The transition to EVs must be sustainable. Here's why
Apr 28, 2024 · The US Environmental Protection Agency, for instance, proposes two-thirds of new vehicles sold in the US be EVs by 2035, up from the current 7.6% US new vehicle market share. Canada, the UK and the EU want all passenger vehicle sales to be zero-emissions by 2035.
Electric vehicle sales leapt 55% in 2022 - The World Economic Forum
May 11, 2023 · Among recently announced initiatives are Japanese automaker Toyota targeting 3.5 million annual electric car sales by 2030; Ford announcing one-third of sales to be fully electric by 2026; and Volvo to become a fully electric car company by the end of the decade.
The dirty secret of electric vehicles | World Economic Forum
Mar 27, 2019 · Last year, 2.1 million new electric vehicles were sold worldwide. China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters.
How many electric cars are on the roads? And other EV facts
May 12, 2021 · The International Energy Agency released its first Global Electric Vehicle Outlook. Sales of electric vehicles grew despite the pandemic-related economic downturn. Europe surpassed China on electric vehicles bought for the first time in 2020. Post-pandemic economic rescue plans further boosted global uptake of EVs.
Major economies are now taking aim at China’s EV industry
Sep 16, 2024 · China’s electric vehicle (EV) industry faces a wave of unilateral trade restrictions in major export markets, heightening trade tensions between the world’s major economies. In May 2024, the United States increased tariffs on Chinese-made EVs from 25% to 100%, this follows its longstanding concern about China’s 'unfair trade practices.'
The electric vehicle revolution is set to go into overdrive
Sep 22, 2022 · To spur Americans’ electric vehicle purchases and investment in national carmakers, the recently passed Inflation Reduction Act mandates a $7,500 tax credit for new purchases of American-made electric cars for qualifying buyers, with more minor credits for used cars. It has also earmarked $20 billion for constructing clean vehicle ...
These 3 elements are crucial to the future of electric cars
Feb 13, 2018 · 2) Prioritize high-use electric vehicles. Electric taxis and public transportation will have a great impact in reducing carbon emissions. These types of vehicles are driven far more than personal-use vehicles, so commercial and public EV fleet development should be …
Here’s why our electric vehicle charging habits must change
Jan 11, 2023 · The authors highlight the future role of vehicle-to-grid (V2G) charging, for example, which allows the bi-directional flow of energy between electric vehicles and the grid, and back again. “V2G will augment the capacity of the power grid during peak demand hours (peak shaving), relieve local congestion and hedge for power intermittency.
been optimized based on the developments of the electric vehicle market and the reader’s feedback. Particularly, the expansion of the charging window should be emphasized, due to increased ba˝tery capa-cities, especially for long-distance electric vehicles. As a result, the SoC window1 has been extended to 10 – 80 percent. The evaluation ...
What’s stopping people buying electric cars? | World Economic …
Jul 8, 2021 · China led the way with half a million new electric cars sold in the period, followed closely by Europe (450,000) and even in the US, EV sales doubled compared to the first quarter of 2020. There are already more than 10 million electric cars on the world’s roads and the IEA forecasts there will be 145 million by 2030.