The EU have only stepped back due to their masters in Germany and supported by Italy, refused to sign the agreement for 2035, typical when it effects them. The compromise is the so called synthetic fuel, which will cost more than current synthetic fuels, is just a stop gap to allow Germany and even more so Stellantis, to catch up in battery development.
these cones a tine when the sales into Europe pale to sales in other worldwide markets in terms of volume, with the USA removing the small volume exemption so that all manufacturers have to go electric.
Ford have given up on saloon cars in the USA, becoming a truck and suv supplier, leaving saloons to Hyundai and Kia