A study of major car manufacturers' progress in cutting CO2 emissions in the year 2007.
This report is the third T&E has published on the progress Europe’s major car manufacturers have made in reducing CO2 emissions and fuel consumption of new cars. The first report was published in October 2006, followed by a second in November 20072.
This latest report comes at a critical time. Europeans are paying record prices for petrol and diesel, post-Kyoto climate targets are under discussion, and there are increased concerns about Europe’s dependence on imported oil and gas.
EU 2035 reversal won't make carmakers great again
Extending the sales of combustion engines would divert investment from EVs while China races further ahead
Some car execs suggest a return to the combustion engine will restore Europe’s competitiveness. They couldn't be more wrong.
If the EU holds firm on the 2035 target, the European auto industry has a real chance to be competitive global EV players.