Net Zero Investment Plan
Area 5: Invest in ‘Made-in-Europe’ manufacturing (14.9%)
Efficient processing methods, increased R&D funding for sustainable battery development, support for EV and battery manufacturing, and refurbishment or manufacturing of zero-emission trains are vital for advancing the e-mobility industry in Europe, promoting sustainability, innovation, and economic growth.
Investment Areas
Manufacturing Priorities
Processing
Research & Development
EV Manufacturing
Battery Manufacturing
Zero Emission Trains Refurbishment
Zero Emission Trains Manufacturing
- Processing
Efficient and sustainable processing methods are integral to the preparation of raw materials for manufacturing components central to the emobility industry, such as batteries. This encompasses transforming raw materials – via various processes – into the specific forms required for producing batteries and other components. Ensuring the environmental responsibility of these processes is paramount for establishing a stable and ethical supply chain for the EV sector.
- Research and Development
Funding is essential to advance battery R&D for e-mobility. Transitioning away from per- and polyfluoroalkyl substances (PFAS) is imperative for achieving full sustainability and futureproofing the industry. R&D funding, particularly for PFAS alternatives and battery development, is crucial for driving innovation and improving environmental performance. Strategic investment in R&D to consolidate European technology champions will enhance the competitiveness of European industries in the global market.
- Support for EV & 22. Battery Manufacturing
The development of battery production is crucial for reducing European industry’s dependence on Asia and the USA. Additionally, it presents an opportunity to create attractive employment opportunities. Supporting the growth of battery manufacturing not only strengthen Europe’s industrial base but also fosters innovation and economic growth. By investing in EV and battery manufacturing, Europe can become a leader in sustainable transportation and create a booming ecosystem of green technologies. In addition, it offers an opportunity to create attractive employment opportunities.
- Zero-Emission Trains: Refurbishment or 24. Manufacturing
The lack of rolling stock in Europe presents a significant barrier to expansion, particularly for new market entrants and operators seeking to launch innovative rail services. Refurbishing, retrofitting and manufacturing new rolling stock that meets the evolving needs of passengers, such as comfortable night trains and high-quality internet connectivity, is essential for accelerating behavioural change and promoting the widespread adoption of zero-emission trains. It is worth mentioning that the European Smart and Sustainable Mobility Strategy rail objectives are set at doubling by 2030 and tripling by 2050 high-speed rail traffic and increasing by 50% by 2030 and doubling by 2050 rail freight traffic. Achieving these ambitious goals, which are interlinked with the completion of the EU TEN-T rail network and the EU 2040 emissions reduction target, will require a considerable increase in the EU’s production capacity of (very) high-speed and freight rolling stock by 2050.