European automakers face carbon penalty storm, pressuring EU to reconsider regulations

The European Union (EU) has raised carbon emission standards to 93.6g/km starting in 2025, leading to penalties that could reach EUR15 billion (US$15.6 billion), according to the European Automobile Manufacturers’ Association (ACEA). Despite multiple communications with the European Commission yielding no results, manufacturers are now uniting to pressure the Commission for an early revision of this regulation.

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