French President Emmanuel Macron will meet with executives and union representatives from the auto sector on Monday to debate the inexperienced transition, ahead of the publication of a sweeping climate-policy bundle by the European Union.

The meeting will revolve spherical “what’s at stake for the sector,” Macron’s office talked about on Saturday.

The European Charge is about to counsel all new automobiles provided from 2035 must have zero emissions as part of an unprecedented plan to align its financial system with further formidable native climate targets.

The overhaul might be part of a swath of measures to be unveiled subsequent week to enact a stricter 2030 goal of slicing greenhouse gases by at least 55 p.c from 1990 ranges.

Ahead of the announcement, French representatives inside the automobile sector will ask Macron for further state assist to rearrange for the phase-out of combustion engines and higher investments into low-emission automobiles. They’ve warned the transition will embody job cuts and offers China, which has pushed to make further electrical cars, a leg up.

The model new vehicle emission targets will characterize an enormous tightening in distinction with current fleet-wide emissions targets, which require a 37.5 p.c low cost from 2030 for automobiles. Passenger automobiles account for about 12 p.c of complete EU CO2 emissions.

Whereas the transition is particularly expensive for French carmakers, which have historically invested in diesel engines, many producers have devoted to a change to low-emission cars.

Stellantis, the auto giant normal by the use of the merger of Fiat Chrysler and PSA Group, plans to spend 30 billion euros ($36 billion) to ship completely electrical cars the place demand, state assist and regulatory stress is highest.

France plans to ban the sale of high-emission cars from 2040. Paris plans to ban diesel automobiles from 2024.