According to foreign media reports, a report by Dataforce, a data analysis company, said that automakers must significantly increase sales of pure electric and hybrid vehicles in order to meet EU carbon dioxide emissions targets by 2025.
Compared with the limit of 116 grams of carbon dioxide per kilometer effective in 2021, the European Union stipulates that the average carbon dioxide emissions of a fleet of new cars on sale in 2025 will be 93.
6 grams per kilometer.
Each carmaker sets its own targets based on the average emissions of its fleet, while brands such as Mercedes-Benz and BMW, which sell large SUV, aim higher than brands that mainly sell small cars with small engines, such as Dacia or Citroen, which have lower carbon dioxide emissions.
For brands that fail to meet their targets, the European Union imposes a fine of 95 euros per gram of carbon dioxide per car.
Carmakers were fined a total of 550 million euros for failing to meet the EU’s 2021 carbon dioxide emissions target, Dataforce said.
Of the big carmakers entering the European market, only Geely and Tesla have fallen below the EU’s 2025 carbon dioxide emissions target.
Tesla easily met the target by selling only pure electric vehicles with zero emissions, while Geely benefited from its Volvo brand, which sells a large number of pure electric vehicles.
Although Toyota’s sales of pure electric vehicles are low, its sales of hybrid low-emission vehicles are high, so it is closest to the EU’s 2025 carbon dioxide emissions target.
By contrast, Dataforce said Ford and Volkswagen had the biggest gap from the EU’s 2025 carbon targets. ID.7. Photo Source: Volkswagen Group, earlier this year, Volkswagen Group CEO Oliver Blume said that the European Union should adjust its carbon dioxide reduction targets due to the slowdown in sales of zero-emission pure electric vehicles.
He also said Volkswagen could form an emission pool with a more efficient carmaker to reduce emissions from its fleet.
However, on August 21, the European Automotive News checked European Commission records and found that no major new cooperation agreement had been reached by car companies on the EU’s 2025 carbon dioxide emissions target.
Oliver Zipse, CEO of BMW Group, and Luca de Meo, CEO of Renault Group, also called for a review of carbon reduction targets in an open letter to EU regulators.
Increasing the sales of pure electric vehicles will be the fastest way for carmakers to meet the standards, but the EU electric vehicle market has cooled sharply this year, mainly because incentives for electric vehicles in major EU markets, especially in Germany, have been reduced or cancelled.
consumers are reluctant to pay higher prices for electric vehicles.
The market share of pure electric vehicles in Europe fell to 13.
3% in the first half of this year, down from 13.
8% in the same period last year, Dataforce said in a report on Aug. 21. Against this backdrop, automakers have also been increasing sales of all-hybrid vehicles and continuing to promote plug-in hybrids to meet EU carbon dioxide emissions targets for 2025.
Although plug-in hybrids are seen as a costly transition technology, they still account for most of the market share this year.
Overall sales in Europe rose 4.
3 per cent in the first half of this year (an increase of 234000 vehicles), with half of the new sales coming from all-hybrid vehicles, according to Dataforce.
“Pure electric vehicles and plug-in hybrids offer the greatest potential for emission reduction, but subsidy cuts prevent them from moving to the mass market,” Dataforce said in the report.
An analysis conducted in April by Transport & Environment, an European environmental advocacy group, found that carmakers need to increase their market share of electric vehicles to 24% based on last year’s car sales mix.
an increase in hybrid sales could reduce the market share of electric vehicles to about 18%.
To meet the EU’s 2025 carbon dioxide emissions target, carmakers without all-hybrid vehicles in their portfolios will need to sell 37 per cent of all-electric and plug-in hybrid vehicles, while 55 per cent of all-hybrid vehicles in the portfolio can reduce the proportion of pure electric and plug-in sales to 23 per cent, Dataforce said.
In order to meet the EU carbon dioxide emissions target by 2025, in addition to adjusting the powertrain system of the product portfolio (for example, removing high-emission vehicles from the market), carmakers can also reduce the production cost of electric vehicles by adopting affordable lithium iron phosphate (LFP) battery technology and expanding production scale.
Benjamin Kibies, an analyst at Dataforce, said in a report that the reduction in the cost of electric vehicles will affect the cost of internal combustion vehicles.
“car buyers must be prepared for higher gasoline and diesel prices, and with the introduction of new models, electric vehicles will become more affordable.
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