Transport & Environment (T&E)’s Post

NEW: Electric cars are expected to reach up to 24% market share in 2025, giving carmakers a clear path to comply with EU clean car rules, new T&E analysis shows. While some manufacturers call for flexibility over their CO2 targets, forecasting suggests that BEVs will contribute 60%, on average, of the CO2 reduction that carmakers need to achieve for the EU emissions targets next year. Modelling based on sales in the first half of 2024 and sales forecasts shows an expected rapid growth in EV sales over the next year. This will be partly driven by seven new fully electric models under €25,000 which have arrived or are coming on the market in 2024 and 2025. European Commission President Ursula von der Leyen confirmed in July that the zero-emissions car target will go ahead in 2035. Last week the German government ruled out watering down the 2025 target. It’s time for carmakers to go all in on BEVs, while EU and national lawmakers should do more to support EV demand with policies such as corporate fleet targets, charging masterplans and social leasing schemes. Read the full report at the link in our comments. #ElectricCars #CleanCarRules #CarCO2Targets

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