Fast Technology reported on August 26 that Ford and Volkswagen Group may face huge fines for failing to meet the EU’s 2025 carbon emission targets.
According to the report, among the large automakers entering the European market, only Geely and Tesla currently meet the standards.
A report by analyst firm Dataforce pointed out that Tesla met the standard because it only sold zero-emission pure electric vehicles, while Geely benefited from its Volvo brand, which sold a large number of pure electric vehicles.
Although Toyota Motor’s sales of pure electric vehicles in the European market are low, sales of its hybrid low-emission vehicles are high, making it the closest to the EU’s 2025 carbon emission target.
, In contrast, Ford Motor Group and Volkswagen Group have the largest gap with the EU’s 2025 carbon emission targets.
, It is reported that automakers must significantly increase sales of pure electric vehicles and hybrid vehicles to meet the EU’s 2025 carbon emission standards.
Compared with the limit of 116 grams of carbon dioxide per kilometer that will take effect in 2021, the EU stipulates that the average carbon dioxide emissions of new cars on sale in 2025 will be reduced to 93.
6 grams per kilometer.
For brands that fail to meet the target, the EU stipulates that each vehicle exceeds the standard.
A fine of 95 euros.
Dataforce said that some automakers were fined a total of 550 million euros for failing to meet the EU’s 2021 carbon dioxide emission targets.
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