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Rapid Transition to Electric Company Cars Could Generate 344,000 EU Jobs by 2030 — Study
Setting targets on companies to go electric and limiting financial support only for company cars that are electric and Made-in-EU would see economic gains of €20 bn and boost investments by €18 bn EU-wide electrification targets for large…
AI Summary
A new T&E study finds that setting EU-wide electrification targets for large corporate fleets and restricting fiscal incentives to electric, Made‑in‑Europe company cars could generate €20 billion in economic gains and attract €18 billion of additional investment. Under the full‑scenario projection, the policy would create about 344,000 jobs in Europe’s economy and automotive sector by 2030. Even a moderate scenario would still produce roughly 196,000 new jobs. The analysis links the job and investment boost directly to the combined effect of fleet electrification targets and the limited financial support for EU‑made electric vehicles.
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