Car Industry's Proposal Could Increase EU Oil Imports by €74bn, Affecting EV Transition
The European car industry's recent proposal, as analyzed by Transport & Environment (T&E), could lead to an additional €74 billion in oil imports for the EU between 2026 and 2035. This proposal, put forth by the European Automobile Manufacturers Association (ACEA), suggests weakening the current EU car CO2 targets. The ACEA's demands include averaging carmakers' 2030 CO2 targets over five years instead of three, and canceling the utility factor for plug-in hybrid vehicles (PHEVs). This could delay the transition to more affordable electric vehicles (EVs) and increase reliance on oil, as the proposal would allow for fewer battery electric vehicles (BEVs) and more polluting combustion engines. The German government has already adopted ACEA's position, which could further slow the EU's shift to electric cars. 
