The European Union’s recent ruling to ban Internal combustion engine-powered new passenger cars beginning in 2035 is a feasible goal says market research firm Dataforce.
Joining the European Commission and the EU Parliament, the European Council voted that, beginning in 2035, new passenger car will no longer be allowed to emit CO2. In addition, the reduction target for 2030 was tightened from -35% to -50%.
Technologically, the issue comes down to battery-electric powertrains, says Dataforce. “Whether e-fuels / synthetic fuels can also contribute remains to be seen.” However, the EU’s ultimate compromise ruling allows sales of internal combustion engines in niches where the switch to e-mobility would lead to disproportionately high costs.
Bigger challenges lie ahead in the electrification of LCVs. “With the current state of technology, not all use cases can be covered. However, the industry has proven it can meet most such challenges,” according to Dataforce.
The EU’s decision encourages needed investment in the expansion of charging infrastructure, securing of raw materials and battery recycling.