European Automakers Urgently Seek EU Policy Change Amid Plummeting EV Demand

Published on September 20, 2024

Plummeting electric vehicle sales and CO2 target requirements for new cars in 2025 raise the prospect of multibillion-euro fines, production cuts, and job losses, according to the European auto industry. On Thursday, the European Automobile Manufacturers Association (ACEA) urged Brussels to take action amid EU green targets. “A continuous trend of shrinking market share for battery electric cars in the EU sends an extremely worrying signal to industry and policymakers,” the ACEA said, which represents 15 major European automotive manufacturers, including BMW, Ford, Mercedes-Benz, and Volkswagen, among others. Europe’s Industrial Future Recent data from the auto industry body found that European EV sales are plummeting as companies face intense competition from Chinese manufacturers of electric vehicles (EVs)....

Continue reading on website
Other news

Ottawa U’s Special Adviser on Anti-Semitism Apologizes, Resigns After Posts Praising Pager Explosions in Lebanon

September 20, 2024
The University of Ottawa’s special adviser on anti-Semitism resigned following criticism for posts he made on social media praising a wave of deadly pager explosions in Lebanon.Thousands of pagers used by Hezbollah members in Lebanon detonated simultaneously on Sept. 17, killing twelve people and injuring thousands. The following day, a second wave of attacks killed at least 20 people and wounded

Lawsuit Alleges Harrods ‘Enabled’ Alleged Abuse by Mohamed Al Fayed

September 20, 2024
Lawyers representing the alleged victims of late Harrods owner Mohamed Al Fayed have announced a lawsuit against the luxury department store, claiming the allegations combine “some of the most horrific elements of the cases involving Jimmy Savile, Jeffrey Epstein, and Harvey Weinstein.”A press conference held on Friday in London heard from the legal team representing dozens of female former employ