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The Commission will revise the CO2 standards for cars and vans by June 2021
IRIS Regulatory News
The Commission will revise the CO2 standards for cars and vans by June 2021
By 2030 EU aims to have 30 million EVs on the road
The European Commission seeks to have at least 30 million electric vehicles on the region’s roads by the end of the decade under a plan that would require the auto industry to massively accelerate its transformation.
The goal is ambitious considering some 1.4 million EVs are being driven in Europe now. But it is forecasting there will be 28 million plug-in hybrid and battery-electric vehicles on the road by 2028.
The proposals for the transport industry come amid a brewing spat between European Union members over a plan to toughen its 2030 emissions-reduction target to at least 55% by the end of the next decade from 1990 levels.
Raising the ambition from the existing goal of 40% would need an additional 350 billion euros ($424 billion) per year for investment in energy production and infrastructure.
These is a key element of the European Green Deal. Whose last objective is to put the EU on a balanced pathway to reaching climate neutrality by 2050.
The Commission will revise the CO2 standards for cars and vans by June 2021, and for heavy duty vehicles in 2022, it said, calling for a policy “to stimulate demand for zero-emission vehicles.”
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