Europe enjoys record €60bn EV investment surge ahead of stricter car CO2 rules

Michael Holder
clock • 4 min read

Europe overtook China for government and industry investment in electric cars and batteries last year, analysis suggests

Europe secured a record €60bn-worth of investment from governments and industry to produce electric vehicles and batteries last year, with stricter CO2 targets helping attract higher sums for zero emission...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Study: EV sales surging in UK's key car export markets

Study: EV sales surging in UK's key car export markets

Iran oil price shocks is prompting more drivers in key markets to switch to electric models, with new data showing EV sales across the EU are up by a third on last year

clock 18 September 2026 • 4 min read
'Huge vote of confidence': Nissan commits £170m to build new hybrid model in Sunderland

'Huge vote of confidence': Nissan commits £170m to build new hybrid model in Sunderland

Auto giant to manufacture new Nissan Kicks electric hybrid for customers in UK and Europe at Wearside plant

Stuart Stone
clock 16 September 2026 • 3 min read
EZO secures €150m backing to roll out more than 3,000 EV charge points

EZO secures €150m backing to roll out more than 3,000 EV charge points

EV charge point operator to install thousands of charge points across the UK, following major investment

Stuart Stone
clock 16 September 2026 • 3 min read