The European Parliament has approved the new CO2 emissions reduction targets

The European Parliament has approved the new CO₂ emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package.

The European Parliament with 340 votes in favor, 279 against and 21 abstentions. The members endorsed the deal reached with the Council on revised CO₂ emission performance standards for new cars and vans in line with the EU’s increased climate ambition.

The new legislation sets the path towards zero CO₂ emissions for new passenger cars and light commercial vehicles in 2035 (an EU fleet-wide target to reduce CO₂ emissions produced by new cars and vans by 100% compared to 2021). Intermediate emissions reduction targets for 2030 are set at 55% for cars and 50% for vans.