The EU has unveiled its End-of-life vehicles Regulation to boost vehicle circularity while pushing ambitious recycled content targets. ACEA is concerned that the proposal could duplicate or complicate existing rules and industry best practices on sustainable design. Law makers must instead ensure a coherent regulatory environment that enables manufacturers to scale up vehicle circularity … [Read more...]
Oil is not in short supply, says environmental group
Since the EU imposed sanctions on Russia, there has been a redrawing of the global oil map, according to a new study . Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. Transport & Environment (T&E), who carried out the study, says the EU is missing a historic opportunity to cut oil consumption and reduce the continent’s … [Read more...]
Europe in the slow lane of ‘green revolution’
Europe will dramatically drop behind America and China in the “green revolution”, said environmental group Transport & Environment. European Commission president Ursula von der Leyen said last year that she would create a new European Sovereignty Fund to help EU companies compete with president Biden’s Inflation Reduction Act (IRA). But whereas the US is pumping $369bn (€340 bn) into key … [Read more...]
EU tariffs will slow EV adoption, say carmakers
The European Automobile Manufacturers’ Association is calling for a three-year postponement to restrictive rules on EU-UK electric vehicle trade beginning in six months. Otherwise, tariffs could total €4.3 billion, potentially reducing electric vehicle production by some 480,000 units. Goods exported under EU free-trade agreements must comply with ‘rules of origin’ to obtain tariff … [Read more...]
Tradelines 31 May
The latest hybrid London Black Cabs have been fitted with bigger traction batteries to increase range and lower emissions. EV range is up to 78 miles from 64 miles and total range rises from 318 miles to 333 miles. A super-car dealer living in Wales has appeared in a Yorkshire court accused of more than a £1M of fraud by his classic Porsche business over three years. Andrew Mearns, 54, of … [Read more...]
Government likely to miss its zero carbon goal
The Government threatens to miss its own zero carbon targets for transport, say car makers. It set out obejectives it wants to attain in a new consultation document last week but critics say it is late, lacks choice, does not address costs and is confusing for vehicle makers. Mike Hawes, SMMT Chief Executive said, “Automotive is on track to deliver zero emission motoring, so we welcome this … [Read more...]
Vehicle makers want EU emissions move
The European Automobile Manufacturers’ Association want the European Commission and the Council to come to a resolution to the current impasse on the EU legislation on CO2 emissions from cars and vans. It was due to be signed into law in early March and the car makers' bodoy says the fundamental transformation for the European automotive industry needs planning security. ACEA takes note that … [Read more...]
End of the ICE age in 2035
Car makers have agreed to end petrol and diesel engine production throughout Europe by 2035. But they say tough emissions targets can be met only if there is a concerted Governments’ drive to strengthen the vehicle recharging network. Following the EU deal on CO2 targets for cars and vans, the European Automobile Manufacturers’ Association urged European policy makers to shift into higher gear … [Read more...]
Newslines 15 July
Mercedes-Benz will continue holding a stake in Aston Martin through an investment fund. Aston Martin said today it was looking to raise £653 million pounds through a right issue to shareholders, bringing in Saudi Arabia's sovereign wealth fund as its second-largest shareholder after the Lawrence Stroll controlled Yew Tree Consortium and Mercedes-Benz AG will together invest £335 million pounds … [Read more...]
PHEVs face new emissions check
The climate ratings of plug-in hybrid vehicles (PHEVs) will become a lot more realistic after the EU agreed to reassess their CO2 emissions based on how much they actually emit on the road. Green group Transport & Environment, which has campaigned for years to highlight the true impact of so-called ‘fake’ electric vehicles, said the new system would end the emissions scandal that is … [Read more...]
