Daimler Truck and Iveco Lag Behind EU CO2 Targets

Five of Europe’s seven leading truck makers—Scania, Volvo Trucks, Renault Trucks, DAF, and MAN—are on track to meet the EU’s 15% CO2 reduction target for 2025, according to the International Council on Clean Transportation (ICCT). Scania and Volvo achieved this goal in 2023.
Daimler Truck (-14%) and Iveco (-7%) remain behind schedule. Daimler cannot rely on pooling agreements to offset emissions, while Iveco must significantly increase electric truck sales to around 1.5% of deliveries to avoid EU penalties.