Chances of EU trucking industry hitting zero emissions targets are dire, says industry body
NegativeFinancial Markets
- The European trucking industry faces significant challenges in achieving zero emissions targets, with only 10,000 of the 6 million trucks in the EU being electric, primarily used for short routes. The industry body has expressed dire concerns about the current trajectory as the European Commission considers relaxing electric vehicle targets.
- This situation is critical for the trucking sector, which is under pressure to transition to greener alternatives. The lack of public charging infrastructure, insufficient tax incentives for electric trucks, and rising energy costs are major barriers that need urgent attention from policymakers.
- The broader context reveals a worrying trend within the EU's environmental policies, as recent proposals to loosen regulations on AI gigafactories and a potential rollback of the 2035 ban on petrol and diesel cars indicate a shift away from stringent environmental commitments. This raises concerns among environmental advocates about the EU's dedication to achieving its climate goals.
— via World Pulse Now AI Editorial System
