Summary
The ICCT's report, "Within Reach: The 2025 CO₂ Targets for New Passenger Cars in the European Union," assesses the feasibility of automakers meeting the European Union's stringent CO₂ emission targets set for 2025.
The EU aims to reduce average CO₂ emissions from new passenger cars to 93.6 grams per kilometer by 2025, a 15% decrease from 2021 levels. The ICCT's analysis indicates that while some manufacturers are on track to meet these targets, others face significant challenges. For instance, Volkswagen and Ford are required to reduce emissions by approximately 21%, while Hyundai, Mercedes-Benz, and Toyota must achieve reductions exceeding the average 12%. The report underscores the critical role of increasing the market share of battery electric vehicles (BEVs) to comply with these regulations. It also highlights the need for continued technological advancements and strategic planning within the automotive industry to meet the EU's environmental objectives.
Region:
Central America
Published:
November 2024
Author(s):
ICCT
Language:
English