EU Proposes Relaxed CO₂ Rules to Support Struggling Auto Industry
European Commission President Ursula von der Leyen suggests extending compliance deadlines for carmakers facing fines under stricter emissions limits.
- The EU plans to give car manufacturers three years, instead of annual deadlines, to meet fleet-wide CO₂ emissions targets, reducing immediate financial penalties.
- The proposal aims to address challenges faced by the auto industry, including slower-than-expected electric vehicle adoption and heightened competition from China and the US.
- Von der Leyen emphasized the need for fairness in the transition to clean mobility while maintaining the EU's climate goals.
- Additional measures, including an industry alliance to accelerate autonomous vehicle deployment, are under consideration to bolster the sector's competitiveness.
- Details of the proposed changes will be formally presented on Wednesday, pending approval from the EU Parliament and member states.