European car makers are probably using their call for 40 billion euros (US$55 billion) of loans from the European Union to develop green vehicles as a lever to enter talks with the regulator regarding CO2 legislation, analysts say.
The loan, which has been widely dismissed as unlikely to be granted, also brought to the fore the high costs involved in cutting vehicle emissions.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/eu-car-loan-call-puts-spotlight-co2-costs
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/planet-ark-australia
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vehicular-pollution
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/transport
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cars
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/european-union-eu
