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41%- Expected growth of EV market by 2027.

  Electric Mobility is no longer a futuristic concept or a what-if scenario. There are already more than 10 million electric vehicles (EVs) on the world’s roads today and this number will grow above and beyond a hundred million within the current decade.

Electric cars are not only transforming the way we get from A to B, electric mobility is playing a vital role in the fight against climate change and is one of the driving forces behind governments’ efforts to reach long-term climate goals.

Europe strives to be the first climate-neutral continent by 2050, this goal was formalized back in 2019 by a set of policy initiatives known as the European Green Deal. In that same year, our mobility monitor research showed that while 60 percent of the general population felt that reducing CO2 emissions was personally important to them, only 10 percent said to be familiar with the European Green deal.

A lot has happened after the initial announcement of the EU Green Deal and new developments are just around the corner. However, with all these impactful developments in a time where it can feel like there is simply too much going on to keep track of; this article is meant to inform you about the current status of the EU Green Deal, the Fit for 55 Package, and what this new legislation will mean for EV drivers.

Climate change:

Before diving into the more complicated topic of EU legislation, let’s first take a step back and look at why battling climate change is important in the first place. It all boils down to this: The gradual gathering of greenhouse gases in the atmosphere –by, for example, burning fossil fuels– leads to the heating of the planet's surface and, in turn, impacts the environment. By rapidly cutting emissions of greenhouse gases we can lessen the risks of dangerous climate change.

Transport emissions:

According to the IEA, transportation is responsible for 24 percent of direct CO2 emissions from fuel combustion and this percentage has been steadily rising by 1.9 percent every year since 2000.

Luckily, governments across the globe have already started implementing policies to put global emissions into sustained decline over the next few years, such as zero-emission vehicle (ZEV) mandates and CO2 emissions standards.

In 2019 transport emissions “only” increased by 0.5 percent, and this improvement is partly owed to the electrification of transport.

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