Three concerns face billions in fines for late arrival of electric vehicles

Three concerns face billions in fines for late arrival of electric vehicles

October 14, 2020 0 By autotimesnews

Mercedes, Volkswagen and Jaguar Land Rover do not meet new environmental requirements

According to the new rules in force in the European Union, from 2020, the average carbon dioxide emission per kilometer of a passenger car must not exceed 95 grams. Although the year is not over yet, Bloomberg predicts that not everyone will be able to meet this norm.

Carbon dioxide emissions are calculated from the average WLTP fuel consumption. For gasoline cars, 95 grams per kilometer corresponds to a consumption of 4.1 liters per 100 kilometers, for diesel cars – 3.6 liters per hundred.

Carmakers are allowed to sell more voracious cars, but this must be compensated for by the same number of electric cars sold. For example, if a company sells 100 petrol cars with a consumption of 8.2 liters and 100 electric vehicles in Europe, then it will not face fines.

Bloomberg estimates that PSA (Peugeot, Citroen, Opel), Volvo, Renault and BMW will precisely fulfill the norm in 2020 due to the growth of sales of electric cars and rechargeable hybrids. But Daimler (Mercedes), Jaguar Land Rover and the entire Volkswagen group are likely to be fined. The agency does not provide data on Japanese and Korean brands.

The FCA concern, which unites the Fiat and Chrysler groups, stands apart. Realizing that a fine of 1 billion euros at the end of the year could not be avoided, his management decided in return to pay Tesla for the right to take their electric cars into account in the structure of their sales.

Tesla itself did not lose anything from this, since it still does not sell gasoline and diesel cars in Europe. Instead, FCA actually financed the construction of a gigafactory in Berlin.