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Even under a moderate scenario, 196,000 jobs would be created, a new study commissioned by Transport & Environment (T&E) says.

The Clean Corporate Vehicles Regulation requires 45% of new car sales in large corporate fleets to be electric by 2030. This establishes a minimum floor for fleet transition. Strictly limiting financial support for company cars from January 2028 (Article 4 of the Regulation) to vehicles that are low and zero emissions and Made-in-Europe triggers the biggest gains.

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T&E analysis shows that in the strong scenario, where combustion cars are pushed out of company fleets much faster, 69% of new cars in large corporate fleets could be electric by 2030, generating 344,000 additional jobs. Economic gains could also jump from €28 bn to €48 bn, while investments could grow from €20 bn to €38 bn.

Germany and Poland stand to reap the greatest benefits. Demand for additional jobs in Germany could rise by 134,000 (39% of the additional EU jobs), while Poland could capture 38,500 jobs more.

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Failing to seize the demand potential of the regulation would be a historic misfire at a time when European carmakers could easily expand EV capacity to protect jobs, according to the analysis.

"Volkswagen serves as a case in point: while the group plans to cut 35,000 jobs by 2030, the new regulation alone could generate up to 56,300 additional direct jobs at the automaker over the same period."

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Beyond vehicle manufacturing, the regulation would drive investments across the entire electric vehicle supply chain. In Poland, battery cell production could more than double (31 GWh to 81 GWh) by 2030 and jobs could increase by 38,500, 82% of which would be in the battery sector.

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