Euro V emission standards will increase the production cost of diesel engines

It is reported that the European V emission directive aimed at reducing emissions from passenger cars and light commercial trucks will be officially implemented in Europe in June 2008. Chinese auto emission expert Xu Pullin said that the relevant content of the heavy-duty trucks in the European V emission directive has been discussed and passed, and the relevant provisions of passenger cars and light commercial trucks are still under discussion. Relevant personnel of the Automotive Working Group of the European Automobile Industry Association's Beijing Representative Office also confirmed that the working group has not yet received a notice that all the contents of the Euro V Directive have been discussed and adopted.

It is understood that the goal of the Euro V Directive is to reduce the particulate matter emissions of diesel passenger cars by 80%, the reduction of nitrogen oxides by 20%, and the reduction of nitrogen oxides and hydrocarbon emissions of gasoline passenger cars by 25 per cent. %. For gasoline vehicles, the Euro IV and Euro III directives for nitrogen oxides are not more than 80 mg and 150 mg per km, respectively; hydrocarbon Euro IV and Euro III emission directives are not more than 100 mg and 200 mg per km, respectively. According to the European Commission's assumption, after the implementation of the European V Directive, the exhaust emission standards for passenger cars (including SUVs) weighing more than 2.5 tons will no longer be implemented in the light commercial trucks, but will be stricter. The European Commission will also strictly require the installation of particle traps for longer effective use. The European Commission has proposed to complete the approval of the new car model within 18 months after the official implementation of the Euro V Directive. All new cars must meet the standard within 3 years. The directive has now been submitted to the European Parliament and EU member states for discussion.

It is also known that the Euro IV emission directive has just been officially implemented in Europe recently. In response to this directive, many car companies expressed their views. The Financial Times quoted Gil Michael, vice president of technology and sales at Peugeot Citroé¾™n, as saying that the increased cost of diesel engines would lead buyers to buy gasoline-powered passenger cars, thereby increasing greenhouse gas emissions. Conducive to environmental protection. At the same time, the Euro IV directive will increase the production cost of diesel engines by hundreds of euros, and diesel vehicles may face severe challenges. Du Fangci, an automotive expert, believes that the implementation of the new emission directives has a greater impact on the production costs of diesel vehicles. This is because in order to meet the emission requirements of the Euro IV directive, in addition to improving the level of diesel engines, diesel vehicles must be equipped with particle traps. These will increase production costs. It is reported that Peugeot's implementation of Euro IV standards will increase the cost of producing each diesel vehicle by 180 euros; the cost of Volkswagen's diesel vehicles may increase by 300 euros. The person in charge of Nissan Europe said that it will stop producing diesel cars in Europe.

Due to the support of preferential tax policies and the continuous improvement of engine technology, the production and sales volume of diesel vehicles in Europe have increased significantly in the past 10 years. The market share of diesel vehicles in the Western European market increased from 22.6% in 1995 to around 50% in 2005.

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