This new study by Christian Berggren and Per Kågeson for T&E provides a comprehensive study of benefits and challenges for Europe to electrify its vehicle fleet.
Receive them directly in your inbox. Delivered once a week.
Backed up with a wealth of compelling evidence it shows that reaching 50 per cent of all new cars by 2030 is possible, but requires considerable efforts and investments from EU regulators, but also industry and EU member states: The EU will need massive investments in battery production capacity and a long-term commitment to sustainable supply of critical materials.
Electrifying half the vehicle fleet by 2030 would only raise the demand for electricity by around 4 per cent – this can be met with increasingly cheap renewables, but local grids and charging infrastructure have to be upgraded in many EU member states. A credible, union-wide regulatory framework based on an increasingly stringent Zero Emission Vehicle (ZEV) target needs to be established from 2025 onwards in order to drive supply and make EVs cost-competitive and available across Europe.
T&E's reaction to Ursula von de Leyen’s election as European Commission president for a second five-year term
EU EV sales continued to grow but not in Germany
In the whole EU, the number of BEVs sold grew by just 1.3% but excluding Germany the increase was 9.4%
The auto industry can become a lead market for low-carbon steel production in Europe if lawmakers set content requirements.