Brussels, 27 June 2013 – Yesterday’s provisional agreement between the European institutions on the 2020 CO2 emissions targets for vans could hinder investments in future clean technologies, says the European Automobile Manufacturers’ Association (ACEA), which is currently studying the full details of the deal.
The target for vans of 147g CO2/km is very ambitious, with independent research showing that it will necessitate full hybrid technologies. Given the current economic climate with plummeting van sales, it is difficult to invest extra cash upfront in more costly technologies for the future.
Lower production volumes also do not allow for the same economies of scale as for cars. Furthermore, there is a huge diversity between Class I, II and III vans, meaning that there are few ‘one size fits all’ technological solutions. “In this context, super-credits provide concrete incentives for manufacturers to invest billions of euros in ultra low-emission vans, despite there being extremely low consumer demand for these at the moment,” stated ACEA Secretary General Ivan Hodac.
Indeed, according to the European Environment Agency only 1% of vans sold last year were liquefied petroleum gas and natural gas, and just 0.5% were electric. Hodac: “Super-credits are one of the only EU-wide support mechanisms for innovative, clean technologies. If they are removed from the package, Europe will become one of the only major vehicle-producing regions with extremely limited incentive schemes for fuel-efficient vehicles. This will clearly put us at a strong disadvantage on the global market.”
The compromise decision still needs approval from the member states and the European Parliament.
Notes for editors
ACEA members are BMW Group, DAF Trucks, Daimler, FIAT S.p.A., Ford of Europe, General Motors Europe, Hyundai Motor Europe, IVECO S.p.A., Jaguar Land Rover, PSA Peugeot Citroën, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars, Volvo Group. More information can be found on www.acea.be.
Facts about the EU automobile industry
• Some 11.6 million people - or 5.3% of the EU employed population - work in the sector. • The 3.2 million jobs in automotive manufacturing represent 10.2% of EU's manufacturing employment. • Motor vehicles account for over €385 billion in tax contribution in the EU. • The sector is also a key driver of knowledge and innovation, representing Europe's largest private contributor to R&D, with €26 billion invested annually. • The automotive sector contributes positively to the EU trade balance with a €92 billion surplus. This contribution is highly significant today as the EU economy as a whole struggles with a total trade deficit for goods of €152.8 billion.
For further information, please contact Cara McLaughlin, Director of Communications, ACEA, Tel: +32 2 738 73 45; Mobile: +32 485 88 66 47; email@example.com