A recent study conducted by Transport & Environment (T&E) highlights the potential consequences of scrapping the European Union's (EU) 2035 zero-emission car target. The report estimates that such a move could result in a staggering loss of 1 million jobs within the auto industry and diminish the sector's economic value by approximately 90 billion euros.
T&E emphasizes the need for the EU to uphold its commitment to the clean energy transition by maintaining the 2035 target and implementing policies that encourage domestic electric vehicle (EV) production. By doing so, the European automotive market could recover to pre-2008 crisis levels, producing 16.8 million vehicles per year, and create over 100,000 jobs in battery manufacturing by 2030.
With mounting pressure from U.S. tariffs and competition from Chinese manufacturers, the global automotive industry is facing significant challenges. The EU must navigate these obstacles while adhering to its ambitious zero-emission goal. By supporting domestic EV production and focusing on the clean energy transition, the region can preserve jobs, stimulate economic growth, and contribute to a sustainable future.
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