Ford, Volvo, Call For EU Petrol Car Sales Ban From 2035
May 17 2022 - 7:42AM
Dow Jones News
By Maitane Sardon
A coalition of companies, including the European subsidiary of
Ford Motor Co. and Sweden's Volvo AB, is calling on the EU to ban
the sale of new petrol and diesel vehicles from 2035 and establish
mandatory charging infrastructure targets.
The group, which includes companies from sectors such as energy,
transport and consumer goods, sent a letter to MEPs and Ministers
on Tuesday asking them to support the rules proposed by the
European Commission, the EU's executive arm, to set 2035 as the
deadline for phasing out the sale of new combustion engine cars and
vans in Europe.
"Over a dozen car brands have voluntarily pledged to only sell
electric cars in Europe in the next decade; we need European
decision-makers to... ensure laggards don't delay the market
shift," the companies said in the letter, which was organized by
non-profit Transport & Environment.
The measures will determine whether Europe is on track to meet
its net-zero emissions goal by midcentury and fulfill its
obligations under the Paris Agreement on climate change, they
said.
The signatories, which also include Spain's Iberdrola SA and
Sweden's Vattenfall Group, also urged the EU to establish mandatory
targets on public charging points for electric vehicles.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
May 17, 2022 07:27 ET (11:27 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Ford Motor (NYSE:F)
Historical Stock Chart
From Oct 2024 to Nov 2024
Ford Motor (NYSE:F)
Historical Stock Chart
From Nov 2023 to Nov 2024