EU Automakers Get Pollution Targets Breather as EV Sales Falter
The European Commission has granted carmakers in the EU more breathing room to achieve the regional bloc’s mandated pollution target amidst a widespread drop in electric vehicle sales. Commission president Ursula Von der Leyen says European carmakers that sell too many fossil fuel-powered cars in 2025 will be granted a two-year grace period where they can compensate by selling more clean energy vehicles. Although the move is ostensibly meant to support carmakers who have been struggling to sell their EVs amidst a slump in demand, environmental groups argue that the grace period is tantamount to rewarding ‘laggard’ carmakers. The proposal…