EU Fleets Law Could Provide Over Half the EV Sales Carmakers Need in 2030 — New Research - CleanTechnica

A new study by Transport & Environment (T&E) highlights that the proposed EU law mandating large companies to electrify their vehicle fleets could supply 57% of the electric vehicle (EV) sales needed by carmakers to meet 2030 EU CO2 targets—if fleet electrification targets are significantly increased. Currently, the European Commission’s proposal sets a 45% EV target for large company fleets, which T&E argues is insufficient and would only secure 37% of the needed EV sales. T&E’s analysis suggests raising this target to 69% and excluding plug-in hybrids (PHEVs) would drive demand for about 2 million new EV sales, benefiting major manufacturers like BMW, Volkswagen, and Volvo. The report criticizes the Commission’s proposal for allowing large companies to lag behind the overall EV market in most member states, undermining the law’s potential as a demand driver. It cites Belgium’s successful tax reforms on company cars, which boosted corporate EV registrations to 54