Sales of electric vehicles soared to 2.1 million worldwide in 2019, exceeding 2018 – still a record year – to raise the total to 7.2 million electric cars. Electric cars, which contributed to 2.6 percent of global car sales and around 1 percent of global car stock in 2019, grew by 40 percent year-on-year.
As technical advancement in electrifying two/three-wheelers, busses, and trucks is making progress, and the demand for them increases, electric vehicles are expanding dramatically. In recent years, bold policy announcements have been crucial in accelerating hybrid cars’ roll-out in global car markets.
In 2019, proof of a continued change from direct subsidies to policy approaches that focus more on regulatory and other structural initiatives – including zero-emission vehicle requirements and fuel efficiency standards – has given a clear path, long-term indications to the car industry and customers that embrace the move in an economically viable manner for governments.
Where do various countries of the world stand on EV Adoption?
India is taking limited but powerful measures to get more electric cars on its roads. India plans to be a 100% electric-vehicle country by 2030. The Indian Government has proposed that two-wheelers below the engine size of 150cc sold after March 31, 2025, and three-wheelers sold after March 31, 2023, Must be Electronic.
As per the recent PTI report, the Central Government plans to concentrate on developing EV charging infrastructure in numerous other cities and highways. It intends to locate charging stations at about 69,000 fuel stations around the country. Under the Ministry of Petroleum’s proposed rules, new petrol stations must choose one substitute fuel, and most of them stand for EV charging points.
India’s very audacious task of meeting its electrical goals could well be taking shape, and the national capital has taken the baton.
2. Great Britain
Last year, Britain became the first G7 nation to lay down a net zero-emission target by 2050, demanding significant improvements in Britain’s way of traveling, consuming energy, and eating.
Great Britain will ban sales of new petrol and diesel vehicles and vans by 2030, five years earlier than initially expected, as part of what Boris Johnson introduces as a “green revolution” to slash emissions to zero by 2050.
Johnson, who is dealing with the most deadly COVID-19 situation in Europe, the bribex trade talks, and his senior advisor’s resignation, needs to underscore his green credentials as part of what he believes will be a reset for his country.
In 2017, China started researching whether to ban the manufacture and selling of cars using conventional fuels but did not indicate when implemented.
Sales of new energy vehicles (NEVs) will account for 50 percent of total recent car sales in China, the world’s largest car market, by 2035, industry executives said last month.
4. United States and Canada
California will prohibit the selling of new gasoline-powered passenger cars and trucks beginning in 2035, said Governor Gavin Newsom in September.
The Canadian province of Quebec declared this week that it would ban the selling of new gasoline-powered passenger vehicles by 2035.
European Union Environment Ministers signed an agreement on October 23 to enforce the block’s net-zero emission goal for 2050 legally. Still, they left a decision on the 2030 carbon target for leaders to address in December.
German cities have already begun to impose restrictions on older diesel cars that emit more contaminants than at the end of 2018.
Norway, which depends heavily on oil and gas royalties, plans to be the first country in the world to end the selling of fossil fuel-powered vehicles by setting a target of 2025. Electric cars currently make up almost 60 percent of the monthly sales in Norway.