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EU cancels ICE ban

Mandatory fleet-based CO₂ reduction from 2035 shall be only 90% instead of 100%. Manufacturers will therefore still be able to sell cars with internal combustion engines for first registration in Europe. The number will depend on their fleet’s overall emissions, with the share of electric battery vehicles being a key factor. E-fuels are not currently envisaged to play a significant role, at an estimated price of 10–15 euros per liter. The 90% shall apply from 2035 to 2040, likely with a gradual phase-out from 2040. No details have transpired yet as to possible further exemptions for small series manufacturers or commercial vehicles (N1). Official European Commission communication is due on 16 December.
 
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Mandatory fleet-based CO₂ reduction from 2035 shall be only 90% instead of 100%. Manufacturers will therefore still be able to sell cars with internal combustion engines for first registration in Europe. The number will depend on their fleet’s overall emissions, with the share of electric battery vehicles being a key factor. E-fuels are not currently envisaged to play a significant role, at an estimated price of 10–15 euros per liter. The 90% shall apply from 2035 to 2040, likely with a gradual phase-out from 2040. No details have transpired yet as to possible further exemptions for small series manufacturers or commercial vehicles (N1). Official European Commission communication is due on 16 December.
The rumours are that the 90% ban on ICE might be permanent after 2040.

In simplistic terms i guess, an automaker would be able to sell 1 ICE vehicle for every 9 EVs.

The UK is likely to follow suit (under the next government)
 
The 90% reduction is measured against a manufacturer‘s 2021 baseline, absent that against industry average (I believe at around 116 g CO₂/km WLTP). Some manufacturers with lots of small cars might be able to achieve a better ratio, e.g., 2:7. Hard to imagine Ineos could reach 1:9 even with much cleaner Grenadier ICEs plus sales of future Fusilier EBVs (or possibly hybrids), which as a very rough guestimate could require 15 to 25 Fusilier for 1 Grenadier (?). This said, ICE manufacturers can pool fleet emissions with EBV manufacturers for offset against a fee. Also, a lot can change in the coming years; maybe there will be a trading mechanism, maybe low non-compliance fines that could be priced in. In essence, I hold that the ICE Grenadier will be able to survive but at a higher price for the end-consumer. Absent a viable/scaleable industry solution (is Munro about to prove that is at least conceivable?), best policy solution it would appear to me would be the introduction of a targeted N1 exemption or ease.
 
This doesn’t affect me at all (other than working to put European car manufacturers out of business), but is it 1 sold per 9 sold, or is it 1 ICE model for sale per 9 EV models offered?
 
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