The European auto sector has reaffirmed its dedication to advancing the shift to zero-emission transportation and reaching the EU’s 2050 climate neutrality targets. But as the 2025 deadline draws near, manufacturers are finding it more and more difficult to reach CO2 reduction goals, especially as a result of weak demand for battery electric vehicles (BEVs) and a worsening economic environment.
The European Automobile Manufacturers’ Association (ACEA) is urging EU member states to put aside their disagreements and give top priority to a crucial measure that will alleviate the burden on manufacturers: lowering the compliance costs for reaching 2025 targets, ahead of the Competitiveness Council meeting.
The ACEA Director General, Sigrid de Vries, underlined that manufacturers are presently bearing the weight of the transformation, hampered by uncontrollable issues such as a lack of proper buying incentives and charging infrastructure. She remarked, “It is encouraging to see EU member states discussing viable options to relieve the immediate compliance pressure, such as allowing the banking and borrowing of CO2 credits across years or introducing multi-year compliance periods.”
De Vries emphasized how crucial it is to keep the green mobility transition on course while lowering compliance costs by 2025. According to the ACEA, such actions are essential to preserving the EU car industry’s resilience and long-term capacity to manage the ongoing green transformation.
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