Electric car choice is expanding rapidly thanks to EU clean car targets, but weakening the 2030-35 targets would put affordable models and Europe’s position in the global EV race at risk. European drivers are gaining access to a rapidly expanding range of more affordable electric cars, protecting drivers from Europe’s … [continued]
As negotiations on the Industrial Accelerator Act (IAA) progress, a joint letter by T&E, European Metals and RECHARGE calls on the integration of primary and recycled battery grade materials, as well as critical midstream components like pCAM and AAMs. The IAA is a first strong first step towards Europe’s industrial … [continued]
Dear President von der Leyen, Dear Executive Vice-President Séjourné, Dear Commissioner Šefčovič, Dear Commissioner Hoekstra, By 2021, Europe started to get serious about trying to establish a European battery value chain. European companies invested billions based on promises by EU leaders that their factories were essential to Europe’s future resilience … [continued]
Why battery incentives in the Industrial Accelerator Act (IAA) are essential and achievable. Europe’s battery value chain has experienced several setbacks over the past years. Yet, it doesn’t start from scratch. The Industrial Accelerator Act (IAA) must provide the boost needed to materialise and scale projects. T&E shows how incentives … [continued]
A new super-sized electric truck from the company Scania is hitting the road in Norway. Photo courtesy of Scania.
“Don’t weaken CO2 standards for trucks,” European businesses urge the EU, as they signal strong demand for electric Dear President of the European Commission Ms Ursula von der Leyen, Dear Executive Vice-Presidents, Dear Commissioners, We are writing as European businesses and organisations committed to the decarbonisation of heavy-duty vehicles (HDVs). … [continued]
Imagine buying an electric van for your business, then discovering the cable connecting it to the grid won’t be installed for another ten years. That, roughly, is the position Europe’s ports and airports are in today. Brussels has told them, by law, to electrify but the grid needs to follow. … [continued]
Made-in-EU requirements for all battery components would secure cell demand and investments in midstream production. New analysis on the feasibility of cell and cathode requirements¹, finds that by 2030 sufficient amounts of Made-in-EU cells will be available for the IAA scope — including corporate and private EVs falling under a … [continued]
Understanding how Residual Values have evolved and what has driven the change over the last years. What is happening to EV depreciation? At first sight, BEVs appear to retain lower residual values than other powertrains. However, the analysis shows that this headline gap is partly driven by temporary market dynamics, … [continued]
Diesel drivers in Europe are paying €32 more at the pump than at the beginning of the war in Iran. As Europe’s leaders meet in Brussels to discuss how to tackle the energy crisis, the case for EVs has never been clearer, says T&E. EV drivers are paying, on average, … [continued]
Depreciation estimates impact leasing and financing deals, leaving EVs often overpriced. Accurate estimates should make leasing companies, carmakers and governments accelerate the EV shift, says T&E. Electric cars are retaining their value better than the leasing industry claims, new T&E analysis shows. This has major implications for potential buyers and … [continued]
