The European Union will launch an investigation on January 30 on its car brands in difficulty, while the industry requires existential risk relief for CO2 emissions regulations and their involuntary consequences.
European automakers find it difficult to meet the requirements, yet Chinese brands are ready, willing and able to assemble the call of electric vehicles. This is the result of EU regulators not planning.
EU commissioners, lobbies teams and environmental organizations decide to force the industry to meet.
The president of the Ursula von der Leyen commission (if recovered from the disease) will carry out a strategic discussion about the long execution of the European automotive industry. Volkswagen, BMW, Mercedes, Stellantis and Renault and their fellow men hope that the delegates gathered will be temporarily to resolve their maximum pressing challenge and mitigate the adjustment regulations designed to force Europeans to buy electric vehicles.
Regulations harden in 2025 and continue to adjust the industry until 2035, when new sedans and SUV will not be allowed through internal combustion engines. Regulations threaten the effects of European actors. average salaries and cannot provide the complete application that ice cars can.
Chinese electric car brands are in advance with a 30% load merit and the CO2 program looks more like a loose lunch for Byd, Geely, Great Wall Motors and Saic’s Mg that threatens to undermine the profits and viability of Europeanarry
Can the Strategic Dialogue quickly suggest some changes to the CO2 regime, like stopping the huge fines for missing the timetable, or perhaps spreading them over 5 years, maybe using the money to fund EV research, or cancelling the 2035 ICE end-of-life date?
Sleep, manufacturers. The discussion will likely be a waffle party, as delegates are elegant and stance-oriented on advanced climate goals and broader goals for society.
13. 2 million Europeans are used through the industry, which represent more than 10% of all production work and generate more than 7. 5% of the EU GDP, according to the European Association of Automobile Manufacturers (known through of his acronym in French acea).
“I am concerned (the progression towards banning new ice cars until 2025) will be a crisis for the European car industry. We already see symptoms of very big problems. Last year, many vital factories closed their doors, even some with closed factories of strong, counterfeit stalls and market reputation and it was everything that has never happened in Germany for 60 years,” said Array, Federico Millo, Professor of In-House Automotive Combustion Engines at Federico Millo, Professor of In-House Automotive Combustion Engines at Politecnico di Torino.
Last year, even mighty Volkswagen, in financial trouble because its range of EVs wasn’t able to keep pace with the EU’s demands, tried to close three German factories in a radical restructuring program. In the event the closures were thwarted, but Volkswagen announced more than 35,000 job cuts and a capacity reduction of about 700,000 vehicles. Production of the Golf hatchback will move to Mexico.
“The situation is going to become more and more dramatic in terms of decline if the CO2 rules are not changed and the targets revised,” Millo said in a telephone interview.
Late last year ACEA renewed a call for relief from huge fines manufacturers face for failing to meet vehicle emissions standards.
Ola Källenius, Managing Director of the Mercedes-Benz AG Group. Källenius is now President of . . . [ ] acea. Photographer: Qilai Shen / Bloomberg
“(EU CO2 rules) wants to be a topic for verification and realignment of the truth: to make it less rigid, more flexible and for the unsettling of the car industry into a green and successful business model,” ACEA President Ola Källenius (CEO of Mercedes) said in a letter to EU leaders.
The CEO of Renault, Luca de Meo, said that the European industry that faces fines of around 15 billion euros ($ 15. 6 billion) due to the target of CO2 2025 emissions.
According to Berenberg Bank, Germany, Poland, France, Italy and the Czech Republic have asked the commission that CO2 regulations to avoid weakening an already disputed automobile sector.
These pleas across brands and EU member states have generated wonderful opposition from politicians, teams and environmentalists.
EU shipping commissioner Apostolos Tzitzikostas said the EU had to stick with the CO2 plan. Green Lobbyist Transport
“It is deeply involved that critical debates about the long implementation of one of the EU’s maximum weather regulations are motivated through such flawed arguments,” T said
Volkswagen said Thursday it will take an estimated €1.5 billion ($1.6 billion) hit to the bottom line this year for exceeding the EU’s tougher emissions target.
The United Kingdom has a similar CO2 prohibition, not easy for 80% of new car sales are electric cars up to 2030 and one hundred percent to 2035. The Labor Government plans to make 2030 the deadline at one hundred percent, while The industry is to relieve.
“The (UK) government will have to remain a company opposed to calls to lower the law and concentrate on issuing a physically powerful business strategy,” T said
Sustainable Shipping Commissioner and Apostols Tzitzikostas. (Photo through Thierryarray . . [+] Monasse / Getty Images)
The European Consumer Organisation, known by its French acronym BEUC, is adamant the rules must remain.
“Any irrigation would be bad news for consumers because it would be the affordability and availability of electric vehicles,” said Beuc Andrew Canning spokesman for Forbes.
In a letter to the weather commissioner and the net zero Wopke Hoekstra, Beuc supported the maintenance of emission relief efforts. The EU stimulates the affordable electric car market through the introduction of an electrification mandate for commercial fleets or through the extension of social rental plans.
The centre-right political grouping in the European Parliament, EPP, wants to oppose the ban on ice cream and move to an impartial technique technology, transient rescue measures to assist car brands to be penalised and help stimulate charging infrastructure.
“The car is an indispensable pillar for jobs, innovation and prosperity in Europe. The sector,” the EPP said in a statement.
According to the Wall Street Journal, the EPP is the political organization in the European Parliament composed of national law parties such as the German Christian Democrats and the Popular Party of Spain
“We ask them to return to technological neutrality as the principle of director, let’s make proposals to the consequences for the industry and propose how we can attend the industry,” said the EPP.
The Millo de Politecnico di Torino worries that any action taken now to ease the burden on the auto industry will be too late, even as the EPP seeks the EU’s call for that electric car gain. This would allow competing technologies such as hybrids, plug-in hybrids, plug-in hybrids, and fuel cells a role in the market after 2035
“These huge contractions in the market have already had a dramatic effect in terms of jobs in the EU. The announced damage has already been caused,” Millo said.
“Most brands have reduced their R