The arrival of electric cars will not be enough to decarbonize the French automotive sector. Although sales of electric cars are expected to increase, they will not meet the decarbonization targets set by the national low-carbon strategy.
Alstom partners with Export Development Canada (EDC) to finance sustainable mobility projects up to €2.3 billion. This strategic partnership promotes investment in clean mobility worldwide, reinforcing Alstom’s position as a global leader in the field.
Driveco is raising €250 million from APG to expand from 8,000 to 60,000 electric vehicle charging points by 2030, targeting retailers such as Carrefour, hotels, schools and hospitals.
France has passed the milestone of 100,000 electric charging stations installed on its territory, catching up with its European neighbors. Although hailed as an achievement, the question of maintaining such a network and deploying fast charges remains, as these are still largely in the minority.
The German Volkswagen Group plans to revitalize its Skoda brand, which has been hit by component shortages and a drop in deliveries in 2022. To achieve this, Skoda is banking on the release of new electric models, but is not planning a radical electric shift, keeping an eye on the prospects for its combustion vehicles abroad.
The EU imposes a minimum rate of “green” fuels for aircraft, with a gradual increase to 70% by 2050, to reduce polluting emissions from air transport. Sustainable fuels” include synthetic fuels, renewable hydrogen and biofuels.
Electric car sales are expected to account for 18% of the global market this year, leading to a reduction in oil demand, according to an IEA report. The main markets for electric cars are China, the United States and Europe, but the trend is growing in other countries.
The transition to electric vehicles will be gradual, with the arrival of used EVs. Charging infrastructure, home systems, and automaker transformations are key to increasing electric vehicle adoption.
Walmart plans to install thousands of electric vehicle charging stations in its stores by 2030 to bolster the existing network of charging stations. The initiative aims to build customer loyalty by allowing them to recharge their cars while shopping.
The Japanese auto industry is late to the electric segment, a risky choice for the future despite their current dominance in hybrids. If Japanese automakers do not react quickly to pro-electric regulations, some may eventually disappear.
