In spite of the environmental regulations and its impact on the automotive industry, we can see that it has brought a great impact on the automotive industry.
In reality, the automotive industry represents a major source of greenhouse gas emissions. Actually, it is producing around 15% of the CO2 emissions.
Generally speaking, the environmental regulations have set tight emission standards- especially in the large trading US regions.
In other words, it has made automotive developers- automakers to develop technologies that do comply with these new set regulations.
Additionally, environmental regulations are making a huge impact on the automotive industry. Simple as that.
Although the automotive industry is already implementing environmentally friendly solutions- still it turned that it’s not enough. There are far more aspects that should be taken into consideration.
Straight proportionally we have the emissions laws- as previously mentioned.