-
Kenya's economy faces climate change risks: World Bank
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Seoul extends losses as most Asian markets drop, oil rises again
-
Car maker Stellantis says back in profit in second quarter
-
Gambling.com Group Is Now Grandstand
-
Samsung quarterly operating profit up 1,800% on AI boom
-
Meet the astronomer digging into the Milky Way's 'fossils'
-
South Korean stocks bounce after rout, oil holds gains on Mideast woes
-
AI data centre supplier Zhongji InnoLight falls on Hong Kong debut
-
South Korea's women web sleuths fight AI deepfake porn
-
Samsung operating profit up 1,800% in second quarter on AI boom
-
Anything but programmable: New cost-efficient EC-power-supply-series for the DIN rail by CAMTEC PS
-
Japanese population below 120 million for first time in decades
-
Meta misses profit expectations, sticks to massive AI spending
-
US actor Jared Leto denies latest accusations of sexual assault
-
Campari - king of the spritz - hopes to conquer American heartland
-
Danube drops to 'historic lows' as fresh heatwave hits
-
Air France-KLM and Lufthansa bid for Portugal's TAP airline
-
BTS pulls out of Grammys after Asian pop category introduction
-
Profits soar at Airbus as it delivers more planes
-
OpenAI says rogue AI agent attack hit other companies
-
Rheinmetall shares surge after armsmaker reports record profit
-
How an AFP beach snap became emblem of Europe's wildfire summer
-
FIFA hit by furious backlash over plans to sell stake in competitions
-
TRX Spot and Perpetuals Listing Launches on Backpack, Expanding Access to the TRON Ecosystem
-
MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture
-
Nepal's tiger numbers climb 20 percent to estimated 429: survey
-
Spain returns wildfire evacuees as France braces for worsening weather
-
FIFA's plans to sell $4.2bn stake in its tournaments widely criticised
-
Russia seeks arrest of Telegram chief Durov
-
BMW aims to cut 8,000 jobs by end 2027: company source
-
South Korean stocks plunge as tech rout deepens, oil rises
-
On London streets, homeless wary at PM's vow to end rough sleeping
-
UBS says second-quarter net profit up 17% to $2.8 billion
-
South Korean stocks collapse amid Asian tech rout
-
Crude jumps on fresh Mideast flare-up, tech rout deepens
-
Japan coral protectors race to save reefs from heat 'bomb'
-
SK hynix posts 1,200% net profit boost on AI chip boom
-
Senate advances sweeping Russia sanctions bill
-
US government bans humanoid robots manufactured abroad
-
AI glasses help propel EssilorLuxottica sales growth
-
GSJJ Launches ESG-Certified Custom Challenge Coins and Pin Badges
-
Airbus completes record 24-hour flight with plane to be used by Qantas
-
Kering sales begin to recover as Gucci improves
-
FIFA says it hopes to sell $4.2bn stake in its tournaments
-
Spain allows wildfire evacuees to return but France fears flames spreading
-
'Not out of danger': Residents return to scorched French village
-
US Fed begins meeting with markets expecting steady interest rates
-
Synsira Launches Kind Local Pro with 100% On-Device AI
EU set to scrap 2035 combustion-engine ban in car industry boost
The EU looks set to scrap a landmark 2035 ban on new petrol and diesel cars on Tuesday, as part of a package of reforms aimed at supporting Europe's embattled auto industry.
Carmakers and their backers have lobbied hard for Brussels to relax the ban over the past year -- in the face of fierce competition from China and a slower-than-expected shift to electric vehicles (EVs).
The European Commission is expected to propose replacing it with a less ambitious 90-percent emission-reduction target, in a move critics say risks undermining the EU's green agenda and deterring investments in electrification.
"This is a critical milestone for the future of the sector. There is a lot at stake," Sigrid de Vries, the head of European auto lobby ACEA told a press conference in Brussels on Monday, referring to the expected reforms.
Set in 2023, the ban was a cornerstone of the EU's environmental Green Deal, which has come under increased pressure from businesses and right-wing politicians as the EU seeks to bolster its industry.
"There is a clear demand for more flexibility on the CO2 targets," commission spokeswoman Paula Pinho told a press conference Friday, saying Brussels was "aiming for balance".
Carmakers argue the 2035 goal to have only electric vehicles sold in Europe, and an intermediate 2030 target, are no longer realistic.
High upfront costs and the lack of adequate charging infrastructures in parts of the 27-nation bloc mean consumers have been slow to warm to EVs, producers say.
Just over 16 percent of new vehicles sold in the first nine months of 2025 run on batteries, according to ACEA.
Automakers would like to see continued sales authorised for hybrids with rechargeable batteries or those equipped with range extenders (small combustion engines which recharge the battery instead of powering the wheels).
Germany supports this option as do eastern European nations where German carmakers have set up factories.
- 'Poisoning the debate' -
Others, like Italy, want to see the use of alternative fuels such as those derived from agricultural crops and waste products allowed.
"EVs will be the dominant choice, but to make the transition work for society and industry, other options must be available too," de Vries said in a social media post.
In the other camp are France, the Nordic countries and Spain who have long called for keeping to the planned trajectory in order not to harm firms that have invested in the transition to electric vehicles.
Last week Manfred Weber, the conservative head of the EU parliament's largest group, said the 2035 ban would be discarded with carmakers required to meet a 90-percent reduction in CO2 emissions from their fleet instead.
EU sources confirmed to AFP that was likely, adding the review would probably allow for plug-in hybrids and range-extender vehicles to be sold after 2035.
This has many environmentalists worried, with a recent report indicating that plug-ins pollute almost as much as petrol cars.
But William Todts, director of the clean transport advocacy group T&E, said he hoped obtaining concessions would help the auto industry move on.
"I hope that if they get a little bit of what they want, they will stop poisoning the political debate," he told AFP, arguing heated discussions had created confusion in the sector and among consumers.
The commission is also expected to unveil additional measures to support the sector, including plans for "greening" company fleets and encouraging production of small and "affordable" EVs.
France has advocated for a "European preference" compelling manufacturers receiving public subsidies to source components from within the bloc.
Road transport accounts for about 20 percent of total planet-warming emissions in Europe, and 61 percent of those come from cars' exhaust pipes, according to the EU.
P.Kolisnyk--CPN