Report: Electric vehicle sales to increase sharply by 2040, but that’s not all good for the environment
06/16/2021 / By Virgilio Marin
Sales of electric vehicles (EV) will dramatically increase over the next two decades, according to a new report released on June 9. But that increase is not going to be 100 percent beneficial to the environment due to the way EV batteries are manufactured and charged
The report, authored by research firm BloombergNEF (BNEF), analyzed the economic and technology trends in the road transport sector up until 2040. It focused on the electrification of passenger cars, commercial vehicles, buses, as well as two- and three-wheeled vehicles.
The report showed that global sales of zero-emission cars will increase from four percent of the current market in 2020 to 70 percent by 2040. Leaders such as the U.S., China and Europe ran far ahead of these figures, but low levels of adoption in emerging economies reduced the global average.
https://www.climate.news/2021-06-16-electric-vehicle-sales-increase-bad-for-environment.html
