Briefing

Weak climate rules put Europe’s battery boom at risk

June 8, 2021

Europe’s surging EV market has resulted in plans for 38 battery gigafactories, totalling over 1000gWh of output and almost €40bn in investment.

Yet, weak CO2 standards between 2022 and 2029 give carmakers little incentive to increase the sales of electric cars until 2030. This could result in well over half of the expected output having no market. This is a missed opportunity to boost Europe’s economy and secure thousands of skilled jobs.

Related Articles

View All
Briefing

EU's Clean Corporate Vehicles Initiative

How corporate fleets can boost demand for Made-in-EU EVs
Press Release

120 pigs per car: oil lobby’s EU biofuels loophole could see unsustainable demand for animal fats and used cooking oil

Car, aviation and shipping industries would require 2-9 times the advanced biofuels that can be sustainably sourced in 2050.

Report

Biofuels in cars: A dead end for Europe

Allowing a biofuels loophole in the EU 2035 cars law would bring total European demand to 2-9 times what can be sustainably sourced, new T&E research ...