A new T&E briefing sets out how targeted support can help middle and low-income households to access EVs.
This briefing argues that social leasing is an ideal measure to support the low and medium income drivers who will be most affected by the likely increase in fuel price linked to the EU emissions trading system (ETS2). In it, T&E recommends that EU member states incorporate social leasing in their national Social Climate Plans and finance them with their broader national ETS2 revenues.
But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs.
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.
In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South ri...