Emissions

The European Union will aim to have at least 30 million zero-emission vehicles on its roads by 2030, as it seeks to steer countries away from fossil fuel-based transport, according to a draft document seen by Reuters. In a strategy due to be published next week, the European Commission will lay out measures to tackle the quarter of EU greenhouse gas emissions that come from the transport sector. "The EU's goal of climate neutrality by 2050 cannot be reached without introducing very ambitious m

Nissan said Friday that it will no longer support the Trump administration in its legal fight to end California's ability to set its own auto-pollution and gas-mileage standards. The announcement is another sign that a coalition of automakers backing the outgoing administration could fall apart. General Motors ended its support for the Trump administration's battle with California on emissions standards last week.

Car manufacturers will need to meet tight emissions limits for their activities to be classed as a sustainable investment under proposed European Union rules, which the auto industry said could undermine investment in the sector's green transition. Under green finance rules that kick in at the end of 2021, the EU will define which investments can be marketed as "sustainable" based on criteria that they make a "substantial contribution" to tackling or adapting to climate change. The EU aims to

Mercedes owner Daimler is committed to Formula One but is working to slash costs and cut the environmental impact of motor racing, Chief Executive Ola Kaellenius on Wednesday. "We have as little reason to step out of Formula One as Bayern Munich has to step out of football," he said during a virtual roundtable discussion with journalists on Wednesday. The carmaker is developing a plan to make the sport emissions neutral, including through the use of synthetic fuels, and wants to improve the co