In this report T&E analyses investments in European electric vehicle and battery production in 2019.
With societies months-long in confinements and factories shut, the COVID-19 pandemic has gravely impacted economies across Europe and beyond. 2020 was touted as the year of the electric car in Europe and early 2020 showed record plug-in sales. But has the COVID-19 crisis killed off the electric car momentum that was finally gaining pace in response to EU emissions regulations?
If the EU holds firm on the 2035 target, the European auto industry has a real chance to be competitive global EV players.
EU's Clean Corporate Vehicles Initiative
Car, aviation and shipping industries would require 2-9 times the advanced biofuels that can be sustainably sourced in 2050.