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ACEA Is Asking For The Postponement Of New Regulations On CO2 Emissions
The Association of European Automobile Manufacturers (ACEA) is asking the European Commission to delay new and tougher CO2 emission regulations set for 2025. From next year, all manufacturers will have to produce cars that emit a maximum of 95 grams of CO2 per kilometre.
Most European car manufacturers are not ready to meet these new targets, which could lead to very large fines, which are measured in billions of euros or could even lead to a reduction in car production by a few million units.
Now ACEA, the association representing European car manufacturers, is asking the European Commission to delay the new emissions targets. In the lobby group’s proposal, ACEA wants the new regulations on CO2 emissions to be postponed until 2027.
According to the new rules on these emissions, from next year all manufacturers will have to produce cars whose emission does not exceed 95 grams of CO2 per kilometer. Currently, the CO2 emission limit is set at 106.6 g/km.
ACEA claims that new new and tougher regulations will force manufacturers to stop or reduce production of around two million cars or pay fines of up to 13 billion euros for passenger cars and three billion euros for light commercial vehicles.
“The EU is in a crisis caused by low consumer demand for electric vehicles and unfair competition from electric vehicle manufacturers from Asian countries, which means that the EU industry will not be able to meet these reduction targets,” ACEA said in an official statement.
The Association adds that “EU industry will have no choice but to significantly reduce production, which threatens millions of jobs in the Union, harms consumers and negatively affects competitiveness and economic security.”
