The EU Clean Corporate Vehicles Regulation: The Industrial & Economic Benefits of “Made-in-EU” Electric Company Cars
New Fraunhofer ISI modeling demonstrates that implementation of the EU's Clean Corporate Vehicles Regulation (CCVR) could generate up to €48 billion in value creation and create 344,000 jobs by 2030. The regulation sets binding minimum targets for zero- and low-emission vehicle (ZLEV) adoption among large companies' new car registrations, supporting the development of a "Made-in-EU" electric vehicle industry.
Key points
- EU CCVR projected to create €48B in value by 2030
- 344,000 jobs expected from regulation implementation
- Incentivizes zero and low-emission company vehicle adoption
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