Weak climate rules put Europe’s battery boom at risk
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
Joint letter in support of the Corporate Clean Vehicles Regulation
MEPs should hit the accelerator on fleet electrification, not the breaks
‘Carspreading’ to wipe out up to 14% of on-street parking in European cities – study
A new study analyses the relentless growth of newly sold cars across all key dimensions.
Ever-bigger? Car size at a crossroads
The impacts on safety, space and resource use if carspreading continues to go unchecked.