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Circular Automotive Not Realistic With Loopholes And Low Ambition, Warns EuRIC After ENVI-IMCO Votes
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Circular Automotive Not Realistic With Loopholes And Low Ambition, Warns EuRIC After ENVI-IMCO Votes
This week’s joint ENVI/IMCO vote on the End-of-Life Vehicles Regulation (ELVR) is a welcome step towards a more circular automotive industry in Europe. However, while progress has been made, EuRIC warns that low targets, loopholes, and legal uncertainties risk holding back the investments and market confidence needed to scale Europe’s circular economy in practice. The Parliament’s committees agreed on a reduced recycled content (RC) target for…
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