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13/10/2020

Addressing Europe’s Supply and Demand: Logistics

The logistics industry currently plays and will continue to play a substantial role within the overall economy.

Within the EU, logistics accounts for about 7% of EU GDP and 5% of total employment in the EU. Logistics is an enabler for both global trade and local economies. Efficient and sustainable logistics play a vital role in the smooth functioning of many other services and activities in the economy. For instance, 18% of the wholesale and retail trade sectors’ added value originates with logistics services. COVID-19 and the measures taken to control its spread have created unprecedented conditions for nations’ and the world’s transportation and supply chain networks.

The sustainability of urban logistics is a challenge for rapidly growing cities in Europe but also worldwide. Investing in innovative urban logistics solutions, such as cooperative ITS solutions, autonomous mobility and unmanned aerial vehicles (drones), can play a vital part in reducing negative environmental impact, improving logistics efficiency and increasing customer value.

Many countries in Europe are working hard to reduce carbon emissions by getting more electric vehicles on our roads. The batteries for these cars have traditionally contained significant amounts of cobalt and lithium. Other raw materials used can include graphite, nickel, zinc, magnesium, cadmium and manganese.

There are today about 8 billion electric motors in use in the EU, consuming nearly 50% of the electricity EU produces. These motors are used in a large range of applications from small-sized electronic products to e-bikes to large motors found in electric drivetrains in vehicles and heavy transport.

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