The number of EU member countries that have a CO2-based form of car taxation has increased to 17, according to figures from the European car makers association Acea.
The figure is up from nine in 2006, and the latest two countries to join the group are Germany and Latvia. Fifteen of the 18 offer cash incentives for buying electric cars. T&E says the trend is hardly surprising, especially with the EU’s cars/CO2 regulation now agreed.
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...