February 03, 2025 17:07 GMT
EMISSIONS: E-Mobility Europe Urges EU To Maintain 2025 Auto CO2 Targets
EMISSIONS
E-Mobility Europe is urging the EU to stick to its 2025 CO2 emission targets for automakers, emphasising that the rules could drive a significant rise in EV sales, the European industry group said, cited by Reuters.
- Additionally, the group urges government incentives to boost EV adoption, warning that waiving fines for missed targets could hinder the transition to cleaner transportation.
- Research from New Automotive indicates that the 2025 rules could boost EU EV sales by nearly 65% this year, compared to a 33% increase without them.
- EVs accounted for 13.6% of new car sales in Europe in 2024, while EU's 2025 target requires over 20% of automakers' sales to be fully electric.
- Europe's auto industry risks €15bn in fines, with calls to waive them.
- Several companies are mulling the decision to pool CO2 credits to avoid fines, MNI previously reported.
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