Detailed analysis reveals Greece is one of seven EU member states at risk of missing fundamental targets.
Eight other EU countries identified as showing leadership against European Commission automobility targets between now and 2030.
RSM urges countries to support businesses by prioritising “green automobility” to drive inward investment
Transitioning to Sustainable Automobility: Europe’s Pathway to a Greener Future
The European Union is embarking on a transformative journey towards sustainable automobility, a cornerstone of its broader environmental and economic ambitions. The recently released report, "State of Play: Sustainable Automobility," synthesizes extensive research across the EU, offering a comprehensive overview of the policy, technological innovation, and infrastructure developments driving this transition.
Drawing from detailed analyses of policies and developments across nations, this report elucidates the multifaceted approach required to navigate the challenges and harness the opportunities within the automotive sector.
Experts conducted detailed analysis of each EU state’s policies, technological and infrastructure development against what is required to meet the European Commission’s transition to sustainable automobility. The report concluded that more than a quarter of the EU risks missing key green automobility targets.
Each country’s progress was measured against the European Green Deal and flagship targets that included the reduction of greenhouse gas emissions, promotion of zero-emission vehicles, electric charging infrastructure and sustainable aviation and maritime transport.
As we stand at the cusp of a new era in mobility, the insights from this report provide a valuable foundation for informed decision-making and strategic planning. By embracing the principles of sustainability, innovation, and collaboration, Europe can lead the way in transforming the automobility sector, setting a global benchmark for environmental stewardship and economic resilience. Let "State of Play: Sustainable Automobility" be a beacon that guides us towards a cleaner, greener, and more sustainable future.
Greece's comprehensive recovery and resilience plan focuses on green and digital transformation
The findings from analysis against nine automobility metrics concluded:
- Greece joins six other EU countries being urged to scale up automobility investment to meet the European Commission’s minimum targets.
- A third of the EU have been identified as leaders in exceeding the European Commission’s targets.
- More than 40% of EU member states are presently on track to meet minimum European Commission requirements.
Insights from Greece
Greece is at a pivotal juncture in its efforts towards sustainable automobility. The nation's policies and measures include:
- Government Measures: Initiatives such as subsidies for electric vehicles, tax incentives, and investments in EV infrastructure.
- Electric Vehicle Adoption: Gradual increase in the number of electric vehicles on the roads, supported by government policies and consumer incentives.
- Challenges and Opportunities: Despite progress, challenges such as limited charging infrastructure and high initial costs of EVs remain. However, these challenges present opportunities for growth and innovation in the sector.
The Greek government has unveiled an ambitious Recovery and Resilience Plan, totaling €36.61 billion, with a strong focus on environmental sustainability and digital modernization. Of the total funds, €18.22 billion is committed from the Recovery and Resilience Facility (RRF), including €17.73 billion in grants and the rest through loans.
Key highlights of the plan include:
- Green Initiatives: 38.1% of the funds are allocated to climate objectives, including the installation of over 4,500 electric vehicle charging stations and the introduction of 220 electric buses in Athens and Thessaloniki. Significant investments are also directed towards enhancing the railway sector, with a focus on resilience and efficiency.
- Digital Transformation: 22.1% of the funding is dedicated to digital transition, aiming to enhance Greece’s digital infrastructure and services.
- Transport Infrastructure: The plan includes extensive reforms and investments in sustainable and multi-modal transportation systems. By 2037, Greece aims to reduce road vehicle kilometers traveled by 12%, increase rail passenger traffic by 44%, and rail freight traffic by 35%. Road safety is also a priority, with a targeted 12% reduction in road accidents.
- Energy and Climate Policies: Greece is committed to achieving net zero emissions by 2050. The National Climate Law sets ambitious goals to reduce greenhouse gas emissions by 55% by 2030.
- EV Incentives: Greece offers substantial tax benefits and purchase incentives for electric vehicles (EVs), aiming to boost the adoption of EVs and support the transition to electrification in mobility.
- Urban Infrastructure Development: The Smart Cities program, with a budget of €320 million, focuses on revolutionizing urban infrastructure across Greece through digital transformation, benefiting cities of all sizes.
- Rail and Road Projects: Major railway and road projects are underway to enhance connectivity and efficiency. These include the Athens – Patras and Athens – Thessaloniki railway lines, and new motorways such as the North Crete Road Axis.
- Public Transportation and Technological Advancements: Investments in public transportation, including modern legal frameworks and new technologies, aim to foster greener and more efficient transport systems.
The Recovery and Resilience Plan represents a strategic effort to foster sustainable growth, enhance infrastructure, and improve the quality of life for Greek citizens through targeted investments in green and digital projects. The Greek government is committed to achieving these ambitious goals while ensuring economic competitiveness and protecting vulnerable consumers.
For more information, download the full report here.