IHS Markit projects automakers could be fined more than €14B for European CO2 excess emissions in 2021
Green Car Congress
AUGUST 6, 2018
New analysis by IHS Markit suggests that automakers failing to meet 2021 fleet CO 2 emissions compliance for passenger vehicles sold in the European Union (EU) could be fined more than €14 billion (US$16 billion) in 2021. Legislators in the European Union (EU) are imposing a new passenger car fleet CO 2 emissions target of 95 g/km, to be phased in during 2020, with 100% application in 2021 on Worldwide Harmonized Light Vehicle Test Procedure (WLTP).
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