EU jobs could rise with electric company car transition
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Transport & Environment (T&E) found that pushing for electric company cars across the European Union could create 344,000 jobs by 2030.
The study connected job growth to setting targets for companies to switch to electric vehicles and restricting financial support to only those cars manufactured in EU countries.
A strong transition, with 69% of new corporate fleet cars being electric by 2030, would generate the most jobs and economic gains, reaching €48 billion in economic gains and €38 billion in investments. Germany and Poland would likely benefit the most from this shift. Germany could see an increase of 134,000 jobs, while Poland could add 38,500 jobs, particularly in battery production where output could more than double to 81 GWh by 2030.
Sofie Grande y Rodriguez, Clean Fleets Policy Manager at T&E, stated that lawmakers have an opportunity to use company car regulations to boost Europe’s automotive competitiveness. T&E also warned that the EU must compete with China by ensuring strong demand for electric vehicles and prioritizing those made in Europe, as Volkswagen could gain 56,300 jobs from the regulation alone.
