Car Industry Calls for Relief from EU Emissions Fines Amid Slow Electric Vehicle Adoption

Post Views: 424 ACEA, EU Auto sector The European Automobile Manufacturers’ Association (ACEA) has renewed its plea for leniency regarding the EU’s strict CO2 emissions standards. The call comes as carmakers face billions of euros in penalties for failing to meet the European Union’s 2024 emissions limits. Ola Källenius, the newly appointed president of ACEA and CEO of Mercedes-Benz, addressed the issue in an open letter to EU leaders, urging for more flexible policies to allow the decarbonization of the automotive sector to be both green and profitable.   Struggling to Meet Emissi...