EU’s EV policy whiplash: Ford CEO worried about European automotive future
Ford CEO, Jim Farley has expressed his concern that the shifting EV rules and industrial policies as imposed by the European Union (EU) are highly steep and extremely stringent, leaving no room for flexibility or realistic approach for the European automakers to the market. He warns the European Commission against undermining its own automakers and jeopardising the future of the European automotive industry.
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The EV landscape of Europe is shaped by ambitious environmental goals and equally stringent directives that are being thrust upon the European market of automobiles. These range from CO2 targets to End-of-Life vehicles regulations.
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