Volvo and Volkswagen are the only major carmakers in Europe primed for the switch to electric by 2030, concludes research by Brussels-based campaign group Transport and Environment (T&E).

assembly-line-worker
An employee at Toyota works on an assembly line in France in April 2020. (Photo by Francois Lo Presti/AFP via Getty Images)

The analysis from T&E concludes that most major carmakers operating in Europe lack ambitious commitments or robust plans to electrify their fleets.

Toyota, which sold no battery-electric vehicles (BEVs) in 2020, plans for only 10% of its EU sales to be BEVs by 2025 and has no target for 2030. Reaching climate neutrality in 2050 means phasing out the sales of all internal combustion engine vehicles in the EU by 2035 at the latest, the report warns.

For Europe to get to net zero, the report calls on European policymakers to increase the EU fleet-wide CO2 reduction target for new cars from 15% to at least 25% by 2025, and from 37.5% to at least 65% by 2030, compared with a 2021 baseline.

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By GlobalData