The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than only one, to meet new CO2 emission targets for their cars and vans. The EU significantly lowered its cap on automotive carbon dioxide emissions this year,

In effect, the changes will mean that carmakers can miss the target this year as long as they outperform in the next two.

The European Commission has extended the deadline for automakers to meet new CO2 emission targets from one year to three. This decision offers temporary relief to European car manufacturers who must increase electric vehicle sales to meet these standards and avoid fines.

The European Commission yielded to pressure from European automakers on Monday by giving them three years, rather than just one, to meet CO2 emission targets in 2025 for their cars and vans. Francis Maguire reports.

European Commission President Ursula von der Leyen proposed granting car manufacturers more time to comply with stricter climate targets on Monday, as the sector struggles with disappointing electric vehicle sales and competition from outside the bloc.