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0 0.000731528895391482 0 0.000365764447695741 0.000731528895391482 0 -0.0120336503291879 -0.0124359912216533
Stock impact report

EU set to dilute 2035 combustion-engine phase-out [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
The automotive package, which aims to “support the sector's efforts in the transition to clean mobility”, requires approval from EU governments and the European Parliament. According to the Commission, the watered-down proposal “sets an ambitious yet pragmatic policy framework to ensure 2050 climate neutrality and strategic independence while providing more flexibility to manufacturers. It also responds to calls by EU industry to simplify rules”. “Today's package maintains a strong market signal for zero-emission vehicles (ZEV) while giving the industry more flexibility to achieve CO targets, and supports vehicles and batteries made in the European Union,” the executive arm of the bloc added. Under the proposal, the target for new cars and vans would shift to a 90% reduction in CO emissions from 2021 levels by 2035, replacing the current requirement for all new vehicles to be zero-emission from that date. Manufacturers would be able to offset residual emissions through measur Show less Read more
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