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Abby Yuan

Popular Electricity Strategy will accelerate the achievement of EU carbon emission targets by 2030

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Volkswagen CEO Walter Disney said the company may have to accelerate its plans for mass production of electric vehicles to achieve stricter greenhouse gas reduction targets for European cars than expected.

Recently, the European Union has agreed to cut car carbon dioxide emissions by 37.5% by 2030, which is stricter than the original EU proposal to reduce carbon dioxide emissions by 30%. EU negotiators also set an interim target of reducing carbon dioxide emissions from cars and trucks by 15% by 2025.

Earlier, Germany had warned that stringent emission reduction targets could lead to job losses and damage the automotive industry. Germany is the largest automobile country in the European Union, with automobile output value of about 423 billion euros ($480 billion) in 2017.

According to Disney, the 37.5% cut is more than 30% of Volkswagen's plan, so electric vehicle sales will account for more than 40% of Volkswagen's total sales by 2030 to meet emission requirements.

As an electronic auto parts supplier, Chongqing Feilong Jiangli will keep up-to-date information on new technologies and new energy industries.

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