UFE's position on the Industrial Accelerator Act (IAA)
02 July 2026
UFE fully supports the EC intention to introduce a legislation aimed at greening corporate fleets. As corporate vehicles represent the largest share of the EU automotive market with about 60% of new sales going into this segment in 2023, this initiative would serve as a key driver to generate additional, stable demand for EVs in the EU, and therefore support European automative manufacturers in meeting CO₂ standards targets. It would at the same time contribute to the development of the second-hand EVs market, which is a more affordable pathway for households to access electromobility.