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Cake day: July 11th, 2024

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  • The idea is to force car makers to sell more EVs. So the EU has put up fleet emission targets for car makers. They are currently so low, that you need to have zero emissions vehicles as part of the fleet, as hybrids do not cut it. However the EU allows for trading of credits, which allow car makers with lower fleet emissions to sell credits to car makers with higher emissions.

    The key part is, that you can track EU EV sales fairly well, by running some math on how many EVs are needed to meet those fleet targets. So that law is actually working. The other part is the 2035 combustion engine phase out.