LTHM - A Look At The Impact Of Tightening Emission Standards Beginning 2020 And The Companies Who Will Benefit
This article first appeared in Trend Investing on November 20, 2019; therefore, all data is as of this date.
Europe and China will lead the way in reducing vehicle emissions in 2020, as governments tighten emission standard rules.
In Europe, fines could reach 34 billion euros (~US$37.5 billion) if car manufacturers don't rapidly reduce emissions. The new emission standards will hit Europe in just 6 weeks' time, starting January 1, 2020. The European Union emission targets are that CO2 must be cut to 95 gram per km for 95% of cars from the current 120.5-rhodium,