In the EU all manufacturers have to announce their fleet emissions and car weights to the EU commission. They check these numbers and calculate the allowed amount of CO2 for the single manufacturer or a group of manufacturers (when they created a group solely for emission calculation) for the past year. So in 2023 all manufacturers announced their numbers for 2022, the commission EU calculates, waits for manufactutrers being late etc. Then they present a preliminary calculation to the manufacturers. Then they can respond to that, clear erros, etc. On 31. October at the latest, the numbers have to be fixed. So for 2022 the number were fixed in March 2024 and publicly announced in order 2024/865 in an official EU journal (called "Amtsblatt" in German), which I just finished reading. If the cars of a manufacturers produced more CO2 than allowed, they have to pay a fee of 95 Euro per gramm CO2 over the limit per registered car.
From 2025 on, you need to have a minimum percentage of 15% registrations (threshold) of ZLEVs (Zero or low emission vehicle) to gain 1% CO2 reduction on fleet emissions per 1% above the threshold. That will increase to a 35% threshold in 2030. Ineos has still none.
It will be interesting how and if the numbers will be calculated for Ineos in 2024/20205 for 2023, their first year in market. For 2023 and 2024 the "Supercredit" regulation applies, that means, from the first registered ZLEV you can reduce your fleet emission. by 7,5 Gramm CO2 per ZLEV. Ineos had none ZLEV.
Manufacturers which have new car registrations up to 2028 between 10,000 and 300,000 per year can ask for an exception in the way how their numbers get calculated (EU Order 2029/613, addendum I, 1-4 and 6.3). The percentage regulation (6.3 in EU Order 2019/613) from 2025 will also not apply to them.
Manufacturers which get less that 10,000 M1 and 22,000 N1 registered in the EU can ask to become a complete exception. But that also depends if their are part of an manufacturer group and if that group still is within these numbers or not. But that only applies up to 2028.
These regulations and the obligation to announce the emissions do not apply to manufacturers with less than 10,000 registrations of new cars with the EU.
AWo