Sep 13, 2023 · 7 min read · news
Transportation has long been a significant contributor to Europe's carbon footprint. The European Environment Agency highlights that it accounts for nearly two-thirds of the EU's oil consumption and approximately 30% of its total greenhouse gas emissions. The new regulation aims to drastically cut down on CO2 emissions and sets ambitious targets of reducing them by 55% for new cars and 50% for new vans by 2030 compared to 2021 levels. The new law also fits into the EU's broader strategy, integrating cleaner transport modes, promoting the 'Fit for 55' policy, and ensuring the expansion of the public charger infrastructure for electric vehicles.
Historically, one of the main concerns of potential EV buyers has been range anxiety — the fear that their vehicle's battery would run out of charge without a nearby station to recharge. The European Parliament's latest decision ensures that by 2026, drivers will have extensive access to public charging stations throughout Europe:
What’s even more notable is the focus on Central and Eastern Europe, regions that might have lagged in EV adoption. This move promises a balanced and widespread charging infrastructure, ensuring no European region is left behind.
The move away from fossil fuels is not just an environmental decision; it's an economic one as well. With Europe speeding up its transition to electric vehicles, there's a clear shift in the economic dynamics of the automotive sector. Traditional car manufacturers who currently rely on petrol and diesel engines must re-imagine their production lines and strategies. At the same time, new players in the EV market have the chance to establish themselves as leaders. Furthermore, with the rising demand for EVs, there's potential for job creation in areas such as electric vehicle production, charger manufacturing, and infrastructure development. Europe is facing a significant economic transformation, with the potential to emerge as a global player in the EV industry.
The accelerated shift towards EVs presents both exciting possibilities and potential concerns for most drivers.
The increased focus on electric vehicles is basically calling for technological innovation, especially in the case of batteries and charging mechanisms. We can expect batteries that charge faster, last longer, and use less energy. Better charging infrastructure won't just mean more charging stations; it will also make charging faster and more convenient. Also, as the competition gets tougher, car manufacturers will try to make cars with better performance, features, and safety that are powered by the latest technology.
And software innovations play an equally important role. Advanced vehicle software systems are essential in optimizing battery performance, enhancing vehicle diagnostics, and facilitating real-time communication between vehicles and charging infrastructures. Moreover, with the rise of interconnected devices, car manufacturers are investing in new software solutions that offer drivers intuitive user interfaces, personalized driving experiences, and enhanced security against cyber threats.
But what does this mean for businesses, especially those that are managing fleets? Fears about range anxiety and battery life have started to go away as electric vehicle technology is rapidly advancing. Yet, the challenges surrounding efficient fleet management, charging infrastructure optimization, and ensuring a seamless transition to EVs remain.
That’s where Volteum steps in. Volteum offers an all-in-one solution, streamlining electric vehicle fleet management. From eliminating the risk of running out of charge to easing range anxiety for drivers, our platform ensures optimal electric fleet operations. Our mission aligns seamlessly with the European Union’s goals, working towards a future where electric vehicles are operated just as efficiently as traditional ones, without the environmental cost.
In conclusion, the European Parliament’s latest decision might seem bold to some, but it’s a clear indication for the future of transportation. Companies, governments, and consumers are becoming more and more conscious of the need for sustainable solutions, and electric vehicles are at the forefront of this movement. Businesses that are agile, forward-thinking, and ready to join this electric revolution will not only benefit from a reduced carbon footprint but also tap into an evolving and expansive market. As we move closer to the 2035 ban on new petrol and diesel cars, the expanding charging infrastructure is becoming a reality across Europe, and the road ahead for electric vehicles looks promising.