Mexican Media Brands
EU Weights Carbon Credits Rather than Sales Quotas for EVs
The European Commission will present a proposal next month to promote electric cars through a credit trading scheme rather than direct EV sales quotas, sources tell Reuters.
#hybrid #regulations
Share
The European Commission will present a proposal next month to promote electric cars through a credit trading scheme rather than direct EV sales quotas, sources tell Reuters.
The proposed credit swap would enable carmakers to meet pollution standards with piston-powered vehicles by buying emission credits from EV producers.
The EC plan also would establish new carbon dioxide emission limits for 2030, establish €800 million ($945 million) in regional funding to develop a better EV charging infrastructure and contribute €200 million ($236 million) to advanced-battery research.
Reuters says the proposal would require passenger car fleets to reduce CO2 emissions by an average 25%-35% by 2030 compared with 1990 levels. Vans would be required to cut CO2 by 30%-40%. Carmakers in Europe have been advocating a 20% reduction, and they want to make compliance conditional on consumer demand for zero-emission EVs.
RELATED CONTENT
-
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
UPS to Test Electric Delivery Truck
United Parcel Services of America Inc. is partnering with Los Angeles startup Thor Trucks Inc. to test a fully electric Class 6 delivery truck.