EU Car Production Can Return to Post-Crisis Peak — New Study - CleanTechnica

A new report by the green group Transport & Environment (T&E) finds that Europe’s automotive industry can return to its post-2008 crisis production peak of 16.8 million cars annually by 2035 if the EU maintains its 2035 zero-emission vehicle target and implements stronger industrial and demand policies. These policies include electrification targets for corporate fleets and support for EU-made electric vehicles (EVs) and batteries. Under this scenario, the automotive value chain’s economic contribution would grow by 11% by 2035, with job losses in traditional vehicle manufacturing offset by the creation of over 100,000 new battery manufacturing jobs by 2030 and 120,000 charging infrastructure jobs by 2035. The EU’s battery production capacity could increase from 187 GWh today to 900 GWh by 2030, and the charging sector’s economic output could nearly quintuple to €79 billion by 2035. Conversely, weakening the 2035 zero