News
Electric car sales in Europe are accelerating as high oil prices make the switch away from fossil fuels increasingly attractive. With more affordable models, lower running costs and growing consumer demand, electric vehicles are becoming a mainstream choice across Europe.
The Commission welcomes a provisional agreement to strengthen safeguards for the new ETS2 carbon market covering buildings and road transport. The measures will enhance price stability, boost predictability for citizens and investors and support a smooth launch of the system in 2028.
The EU is launching a new €1.5 billion Battery Booster Facility to help battery manufacturers scale up production in Europe. Backed by ETS revenues, the scheme will provide interest-free loans to accelerate investment, strengthen competitiveness and support Europe's clean-tech leadership.
