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News That The EU Will Develop Carbon Credits For Electric Vehicles Rather Than Quotas

According to foreign media reports, sources said the EU proposed to promote the proposed electric car will avoid the quota system, replaced by the amount of carbon emissions. Car manufacturers can use carbon credits to offset emissions targets.

The source said the proposal is expected to be submitted on November 8 and will introduce new carbon dioxide emissions standards for cars and trucks by 2020 to help achieve the EU's reduction of greenhouse gas emissions by at least 40% by 2030 aims.

The European Commission's draft law will set a goal for passenger car manufacturers to reduce the average carbon dioxide emissions by 25-35 percent by 2030 and 30 to 40 percent for trucks, the source said.

The final data in this area will be decided by European Commissioners in the recent high-level discussions.

European carmakers have been lobbying to postpone the introduction of a rigorous emission testing system and hope that carbon dioxide cuts will be set at 20%, while calling for compliance with consumers to develop electric vehicles based on the understanding of electric vehicles.

However, the Volkswagen "Emissions Gate" incident, which broke out in September 2015, put pressure on EU regulators to impose more stringent control measures on the auto industry's emissions.

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