The European Commission proposed on Wednesday 14 July that the fleet of new cars and vans registered in 2035 should have zero CO2 emissions. To achieve this, the emission reduction threshold is set at -55% in 2030 compared to 2021 for new cars (compared to a target of -37.5% currently set by Regulation 2019/31) and -50% for vans (-31%) (see EUROPE B12760A1). All EU car manufacturers would be affected, even those producing less than 10,000 new cars or 22,000 new vans per year.
This...