European Commission President Ursula von der Leyen has announced a significant relief for automakers, granting them a three-year grace period to achieve the carbon dioxide emission targets originally set for this year. She emphasized that the 2025 emission regulations will incorporate tailored adjustments to enhance flexibility within the automotive industry, with the pertinent proposals to be unveiled later this month. This implies that automakers will not face penalties for missing this year's targets, provided they demonstrate satisfactory performance in the following two years.
