“Our office is available 24 hours, 7 Days a week. Post Coronavirus, we mainly operate remotely and we are available in our office by appointment. We have several representatives available to take care of your needs however we understand the need to sometimes come into our place of business in order for you to meet with one of our Protection Specialists and discuss your concerns. We highly value the person to person relationship and are readily available to meet with you in person”.
888-995-6019 Office No Ext. 813-995-6013 x 101 Direct.
Email: info@centurioninsuranceafs.com

Europe Automakers Will Not Challenge 2035 Fossil-Fuel Car Ban, Industry Group Says *Centurion Insurance AFS*

Feb 27, 2024 (0) comment , , , , , , , , , ,


Europe’s automakers will not challenge the European Union’s decision to effectively ban fossil-fuel vehicles as of 2035 no matter who wins this year’s European parliamentary elections, the head of the continent’s auto industry group said on Monday.

Speaking at a press conference at the Geneva car show, Luca de Meo, president of the European Automobile Manufacturers Association (ACEA), said the auto industry’s responsibility “as business leaders… is not to argue against the regulation.”

“We are not contesting 2035,” said de Meo, who is also CEO of French carmaker Renault. “Now we must get down to it.”

A full fossil-fuel car ban in 2035 “is potentially feasible, but the right conditions must be put in place,” he added.

Slowing demand growth for electric vehicles has upped the pressure on Europe’s auto industry to cut costs and develop more affordable models as new Chinese rivals arrive with lower-cost models.

Automakers have argued repeatedly that more government subsidies and more ubiquitous charging infrastructure are needed to spur demand for EVs and encourage mass adoption.

(Reporting by Gilles Guillaume; writing by Nick Carey; editing by Bill Berkrot)


Was this article valuable?

Here are more articles you may enjoy.

Interested in Auto?

Get automatic alerts for this topic.


Source link

Comment (0)

Leave a Comments