EU
European carmakers reported to be seeking 2-year delay on EV production targets
The European Automobile Manufacturers' Association (ACEA) is reportedly preparing to urge the European Union to delay its 2025 electric vehicle (EV) production and emissions targets by two years.
Manufacturer News
16 Sep
Carmakers facing €15bn in fines over 2025 emissions targets, warns Renault CEO
Renault Group CEO Luca de Meo has warned that Europe’s car manufacturing industry could be fined up to €15 billion ($17.4 billion) due to slowing demand for electric vehicles (EVs), which threatens the sector's ability to meet stricter EU carbon emissions targets.
Manufacturer News
10 Sep