Green group Transport & Environment cut sales forecasts for all-electric cars in Europe to 2027 by 2 million vehicles following the EU decision to give carmakers two extra years to comply with stricter CO2 emission limits, in an updated report published on Monday.

The European Commission revised the timeline after the European automotive industry warned that carmakers were facing huge fines for failing to meet tighter emissions standards that took effect this year.

T&E also contends that EU carmakers have increased the price premium of their electric cars after the EU’s decision , reversing cuts they had made to meet the 2025 reduced emission mandate.

Under current EU rules, all new cars sold in the bloc will have to be zero emission by 2035. Carmakers also need to respect interme

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