Abstract
The decarbonisation of vehicle fleets challenges the automotive industry and hence also for Austria as a production location. The objective to reduce CO2 emissions has be-come a key driver of structural change in the vehicle in-
dustry. This structural change generates new markets and sales opportunities. However, it also entails risks and will lead to stranded investments. To prevent undesirable consequences, this article recommends economic policy ap-
proaches that revolve around planning security, the con-sistency of the mix of measures, diversification and education and training.
dustry. This structural change generates new markets and sales opportunities. However, it also entails risks and will lead to stranded investments. To prevent undesirable consequences, this article recommends economic policy ap-
proaches that revolve around planning security, the con-sistency of the mix of measures, diversification and education and training.
| Translated title of the contribution | Decarbonisation as a Driver of Change in the Austrian Automotive Supply Industry |
|---|---|
| Original language | German |
| Pages (from-to) | 829-839 |
| Journal | WIFO-Monatsberichte |
| Volume | 94 |
| Issue number | 11 |
| Publication status | Published - 21 Nov 2021 |
Fields of Expertise
- Mobility & Production