On June 8, the European Parliament approved a transcendental measure for the automobile industry. Europe will ban the sale of cars powered by a thermal engine, including hybrids, from 2035. The fight against emissions in transport materializes in this way, a proposal previously promoted by the European Union Environment Commission. Although what this vote does is corroborate a reality that many manufacturers had already internalizedIt won’t be like that for everyone. The Amendment 121 will allow some be saved from this bann.
MEPs meeting in Strasbourg in plenary session on June 8, 2022 voted in favor of a 100% reduction in CO emissionstwo for new vehicles sold in the European Union from 2035. The measure still needs to be approved by governments of each of the member states so that it can enter into force. It is about banishing thermal technologies, including hybrids, from the market and favoring 100% electric ones, which are currently the only ones sufficiently developed to meet the criteria and deadlines set by this law.
The Parliament validated this proposal of the European Commission published in July 2021, making some modifications to it that were proposed through amendments. One of them allows some very high-end manufacturers benefit from an exemption.
Amendment No. 121 is already known as “Ferrari amendment”. It was largely supported by Italian MPs who wanted to defend the supercar manufacturers that are the pride of their auto industry. With it opens the way that exempts brands that register between 1,000 and 10,000 units per year (or between 1,000 and 22,000 light commercial vehicles) to comply with the prohibition established by the EU.
More specifically, until December 31, 2035, the text offers these companies the option of file a waiver request of CO emission quotastwo imposed by European regulations. In the initial version of the text, the end of this special regime was scheduled for December 31, 2029. The current rule does not mention the duration of the exception that would be granted to these manufacturers. Therefore nothing is known about the period during which these manufacturers could continue to offer thermal mechanics after 2035. It should be noted that their models they should probably be electrified to comply with the future environmental standard Euro 7, which promises to be very restrictive in terms of gas emissions.
The brands that are “saved”
Precisely, currently the amendment ferrari it does not affect Ferrari, which in 2019 exceeded 10,000 annual registrations (11,155 sales in 2021). The Maranello firm could decide to revise this number down to benefit from an exemption, but it would seem incompatible with the commercial objectives linked to the imminent launch of its first electric SUV, the Thoroughbred.
alpine and lotus They could also be on this list, but both brands have already announced that they will go “zero emissions” by the end of this decade. Some prestigious brands like Porsche, Bentley or Maserati they also sell more than 10,000 cars per year and are therefore not affected. In addition, the last two will stop manufacturing thermal cars long before 2035 (at least in Europe as far as Maserati is concerned).
Therefore, eliminating these manufacturers from the equation, the main builders that will be able to benefit from it are:
- Aston Martin (6,178 registrations in 2021).
- Lamborghini (8,405 registrations in 2021).
- McLaren (2,138 registrations in 2021).
- Rolls-Royce (5,586 registrations in 2021).
And with less than 1,000 registrations?
The specialized, almost artisanal manufacturers who sell less than 1,000 cars per year they are not affected by this new draft EU regulation and will therefore continue to benefit from their current exemption from compliance with EU quotas, even if the draft is adopted in the state. These brands include, among others:
A symbolic impact
Given the low sales figures of manufacturers that produce fewer than 10,000 cars a year, and the generally low frequency of use of these vehicles that are sold at sky-high prices, the impact of these on CO emissionstwo it is very very limited.
Put into perspective, in 2021 and throughout the European territory, approximately 10 million cars were sold in this territory in 2021 and 280 million vehicles circulate on its roads every year.