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Here's everything you don't know about electric vehicles
WEBDec 20, 2021 — There are two primary ways that governments are looking to incentivize electric vehicle purchases: rebates and tax credits. According to the Alternative Fuels Data Center, federal electric vehicle tax credits can apply to eligible vehicles acquired after December 31, 2009. Federal credits range from $2,500 to $7,500.
Weforum.orgElectric vehicles: an analysis of adoption and the future of oil …
WEBMay 15, 2023 — Meanwile, electric passenger vehicles have shown the biggest growth in adoption since 2015. In 2022, the electric car market experienced exponential growth, with sales exceeding 10 million cars. The market is expected to continue its strong growth throughout 2023 and beyond, eventually coming to save a predicted 886,700 barrels of …
Weforum.orgElectric vehicle sales are on the rise across the globe | World
WEBMar 10, 2023 — electric vehicle (EV) car sales increased by 60% in 2022, reports Quartz. Meanwhile, sales of conventional cars with internal combustion engines went down by a quarter in the past five years. China leads the EV field - one in every four cars bought there in 2022 was an EV.
Weforum.orgWhat’s stopping people buying electric cars? | World Economic …
WEBJul 8, 2021 — Reasons for the slow uptake of electric vehicles vary between countries. A UK survey found the most common reason for not buying one was a lack of fast charging points (37%) followed by concerns about range (35%) and cost (33%). Although two-thirds of Americans surveyed by Pew Research agreed electric cars are good for the …
Weforum.orgThe electric vehicle revolution is set to go into overdrive
WEBSep 22, 2022 — While total US auto sales were only slightly up in 2021 – 3.4% over the previous year – in comparison, electric vehicle sales soared by 85%. That trend has continued into 2022, with first-quarter sales increasing 60% over the same period in 2021, even as sales of internal combustion engine (ICE) vehicles (vehicles that don't need a …
Weforum.orgChina has an electric vehicle advantage but can it maintain its …
WEBJun 17, 2024 — AlixPartners’ recently published electric vehicle Consumer Sentiment Survey indicates China’s EV market, by far the largest in the world, is poised to flourish. Some 97% of 1,000 China-based respondents to our study said their next vehicle purchase is likely to be an EV, compared to 35% in the US and 43% in Europe.
Weforum.orgThe dirty secret of electric vehicles | World Economic Forum
WEBMar 27, 2019 — 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 US came a distant second with 361,000 new electric cars sold in 2018, almost half of which were the new Tesla 3 model.
Weforum.orgAre electric vehicles really cleaner than traditional cars? | World
WEBAug 2, 2021 — The International Council on Clean Transportation is tackling this in a white paper. They show that emissions over the lifetime of a mid-sized electric passenger car are already considerably lower than those of a comparable gasoline car. Emissions savings from electric cars range from 19-34% in India to 66-69% in Europe.
Weforum.orgElectric vehicle demand – has the world got enough lithium?
WEBJul 20, 2022 — Lithium is a non-ferrous metal known as “white gold”, and is one of the key components in EV batteries, alongside nickel and cobalt. But rising demand for electric vehicles is straining global lithium supplies. Global EV purchases jumped to 6.6 million in 2021 from 3 million a year earlier, meaning that EVs made up 9% of the market
Weforum.orgHow many electric cars are on the roads? And other EV facts
WEBMay 12, 2021 — 1. There were 11 million registered electric vehicles on the road at the end of last year. 10 million of these were cars. The total number of electric cars, buses, vans and trucks is projected to rise to 145 million, or 7% of road transportation, by the end of the decade under governments’ existing energy and climate policies.
Weforum.org