New laws will mean carmakers need to achieve a 100 per cent cut in CO2 emissions by 2035.
The European Union will effectively ban the sale of new petrol and diesel cars from 2035, following a new deal that aims to accelerate the switch to electric vehicles (EVs) and slash carbon dioxide (CO2) emissions.
Negotiators from the EU countries, the European Parliament and the European Commission have agreed carmakers must achieve a 100 per cent cut in CO2 emissions by 2035.
Such a move will make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc after that date.
The deal also includes a 55 per cent reduction in CO2 emissions for new cars sold from 2030 versus 2021 levels, reports Reuters.
New vans must comply by eliminating CO2 emissions by 2035 and achieving a 50 per cent cut by 2030 compared with 2021 levels.
Negotiators say the agreement sends a strong signal to industry and means new zero-emissions cars will become cheaper and more accessible.
They have also agreed the EU will draft a proposal on how cars that run on “CO2 neutral fuels” could be sold after 2035.