EU: European Commission President announces plans to amend 2035 ICE ban

Re-elected European Commission (EC) President Ursula von der Leyen has outlined the future of internal combustion engines (ICEs) in her political guidelines for the next European Commission term from 2024 to 2029. Earlier this month, the European People's Party, the largest political group in the new European Parliament and von der Leyen's party, issued its draft program for 2024-2029, proposing a revision of the ban on ICEs in the adopted CO2 emission standards for cars and vans regulation.

Achieving climate neutrality by 2050, as detailed in the guidelines, will need a wide range of innovative technologies in the energy and transport sectors. The 2035 climate targets provide predictability for investors