EV-a2zEV-a2z
Notification Show More
Aa
  • News
    • EV Type
      • BEV
      • HEV
      • PHEV
      • FCEV
    • System
      • EV
      • Battery
      • Charging Infra
    • Veh. Type
      • Bike
      • 3 Wheeler
      • Car
      • Bus
      • Truck
      • Aircraft
    • Country
      • United States
      • United Kingdom
      • Australia
      • India
      • China
      • Germany
      • Japan
      • Canada
    • Company
      • Tesla
      • BYD
      • General Motors
      • Ford
      • Toyota
      • Volkswagen
      • Hyundai
      • Stellantis
    • Energy
      • Solar Energy
      • Wind Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Search
© EV-a2z. All Rights Reserved.
Reading: European Union’s 2050 net zero target in jeopardy as EV uptake challenges
Share
Aa
EV-a2zEV-a2z
Search
  • News
    • EV Type
    • System
    • Veh. Type
    • Country
    • Company
    • Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Follow US
EV-a2z > News > European Union’s 2050 net zero target in jeopardy as EV uptake challenges
News

European Union’s 2050 net zero target in jeopardy as EV uptake challenges

EU faces challenges in its electric vehicle transition, with high costs and inadequate charging infrastructure threatening its 2050 carbon neutrality goal.

EV-a2zm
Last updated: 2024/05/08 at 10:10 AM
EV-a2zm Published April 23, 2024 4 Min Read
Share
4 Min Read
BMW iX1 in EV Autoshow at Sydney Showground
BMW iX1 in EV Autoshow at Sydney Showground
SHARE

The European Union’s external auditor urged the bloc to reevaluate its policies to make the proposed sales ban on new petrol cars by 2035 feasible as electric vehicles remain expensive and alternative fuels are still “not credible.”

Contents
EU’s goalsCall for the EU to reevaluate plans to ban gas car sales Challenges

EU's 2050 net zero goals at risk as EV rollout faces setbacks – The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles (EVs) remain unaffordable and alternative fuel options are not credible https://t.co/CxqNd9anqI

— Charles Ellinas (@CharlesEllinas) April 23, 2024

Unfortunately, it would compromise the EU’s 2050 climate goals.

EU’s goals

The EU aims to become carbon neutral by 2050, with electric vehicles serving as the key weapons to achieve this target. According to Reuters, the 27-member bloc aims to boost its electric vehicle uptake as the transportation sector currently accounts for almost one-quarter of its overall emissions.

EU's 2050 net zero goals at risk as EV rollout faces setbacks https://t.co/iWPiIn68nm pic.twitter.com/VX5zryxXFV

— Reuters (@Reuters) April 22, 2024

In addition, the EU aims to register at least 30 million zero-emission vehicles (ZEVs) in the region by the decade’s end. This figure accounts for approximately 12% of the EU’s current fleet. 

Despite the EU’s push for carbon neutrality, the  European Court of Auditors (ECA) urges the bloc to reconsider its policies to make its targets more feasible and secure for the local industry.

Call for the EU to reevaluate plans to ban gas car sales 

European Court of Auditors (ECA) member Annemie Turtelboom warned that the EU may develop new economic dependencies and damage its own automotive industry with its proposed policies to achieve its ambitious 2050 climate goals.

Due to high production costs, the bloc may have to lean on cheap imports (especially from China) to meet its 2035 EV goals. It is unsurprising, given that China currently contributes 76% of electric battery output globally. In contrast, the EU only accounts for under 10%.

Therefore, ECA’s Turtelboom is urging the EU to reassess current policies, adding that 2026 will be a crucial year for the bloc for policy reconsideration.

“The EU faces a conundrum, how to meet goals without harming industrial policy and hurting consumers.”

Annemie Turtelboom, an ECA member, told reporters

Challenges

American electric automaker Tesla has been leading the electric vehicle industry in the US and Europe. However, the intensifying competition brought on by Chinese companies’ cheap electric vehicles prompted the company to cut prices.

