Tag: electric cars automobile economy europe china trade
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European Auto Industry to Transition to Electric Vehicles by 2035 Following EU Mandate
The European auto industry is at a pivotal juncture as it faces a 2035 deadline, mandated by EU member states and the European Parliament, to cease the sales of internal combustion engine cars in favor of electric vehicles (EVs). This transition is deemed essential to address the automotive sector’s significant contribution to the EU’s overall…