The stringency of EU car CO2 emission standards has been severely undermined by the growing gap between type approval and real world CO2 emission values. Almost half the emissions savings achieved on paper by new vehicles in the EU since 2001 have only been managed in the lab.
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...