Podcast

Deep Focus: Europe’s auto industry and the global electric vehicle revolution

Bruegel fellows Reinhilde Veugelers and Simone Tagliapietra elaborate on the recent Policy Contribution they co-authored on the European automotive industry in the light of the global electric vehicle revolution.

By: Date: January 8, 2019 Topic: Digital economy and innovation

Electrification is a key trend transforming the global automotive industry, especially in the light of increased decarbonisation efforts. The speed at which the technology is being developed and the decreasing production costs make for a rather optimistic prognosis for future global deployment of electric vehicles (EVs). The automotive sector is undoubtedly an important one for the EU economy, yet it has lagged behind in terms of both EV manufacturing and deployment.

In this episode of Deep Focus, Sean Gibson interviews Reinhilde Veugelers and Simone Tagliapietra, the co-authors of a recently published Policy Contribution on the EU automotive industry and the global EV revolution. European manufacturers have extensive experience, robust R&D projects and a large internal market, but can they make the switch to EVs sufficiently fast to remain competitive? To answer that question, Reinhilde and Simone outline the current picture of China’s industry and point to the lessons that can be learnt from their electrification success story. While Europe cannot and should not adopt the centrally planned policy measures, a more comprehensive policy framework combining both demand- and supply-side instruments is necessary to bring the industry back up to speed.

The research discussed in this episode is available in full in the Bruegel Policy Contribution, “Is the European automotive industry ready for the global electric vehicle revolution?”, by Gustav Fredriksson, Alexander Roth, Simone Tagliapietra and Reinhilde Veugelers. For further reading, we recommend a blog post on low carbon technology exports by Georg Zachmann and Enrico Nano.

Read article More on this topic More by this author
 

Podcast

Podcast

Job quality is about more than working conditions

What is job quality and why does it matter?

By: The Sound of Economics Topic: Inclusive growth Date: May 19, 2022
Read about event More on this topic
 

Past Event

Past Event

Is China’s private sector advancing or retreating?

A look into the Chinese private sector.

Speakers: Reinhard Bütikofer, Nicolas Véron and Alicia García-Herrero Topic: Global economy and trade Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 18, 2022
Read about event
 

Past Event

Past Event

[Cancelled] Shifting taxes in order to achieve green goals

[This event is cancelled until further notice] How could shifting the tax burden from labour to pollution and resources help the EU reach its climate goals?

Speakers: Niclas Poitiers and Femke Groothuis Topic: Green economy, Macroeconomic policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 12, 2022
Read article More on this topic More by this author
 

Podcast

Podcast

The cost of China's dynamic zero-COVID policy

What does zero-COVID mean for both China and the global economy?

By: The Sound of Economics Topic: Global economy and trade Date: May 11, 2022
Read article More on this topic More by this author
 

Podcast

Podcast

Global trade Down Under

A conversation on the global trading landscape.

By: The Sound of Economics Topic: Global economy and trade Date: May 4, 2022
Read about event More on this topic
 

Past Event

Past Event

From viruses to wars: recent disruptions to global trade and value chains

How have events in recent years impacted global trade and value chains and how can we strengthen these against future disruptions?

Speakers: Dalia Marin, Adil Mohommad and André Sapir Topic: Global economy and trade Date: April 27, 2022
Read article More on this topic More by this author
 

Podcast

Podcast

War in Ukraine: What is the effect on Central and Eastern Europe?

How is the war in Ukraine affecting the countries in the central and eastern parts of Europe, the countries that are closest to the ongoing conflict?

By: The Sound of Economics Topic: European governance Date: April 26, 2022
Read article More on this topic More by this author
 

Opinion

China’s Covid policy to be year’s largest economic shock

Beijing’s ‘dynamic zero-Covid’ policy could devastate the domestic economy, but the effects will also be felt globally.

By: Alicia García-Herrero Topic: Global economy and trade Date: April 26, 2022
Read article More by this author
 

Podcast

Podcast

War in Ukraine: sanctions on Russia two months in

A further look into sanctions on Russia and the implications for the global financial system.

By: The Sound of Economics Topic: Banking and capital markets, European governance Date: April 22, 2022
Read article More on this topic More by this author
 

Podcast

Podcast

Making remote work, work

How do we address the challenges of remote work? Lessons from both sides of the Atlantic.

By: The Sound of Economics Topic: Inclusive growth Date: April 13, 2022
Read article More on this topic More by this author
 

Podcast

Podcast

War in Ukraine: The EU’s ban on Russian coal

A live podcast on energy sanctions on Russia following the EU ban on Russian coal.

By: The Sound of Economics Topic: Green economy Date: April 6, 2022
Read article More by this author
 

Podcast

Podcast

What to expect from China's innovation drive?

How much has China progressed technologically?

By: The Sound of Economics Topic: Digital economy and innovation, Global economy and trade Date: April 6, 2022
Load more posts