"European carmakers think the upcoming stricter emissions rules for passenger cars in the European Union are "no longer feasible" in the face of growing competition from Asia and burdening tariffs from the United States. In a joint letter signed by Mercedes-Benz's CEO, Ola Kallenius, and Schaeffler's Powertrain and Chassis CEO, Matthias Zink, the two representatives called on the EU to ramp up support for the automotive industry if it wants carmakers to achieve its ambitious climate targets."
"Kallenius, who is the president of the European Automobile Manufacturers' Association (ACEA), and Zink, who is the president of the European Association of Automotive Suppliers (CLEPA), said that the industry is asked to transform with its hands tied behind its back. As a reminder, the European Union introduced strict new rules for carbon dioxide (CO2) emissions that take effect this year, with the ultimate goal of becoming carbon-neutral by 2050."
Mercedes‑Benz CEO Ola Kallenius and Schaeffler CEO Matthias Zink urged the EU to increase support for the automotive sector to meet CO2 targets. They said the industry is being asked to transform with its hands tied behind its back and that meeting the rigid 2030 and 2035 car and van CO2 targets is no longer feasible. The EU requires a 15% average CO2 reduction from new cars and vans this year versus 2021, a 50% reduction by 2030, and only zero‑emission new cars allowed from 2035. Manufacturers cite growing Asian competition and US tariffs as added burdens.
Read at InsideEVs
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