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Microcap & Penny Stocks : The FR REFR Thread -- Ignore unavailable to you. Want to Upgrade?


To: firstresponder who wrote (62)12/30/2024 8:35:40 PM
From: firstresponder1 Recommendation

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tinknocker

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From Mercedes Blog, on M-BCEO Ola Kallenius to the European Automobile Manufacturers’ Association (ACEA) 9/27/24:


Ola Kallenius, Mercedes CEO, said Mercedes “cannot ignore customer preferences” and that this has led to a drop in demand for electric cars... ACEA petitioned the European Commission on September 15 to revise emission limits in response to the shrinking market for electric cars. Currently, emission rules on the fleet of vehicles sold set a limit of 95 g/km CO2 in 2025, down from 106.6 g/km CO2 in 2023. Under these conditions, manufacturers have only two options: either stop production of some 2 million cars with conventional engines or pay fines totaling €13bn."

Well, for starters, in 2023 they could have been equipping their ICE vehicles with the smart glass that Continental Corp said in 2016 could reduce emissions by up to 4 grams/kilometer. Not a complete solution, but certainly a step in the right direction.