Automakers, Climate Groups Unite to Criticize EU’s EV Plan
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Traffic in Lisbon, Portugal.The European Union’s proposal to help Europe’s ailing auto industry by softening strict emissions rules was intended to help struggling carmakers. Yet neither the industry nor climate campaigners are celebrating.The proposals, which include dropping a pending ban on sales of vehicles with combustion engines, still leave carmakers and suppliers exposed to factors they say they can’t control. These include using green steel and renewable fuels to compensate for continued sales of limited numbers of fuel-burning cars.