Automakers whine about €15B fine they knew they’d risk for pushing gas cars
Baua Electric
SEPTEMBER 7, 2024
At issue are Europe’s 2025 CO2 targets, and a penalty calculated based on fleet average CO2 emissions per automaker. If an automaker fails to meet this legal target, which was established in 2017 , it may have to pay a fine of €95 per gram of CO2 per car. Meanwhile, gas car sales actually are slowing (-2% in 2Q).
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