European automakers call for urgent policy action as EV demand falls

The European Automobile Manufacturers’ Association has called on EU institutions to provide urgent relief measures for boosting battery electric vehicle sales before new CO2 targets for cars and vans come into effect in 2025. The ACEA said in a Sept. 19 statement that the continuous downtrend in the market share of BEVs was a worrying signal to industry and policymakers….The European Automobile Manufacturers’ Association has called on EU institutions to provide urgent relief measures for boosting battery electric vehicle sales before new CO2 targets for cars and vans come into effect in 2025. The ACEA said in a Sept. 19 statement that the continuous downtrend in the market share of BEVs was a worrying signal to industry and policymakers….Read More