Europe’s transport industry and its related services are an essential part of Europe’s economy. Currently, the transport sector is challenged by rapidly changing framework conditions and consumer demands. Therefore, the report emphasises the necessity for European automotive companies to innovate to remain competitive and to meet increasingly stringent environmental constraints.
The study focuses on five transport innovation opportunities that are most likely to have direct benefits on jobs and growth in Europe and simultaneously reduce carbon emissions in Europe in the medium- and long-term.
The report concludes that the European automotive industry is in a strong position to build upon its expertise and reputation in traditional vehicle technologies and benefit from the automotive clusters that have developed over past decades.
This report was authored by Elisabeth Windisch and Neha Nagaraj, Ricardo Energy & Environment, and made possible by an i24c research grant.