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What does the EU's plan for the auto industry mean for the EV transition?
This presentation by Lucien Mathieu, Cars Director at T&E, provides a critical analysis of the EU Automotive Package. While Europe is currently on a trajectory of 25% annual growth in electric vehicle (EV) sales, the new proposal threatens to stall this momentum.
Key insights include:
How proposed flexibilities—including fuel credits, green steel credits, and 2030 target averaging—could lead to EV stagnation and keep combustion technology alive long past its expiration date.
An analysis of the "missing" 22 million BEVs and the resulting 720 million tonnes of extra CO2 emissions if the standards are weakened.
How the proposed corporate fleets targets would mean stagnation in 7 markets and turn the corporate sector into an EV market follower rather than a leader.
T&E’s roadmap to fix the proposal, including removing fuel credits, limiting small BEV supercredits to small Made-in-EU BEVs, and increasing the ambition for corporate BEV uptake.
Watch to understand the high stakes of the EU's car CO2 standards and what is needed to keep the European automotive industry competitive and on track for 2035.
