28 March 2024: Revised US emission timelines support higher for longer PGM demand : 28 March 2024: Revised US emission timelines support higher for longer PGM demand: The United States has finalised its vehicle emission reduction targets for 2032. These targets are unchanged from those proposed in April 2023, however, the interim thresholds leading up to the 2032 targets have been made more lenient. This follows a growing global trend of concessions on emission reduction timelines which cumulatively extends the role of ICE vehicles mainly through hybrid technology, which supports higher for longer ICE demand for PGMs.
Platinum Perspectives
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