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Franco-German Car Deal A ‘Historic Mistake’ That Weakens Climate Ambition And Europe’s Car Industry
Deal to loosen the EU’s car CO₂ standards and IAA requirements a ‘historic mistake’ that puts Europe’s position in the global EV and battery race in jeopardy.
Summary
Deal to loosen the EU’s car CO₂ standards and IAA requirements a ‘historic mistake’ that puts Europe’s position in the global EV and battery race in jeopardy. T&E has labelled the French and German government’s agreement to weaken the EU’s car CO₂ standards and IAA requirements as a ‘historic mistake’. The agreement to allow cars assembled in the EU but built with Chinese batteries to be labeled as Made-in-EU jeopardises the entire European battery supply chain, warns T&E.
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