article thumbnail

China and Norway Lead the World’s EV Switchover

Cars That Think

However, according to the World Resources Institute , “EVs need to account for 75 percent to 95 percent of passenger vehicle sales by 2030 in order to meet international climate goals aimed at keeping global warming to 1.5 Analysts are optimistic that electric vehicle sales will reach the levels necessary to help avert climate disaster.

Norway 84
article thumbnail

Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

Encouraging the use of low-carbon alternatives is an essential part of meeting climate change targets as well as improving local air quality and health. Global, economy-wide carbon pricing is assumed as climate policy in both scenarios after 2020 (100 US$ per tCO 2 held constant over time). McCollum et al. Click to enlarge.

Carbon 231
article thumbnail

Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Zhejiang Geely Holding Group (Geely Group) will invest a total of US$45.5

Renewable 150
article thumbnail

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. That’s around 16 times the GHG emissions of Iceland at that time, or the equivalent gas emissions of over 11 million vehicles in one year. in 2018 and 42.4% Its greenhouse gas emissions (GHG) back in the 1990s were around 51.7

Global 83
article thumbnail

Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

In New Zealand’s fight against climate change, e-mobility is a low-hanging fruit, especially given our supply of renewable energy. . Moving to zero emissions vehicles, as the cliche goes, is the low hanging fruit in the fight against climate change. . We also don’t need to ‘reinvent the wheel’. New Zealand receives less than 0.17