In 2015, the number of electric cars was 1 million.
In 2015, the number of electric cars was 1 million.

IEA: Global EV Sales Far From Climate Target

IEA: Global EV Sales Far From Climate Target

The number of electric vehicles (EV) on roads worldwide rose to a record high of 2 million last year, but has a long way to go to reach levels needed to help limit an increase in global temperatures, the International Energy Agency (IEA) said on Wednesday.
In 2015, the number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, was 1 million, the IEA said in a report, Reuters reported.
Even though that doubled last year, the global electric car stock is only 0.2% of the total number of passenger light-duty vehicles in circulation.
“They have a long way to go before reaching numbers capable of making a significant contribution to greenhouse gas emission reduction targets,” the IEA said.
“In order to limit temperature increases to below 2 degrees Celsius by the end of the century, the number of electric cars will need to reach 600 million by 2040,” it added.
Research and development and mass production improvements are resulting in lower battery costs and this trend should continue, which should narrow the cost competitiveness gap between electric vehicles and internal combustion engines.

Short URL : https://goo.gl/7RxtGE
  1. https://goo.gl/fTq6xw
  • https://goo.gl/ICjqfU
  • https://goo.gl/7XUL7J
  • https://goo.gl/SDQ0SN
  • https://goo.gl/KNcWNS

You can also read ...

BP: Electric Vehicles to Cut Oil Consumption
The emergence of self-driving electric cars and travel sharing...
OPEC Deal Closer to Market Rebalancing
The OPEC deal is closer than ever to meeting its market...
Brent, WTI Prices Slide Over Higher US Production
Oil prices fell on Wednesday, weighed down by a rebound in the...
SP Phases 17-18  Output Increases
Major overhaul operations in phases 17 and 18 of the giant...
The lion's share of petrochemical exports is bound for China, India and South Korea.
Boosting the country's petrochemical revenues entails...
NISOC in Close Cooperation With Domestic Academic Centers
National Iranian South Oil Company can implement complicated...
Special Devices for Gas Regulating Stations
Some 150 natural gas pressure regulating stations have been...

Add new comment

Read our comment policy before posting your viewpoints