Tag: ev market

Mapping the Growth: Potential and Market Expansion of Electric Buses in ASEAN

Mapping the Growth: Potential and Market Expansion of Electric Buses in ASEAN

May 25, 2022 |

The growing need to reduce reliance on conventional energy sources, mitigate GHG emissions and control pollution levels are the primary drivers of the Southeast Asian electric bus market. Growing public awareness of the nexus between climate change, pollution and personal consumption has resulted in a surge in demand for green transportation solutions, including electrified public transportation such as e-buses.

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China’s efforts to decarbonize road transport: Decent, but not sufficient

China’s efforts to decarbonize road transport: Decent, but not sufficient

March 19, 2022 |

The decarbonization of road transport is an essential component of realizing broader climate targets, and globally, approximately 21% of anthropogenic CO2 emissions come from road transport. Over the past decade, China continuously rolled out regulations and policies to reduce fuel consumption from new cars and trucks and to shift to electric vehicles. During this time, the country experienced a spectacular flourishing of its electric vehicle market.

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Charging Ahead: How to Make Electric Mobility Work for All

Charging Ahead: How to Make Electric Mobility Work for All

March 16, 2022 |

EV adoption is accelerating, which, in addition to driving less, is critical to reduce carbon emissions (and local air pollution) to meet global climate goals, as transportation contributes the lion’s share of US greenhouse gas emissions. In addition to subsidizing the cost of personal EVs to make them more accessible to low-income communities, we can also create specific electric mobility programs for these communities, leveraging improved transportation technologies and innovative business models.

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Banking on Electric Vehicles in India

Banking on Electric Vehicles in India

January 27, 2022 | ,

NITI Aayog is working with the Reserve Bank of India to operationalize the inclusion of EVs as a priority sector. There is also a need to engage other ministries, financial institutions, and the EV industry in the design of the guidelines. This report is intended to support ongoing and future deliberations on consideration of priority sector status for EVs and the design of guidelines for EVs.

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Increasing Uptake: Southeast Asia on the verge of an EV surge

Increasing Uptake: Southeast Asia on the verge of an EV surge

January 17, 2022 |

The interest in electric vehicles (EVs) in the Association of Southeast Asian Nations (ASEAN) has increased over the years. According to the ASEAN Automotive Federation, the total number of vehicle sales in ASEAN member states stood at 2.45 million in 2020. This number is expected to increase with population growth and economic development. EV uptake is also expected to be fuelled by growing pollution concerns and the need to switch to cleaner and environment-friendly modes of transport.

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Charging Strategies and Technologies for EVs in India

Charging Strategies and Technologies for EVs in India

December 7, 2021 | ,

GIZ India, in cooperation with NITI Aayog, Government of India, and Tata Power has released a report titled, “A Critical Review: Smart Charging Strategies and Technologies for Electric Vehicles”. The report focuses on Electric Vehicles (EV) smart charging strategies and approaches, related policy and regulatory measures, technical aspects, grid integration of EVs, and the way forward for smooth EV adaption in the Indian EV ecosystem.

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India plans to install 6,000 charging stations across 9 expressways

India plans to install 6,000 charging stations across 9 expressways

November 23, 2021 |

Indian Minister of State for Heavy Industries has announced that the government is planning to install 6,000 charging stations for electric vehicles (EVs) across nine expressways in the country. As per the government’s statement, charging is the biggest problem when it comes to the use of EVs, referring to the hurdles in EV adoption, including the time it takes to charge automobiles.

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Evaluating electric vehicle market growth across U.S. cities

Evaluating electric vehicle market growth across U.S. cities

October 4, 2021 |

In 2020, electric vehicle uptake across the United States was approximately 2.4%, an increase from 2% in 2019. The 50 most populous metropolitan areas accounted for about 77% of new 2020 electric vehicle registrations, approximately 61% of the total light-duty vehicle market, and 55% of the U.S. population. These 50 areas together had electric vehicle uptake of roughly 3.2%, more than five times the 0.6% uptake in the rest of the country.

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Ireland’s EV Policy Pathway

Ireland’s EV Policy Pathway

September 21, 2021 | ,

The EV Policy Pathway Working Group – consisting of seven Government Departments and the Sustainable Authority of Ireland – considered a mix of policies to enable Ireland to meet this Climate Action Plan target, which will require a significant ramping-up of EV sales. This report summarises the Working Group’s findings and recommendations.

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Policy direction needed to strengthen United States’ position in the global EV transition

Policy direction needed to strengthen United States’ position in the global EV transition

July 5, 2021 |

The necessity for a stable climate, decreased fuel costs, reduced petroleum dependency, and clean air, especially for those who are disproportionately affected by pollution, definitely acts as factors that motivate governments to move to electric cars. Major economies with significant car production, such as China, Japan, Germany, the United States, and others, suffer the biggest industry risk if they delay the transition to electric vehicles. In a related development, the Biden administration’s American Jobs Plan proposes $52 billion in U.S. assistance for domestic manufacturing, including tax incentives and access to financing.

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New Zealand’s EV Market Gets A Boost With New Government Directive

New Zealand’s EV Market Gets A Boost With New Government Directive

January 14, 2021 |

New Zealand’s electric vehicle (EV) market is set to experience exponential growth from 2021 onwards as the national government starts to implement its carbon reduction policies. New Zealand will also increasingly offer a supportive environment for hydrogen fuel cell vehicles (FCVs) over 2020-2030 as the government is committed to transforming New Zealand into a more productive, sustainable and inclusive economy.

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Leasing model dominates Shenzhen’s electric logistics vehicle market

Leasing model dominates Shenzhen’s electric logistics vehicle market

November 6, 2020 |

As cities globally take action to electrify urban logistics, the goals and timelines are clear: a consensus has emerged among first-mover cities to fully electrify logistics by 2030–2035. However, the pathway there is not known; the world has never seen a fully electrified urban logistics system. Each city will follow its own path to logistics electrification and have a different set of tools at its disposal.

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