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EU carmakers have had enough time to decide how to cut emissions by 2025, EU climate chief says

( October 30, 2024, 13:03 GMT | Official Statement) -- MLex Summary: EU carmakers have had sufficient time to prepare for next year’s CO2 emission reduction goal and avoid fines, the bloc’s climate chief Wopke Hoekstra wrote to a lawmaker. Hoekstra said some manufacturers think that changing the rules now may create “competitive distortion.” Yet, most EU manufacturers organized in the EU automakers’ association ACEA, have recently warned that they may miss the 2025 emission reduction target due to weak electric vehicles’ sales and risk being subject to billions of euros in fines....

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