The Road To More Sustainable Transportation through Electric Vehicles

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4Q 2020 | IN-5910


Changing the Way We Move Around


As COVID-19 continues to ravage nations around the world it has not only brought attention to countries’ need to be prepared for a pandemic, but also to how we have to actively and constantly innovate in order to prevent a climate disaster. According to the International Energy Agency (IEA), the drop in economic activity due to COVID-19 has led to a decrease in global emissions by around 8%. However, the way this was achieved is still not sustainable. As such, it is vital that climate change is being addressed in all countries and industries.

One particular area that has tremendous potential and opportunity is the transportation industry. Another report by the IEA mentioned that transportation accounted for 24% of global direct CO2 emissions from fuel combustion in 2019. However, the advent of improved battery technology and Electric Vehicles (EVs) have provided an alternative to the traditional gasoline, diesel, and other less eco-friendly options. Batteries have seen an 85% drop in price since 2010 and increased competition between automotive makers has created more options f…

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