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13. The number of credits that a large or intermediate volume motor vehicle manufacturer must accumulate for a particular model year is determined by means of a percentage of the average of its sales and leases of new motor vehicles for the same model year, using the following equation:

Nc = P × A

where

Nc = the number of credits that the motor vehicle manufacturer must accumulate;

P = the percentage of the average of the sales and leases of new motor vehicles of the manufacturer for the model year concerned;

A = the average of the sales and leases of new motor vehicles of the manufacturer for the model year concerned.

For the purpose of calculating the number of credits that must be accumulated by a motor vehicle manufacturer for a particular model year, the average of its sales and leases of new motor vehicles is obtained by adding the number of new motor vehicles sold or leased by the manufacturer for each of the 3 consecutive model years the last of which precedes by 1 model year the model year for which the number of credits must be determined, and by dividing the total by 3.

The value of the percentage referred to in the first paragraph is determined in the table below, based on the model year concerned by the calculation.

Model year | Value of the percentage (P) |

2018 | 3.50% |

2019 | 6.50% |

2020 | 9.50% |

2021 | 12.00% |

2022 | 14.50% |

2023 | 17.00% |

2024 | 19.50% |

2025 | 22.00% |

2026 | 32.50% |

2027 | 45.00% |

2028 | 60.00% |

2029 | 75.00% |

2030 | 85.00% |

2031 | 91.00% |

2032 | 95.00% |

2033 | 97.50% |

2034 | 99.00% |

2035 and subsequent | 100.00% |

13. The number of credits that a large or intermediate volume motor vehicle manufacturer must accumulate for a particular model year is determined by means of a percentage of the average of its sales and leases of new motor vehicles for the same model year, using the following equation:

Nc = P x A

where

Nc = the number of credits that the motor vehicle manufacturer must accumulate;

P = the percentage of the average of the sales and leases of new motor vehicles of the manufacturer for the model year concerned;

A = the average of the sales and leases of new motor vehicles of the manufacturer for the model year concerned.

For the purpose of calculating the number of credits that must be accumulated by a motor vehicle manufacturer for a particular model year, the average of its sales and leases of new motor vehicles is obtained by adding the number of new motor vehicles sold or leased by the manufacturer for each of the 3 consecutive model years the last of which precedes by 1 model year the model year for which the number of credits must be determined, and by dividing the total by 3.

The value of the percentage referred to in the first paragraph is determined in the table below, based on the model year concerned by the calculation.

Model year | Value of the percentage (P) |

2018 | 3.50% |

2019 | 6.50% |

2020 | 9.50% |

2021 | 12.00% |

2022 | 14.50% |

2023 | 17.00% |

2024 | 19.50% |

2025 and subsequent | 22.00% |

In force: 2018-01-11

13. The number of credits that a large or intermediate volume motor vehicle manufacturer must accumulate for a particular model year is determined by means of a percentage of the average of its sales and leases of new motor vehicles for the same model year, using the following equation:

Nc = P x A

where

Nc = the number of credits that the motor vehicle manufacturer must accumulate;

P = the percentage of the average of the sales and leases of new motor vehicles of the manufacturer for the model year concerned;

A = the average of the sales and leases of new motor vehicles of the manufacturer for the model year concerned.

For the purpose of calculating the number of credits that must be accumulated by a motor vehicle manufacturer for a particular model year, the average of its sales and leases of new motor vehicles is obtained by adding the number of new motor vehicles sold or leased by the manufacturer for each of the 3 consecutive model years the last of which precedes by 1 model year the model year for which the number of credits must be determined, and by dividing the total by 3.

The value of the percentage referred to in the first paragraph is determined in the table below, based on the model year concerned by the calculation.

Model year | Value of the percentage (P) |

2018 | 3.50% |

2019 | 6.50% |

2020 | 9.50% |

2021 | 12.00% |

2022 | 14.50% |

2023 | 17.00% |

2024 | 19.50% |

2025 and subsequent | 22.00% |