EU Eases its 2035 EV Mandate as Major Hurdles Slow Progress

via Investor Brand Network

The European Commission has proposed softening regulations requiring all new vehicles sold by 2035 to produce zero emissions. The Tuesday policy adjustment is in response to sustained pressure from major manufacturing nations and automotive companies that are currently facing economic headwinds

For North American companies like Rivian Automotive Inc. (NASDAQ: RIVN) looking to increase their share of the EU market, the changes in…

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EU Eases its 2035 EV Mandate as Major Hurdles Slow Progress | MarketMinute