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Plan to promote the value chain of the automotive industry

2020MitigationPolicyPlanMore details
Sectors: Transport
This document promotes the modernisation, decarbonisation and digitisation of the automotive sector in the country. It is based on five pillars: 1) Renewal of the vehicle fleet towards a more modern and efficient one, 2) Investments and regulatory reforms to boost competitiveness and sustainability, 3) Research, development and innovation for new challenges, 4) Taxation to boost the competitiveness of the sector, and 5) Measures in the field of training and professional qualification. 

The document details extra spending for 1) the MOVES programme, including on public transport, charging points, shared electric bikes schemes, 2) replacing state's car fleet to zero-emission vehicles, 3) research in sustainable mobility, 4) scrap old cars to buy ecologically-friendly new cars, and 5) training in transport-related new technologies.

Main document

Plan to promote the value chain of the automotive industry
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  • Carbon neutrality by 2050Economy-wide · Target year: 2050
  • Achieve 340000 electrical vehicle charging by 2030 and 830000 by 2040Transport · Target year: 2040
  • Reach an annual production of at least between 700,000 and 800,000 electrified vehicles (pure electric and plug-in)Transport · Target year: 2030
  • Build 50,000 electrical vehicle charging stations by 2023Transport · Target year: 2023

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.