“Only Volkswagen and Volvo well on their way to European EV target”

Of the major active carmakers, only Volkswagen and Volvo are well on their way to meeting their ambitious electrification goals. This is stated by the European Federation for Transport and Environment (T&E). Other brands also have electrification plans, but these are not concrete or feasible enough, according to the research.

Transport & Environment, which is committed to green mobility in Europe, examined the electrification plans of the largest car manufacturers active in Europe in the relevant study. A pure EV builder such as Tesla is therefore not part of this and is of course also not relevant for this study.

Of all the ‘mainstream’ players, only Volvo and Volkswagen appear to be well on their way with the current plans to achieve the goals set by themselves and the EU. Until now, the EU seems to dictate that at least 30 million EVs must be on the road by 2030, but in the meantime many car makers go a step further by saying that they only want to supply fully electric cars in Europe by or around 2030. However, according to T&E, this is only plausible in a limited number of cases. According to the organization, only Volvo and Volkswagen come up with concrete plans that should make the ambitious goal achievable.

The research gives each car maker an ‘EV Readiness Index’ score, based on, among other things, current plans, the predictions for 2025 and the plans that the carmaker in question communicates itself regarding the magical year 2030. According to this Index, Renault is the first to follow. Volvo and Volkswagen, followed by Hyundai and Kia.

“Only Volkswagen and Volvo well on their way to European EV target”

Ambition is missing

Then come the large car manufacturers who, based on this research, are not sufficiently heading for a green future. According to the researchers, Stellantis, Daimler, Jaguar Land Rover and BMW even lack a clear ambition. According to them, BMW and Daimler also rely too much on hybrids, something that of course also applies to the latter and hybrid builder Toyota. That Japanese brand does not yet have a target for 2030 and is counting on a ten percent EV share for 2025. T&E thinks too little.

Ford is still highlighted for its clearly stated ambition to exclusively supply EVs in Europe by 2030, but according to T&E the brand does not succeed enough to make those plans credible. The researchers even state that by 2025 only 13 percent of Fords will be fully electric.

Other findings

Nevertheless, a clear growth can be observed in the number of EVs. For example, the researchers expect that 3.3 million EVs will be built in the 27 EU countries by 2025, compared to 1 million this year. This increases the share of fully electric cars from 7.4 to 24.2 percent. By 2030, the 50 percent barrier will be broken and 6.7 million fully electric cars are expected to be built here.

For plug-in hybrids, T&E expects the peak to arrive in 2026. Then 12 percent of European production is a plug-in hybrid, after which the fully electric car should slowly make the PHEV disappear into the background.

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