Greening corporate fleets: an industrial and social policy for Europe

(Transport and Environment, 7 May 2024) T&E position paper on the European Commission public consultation.

With the new CO2 emission standards for cars, vans, and trucks set in stone, Europe’s automotive industry is on a pathway towards 100% zero-emission vehicles (ZEV). Creating strong demand over the coming years across the Union will be key in making this transition successful.

In February 2024, the European Commission opened a public consultation on Greening Corporate Fleets and if the EU should set mandatory ZEV targets for this market. Large fleets present a huge opportunity to boost demand for made-in-EU ZEVs, generate investments in the EU’s battery supply chain, and accelerate the much needed emission cuts in the transport sector in a socially fair manner.

Today 60% of new cars are registered by companies, of which the majority are owned by large corporations. Also most new vans and trucks are purchased by big fleets. Large companies – who have better access to capital and benefit from corporate tax breaks – should lead Europe’s transition to zero-emission transport.

External link

Transport and Environment, 7 May 2024: Greening corporate fleets: an industrial and social policy for Europe