Electric car sales soar in Europe, but market barriers remain | World ...
Nov 13, 2023 · Continued barriers for electric car sales A recent report from Ernst & Young points to the positive effects that regulation, subsidies and incentives have had in terms of driving uptake. Other factors propelling sales are the perceived urgency to decarbonize and carmakers’ commitment to EV and battery manufacturing.
How new taxi marketplaces are tackling old challenges
Dec 2, 2024 · Marketplaces modernize taxis, cutting costs and idle time and have the potential to boost electric car use. Dynamic pricing fosters fair competition, benefiting drivers and passengers with flexibility and inclusivity. Enhanced efficiency and transparency reduce complaints and wait times and promote sustainable travel.
The transition to EVs must be sustainable. Here's why
Apr 28, 2024 · Demand for electric vehicles is cooling in many markets, despite ambitious government targets. EVs are key in the switch to sustainable transportation, but changing too fast to EVs worldwide has implications for energy security and the economy.
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.
The electric vehicle revolution is set to go into overdrive
Sep 22, 2022 · The “Big Three” American car manufacturers are revving up electric vehicle production with orders at the ready while charging facilities are scaling in number and quality. The forthcoming boon in electric vehicle use could mean unprecedented demands on the power grid, so responsible usage in lieu of innovation to utilize electric vehicles ...
Electric vehicle demand – has the world got enough lithium?
Jul 20, 2022 · The answer to the question is lithium, and the bad news for the world is that it potentially has nowhere near enough of it to power all the electric vehicle (EV) batteries it wants – and needs. Lithium is a non-ferrous metal known as “white gold”, and is one of the key components in EV batteries, alongside nickel and cobalt.
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 surprising truth behind the world's electric cars
Mar 5, 2018 · China commands 40% of the global electric car market Image: REUTERS/Norihiko Shirouzu China’s coal consumption intensifies While China is among the nations working to curb the production of fossil fuel-powered vehicles, its appetite for coal has intensified in recent years, from a global share of 13.6% in the early 1970s to 44.5% in 2016.
Mapping the rise of China’s autos and other global trade trends
Feb 9, 2024 · Now, the biggest importer is China. Same for Chile's abundant lithium, another electric car battery essential – much of that country’s “inorganic chemicals” (a map category that includes lithium) went to the US in 1995, well before China assumed the top spot.
What’s stopping people buying electric cars? | World Economic …
Jul 8, 2021 · The IEA says that global electric car sales rose by 140% in the first quarter of 2021 compared to the same period in 2020. 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.