European climate group asks EU for tougher CO2 targets for truck makers

By Nikita Chaurasia  | Date: 2021-10-11

European climate group asks EU for tougher CO2 targets for truck makers

According to a recent study conducted by Europe’s Transport and Environment (T&E), the European Union (EU) should implement stricter CO2 targets for truck makers to swiftly transition to zero-emission models as present goals do not provide the required motivation.

The climate group found that advances in aerodynamics and fuel efficiency have allowed truck makers to reach the EU's 2025 CO2 standards with only a few zero-emission long-haul trucks. The findings have been published in research titled "Easy Ride: why the EU truck CO2 targets are unsuited for the 2020s."

Most truck manufacturers have already committed voluntarily to increase their electric vehicle sales beyond the EU’s requirements. These truck makers have set a goal for zero-emission vehicles to make up 2% of sales from 2025 onwards under current EU laws.

However, this target is expected to be revised by the EU.

T&E's acting Freight Director Lucien Mathieu stated that truck makers are equipped to decarbonize faster, and it is about time they start implementing them. T&E expects that zero-emission trucks will account for 7% of sales in 2025 and 43% in 2030, based on truck makers' voluntary promises.

According to T&E, this demonstrates that the EU may establish a realistic "but more ambitious" aim of at least 30% zero-emission truck sales by 2028.

Leading truck maker Scania, which is a part of Volkswagen AG's commercial vehicle affiliate Traton SE, records CO2 emissions 5.3% lower than the average for the most prevalent type of long-haul truck, owing to its advanced aerodynamics.

Iveco and Renault, the truck and bus divisions of Italian American CNH Industrial, are laggards, with emissions 2.4% and 2.6% higher than the norm, T&E claimed.

Meanwhile, the European electric HGV and truck startup Volta has claimed to have acquired €600 million worth of pre-orders for around 2,500 of its 16 ton Volta Zero trucks, which are primarily built for inner-city logistics.

Source Credits –

https://auto.economictimes.indiatimes.com/news/commercial-vehicle/mhcv/european-climate-group-says-eu-needs-tougher-truck-co2-targets/86926925

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Indian food delivery giant Swiggy to buy Dineout from Times Internet

Indian food delivery giant Swiggy to buy Dineout from Times Internet

By Nikita Chaurasia

Swiggy, an Indian food delivery giant, has recently announced an agreement with Times Internet to buy Dineout, a dining and restaurant technology platform. Swiggy will use the acquisition to enter the dining out (non-delivery) market, where it will c...

Grocery delivery platform Instacart files for U.S. stock market debut

Grocery delivery platform Instacart files for U.S. stock market debut

By Nikita Chaurasia

Instacart, a grocery delivery service, has announced that it has submitted a provisional registration statement with the Securities and Exchange Commission (SEC), clearing the way for the company to list its shares on the U.S. stock exchange. The ...

Tyson Foods improves annual sales outlook as meat prices surge in U.S.

Tyson Foods improves annual sales outlook as meat prices surge in U.S.

By Nikita Chaurasia

American food major Tyson Foods Inc. has reportedly improved its full-year sales outlook after witnessing better-than-expected earnings and revenue in the last quarter. The company raised its full-year sales to around USD 54 billion, above the averag...

EU likely to enforce new rules to regulate tech giants in spring 2023

EU likely to enforce new rules to regulate tech giants in spring 2023

By Nikita Chaurasia

The Executive Vice President of the European Commission Margrethe Vestager reportedly claimed that the union is likely to start enforcing the Digital Markets Act (DMA) in the spring of 2023. The antitrust legislation, which aims to limit the power of...

India teams up with Japan to develop affordable EV charging standard

India teams up with Japan to develop affordable EV charging standard

By Nikita Chaurasia

India and Japan are reportedly working on a joint initiative to develop a standard for electric vehicle charging in emerging markets. The duo will use Japan’s protocols to make easier-to-install and operate EV charging stations. The CHAdeMO ...