AUSMAH Monitors the Automotive Market

By 2025, every major automaker in the European Union is expected to offer a full lineup of electric vehicles.

Renault-Nissan and Volkswagen have already announced that they will stop producing new generations of internal combustion vehicles entirely after 2026.

A number of European countries have already introduced bans on the sale of new combustion-engine cars: Norway (starting 2025), the Netherlands, Denmark, Sweden, Iceland, Ireland and Slovenia (starting 2030), with Scotland set to ban combustion engines from 2032, the UK from 2035, and France announcing plans to ban sales of new combustion-engine cars starting in 2040.

In December 2019, the European Commission approved a “Green Deal” that calls for one million public charging stations for electric vehicles to be operational by 2025, up from around 140,000 today. This charging infrastructure is expected to support more than 200 million electric vehicles.

The European Union continues to tighten environmental requirements for motor vehicles: CO2 limits for passenger cars, set at 130 g/km when they took effect in 2015, will drop to 95 g/km by 2021 and to 59 g/km by 2030. In other words, vehicle emissions are set to be cut by more than half compared to current levels by 2030. According to AUSMAH’s experts, these new measures mean that more than 40 percent of cars sold in Europe will need to be electric by 2030.

Between 2025 and 2035, the entire automotive industry is expected to shift fully toward electric vehicle production, a transition all major automakers are already preparing for.