Parliamentary Decision on 2020 Carbon Emission Limit for Passenger Cars in Europe

The European automobile industry is leading the global charge towards cleaner and more efficient vehicles, investing a significant €32 billion annually into research and development (R&D). This investment is a strategic move to maintain its competitive edge and position as a global leader in the development of clean vehicles.

Recently, the European Parliament voted on the 2020 target for CO2 emissions from passenger cars, an important step towards providing legal certainty for manufacturers to plan their R&D investments until 2020 and beyond. The European targets for CO2 emissions from passenger cars are the most stringent in the world, reflecting the industry's commitment to environmental sustainability.

The European Automobile Manufacturers' Association (ACEA) has taken note of the vote. The industry emphasizes the importance of better support from European institutions for its R&D investments. The European Commission, with its targeted funding and industry support, the European Parliament, which debates and sets regulatory frameworks such as emissions standards, and collaboration with social partners and industry stakeholders through mechanisms like the Strategic Dialogue, are all crucial for the continued investment in environmentally friendly technologies.

The industry's focus on environmentally-friendly technologies is a continuation of its efforts to lead the global market in clean vehicles. A significant portion of the R&D investment in the European automobile industry goes towards fuel-efficiency technologies. This investment is geared towards maintaining global competitiveness and improving the industry's offerings in terms of fuel efficiency.

The European automobile industry's commitment to environmentally-friendly technologies is not just a response to regulatory pressures, but a proactive step towards securing its future. The call upon European institutions to deliver on their commitments to support the global competitiveness of the automobile industry underscores this point.

The R&D investments in the European automobile industry are aimed at maintaining its position as a global leader in the development of clean vehicles. With its relentless focus on innovation and sustainability, the European automobile industry continues to set the pace in the global transition towards cleaner, greener, and more efficient vehicles.

Parliamentary Decision on 2020 Carbon Emission Limit for Passenger Cars in Europe