Carmakers have been lining up to show off their green credentials in recent times. But how realistic are their commitments?
Based on IHS Markit’s car production forecast, T&E has analysed current and future production plans of carmakers in Europe and assessed the coherence of their EV plans to see whether they are on track to meet the EU’s net zero ambition.
EU 2035 reversal won't make carmakers great again
Extending the sales of combustion engines would divert investment from EVs while China races further ahead
Some car execs suggest a return to the combustion engine will restore Europe’s competitiveness. They couldn't be more wrong.
If the EU holds firm on the 2035 target, the European auto industry has a real chance to be competitive global EV players.