The EU made official its deal to cut CO2 emissions from new cars by 37.5% by 2030, which should force automakers to sell more electric vehicles in Europe. While the goal is aggressive and unprecedented for such a large market like Europe, it’s actually a compromise over a compromise. As we reported earlier this year, the European Parliament was pushing for its own target of 40% by 2030, but Germany, where a large part of the European auto industry is located, lobbied for no more than 30% reduction in emissions from new cars.…
Read MoreEU Announces Deal To Cut Emissions From New Cars By 37.5%, Giving A Boost To Electric Cars | Electrek
