<ul><li>The EU should refrain from “punitive” fines on carmakers that fail to meet emissions standards, says the German chancellor.</li><li>Olaf Scholz made the comments after meeting fellow EU leaders in Brussels.</li><li>The carmakers that fail to meet emissions targets face fines of €95 for every gram of CO2 above the target.</li><li>The European Automobile Manufacturers’ Association argues that the fines could hinder the industry's transition to electric and zero-emission vehicles.</li></ul>

EU should spare carmakers from ‘punitive’ emissions fines, says Scholz

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