WKHS - EU proposes end to the internal combustion engine in 2035

Scharfsinn86/iStock via Getty Images Seeking Alpha reported on the discussions several weeks back, but the European Commission has now proposed a date to call time on the internal combustion engine. Sales of new cars and vans that produce CO2, including plug-in hybrids, would be banned as of 2035, meaning "almost 100%" of vehicles on the road would be emissions-free by 2050. While the decision would force the EV revolution upon European automakers, some are already planning moves of their own. Last month, Volkswagen (VWAGY) paved its way toward an EV future by pledging to halt sales of ICE vehicles in Europe by 2035, while Ford (F) has said it will only sell EVs in Europe by 2030. Volvo (GELYF) is retiring the ICE engine and hybrids by the same year and Honda (HMC) announced plans to phase out gas-powered cars by 2040. Meanwhile, Stellantis (STLA) is no longer planning to

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EU proposes end to the internal combustion engine in 2035