CleanTechnica•10 days ago
EU 2035 Reversal: Playing for Time Won’t Make European Carmakers Great Again
Key Takeaway
The potential EU policy reversal on combustion engines introduces significant regulatory uncertainty and could slow EV adoption, impacting future electricity demand growth and decarbonization timelines for energy developers and large consumers.
AI Summary
- •European Commission proposes extending combustion engine sales beyond the 2035 phase-out, signaling a potential policy reversal.
- •This proposed extension is expected to divert investment from Electric Vehicles (EVs), potentially slowing EV adoption rates in Europe.
- •Slower EV adoption could lead to reduced growth in electricity demand projections for charging infrastructure, impacting long-term grid planning and generation capacity needs for developers and large power consumers.
- •The policy uncertainty complicates long-term investment decisions for both the automotive and energy sectors regarding electrification targets and infrastructure development.
Topics
emissionspolicy
Article Content
Extending the sales of combustion engines would divert investment from EVs while China races further ahead. Reversing the EU’s 2035 phase-out of combustion engine sales sends a confusing signal to the European car industry and consumers, T&E has said. Carmakers could continue selling cars with engines, the European Commission proposed ... [continued] The post EU 2035 Reversal: Playing for Time Won’t Make European Carmakers Great Again appeared first on CleanTechnica .