Driving the future: scaling up electric mobility

Road vehicles are a significant contributor to global CO2 emissions, accounting for 15% of total emissions. With car ownership expected to surge due to increasing population and income levels, tackling the dependency of road transportation on non-renewable energy is imperative for decarbonising this sector. Electric Vehicles (EVs) and Electric Autonomous Vehicles (EAVs) are at the forefront of this transformation, currently displacing 1.7 million barrels of oil per day, which is roughly 3% of the total road fuel demand. The future of mobility is undeniably electric and although EV adoption rates are rising globally, the pace varies significantly between countries. To ensure widespread EV adoption, three crucial factors need to be addressed: government policy and regulation, technological advancements, and robust infrastructure and integration. The synergy of these elements will drive the transition to a cleaner, more sustainable transportation future, but what decisive actions can we take to accelerate this adoption and ensure the transition?