German Chancellor Opposes EU 2035 EV Deadline
Automakers Volkswagen, BMW, Mercedes-Benz oppose EU target due to Chinese rival BYD.
Porsche delays EV rollout due to weak demand.
SPD environment minister remains unconvinced about abandoning 2035 target.
Coalition proposes extending electric car tax exemptions.
Finance Minister Klingbeil announces draft law.
EU pledges to review 2035 target after pressure from carmakers.
Merz urges EU Commission President to consider synthetic fuels.
German auto industry impacted by energy transition, needs job security.
4 weeks ago