Welcome to the Daily 5 report for Tuesday, Dec. 16.
Automotive News Europe's Peter Sigal reports that the European Union has eased a 2035 zero-emission target to allow some internal combustion cars to be sold after that date, throwing automakers a lifeline as doubts about cost, range and charging infrastructure kept European buyers from embracing electric vehicles.
Internal combustion engines would have been effectively banned under the current plan; the new proposal reduces tailpipe CO2 emissions by 90 percent versus 2021. The remaining 10 percent of emissions will have to be offset by sustainable biofuels or e-fuels and low-carbon green steel made in Europe.
A variety of drivetrains, including plug-in hybrids, extended-range electric vehicles, mild hybrids and internal combustion engines can still play a role beyond 2035, the European Commission said Dec. 16.
The commission will present the detailed automotive omnibus plan with the provisions outlined Dec. 16 to the European Parliament and Council next year.
"We hope an agreement can be struck as quickly as possible to guarantee stability," said Stephane Sejourne, commission executive vice president.
That's all for now. Have a great rest of your day. If you want to view this story on your browser, click here.
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