September 16, 2024 08:32 GMT
EMISSIONS: Stellantis Urges EU To Keep Existing Emissions Targets
EMISSIONS
Car manufacturer Stellantis is urging the EU to not delay the bloc’s emissions targets for the automobile sector, CEO Carlos Tavares said, in a move against the latest push from Europe’s car lobby to delay the targets by two years.
- Tavares argued that the rules have been known for a long time and the sector had sufficient time to prepare. Instead, he calls for continued government subsidies for consumers for EVs according to Bloomberg.
- Last week, the European car industry lobby (ACEA) urged the EU in a letter to implement emergency regulations to postpone its 2025 emissions targets for automakers by two years.
- EU rules capping fleet emissions at 95 grams of CO2/km could force automakers to stop producing 2mn cars or face fines up to €13 billion.
- Additionally, the EU is planning to phase out the sale of new combustion engines by 2035, with a review of the target in 2026.
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