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Global EV
Outlook 2023
Catching up with climate ambitions
Policy support for electric heavy-duty
vehicles
New EU CO2 standards for trucks and buses could be a
step-change
The European Commission released proposed revisions of the regulation on HDV
emissions in February 2023. The scope of the proposed regulation includes
smaller trucks, city buses, long-distance buses, and trailers, to cover 95% of
sectoral emissions, up from about 70% currently. This demonstrates a step-up in
ambition: the International Council on Clean Transportation (ICCT) estimates that
the new regulations could achieve sectoral emissions reduction of over 75% by
2050 relative to 2020.
The revisions would increase targets for CO2 emissions reductions to 45% by
2030 relative to 2019, 65% by 2035, and 90% by 2040. Furthermore, all city buses
should be ZEVs by 2030. Compliance will be measured separately for passenger
(bus and coach) and freight vehicles via a system of credits and debts settled at
the end of five-year periods between 2025 and 2040. Additionally, the definition of
ZEV applied is changing, increasing from 1 gCO2 per vehicle-km to
5 gCO2 per tonne-km (tkm) to allow for dual fuel. Trading between economically
linked entities (e.g. between brands at the same parent company) is allowed to
help meet targets. The minimum range of long-haul trucks is defined as 350 km,
and financial penalties are applied for non-compliance.
Several European Union member countries are strengthening sup
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