U.S. Military Bill Seeks to End Dependence on China for Display Technology by 2030 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform 
Over 150 executives from Europe’s electric vehicle (EV) industry, including Volvo Cars and Polestar, have signed a letter urging the European Union to maintain its 2035 zero-emission target for cars and vans. The signatories warn that delaying the goal would stall Europe’s EV market, weaken investor confidence, and hand a competitive edge to global rivals.
The appeal follows an earlier letter in August from the European automobile manufacturers’ and suppliers’ associations, signed by Mercedes-Benz CEO Ola Kaellenius, claiming that a 100% reduction by 2035 was no longer realistic. This divide highlights growing tension within the auto industry as EU leaders prepare to discuss the sector’s future on September 12 with European Commission President Ursula von der Leyen.
Industry leaders stress that weakening the targets now would damage Europe’s credibility and competitiveness. Polestar CEO Michael Lohscheller warned that shifting commitments would harm both climate goals and Europe’s ability to lead in EV innovation. Fastned CEO Michiel Langzaal emphasized that billions invested in charging infrastructure and EV software depend on the certainty of the 2035 deadline, ensuring long-term returns and growth.
The EU’s climate commitment is also under pressure from rising Chinese competition and U.S. tariffs, making policy stability crucial. A new report by Transport & Environment (T&E) revealed that all European carmakers except Mercedes-Benz are on track to meet CO₂ regulations for 2025–2027. To avoid penalties, Mercedes may need to pool emissions compliance with Volvo and Polestar.
The call from EV leaders reinforces the urgency of consistent policy to secure Europe’s clean mobility transition. Weakening the 2035 target, they argue, risks undermining climate progress, deterring investors, and conceding leadership in the global EV race.
