Di Meo: ‘EU carmakers face €15 billion fine if EV sales stay low’

Joris Van Roy

September 9, 2024

In an interview with French radio, ACEA President and CEO of Renault Luca di Meo pleaded for more lenient CO2 emission targets by the EU to avoid a €15 billion fine /ACEA

According to targets set in 2017, the EU requires carmakers to bring the average CO2 emissions of their newly sold car fleets below 93.6g/km by 2025. If this target is not met, they might have to pay €95 fine per gCO2/km over the target and per car sold. But now Luca di Meo, CEO of Renault and
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