About: http://data.cimple.eu/news-article/d617a7c4ebb3672fde25f44c8c08fdaac6590ca6215eb5a1d461e556

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/d617a7c4ebb3672fde25f44c8c08fdaac6590ca6215eb5a1d461e556 Goto Sponge Distinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	German auto giant Volkswagen is unlikely to meet EU emissions targets until 2022, its chief executive said Friday, which could result in hefty fines. In an interview with German business weekly WirtschaftsWoche, Herbert Diess said the VW group was working "flat out to get as close as possible" to selling enough environmentally friendly vehicles to reach the bloc's climate targets. "Next year it will be easier, and from 2022 we shouldn't have any more problems achieving the fleet targets," he said. Under new European Union legislation that came into force this year, manufacturers' fleets of newly-sold cars must emit on average less than 95 grammes of CO2 per kilometre, on pain of fines from 2021. To meet the goal, carmakers across the industry must massively increase their sales of electric and hybrid cars. If they fall short of the carbon targets, carmakers risk fines that could run into hundreds of millions of euros (dollars). Diess said the VW group -- which includes the Audi, Porsche, Skoda and Seat brands -- "started relatively late" to convert its conventional fleet to lower-emissions vehicles, despite knowing that the targets were looming. But he warned against a further tightening of green regulation, saying that VW's pivot to electric could not be sped up much before 2025, "because there are not enough batteries". Last month, Diess told the Financial Times that VW would be within "a gramme or so" of complying with the EU's tough new pollution limits. The company has pledged to invest more than 35 billion euros ($42.6 billion) in developing battery-electric vehicles over the next five years. The environmental challenge comes at a difficult time for the CEO of one of the world's largest carmakers, who is looking to extend his contract amid a reported boardroom power struggle. Diess hopes to install his choices for chief financial officer and chief purchasing officer, but faces opposition from powerful works council leader Bernd Osterloh. "My contract runs until 2023. And I plan to fulfil this contract," Diess said, confirming that the situation was "not easy" and the next few months would be "crucial". German rival Daimler said in October that it was within "striking distance" of the EU emissions targets, while BMW has said it expects to meet them. edf/mfp/wai
schema:headline	VW set to miss EU emissions targets: CEO
schema:mentions	Financial Times EDF Energy Porsche Chief financial officer Hybrid electric vehicle USA Gymnastics BMW Greenhouse gas Pain Chief executive officer European Union United States Wirtschaftswoche Works council Henri Skoda Herbert Diess Striking Distance Volkswagen Group Daimler AG Carbon dioxide equivalent
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-12-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	77 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software