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CESifo: EVs not the best option for reduction in on-road CO2 in Germany given power mix

Green Car Congress

According to a new study published by the ifo Institue Center for Economic Studies (CESifo) in Germany, EVs will barely help cut CO 2 emissions in the country over the coming years, as the introduction of electric vehicles does not necessarily lead to a reduction in CO 2 emissions from road traffic given the current power generation mix.

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The European electric vehicle market continues to grow

Setec Powerr

By 2020, Germany, France, Italy, Spain, the United Kingdom, and other European countries have launched automotive industry demand stimulation measures to provide subsidies for the purchase of electric vehicles, which has given a strong impetus to the growth of electric vehicles sales.