On 5th of March, the European Commission introduced a new plan to support the transport industry while promoting sustainability. A key focus is encouraging the move to zero-emission vehicles (ZEVs) with various incentives and initiatives. This includes improving battery health and making repairs easier, helping to build trust in electric vehicles (EVs).
The Commission is also looking to change CO2 regulations for cars and vans. If approved, manufacturers will have more flexibility, meeting emissions targets over three years (2025-2027) instead of annually. This would allow them to balance lower and higher emissions across different years while still achieving the 2025 goals.
Supporting Corporate Fleets in the Transition to EVs
As part of its wider sustainability efforts, the European Commission has introduced a plan to help businesses reduce emissions from their vehicle fleets.
Last year, a consultation looked at the possibility of introducing new rules for corporate fleets, including rental and leased vehicles. However, no decision has been made yet. Discussions with industry experts will begin in the second quarter of 2025 to explore market needs and possible regulations.
The report also highlights tax incentives that encourage businesses to switch to electric vehicles, with Belgium being an example of best practice. It also points out the challenges in the rental sector, such as the need for better charging infrastructure at airports. Additionally, the Commission is considering changes to VAT rules to reduce tax benefits for petrol and diesel cars, helping to speed up the transition to electric models.
Making Zero-Emission Vehicles More Accessible
Making greener transport more affordable is a key challenge. To help with this, the European Commission plans to introduce social leasing schemes for both new and used electric vehicles (EVs). This will be part of the upcoming Recommendation on Transport Poverty, expected in early 2025. The aim is to include these schemes in national plans under the Social Climate Fund, making sustainable transport more accessible for everyone.
Although these changes are happening in the EU, they could also influence policies and incentives in the UK. Efforts to make electric vehicles (EVs) more affordable and attractive may have an impact on the wider market.
We’ll continue to share key updates that could affect your choices in the UK. Keeping up with these developments can help you make informed and cost-effective decisions about switching to an EV or exploring new options. If you’re thinking about making the switch to an EV, get in touch with our team today.
