Luca de Meo, ACEA President, emphasized the need for flexibility in enforcing new emissions regulations, warning that strict compliance could lead to halting production of 2 million cars.
ACEA stated that European automakers ‘are united’ in their commitment to transition toward reduced emissions, but lamented that the necessary support elements for this transition are lacking.
The European automobile industry faces a potential €15 billion in fines due to stringent new emissions targets, compounded by a recent slump in electric vehicle demand.
Current figures reveal that only 12.5% of new car registrations in the EU are fully electric, far below the requirements for compliance with upcoming emissions regulations.
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