Investing Into China, The EU Wants To Increase The Limits Of Automobile Emissions

According to foreign media reports, EU officials stated on Wednesday that in order to narrow the technological gap with China, the EU will accelerate the production of electric vehicles, and will set more stringent emission restriction policies for car companies such as Volkswagen Group and FCA.

The European Commission intends to formulate standards for 2025 and 2030 vehicle NOx emissions in response to global warming. The move by the European Union will further increase the restrictions on CO2 emissions and will give subsidies to the automobile enterprises that accelerate the transition to electric vehicles. EU climate and energy commissioner Miguel Arias Canete said in an interview in Brussels on Tuesday: “Trying to make it easier for car companies to accelerate the transition to electric vehicles is part of our job. The development of new energy vehicles is a race, and we are already behind. ."

Europe has been seeking a technological revolution in land transportation. In the future, new energy vehicles will further develop, and the fate of diesel locomotives will be terminated. At the end of 2015, climate protection agreements reached by more than 200 countries in Paris benefited Europe and effectively controlled the pollution of land traffic in Europe. According to the agreement, Europe aims to reduce the pollution contrast ratio by 1990 by at least 40% by 2030.

As the Chinese government increases its investment in electric vehicles, Europe will also adopt a similar approach to require car companies to either reduce the emissions of diesel locomotives or accelerate the transition to electric vehicles.

The number of electric vehicles in the Chinese market has reached more than 400 models, while Europe has only 6 models. India also plans to reach the goal of selling electric vehicles by 2030. Canete said: "The gap between the EU and the developing countries is very large, and this proposal also covers the subsidies for the development of electric vehicles for car companies, in order to attract car companies to accelerate the transition to electric vehicles."

The proposal of the European Commission also needs to be approved by the EU government and parliament, and this process often takes more than a year. It also includes 800 million euros of infrastructure investment in charging electric vehicles.

The subsidy program for electric vehicle production will use credit credits. The EU’s current limit on CO2 emissions is 130 grams per kilometre revised in 2021, which was established in 2015. The current restrictions are based on the average level in the European region, and individual car companies will be different under the cover of financial fines. Penalties for illegal restrictions will continue to apply to the 2025 and 2030 emission standards.