A new series of legislative proposals by the European Commission, leaked to the press last week, sets out plans for a series of new stricter emissions targets for coming years. The proposals would require automakers to cut the emissions of new cars sold in Europe by a third by 2020, with restrictions growing increasingly more rigid by 2025 and 2030. Adhering to these new emission regulations would all but necessitate the integration of hybrid and electric vehicles into European auto markets as the new limit, 95g CO2/km, would require a further 33% reduction from present levels. Auto industry insiders have reacted strongly to the leaked plans, arguing that the new regulations would serve to push consumer vehicle prices to prohibitive extremes, particularly at a time when the continent’s industry is already facing strong competition from Asia and diminished overall demand, as a result of economic decline.

Source: Article in the Guardian

All News Posts