The EU is reportedly preparing to loosen electric vehicle emissions targets for the third time in two years, reducing required reductions from 90% to 80%, despite a deadly climate crisis. France and Germany have struck a deal to weaken interim targets, undermining Europe's 2035 phase-out goal and leaving automakers unprepared to compete with Chinese EV manufacturers.
Britain faces pressure to impose tariffs on Chinese electric vehicles to align with EU trade policy, as Chinese automakers have rapidly captured 28.1% of the UK car market. Chinese brands like Jaecoo are now outselling Tesla and Ford models in Britain, prompting policymakers to weigh tariffs against the risk of Chinese retaliation and potential trade barriers.