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.
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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.
Interactive dashboard: which countries have the greenest tax systems?
Yearly publication analysing and comparing the car taxation systems across 31 countries in Europe.
The tax incentives in Germany to steer companies towards electric cars are amongst the weakest in Europe and three times lower than in France. Poland,...
The T&E Good Tax Guide for cars
The T&E Good Tax Guide is a yearly publication (3rd edition) that analyses and compares the car taxation systems across 31 countries in Europe.