COP27: France, Spain latest to pledge halt to gasoline-driven vehicle sales

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COP27: France, Spain latest to pledge halt to gasoline-driven vehicle sales
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France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to accelerate the transition to a low-carbon economy.

The countries made their pledges at the COP27 climate talks in Egypt's Sharm el-Sheikh, among a group of new signatories to the Zero Emission Vehicles Declaration , launched at last year's conference in Glasgow. [nL1N2S11J6]

Among a number of new corporate signatories were fleet owners Delta Electronic, Coca-Cola EUROPACIFC Partners and parts maker ValeoThe total number of signatories to the pledge now stands at 214, from 130 a year earlier. Going forward, the ZEVD would be overseen by a new group, the Accelerating to Zero Coalition, that aims to help signatories implement their commitment.

Data released by BloombergNEF showed 2022 would be a record year for sales of zero-emission vehicles with electric vehicles comprising 13.2% of all sales in the first half of the year.

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