Carmakers welcome proposed EU delay on emissions reduction targets
Automakers had been increasingly worried about the upcoming requirement to reduce vehicle emissions by 15%.
The European Commission has responded to “clear demand for more flexibility on CO2 targets” by proposing a two-year delay on its CO2 Standards Regulation – a decision that has been welcomed by European carmakers.
Part of a raft of reforms aimed at improving the competitiveness of European manufacturing, the Strategic Dialogue on the Future of the European Automotive Industry aims to provide more financial support for the electric vehicle transition while relaxing the rules on CO2 emissions reduction.
