Transportation in all forms and sizes are getting cleaner and the vehicles are self-driving. We for example cover electric cars, airplanes and trucks but also drones and all kinds of autonomous vehicles.
"Over 10 years, you're going to need just one EV for 10 petrol cars," says Tony Seba.
The fires in electric cars have been steady in the last three years, although the number of electric cars has almost doubled.
IEA believes that small electric cars will soon be cheaper to buy than their gasoline counterparts. But for another category, they think it will take many more years.
During the first quarter, it happened! An electric car tops the list of new cars in Europe.
During the first quarter of 2023, an electric car became the best-selling car for the first time. Tesla Model Y came in first, ahead of Volvo XC40 in second place.
Global auto sales rebound, but internal combustion engine (ICE) vehicles may never return to pre-pandemic levels. Electric vehicle adoption is accelerating in China, Europe, and the US, indicating a significant shift toward a sustainable future.
The art of taking positive news and turning it into negative news.
Annual spending on passenger EVs surged by 53%, reaching $388 billion in 2022. In total EVs for more than one trillion dollars have been sold.
A new Model 3 costs just over $40,000 to buy. The price of the next generation vehicle could therefore be as low as a little more than $20,000.