The China Mail - EU should scrap ban on new combustion-engine sales: Merz

USD -
AED 3.67295
AFN 66.503991
ALL 80.603989
AMD 366.170403
AOA 917.000367
ARS 1491.937904
AUD 1.414627
AWG 1.80125
AZN 1.70397
BAM 1.696506
BBD 2.013896
BDT 123.776354
BHD 0.377104
BIF 2987.5
BMD 1
BND 1.281271
BOB 11.884005
BRL 5.083304
BSD 0.999879
BTN 95.145572
BWP 13.496235
BYN 2.977343
BYR 19600
BZD 2.010921
CAD 1.39555
CDF 2262.50392
CHF 0.80802
CLF 0.023137
CLP 913.560396
CNY 6.747604
CNH 6.743285
COP 3157.16
CRC 454.53954
CUC 1
CUP 26.5
CVE 95.703894
CZK 20.982104
DJF 177.720393
DKK 6.46804
DOP 58.250393
DZD 132.93304
EGP 49.555853
ERN 15
ETB 160.000358
EUR 0.86495
FJD 2.20855
FKP 0.740916
GBP 0.741235
GEL 2.610391
GGP 0.740916
GHS 11.76039
GIP 0.740916
GMD 73.503851
GNF 8775.000355
GTQ 7.628986
GYD 209.187745
HKD 7.84315
HNL 26.880388
HRK 6.518804
HTG 130.738004
HUF 314.060388
IDR 17801
ILS 2.99985
IMP 0.740916
INR 95.13785
IQD 1310.5
IRR 1375550.000352
ISK 123.340386
JEP 0.740916
JMD 158.790465
JOD 0.70904
JPY 157.80604
KES 128.780385
KGS 87.450384
KHR 4052.503796
KMF 426.00035
KRW 1407.890383
KWD 0.30866
KYD 0.833247
KZT 468.616634
LAK 22582.503779
LBP 89550.000349
LKR 335.380452
LRD 181.550382
LSL 16.130381
LTL 2.95274
LVL 0.60489
LYD 6.365039
MAD 9.305039
MDL 17.387495
MGA 4310.000347
MKD 53.374161
MMK 2099.750695
MNT 3597.347644
MOP 8.079926
MRU 40.090379
MUR 47.050378
MVR 15.450378
MWK 1737.000345
MXN 17.136204
MYR 4.090104
MZN 63.905039
NAD 16.250377
NGN 1364.860377
NIO 36.795607
NOK 9.51237
NPR 152.232915
NZD 1.696641
OMR 0.382792
PAB 0.999866
PEN 3.385039
PGK 4.42225
PHP 60.705038
PKR 277.803701
PLN 3.719205
PYG 5945.498155
QAR 3.644504
RON 4.536304
RSD 102.024038
RUB 81.892834
RWF 1465
SAR 3.780227
SBD 8.065696
SCR 14.475038
SDG 600.503676
SEK 9.480804
SGD 1.278204
SLE 24.603667
SOS 600.503662
SRD 37.866504
STD 20697.981008
STN 21.375
SVC 8.749095
SZL 16.245038
THB 33.050369
TJS 9.223917
TMT 3.51
TND 2.912038
TRY 47.697504
TTD 6.777323
TWD 32.250604
TZS 2647.503038
UAH 44.783463
UGX 3724.827703
UYU 40.249652
UZS 11950.000334
VES 755.762404
VND 26204.5
VUV 119.414824
WST 2.733661
XAF 568.992228
XAG 0.015756
XAU 0.00023
XCD 2.70255
XCG 1.802071
XDR 0.708194
XOF 568.000332
XPF 103.350363
YER 238.403589
ZAR 16.14632
ZMK 9001.203584
ZMW 18.872278
ZWL 321.999592
  • CMSC

    0.0240

    21.744

    +0.11%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • RIO

    1.4500

    101.1

    +1.43%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • RELX

    0.0485

    35.52

    +0.14%

  • GSK

    0.7900

    52.96

    +1.49%

  • VOD

    0.1900

    16.19

    +1.17%

  • NGG

    0.4700

    80.88

    +0.58%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • BTI

    0.6000

    59.33

    +1.01%

  • BCC

    2.3400

    86.6

    +2.7%

  • JRI

    0.1500

    12.81

    +1.17%

  • BP

    -0.6000

    41.63

    -1.44%

  • AZN

    1.4100

    161.42

    +0.87%

EU should scrap ban on new combustion-engine sales: Merz
EU should scrap ban on new combustion-engine sales: Merz / Photo: © AFP/File

EU should scrap ban on new combustion-engine sales: Merz

German Chancellor Friedrich Merz said Monday he wants the EU to scrap its planned 2035 deadline for ending new combustion-engine vehicle sales as his country looks for ways to help its ailing car industry.

Text size:

The giants of Germany's flagship sector such as Volkswagen, BMW and Mercedes-Benz have cast doubt on the EU target as they struggle to build up competitive electric vehicle businesses against Chinese rivals like BYD.

Ahead of a meeting to be held on Thursday with representatives from the automotive sector, Merz told the ntv channel that he thought the EU ban was "wrong".

Last month, the EU pledged to fast-track a review of the 2035 target after pressure from carmakers.

"I don't want Germany to be one of the countries supporting this wrong ban," Merz said.

However, he admitted that the issue was "still being discussed" with his junior coalition partners, the centre-left Social Democrats (SPD).

The SPD environment minister, Carsten Schneider, was "not yet convinced" about the need to abandon the target, Merz said, but added that he hoped the government would come to an agreed position before Thursday's auto sector meeting.

The auto industry in Europe's biggest economy has been hammered by fierce competition in key market China, weak demand and a slower-than-expected shift to electric vehicles.

Earlier this month, sports car maker Porsche, a VW subsidiary, said it would substantially delay its electric vehicle rollout due to weak demand.

Merz pointed out that diesel engines are still needed for truck manufacturing and that it would be a "serious mistake" for Germany not to be able to conduct research in this area.

Merz also expressed hope that synthetic fuels could be developed in the coming years which would allow combustion engines to run "in an environmentally friendly manner".

"We should not ban, we should enable technologies, and that is my goal," he said.

Q.Moore--ThChM