Part 3/10:
The European automotive sector is grappling with significant challenges as manufacturers plead for regulatory support from the European Union (EU). The European Automobile Manufacturers Association (ACEA) has highlighted the need for regulations that promote economic growth while addressing CO2 emissions, rather than punitive fines that could stifle innovation and investments in research and development. With electric vehicle (EV) sales lagging behind regulatory expectations, the question remains whether bureaucratic inertia will hinder the survival of European auto manufacturers.