Netherlands & Germany Boost EV Transition with €1.4B in CO2 Cuts
The Netherlands and Germany are stepping up their efforts to reduce CO2 emissions in the transportation sector. The Dutch government has set ambitious targets for bus emissions, while the German government is investing heavily in electric vehicle charging infrastructure.
In the Netherlands, buses are set to reduce their CO2 emissions by 49% by 2030 and achieve a 95% reduction by 2050. To facilitate this transition, the Dutch government is offering a Specific Grant for Zero Emission Buses, with a funding of 40 million euros. Meanwhile, the German government has applied for a subsidy program for the acquisition of electric buses by 2023, with an estimated funding of several hundred million euros, around 500 million euros.
The transportation sector in both countries aims for significant reductions in CO2 emissions. The Dutch sector targets a 90% reduction by 2050, while the EU as a whole aims to reduce its net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and achieve climate neutrality by 2050. To support these goals, the German Federal Ministry of Transport (BMVI) has announced two programs with a total investment of 900 million euros for 2023.
Germany currently has 91,149 charging points for electric vehicles and plans to reach one million by 2030. The European Parliament has introduced Euro 7 to meet sustainability goals. However, JOLT Energy finds current funding for charging infrastructure insufficient and hopes for more substantial funding. In response, the German Federal Ministry of Transport has allocated 500 million euros to improve public charging infrastructure by 2025.
Both the Netherlands and Germany are taking significant steps to reduce CO2 emissions in the transportation sector. With ambitious targets, substantial funding, and supportive policies, these countries are working towards a more sustainable future in line with the EU's climate neutrality goal by 2050.
