From boom to brake: Is the e-mobility transition stalling?

After two consecutive years of CO₂ emission drops – driven by the EU CO₂ standards –  2022 has seen both a stagnation of emission reductions and a slowdown of electric car sales. With little regulatory incentive for carmakers to scale up electric vehicle production over the coming decade, policymakers risk putting the brakes on Europe’s e-mobility boom. Weak targets in the 2020s not only threaten the achievement of EU countries’ climate goals, but also put at risk European industrial competitiveness, leaving the door open for Chinese carmakers to capture the mass market for BEVs.