PEP Library
Thought Leadership

The EU Rethinks Their Aggressive Passenger Car CO2 Rules

Full Post
Why BEV market share—not sales volume—matters most for EU CO₂ targets amid stricter rules, stalled growth, and industry-wide compliance challenges.

Pickering Energy Partners presents a new thought leadership piece by Dr. Graham Conway, analyzing the critical role of market share over sales volume in meeting the EU’s ambitious CO2 emissions targets for passenger cars. This report highlights the challenges automakers face as BEV market share stagnates and offers insights into the EU’s regulatory adjustments.

Key Takeaways:

  • Stagnating BEV Market Share: Despite rising BEV sales, EU market share dropped from 15.5% in 2023 to 14% in 2024, jeopardizing 2025 CO2 target compliance.
  • Regional Disparities: High-adoption countries like Norway (83%) lead, while Italy (4%) and Eastern Europe lag due to weak infrastructure and incentives.
  • Policy Adjustments: The EU’s 2025-2027 extended compliance period and ZLEV credits aim to ease fines, but demand-side barriers persist.
  • Technology-Agnostic Need: A focus on tailpipe emissions overlooks hybrids and life-cycle emissions, risking market distortion and innovation.
The EU Rethinks Their Aggressive Passenger Car CO2 Rules

Timeframe

Add to calendar

Location

No items found.

Connect

No items found.

Sponsored

PEP Library

Explore Our Latest Insights

Visit page
Visit Library post
Why BEV market share—not sales volume—matters most for EU CO₂ targets amid stricter rules, stalled growth, and industry-wide compliance challenges.
Visit page
Visit Library post
A rough month. Energy was the worst subsector in an incredibly choppy market.
Visit page
Visit Library post
Matador Resources is cutting 2025 drilling plans and capital spending by $100 million amid lower oil prices, while keeping flexibility to adjust production and rig count based on market conditions.
Visit page
Visit Library post
Despite plunging oil prices and investor jitters, seasoned energy investors remain cautiously optimistic, seeing long-term value as Trump pushes for energy dominance and OPEC raises supply.
Visit page
Visit Library post
U.S. tech giants are driving a global shift in climate compliance, pressuring energy and manufacturing sectors to meet stricter European sustainability standards.
Visit page
Visit Library post
Join hosts Josh Lowrey and Dan Pickering on the Energy In Transition Podcast, the premier voice for all things related to the energy transition..
Visit page
Visit Library post
Despite Energy Secretary Chris Wright’s assurances of a Trump-era “green light” for U.S. oil production, the sharp decline in Liberty Energy and oilfield service stocks signals deeper trouble for the shale industry amid weak crude prices, trade tensions, and dwindling demand.
Visit page
Visit Library post
Bad things are happening, fear is high and sentiment is awful.
Visit page
Visit Library post
Texas oil jobs at risk as market reels from Trump tariffs
Visit page
Visit Library post
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
Visit page
Visit Library post
Explore how the latest 2025 tariffs could drive up vehicle prices, disrupt global supply chains, and reshape the future of the U.S. automotive industry.
Visit page
Visit Library post
A guide to how energy companies are refining their investor messaging to capitalize on sustainability progress, strengthen trust, and drive long-term value creation.
Visit page
Visit Library post
An analysis urging the energy sector to maintain focus on sustainability and ESG principles despite political shifts, emphasizing the volatility of independent voters and global regulatory trends.
Visit page
Visit Library post
U.S. natural gas producers and investors are ramping up activity in Louisiana’s Haynesville shale basin as rising LNG export demand and new project approvals drive expectations of a supply boom.
Visit page
Visit Library post
What’s driving oil prices in 2025 — market shifts, forecasts, and what traders should watch.

Upcoming Events

June 4 - 6 | Colorado Springs, CO
Visit page
Sept. 29 - Oct. 1 | Austin, TX
Visit page
Ready to get started?
Contact our specialized teams at PEP for more information.