The EU may be proposing a law that would allow car manufacturers to waive giant stalls for not building enough electric cars.
The EU is considering a new law that could change the way automakers comply with emissions requirements for electric cars and potentially avoid major fines.
Several major car manufacturers have in recent years been forced to pay significant amounts in fines as a result of failure to comply with the EU's strict emissions requirements.
This is reported by Bloomberg .
However, manufacturers who sell many cars with combustion engines and few electric cars have the option of buying emission quotas from manufacturers who meet the requirements, and thus avoid paying fines.
Now, however, it appears that these automakers will have another opportunity to avoid stalls.
Bloomberg writes that the EU may present a proposal that would allow manufacturers that do not meet emissions requirements but maintain their electric car targets to "defer" payment of the fine.
A similar scheme already exists for heavy vehicles, meaning trucks, buses and the like.
This means that a car brand that faces having to pay the big fines can avoid them altogether if they achieve the set emissions targets at a later date.
EU parliamentarian Peter Liese presents the EU proposal as a potential carrot for car brands.
But it could also end up creating a ketchup effect of cars that no one wants, but that car brands are nevertheless forced to build.
– For example, if you don't meet the requirements in 2025, you can compensate by overperforming in 2026 or 2027. I think that's a good thing.