European automakers are set to converge on Brussels in a high-stakes bid to secure concessions on the continent's strict 2035 carbon dioxide emissions limits. The proposed regulations, aimed at reducing the bloc's environmental footprint, have sparked concerns among the industry, with manufacturers arguing that the current targets are unachievable without significant investments in new technologies. As they meet with EU officials, the automakers will push for greater flexibility on the rules, particularly with regards to sourcing and the use of low-carbon materials. The negotiations are expected to be contentious, with the industry seeking to balance its environmental obligations with the need to remain competitive in a rapidly shifting market.
Europe’s automakers are heading to Brussels to win further flexibility on the bloc’s 2035 CO2 limits in a bid to shape provisions on local sourcing and low-carbon materials under the proposed ...