By Nick Carey, Kate Abnett and Ilona Wissenbach
LONDON (Reuters) – The European Union is set to propose measures on Wednesday, as part of a broad climate package, that signal the end of petrol (gasoline) and diesel car sales within 20 years, and accelerate a switch to electric propulsion.
Many carmakers have already announced huge investments in electrification, partly in anticipation of tougher emissions targets, but want to know whether the EU will back them by building public charging stations, and how soon it wants hybrid electric/combustion vehicles to be phased out.
“By 2040, most carmakers’ models will be pretty much electrified anyway,” said Nick Parker, a managing director at consultancy AlixPartners. “The question is whether they (the EU) might try to force the journey along the way or leave it up to individual carmakers to decide that path for themselves.”
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