CO₂ emission regulations drive change in the European automotive sector amid economic challenges and uncertainty

The European automotive industry is entering a period of unprecedented change shaped by emissions reduction regulations and sustainability ambitions at a time when strong global competition along with economic and regulatory pressures are increasing uncertainty.  Uwe Zimmer, Infineum Industry Liaison Strategy Advisor, explores how, against this backdrop, OEMs are working to meet upcoming EU carbon reduction targets, which are driving the market towards electrification, in a market where consumer demand for full electric vehicles appears to be waning.