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Volkswagen meets European CO2 emissions targets -Breaking

© Reuters. FILE PHOTO – A brand new Volkswagen logo is revealed at Volkswagen headquarters Wolfsburg on September 9, 2019. REUTERS/Fabian Bimmer/File photo

BERLIN (Reuters). Volkswagen (DE) said Monday that its 2021 carbon dioxide emissions were about 2% below the European targets of 118 grams per kilometre. These preliminary numbers are based on data the company released Monday.

Volkswagen stated in a statement that 472,300 electric cars were sold in Europe, Norway, and Iceland between 2021 and 2021. This is 64% more than the year before.

From 10.1% in the previous year, 17.2% of total vehicle sales was made up by battery-electric or hybrid vehicles.

BMW and Daimler (OTC-:) both claimed preliminary figures that showed they also met European emission targets. However, neither of them has provided specific numbers.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.