Low-emission mobility report (DOWNLOAD the report)
In line with its commitment, the EU has pledged to cut its greenhouse emissions from the economy to 20% below 1990 levels by 2020 and to achieve a further 55% reduction by 2030. Meanwhile, the “European Green Deal” adopted in December 2019 aims to achieve “climate neutrality” by 2050, which means that at least the same amount of greenhouse gas emissions will be absorbed (e. g. by vegetation) or captured by industrial installations.
Naturally, the emission reduction plan also includes the automotive sector.
These are very serious challenges for the car industry and it will be very expensive to replace entire generations of cars.
However, there can be no assurance that initiatives of automakers will be sufficient to achieve the emission targets and, hence, to popularise new drives. Potential roadblocks include the absence of charging and fuelling infrastructure as the existing one remains insufficient.
More about the future of the automotive industry in the PZPM, KPMG and SSW report.