Why now for the electric vehicle?
The mounting interest in electric vehicle technology is underpinned by a combination of environmental, socio-political, and economic forces. These 3 factors are driving significant support for electric vehicle adoption at the governmental level, with federal and local governments in numerous countries Including India.instituting policies to incentivize EV adoption.
Concern about climate change is at an all-time high, and the impact of fossil fuels, and hence internal combustion engine (ICE) vehicles, is front and center in the global climate conversation.
The transportation sector — including cars, trucks, ships, trains, and airplanes — generated 29% of US greenhouse gas emissions in 2019, according to the EPA, the largest share of any industry.
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