The Biden-Harris administration published The Long-Term Strategy (LTS) of the US in November 2021. It is a visionary climate strategy that outlines a plan to tackle the growing climate crisis by decarbonizing the national economy. In January 2023, “The U.S. National Blueprint for Transportation Decarbonization: A joint strategy to transform transportation” was released. REGlobal provides a brief extract of the report.
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This slide deck was developed for and presented at an Energy Fundamentals Course hosted by the Bangladesh University of Engineering and Technology (BUET). The National Renewable Energy Laboratory (NREL) helped organize this course in partnership with the United States Agency for International Development (USAID). While some of the content in the slide deck is tailored to Bangladesh specifically, this presentation is intended to be a general primer on electric vehicles that can be utilized for similar purposes by other universities or organizations throughout the world.
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The Australian Government recently conducted a public consultation on national electric vehicle (EV) strategy and sought inputs on introducing mandatory national vehicle fuel efficiency standards for new light-duty vehicles (LDVs). This is a key step and we applaud the government for taking it. Adopting fuel efficiency or carbon dioxide (CO2) emission standards will help promote EV sales and help Australia to catch up with leading vehicle markets in combating climate change.
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Demand for battery electric vehicles (BEVs) significantly increased in Europe between 2020 and 2021. New BEV registrations in the passenger car segment grew by 70% from almost 578,000 to over 981,000 among 21 European markets. These numbers are promising as national governments continue to work towards decarbonizing the transportation sector. Looking at who is buying BEVs, over half were purchased by private individuals—54% in 2020 and 57% in 2021.
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The effects of global supply chain shortages due to the covid epidemic and the war in Ukraine continue to be felt in the European car market, with the roughly 2,300,000 total new car registrations in the first quarter of 2022 equating to a 12% drop compared to the same time period in 2021. The average share of battery electric (BEVs) and plug-in hybrid vehicles (PHEVs) increased only
marginally in the first quarter.
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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The market share of battery-electric vehicles (BEVs) among new passenger car registrations in Europe increased fairly quickly, from about 2% in 2019, to nearly 6% in 2020, and to approximately 9% in 2021 (January to November). The European Union’s CO2 standards for vehicle manufacturers, set at an average target level of 95 g/km (NEDC) for 2021, are certainly a key factor influencing this recent uptake of electric vehicles.
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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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According to Energy Innovation modeling, EV incentives in the Build Back Better Act (BBB) would have a critical impact on climate and air pollution by inducing rapid market transformation, which will also benefit those most impacted by transportation pollution. Strong incentives would reduce purchase costs for consumers, while meeting President Biden’s goal of reducing 2030 passenger vehicle emissions 60 percent from 2020 levels.
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REE Automotive, an Israel based e-mobility company, has secured $17 million in funding from the UK government for its REEcorner technology. The funding received by the company is part of a $57 million investment coordinated through the Advanced Propulsion Center.
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Washington State has passed two leading laws on electric vehicles. The signing of these bills will ensure that people will be able to charge their EV as easily as buying gas and will be able to charge their EVs at home, at work, and on the road as the state moves toward a new goal of all new passenger vehicles being zero-emitting by 2030. A detailed article on this policy development.
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The report summarizes the current status, and projected growth, of the U.S. electric vehicle (EV) industry over the next five to ten years. Key topics addressed include drivers of U.S. and global EV growth, auto manufacturer investments in EV development and in building a robust charging network for drivers, announced new EV model introductions, projected EV sales, projected battery pack costs, and projected date of EV “price parity” with internal combustion engine (ICE) vehicles.
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According to BlueWeave Consulting, the global market for electric vehicles (EVs) should grow from USD 121.8 billion in 2020 to USD 236.3 billion by 2027, with a CAGR of 10.6 per cent during the forecast period (2021–2027). According to the report, in the coming two years, more than 240 new models of battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) are expected to be introduced in the market. It is expected that around 130 million EVS could be on the road by 2030 globally.
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