The European Union’s automotive sector is grappling with a pressing issue: how to manage the escalating financial burden associated with the potential failure to meet the 2025 carbon dioxide (CO2) emission targets for cars and vans. This risk stems primarily from the slow adoption of zero-emission vehicles (ZEVs) across the EU.
Industry stakeholders are now urgently seeking strategies to alleviate these disproportionate costs, which threaten profitability and investment in a time of shifting consumer demand and technological innovation.
