Critically, the agreement provides for the continued use of super-credits within the emissions measurement formula for green vehicles such as EVs and hybrids. These can bring down the average CO2 emissions level assessed for auto makers.
The Commision since 2008 has given EU countries more leeway to offer tax breaks, low-interest loans and grants for making and buying energy-efficient vehicles, but is concerned that member states are using these rights in conflicting ways.
The U.S., EU and Japan also charge that the country is asking importers to make certain commitments such as limiting their imports, balancing them with exports and making or increasing investment in local production facilities.
The European Union is protesting Brazil’s hike in taxation of foreign-made components and Argentina’s requirement that auto-parts importers file a sworn declaration, including production information, to the country’s customs authority.
CEO Mark Fields tells reporters at Ford’s new Silicon Valley R&D facility that an autonomous vehicle or driverless car will fit within the company's century-old tradition of offering affordable transportation....More
Regulators are granting Volvo, Mitsubishi, Mazda, JLR and Subaru an added hybrid option and a later compliance date of Jan. 1, 2018, by which time each company will be expected to have an approved pure ZEV or hybrid transitional ZEV on the market....More
Some 55% of fatal accidents in the U.S. are caused by a vehicle leaving its lane and striking an object, pedestrian or another vehicle. Continental’s Road Departure Protection system is meant to prevent those collisions....More