The European Union could create up to 344,000 additional jobs and attract €18 billion in extra investment by 2030 by accelerating the electrification of corporate vehicle fleets and restricting financial incentives to electric cars manufactured in Europe, according to a study by Transport & Environment (T&E), Clean Technica reported.
The study argues that combining EU-wide electrification targets for large corporate fleets with financial support limited to low- and zero-emission vehicles made in Europe could strengthen the region’s automotive industry and expand its electric vehicle supply chain. Even under a moderate scenario, the proposed measures could generate 196,000 additional jobs.
Under the EU’s proposed Clean Corporate Vehicles Regulation, electric cars would account for at least 45% of new vehicle sales in large corporate fleets by 2030. T&E said the strongest economic benefits would emerge if financial support for company cars were restricted to eligible low- and zero-emission vehicles manufactured in Europe from January 2028.
In a more ambitious scenario, electric vehicles could account for 69% of new car sales in large corporate fleets by 2030. This would raise the estimated economic gains from €28 billion to €48 billion and increase investment from €20 billion to €38 billion, alongside the creation of 344,000 additional jobs.
Germany and Poland are expected to benefit significantly. Germany could account for 134,000 additional jobs, representing 39% of the projected EU-wide employment gains, while Poland could add approximately 38,500 jobs.
Sofie Grande y Rodriguez, clean fleets policy manager at T&E, said company cars could accelerate the transition to electric mobility while supporting employment and strengthening Europe’s automotive competitiveness. She warned that weakening the proposed Made-in-EU requirements could reduce incentives for manufacturers to locate production within Europe, adding that retaining the planned 2028 implementation date would be important for protecting jobs.
The study also highlights the potential for the regulation to support European vehicle manufacturers as they expand electric vehicle production. It cites Volkswagen as an example, estimating that the proposed measures could generate up to 56,300 additional direct jobs at the company by 2030, compared with its plan to cut 35,000 jobs over the same period.
Beyond vehicle assembly, the policy could stimulate investment across the battery manufacturing and electric vehicle supply chains. In Poland, battery cell production capacity could increase from 31 GWh to 81 GWh by 2030, more than doubling under the study’s projections. Of the estimated 38,500 additional jobs in the country, 82% could be generated in the battery sector.
T&E said Europe already manufactures a substantial share of its electric company cars but needs stronger demand commitments to support investment in battery plants and other manufacturing facilities. It argued that linking financial incentives to European-made electric vehicles could help reduce dependence on dominant global suppliers, particularly China, while strengthening the region’s industrial base.
The study concludes that faster corporate fleet electrification, combined with incentives favouring European-made vehicles, could serve as a significant driver of investment, employment and competitiveness in the EU’s automotive industry.
