The EU Has Officially Dropped The 2035 Gas Car Ban
Briefly

The EU Has Officially Dropped The 2035 Gas Car Ban
"The European Union has dropped its controversial gas car ban that was supposed to go into effect in 2035. Automakers now need to lower their fleet emissions by 90% in 2035 compared to 2021 levels, not 100%. This leaves the door open for traditional combustion cars, mild hybrids, full hybrids and plug-in hybrids. E-fuels and biofuels are also a big part of the discussion."
"Instead, a slightly watered-down version was announced yesterday by the European Commission, the EU's main executive body, alongside a pledge to offer nearly $1.8 billion (1.5 billion) in interest-free loans to boost EU-made battery cells. Under the new rules, carmakers selling new passenger vehicles in the EU will have to comply with a 90% reduction in tailpipe emissions compared to 2021 levels, whereas the original proposal imposed a 100% reduction, which effectively banned combustion-powered cars."
"The remaining 10% of emissions will need to be compensated for by using EU-made low-carbon steel in the vehicles' construction process or by using sustainable fuels like e-fuels and biofuels. At first glance, it's a major concession made by the EU's executive body after intense lobbying from automakers, but in reality, companies will still have to put a lot of effort into selling as many zero-emissions vehicles as possible a decade from now."
The EU removed the outright 2035 gas car ban and set a 90% fleet tailpipe emissions reduction target versus 2021, instead of 100%. The European Commission coupled the rule change with about $1.8 billion in interest-free loans to support EU-made battery cells. Automakers can cover the remaining 10% of emissions through use of EU-made low-carbon steel or sustainable fuels such as e-fuels and biofuels. Achieving the 90% target will require broad deployment of zero-emission vehicles, plug-in hybrids, full hybrids, and other electrified powertrains across manufacturer fleets by 2035.
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