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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData’s analysis suggests that low oil prices will lead to a longer waits for the reduced fuel costs offered by electric vehicles (EVs) to amortize their higher purchase prices. Higher prices at the pumps mean EVs make up their extra purchase cost sooner, while lower fuel prices see ICE cars remain cheaper than EVs for longer.

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Electrification gaining momentum in fleet vehicle industry – Charged EVs

Baua Electric

The electrification of commercial vehicles, including trucks, buses and fleet vehicles, is gaining significant momentum globally. According to a report by Smart Energy Decisions , there were more than one million electric vehicles (EVs) in commercial and government fleets in the United States as of 2021, up from just over 300,000 in 2019.

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European Parliament proposes 40% cut in new car CO2 by 2030; acceleration of sales of electric and low-emission cars

Green Car Congress

Members of the European Parliament (MEPs) approved a proposal which would set a higher target for reducing EU fleet-wide emissions for new cars by 2030 of 40% (compared to the EU Commission’s 30%; year of reference 2021) with an intermediate target of 20% by 2025. Similar targets are set for new vans.

CO2 278
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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

Green Car Congress

Fleet-wide fuel economy gains produced large fuel savings. Second, the full effects of fuel economy improvements are conditional on how consumers value fuel economy in their vehicle purchase decisions and whether the improvements made have been cost effective or not. the rebound effect).

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UK sells its millionth electric car, fleet market drives BEV demand | Autocar Professional

Baua Electric

The increase was driven entirely by the fleet market, which rose by 29.9%, while private retail uptake fell -15.8%. Fleets accounted for more than six in 10 (63.2%) new cars registered, up from just over half (52.7%) last year. However, while fleet and business demand for BEVs grew by 41.7%

Fleet 52
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Euro Parliament committee backs revised CO2 standards for cars and vans; zero-emission road mobility by 2035

Green Car Congress

Under the approved proposal, carmakers would be required to cut their average fleet emissions by 20% in 2025, compared to 2021, by 55% in 2030, and by 100% in 2035. In addition, purchasing and driving zero-emission cars will become cheaper for consumers. This regulation encourages the production of zero- and low-emission vehicles.

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Mercedes-Benz Cars aims to cut vehicle CO2 emissions by 50% over lifecycle by end of this decade

Green Car Congress

To achieve this goal, the key factors include: electrifying the vehicle fleet; charging with green energy; improving battery technology, an extensive use of recycled materials; and renewable energy in production. Additional CO2 savings are expected to be achieved through further measures—i.e.,

Mercedes 186