In a trilogue meeting today, European Institutions proposed a one-year delay to the 95g target, so that 95% of new car sales will have to comply with the target in 2020 and 100% in 2021. Additionally, carmakers will be able to use 7.5g of supercredits for selling electric cars from 2020-22. This Friday, the deal must be confirmed in a meeting of Europe´s Member States.
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Commenting on the revised deal, Greg Archer said: “It is disgraceful that the heavy-handed lobbying of Germany has paid off in weakening the 95g target by a further 5g to please its carmakers. Still, this revised deal will provide much needed regulatory certainty and ensure cars continue to reduce their CO2 emissions and improve fuel efficiency. Time has run out and Council must now sign this off without further amendment or delay.”
But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs.
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.
In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South ri...