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 and Fiat Chrysler Automobiles.
The European Commission, the EU’s regulatory arm, proposed a 30 per cent 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.
“There’s a component of trying to facilitate the development of a powerful