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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. billion—is already the third-largest vehicle market in the world, with annual sales exceeding 8.5

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We Need More Than Just Electric Vehicles

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AUGUST 20, 2022

more than 86 percent of vehicle sales in that country in 2021. We then systematically increased the share of EVs among new vehicle sales until the cumulative fleet emissions fell within the budget. Norway has the highest per capita number of EVs, which represented. And it produces almost all its electricity from hydro and solar.

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