Bloomberg Law
May 19, 2020, 3:04 PM

Electric Cars Set to Get Boost in Europe’s Green Recovery Plan

Ewa Krukowska
Ewa Krukowska
Bloomberg News

The European Commission is set to promote a shift to electric vehicles as part of greening the economic recovery plan.

  • EU executive is considering incentives for car makers to produce and sell clean cars and investment in charging infrastructure for electric vehicles, according to a draft EU document seen by Bloomberg News
  • “Massive support for the automotive industry will put significant debt on future generations,” the commission said in the document. “That support must respect our youth’s expectations on climate change and for a healthier and cleaner future.”
    • Commission may propose an EU-wide Purchasing Facility for Clean Vehicles, that reduces ...