In addition to the car industry, the new Euro 7 emissions regulation will significantly affect up to 15 % of the economy, while it may reduce the performance of the Czech economy by 2 to 3 %. The changes will affect up to 700,000 employees and self-employed persons. Many of them will have to go through retraining or reorient their business activities.
The analysis of the Chamber of Commerce of the Czech Republic (HK) also shows that the unavailability of cheap commercial vehicles and trucks can increase prices in retail and services by more than 5 %. In the Czech Republic, 30 % of cars sold belong to the category of small, affordable cars, which would cease to be produced as a result of the current Euro 7 proposal

Source: www.cianews.cz/en
Prepared by the team of CzechTrade Egypt