Auto industry CEOs discuss CO2 with Timmermans

Brussels, 24 March 2021 – Under the umbrella of the European Automobile Manufacturers’ Association (ACEA), the CEOs of Europe’s car makers met last week with the European Commission Vice-President for the European Green Deal, Frans Timmermans, for a constructive discussion on climate change and CO2 emissions.

“EU policy makers and the auto industry share the European Green Deal’s vision of climate neutrality by 2050,” stated Oliver Zipse, ACEA President and CEO of BMW. “But the Green Deal needs to live up to its name; we need a real ‘deal’ between our industry and EU governments to achieve the overarching goal of lowering the CO2 emissions of the transport sector. On this path, every available technology needs to play its role.”

“We are bringing the required technology to the market at a very high pace and are committed to delivering more zero-emissions vehicles. But we need governments to deliver on the charging and refuelling infrastructure needed to power them at the same high pace. We are pleased that Mr Timmermans recognised that these tasks are intrinsically interconnected,” said Zipse.

Frans Timmermans: “We need to move towards near-zero emission transport as soon as possible. It is an enormous challenge, but I am confident the European car industry is up to the task. Our car manufacturers are innovative and experienced in producing affordable cars. Our policies will be designed to support the shift: stricter emissions norms to boost the uptake of clean vehicles, and investments in charging infrastructure and battery production to support the already rapid growth. By managing this transition we will make it a just transition. And together we will make electric driving accessible to all."

The meeting between ACEA and Mr Timmermans was held ahead of the upcoming reviews of the CO2 Regulation for cars and vans as well as the Alternative Fuels Infrastructure Directive (AFID).

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Notes for editors

About ACEA

  • The European Automobile Manufacturers' Association (ACEA) represents the 15 major Europe-based car, van, truck and bus makers: BMW Group, CNH Industrial, DAF Trucks, Daimler, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Jaguar Land Rover, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
  • More information about ACEA can be found on www.acea.be or www.twitter.com/ACEA_eu.
  • Contact: Cara McLaughlin, Communications Director, [email protected], +32 485 88 66 47.

About the EU automobile industry

  • 14.6 million Europeans work in the auto industry (directly and indirectly), accounting for 6.7% of all EU jobs.
  • 11.5% of EU manufacturing jobs – some 3.7 million – are in the automotive sector.
  • Motor vehicles account for €440.4 billion in taxes in major European markets.
  • The automobile industry generates a trade surplus of €74 billion for the EU.
  • The turnover generated by the auto industry represents over 7% of EU GDP.
  • Investing €60.9 billion in R&D annually, the automotive sector is Europe's largest private contributor to innovation, accounting for 29% of total EU spending.