Here is the translation from deepl.com. Ineos is mentioned in one of the last paragraphs
There is an exemption for small-volume car manufacturers to meet European emissions regulations.
As part of the "Fit for 55" negotiations, the EU has not only decided on the de facto phase-out of combustion engines, but also an extension of the deadline for small-volume manufacturers. A corresponding amendment now allows the reduction of CO2 emissions until 2035 and no longer until 2030 as originally planned. Here, a reduction in CO2 emissions of 55 percent compared to 1990 comes into effect.
The deadline change affects those manufacturers who sell less than 10,000 passenger cars or 22,000 light commercial vehicles per calendar year in Europe. Generally exempted are car manufacturers with less than 1,000 models per year. The wording of the amendment:
"In view of the higher overall greenhouse gas emission reduction targets and in order to avoid potential market distorting effects, the reduction requirements should be aligned for all manufacturers present on the Union market, except for those responsible for less than 1,000 new vehicles registered in a calendar year. Consequently, the possibility for manufacturers responsible for between 1 000 and 10 000 passenger cars or between 1 000 and 22 000 light commercial vehicles newly registered in a calendar year to apply for a derogation from their specific emissions targets from 2036 onwards should no longer exist."
This decision taken is seen as a concession to Italy, which months before the "Fit for 55" negotiations was already promoting this derogation for small series manufacturers and originally wanted to push for an extension until 2040. Last but not least, the current Italian Minister of the Environment Roberto Cingolani and former non-executive director at Ferrari stated that the changeover would be a challenge for Ferrari and Co. as the companies allegedly can hardly use economies of scale.
The extension of the deadline is also seen as a success for the European Small Volume Car Manufacturers Alliance (ESCA), which includes McLaren, Aston Martin, Pagani, Bugatti, Ineos, Rimac, Koenigsegg but also Wiesmann, Alpina and Donckervoort. ESCA argues that these small-series manufacturers build vehicles that have a significantly longer life cycle and have a limited impact on emissions than a large-series manufacturer due to the small numbers involved.
Lamborghini has already announced plans to reduce CO2 emissions by 50 per cent by 2025 and to fully hybridise its model range by 2024. After 2025, the first electric model will be a Gran Turismo. Ferrari's first electric model will also be launched in 2025.
