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.

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.

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.

Sep 24, 2018 · Yet the growing market for electric cars may be causing harm to people in one of the world’s most vulnerable countries. A legacy of conflict and exploitation Dangerous working conditions, risks to people’s health, and child labour are a huge problem in the cobalt mines of the Democratic Republic of the Congo (DRC).

Oct 3, 2023 · Electric vehicle sales have been growing exponentially due to falling costs, improving technology and government support. Globally, 10% of passenger vehicles sold in 2022 were all-electric, according to analysis of data from the International Energy Agency. That’s 10 times more than it was just five years earlier.

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 ...

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.

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 …

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.

Oct 3, 2019 · The Indian government has set a target of 30% electric vehicle penetration by 2030. To achieve this, the collaboration of India's state governments will be key - which is why the World Economic Forum and the Ola Mobility Institute have developed a framework to …