European Electric Vehicle Sector Calls on EU to Maintain CO2 Emission Targets Timetable
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 07 2025
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Source: Yahoo Finance
Industry Support for Emission Targets: Over 150 leaders from Europe's electric car industry, including Volvo and Polestar, urged the EU to maintain its 2035 zero-emission target for cars and vans, warning that delays could harm the EV market and investor confidence.
Concerns Over Competitiveness: Executives emphasized that weakening targets would not only negatively impact climate goals but also diminish Europe's competitive edge against global rivals, particularly from China, as they prepare for discussions with EU Commission President Ursula von der Leyen.
Analyst Views on PSNY
About PSNY
POLESTAR AUTOMOTIVE HOLDING UK PLC (Polestar) is a Swedish-based electric vehicle manufacturer. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
