Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban
The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. Next year, the policy will tighten ahead of the full ban of gas and diesel cars in 2035, leaving automakers to pay steep fines if they fall short.
In 2025, the EU will require a 25% reduction of fleet emissions from new passenger cars sold in Europe, compared to 2021…