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It’s Not Tesla That’s Pushing Europe in Electric-Car Race

  • Draft EU law seeks tighter auto-emission limits for 2025, 2030
  • European Commission plan offers incentives for electric autos
Bloomberg business news
Why Electric Cars Aren't Taking Over Yet
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Electric-car production in the European Union got a spur on Wednesday as EU regulators acted to close a technological gap with China by seeking stricter emission curbs on manufacturers such as Volkswagen AG and Fiat Chrysler Automobiles NV.

The European Commission, the EU’s regulatory arm, proposed a 30 percent reduction in car discharges of carbon dioxide by 2030 compared with 2021 levels, as part of a stepped-up fight against global warming. The plan, which will progressively tighten existing CO2 limits, features incentives for automakers to shift to electric vehicles.