Dossier
Electrified Transport
Coverage of Electrified Transport in the Nexus archive.
- Europe has an electrification target. Here’s how it can become a competitive advantage
The European Commission has set a target to increase electricity consumption to 46% of all energy use by 2040, aiming to enhance energy security, reduce fossil fuel imports, and lower energy costs. The Electrification Action Plan highlights opportunities for economic resilience and competitiveness through investments in infrastructure, AI, data centers, and electrified transport.