Following the entry into force of the 2020/21 EU car CO2 standards, electric cars (EVs) have entered the mass market much faster than previously expected, reaching 10.5% of new sales last year, and leading to an unprecedented drop in CO2 emissions of new cars.
Under the new proposal, announced as part of the the EU’s Fit for 55 package, carmakers will have to reduce by 55% the climate damaging CO2 emissions from their new cars sold from 2030, before going 100% emissions-free from 2035 onwards. But the current target for 2025 remains unchanged, meaning limited progress in EV production before 2030.
Read our briefing to see what this proposal means and how it should be improved.
Uphold the European Green Deal
The Commission must champion the Green Deal as a strategy for hope, resilience and fairness. Now is the moment to lead with courage – and to invest in...
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.