The European Union has thrown a lifeline to car manufacturers. They’ll get more time to cut carbon emissions from new vehicles.
This comes after manufacturers complained about the tough rules. They wanted more flexibility.
In March, European Commission President Ursula von der Leyen said they’d propose a change. This would help carmakers meet the 2025 emissions targets.
The announcement followed pressure from carmakers. They were struggling with slow sales of electric vehicles.
This week, the EU Council approved the proposal. Car manufacturers will have more time to reduce emissions.
They’ll be judged on their average performance over three years – 2025 to 2027.
This replaces the old system of annual targets.
Carmakers Get Breathing Room
This change helps carmakers balance their emissions. If they exceed targets one year, they can make up for it the next.
The EU Council says this change gives manufacturers security and certainty.
It’s a big win for carmakers, who had criticized the original rules.
The EU wants to cut carbon emissions from new cars. But carmakers said the targets were too tough.
Now, they’ve got some extra time to get their houses in order.
The clock is still ticking, but the pace is a bit more relaxed.
The EU Council made the announcement on its website.
You can read the full statement here.
The change applies to new passenger cars and vans.
Carmakers will be judged on their average emissions over three years.
If they exceed targets one year, they can make up for it the next.
This is a big deal for carmakers. They’ve been struggling to meet emissions targets.
Now, they’ve got some extra time to get it right.
The EU wants to cut carbon emissions, but it’s willing to give carmakers a bit more flexibility.