Since its inception the EU Green Deal has had a mixed reception from Europe's car industry, which faces mandatory shifts to slash CO2 emissions, phasing out internal combustion engine (ICE) cars by 2035, investing in electrification and taking up financial responsibility for end-of-life vehicles.
Impending negotiations over the 2040 climate target, proposing to reduce emissions by 90%, are pushing the sector to ramp-up production on electric vehicles amid buyer uncertainty.
