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* Between 2020 and 2024, the regulation aims to cut the emission levels to 95 g CO2/km for cars based on NEDC emission test (115.0g CO2/km based on WLTP) and 147 g CO2/km for vans based on NEDC emission test (177.9g/km based on WLTP). | * Between 2020 and 2024, the regulation aims to cut the emission levels to 95 g CO2/km for cars based on NEDC emission test (115.0g CO2/km based on WLTP) and 147 g CO2/km for vans based on NEDC emission test (177.9g/km based on WLTP). | ||
* '''From 2025 to 2029, it targets to reduce the emission levels to 93,6 g CO2/km (2025-2029) for cars (around 15% reduction compared to 2021 baseline of 110.1g CO2/km ) and 153,9 g CO2/km (2025-2029) for vans based WLTP test.''' | * '''From 2025 to 2029, it targets to reduce the emission levels to 93,6 g CO2/km (2025-2029) for cars (around 15% reduction compared to 2021 baseline of 110.1g CO2/km ) and 153,9 g CO2/km (2025-2029) for vans based WLTP test.''' | ||
* From 2030 to | * From 2030 to 2034, a reduction to 49.5 g CO2/km for cars and 90.6 g CO2/km for vans is planned. | ||
* Beyond 2035, the EU targets to have 100% emission reduction. | * Beyond 2035, the EU targets to have 100% emission reduction. | ||
* '''Failure to comply with the regulation will lead to a fine of €95 per g/km of target exceedance for every vehicle registered in the EU.''' | * '''Failure to comply with the regulation will lead to a fine of €95 per g/km of target exceedance for every vehicle registered in the EU.''' | ||
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T&E estimates that carmakers would have to increase their BEV share (based on 2023 sales) to 24% in 2025 in order to achieve the emission target<ref name=":0">https://www.transportenvironment.org/articles/bridging-the-gap-carmakers-progress-toward-the-2025-car-co2-targets/</ref>. | T&E estimates that carmakers would have to increase their BEV share (based on 2023 sales) to 24% in 2025 in order to achieve the emission target<ref name=":0">https://www.transportenvironment.org/articles/bridging-the-gap-carmakers-progress-toward-the-2025-car-co2-targets/</ref>. | ||
EU said it will carry out a review in 2026 to assess the progress on the move to achieve climate neutrality<ref>https://europe.autonews.com/environmentemissions/bmw-urges-review-tough-eu-co2-targets</ref>. | EU said it will carry out a review in 2026 to assess the progress on the move to achieve climate neutrality<ref>https://europe.autonews.com/environmentemissions/bmw-urges-review-tough-eu-co2-targets</ref>. | ||
== Pooling of EVs == | == Pooling of EVs == |