Volkswagen is not expected to be able to meet EU CO2 emissions limits this year, and probably not next year, which could result in fines of billions.
Diess has previously indicated that meeting EU emission limits will not be an easy task. In early November, for example, he spoke of a “roughly a gram” backlog. “We haven’t given up yet, but it won’t be easy to meet this year’s fleet targets,” he told the paper in an interview.
Diess acknowledged that Volkswagen had begun the transition to electric mobility “relatively late”, but would spend € 35 billion by 2025 to develop the technology and build production.
According to EU regulations, in 2020 car manufacturers must achieve an average fleet of CO2 emissions of less than 95 grams per kilometer with their full model range. As a “facilitation of implementation” of the limit values, they can receive a 5% discount from this by 2021.
(Source: vezess.hu / photo: pexels.com)