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Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
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China easily reigns in the segment, but European countries’ adoption rates are growing. The U.S., probably due to market size, has the second biggest EV fleet.
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Auto industry trade group says European Union far behind on having enough to meet C02-reduction plans.
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It says their cybersecurity obligations don't justify blocking car servicers from accessing car data.
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Automaker announces all new models launched there will be EVs by 2030.
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Move would defend against cheaper Chinese electric-vehicle imports that benefit from state subsidies.
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Toyota maintains operations in Europe will be carbon neutral by 2040, at Toyota Motor Europe’s annual Kenshiki presentation in Brussels.
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Cites geopolitical, local-competition issues.
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Now continent’s most valuable carmaker after blockbuster IPO.
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