EU is considering reversing the ban on new sale of thermal engine vehicles from 2035.
European Commission's suggestion to allow sale of hybrid and electric vehicles equipped with gasoline range extenders post 2035 challenges goals of European green pact.
The emission reduction would decrease from 100% to 90% compared to 2021.
These concessions are seen as a significant retreat in the European bloc's environmental policy over the past five years.
Automotive industry's difficulties are largely due to their own strategic decisions, not EU's imposition.
Delaying the shift to electric vehicles may benefit Chinese industry that is continuously enhancing its technology and marketing.
Betting on plug-in hybrids is of limited interest for protecting the European auto industry.
Conclusion: EU needs to speed up and not delay the shift to electric vehicles. Allowing more electric vehicles will help the European industry move out of its slump.