Automotive
EU Exempts e-fuels from Combustion Engine Cars ban by 2035

The European Union (EU) has agreed on one of its most ambitious and far-reaching elements of its Green Deal: a ban on new sales of combustion-engine cars as of 2035.
The regulation imposes a 100% reduction in CO2 emissions by the cut-off date, effectively prohibiting the purchase of new passenger cars and vans powered by fossil fuels, such as diesel and petrol, across the single market.
The deal was made official during a meeting of energy and transports ministers in Brussels, where the regulation was given the final approval.
Following a last-minute campaign by Germany, the 2035 ban will exempt vehicles that run exclusively on e-fuels, a nascent technology that combines hydrogen and carbon dioxide to produce synthetic fuels.
E-fuels are burnt in an engine and therefore release emissions into the atmosphere, but proponents argue their production process can be climate-neutral and offset the pollution. The Commission is now expected to unveil further steps on how to implement the e-fuels exemption.
-
Banking & Finance4 weeks ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, May 25
-
OER Magazines2 months ago
OER, May 2025
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance2 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions