Sure, sorry to be slow in replying - busy day. So it goes further than that. It sets an expectation for industry that they will need to develop technology to ma

Sure, sorry to be slow in replying - busy day. So it goes further than that. It sets an expectation for industry that they will need to develop technology to make the 2040 deadline. If auto firm A makes the deadline and is able to sell awesome EV vehicles and auto firm B and C have only so-so, because they didn't take the law seriously, A is going to sell a lot more vehicles. So autofirms have to start considering these sorts of government regulations in their R&D budgets today. The investments made today will help determine their outcomes in 2040.