Europe’s automotive sector is under transformation, but the EV transition remains on track and offers the only viable path for climate and industry.
Carmakers are well on track to meet their three-year 2025-2027 targets after the Commission granted early 2025 a big concession to delay the 2025 target. These targets are already delivering results, pushing EV prices down and bringing affordability closer to a tipping point.
That tipping point will be reached between 2026 and 2030, as BEVs have potential to achieve price parity with ICEs across all segments, unless CO2 targets are weakened in 2030. From then on, carmakers with the right products and industrial capacity will be positioned for strong EV growth, putting the 2030 car CO₂ target well within reach.
Backtracking on the 2030 and 2035 target would delay uptake, raise costs, and leave the EU behind in the global EV race. It would also create regulatory and market uncertainty at the very moment long-term clarity is needed to unlock investment in EVs, e-components and batteries –putting jobs, investment, and long-term climate and industrial policy credibility at risk.
