89th East Jour Fixe of the Oesterreichische Nationalbank

CESEE countries in (e-)motion: trends in the automotive industry and individual mobility

After 120 years of producing and developing petrol and diesel engines, the automotive industry is racing to switch to all-electric cars – at least across Europe. Having ramped up their efforts to go green, car manufacturers in Central, Eastern and Southeastern European (CESEE) countries are keeping the pace of electrification. The region is even expected to benefit from it – also thanks to Germany, the nucleus for the shift to electric mobility/greener vehicles. At the same time, CESEE has little room for maneuver, with its automotive industry remaining highly dependent on decisions taken by Western headquarters. Moreover, there are numerous challenges, starting with the human and political tragedy in Ukraine, which creates immediate risks for the sector. Yet, there are also structural issues, such as the localization of battery production, deployment of charging infrastructures, future of combustion engines in emerging markets as well as innovation and future mobility trends.

The 89^th East Jour Fixe is organized by the Oesterreichische Nationalbank (OeNB) in cooperation with the European Investment Bank (EIB) and the Vienna Institute for International Economic Studies (wiiw).

Date:
March 28, 2022
9:00 a.m. to 12:45 p.m. (CEST)

Venue:
Oesterreichische Nationalbank
Otto-Wagner-Platz 3
1090 Wien