Other European automakers, including Stellantis and Renault, announced plans to launch affordable offerings to remain competitive in the rapidly growing market.

However, the sales growth in the EU is only largely due to government subsidies. In addition, the lack of charging infrastructure continues to discourage people from joining the shift to electric mobility. As per the report, 70% of the charging stalls in the region are concentrated in Germany, France, and the Netherlands. The EU is reportedly behind in its goal of deploying 1 million charging stations across the region. 

“(EV) prices would need to halve, and subsidies do not seem to be a viable tool … Batteries alone already costs 15,000 euros when produced in Europe.”

Annemie Turtelboom, an ECA member, told reporters

Moreover, biofuels, e-fuels, hydrogen, and other alternative fuels are still uneconomic commercially. The ECA also noted that the bloc has not reduced real carbon emissions from the transportation sector despite launching new testing standards (like Euro 6.)

“Despite lofty ambitions and strict requirements, most conventional cars still emit as much CO2 as 12 years ago.” 

ECA member Nikolaos Milionis

All that said, the EU must listen to the ECA’s warning for it to succeed in its electric vehicle and carbon neutrality targets. It may need to reassess its policies to make its 2035 gas car sales ban feasible amid the ongoing market challenges.

You Might Also Like

Hyundai reveals battery suppliers of its EV models amid fire concerns

Uber boss casts doubt on Tesla’s Robotaxi vision

Tesla secures direct sales license in Kentucky

CATL launches showroom of EV models powered by its batteries in China

Tesla Semi to hit European roads

TAGGED: Carbon Neutrality, Electric Vehicle, EU, Europe, EV
EV-a2zm May 8, 2024 May 8, 2024
Share This Article
Facebook Twitter Flipboard Whatsapp Whatsapp LinkedIn Reddit Email Copy Link

Follow US

Find US on Social Medias
Facebook Linkedin Twitter

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Popular News
Komatsu Truck
News

GM, Komatsu partner to develop a hydrogen fuel cell-powered mining truck

EV-a2zm By EV-a2zm December 13, 2023
Tesla shares fell 28%, since CEO Elon Musk’s Twitter acquisition
Tesla announces plans to invest $1B in Dojo Supercomputer, aiming for 100 exaflops by 2024
Tesla may soon partner with Samsung for autonomous driving chips, report says
Faraday Future finally begins production of its FF 91 model in California
- Advertisement -
Ad imageAd image

Tags

Australia (197) Autonomous Driving (110) Battery (805) BEV (71) BMW (105) BYD (319) Canada (74) CATL (84) Charging Infrastructures (360) China (749) Electric Truck (72) Electric Vehicle (4971) Elon Musk (324) Europe (466) EV (5090) EV Sales (169) Ford (180) Full Self-Driving (94) General Motors (118) Germany (134) Gigafactory (90) Honda (74) Hyundai (156) India (268) Japan (82) Kia (92) Lithium (74) Lithium-ion Battery (79) Mercedes Benz (83) NIO (101) Nissan (77) Renewable Energy (91) Rivian (76) Solar Power (99) Stellantis (117) Tesla (1564) Tesla Cybertruck (101) Tesla Model 3 (151) Tesla Model Y (178) Tesla Superchargers (90) Toyota (154) UK (150) USA (1518) Volkswagen (183) Volvo (76)

About Us

Your definitive guide to the electric vehicle and renewable energy transition, offering insights, news, and analysis on EVs and green energy trends.

Top Menu

  • News
  • Reviews
  • Listicle
  • EV Sales
  • FAQ

Resource

  • Policy/Standard/Regulation
  • Glossary
  • Books
  • Expo
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EV-a2zEV-a2z
© EV-a2z. All Rights Reserved.
  • About EV-a2z
  • Terms
  • Privacy
  • Cookie Policy
  • Contact
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Newsletter Tesla red
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?