaries Porsche and Audi, as well as many German auto suppliers, are also cutting jobs.

T.Gilbert--TFWP