A stalled EU in the clean vehicle chase

Europe has long been the leader of the clean vehicle race, but as the field of competitors grows, it is starting to fall behind.

The European Union risks losing its climate leadership in the auto sector to aggressive US and Asian manufacturers unless it sets ambitious targets for cutting vehicle emissions in 2020 and beyond, governments and environmentalists warn.

Europe's carmakers are struggling with declining domestic sales and overcapacity in parts of the sector, leading some in the industry to argue that tough carbon goals will heap more pressure on tight profit margins.

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