Reported about 9 hours ago
The European Commission has announced a three-year extension for car manufacturers to meet CO2 emissions targets originally set for 2025. This decision, shared by President Ursula von der Leyen, allows automakers to miss the 2025 targets if they compensate in the following years. The move comes amidst concerns from various manufacturers, including Volvo, about regulatory certainty and compliance related to the transition to electric vehicles. While European automakers welcomed the extension, environmental groups criticized it, arguing that it could undermine efforts towards cleaner technology.
Source: YAHOO