The European Union (EU) has decided to ban the production and sale of new cars and vans with combustion engines as of 2035. This decision was made in order to reach the EU's climate neutrality goal by 2050. To achieve this, the EU is taking action to reduce emissions from cars as road transport accounts for one fifth of the EU’s CO2 emissions. The new CO2 standards will also require average emissions of new cars to come down by 55% by 2030, and new vans by 50% by 2030.
EU Member States and MEPs decided on October 27, 2022. This is a world first, born out of long negotiations following a European Commission proposal in July 2021, formulated at the same time as other measures to combat climate change.
Source: Energy Industry Review