8 development banks commit to provide more than $175B to scale up support for sustainable transport

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The Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) are committing to provide more than $175 billion of loans and grants for transport in developing countries over the next decade. Rapid motorization is creating more congestion, air pollution, traffic accidents and greenhouse gas emissions—especially in developing countries. Sustainable transport solutions are available.

ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

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Asia-Pacific will exhibit the strongest growth, driven by mounting pollution issues in its many megacities; however, true mass-market uptake will only start happening in the next decade. The study is part of the Intelligent Transportation Systems Research Service. According to ABI Research, the number of full electric vehicles (EVs) shipping yearly worldwide will increase from 150,000 in 2013 to 2.36 million in 2020, representing a CAGR of 48%.

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UC Davis, ITDP study suggests global shift to public transport, NMT and away from cars could save $100T through 2050 and cut GHGs

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One of the more affordable ways to cut greenhouse gas emissions is to design cities to give people clean options for using public transportation, walking and cycling and to move away from car-centric development, according to a new report released by the University of California, Davis, and the Institute for Transportation and Development Policy (ITDP). gigatons of carbon dioxide annually—a 40% reduction of urban passenger transport emissions—by 2050.

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Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023

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While numerous countries in Western Europe and Asia Pacific have developed mature e-bike markets due to strong commuter cultures that utilize e-bicycles for transportation purposes, e-bicycles still represent an emerging market in North America, where they have largely been treated as a novel type of sporting equipment rather than a vehicle for transportation, the report says.

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