Carmakers must fund scrapping under new eu rules

The European Commission introduced new regulations on Thursday requiring automotive manufacturers to fund the disposal and recycling of vehicles at the end of their lifecycle. These rules aim to recover valuable materials like steel and aluminium while restricting the export of non-functional used cars outside the European Union. By implementing these measures, the EU seeks to reduce its dependence on foreign raw materials, mitigate environmental damage, and support a more circular industrial model.