• With the Biden administration announcing its goal to achieve 50% EV sales by 2030 and deploying 500,000 chargers as part of the American Jobs Plan, it comes as no surprise that forecasts suggest that the U.S. EV market could expand dramatically in the next 10...
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Utilities Emerge as Key Players in Global Race to Electric Vehicle Adoption
• While there are a plethora of regulations, policies, and incentives to accelerate the transition to e-mobility, the more imperative question is whether the momentum required to spur on the transition will be maintained.• Utilities are emerging as dominant players in...
Western Europe: Shaping the Electrification of Europe
While most European countries have begun electrifying their cities and states, Western European countries, particularly the UK, Germany, France, and the Netherlands, have been leading in this domain. Western Europe constitutes around 63% of all the chargers in Europe,...
EV Uptake in Eastern Europe Lagging Behind the Rest of the Continent
• While it is true that many targets and policies supporting the transition away from ICEs are coming out of Europe, the rate of electrification is certainly not homogenous across Europe, with Eastern Europe lagging behind.• An opportunity to accelerate EV adoption in...
Asia Pacific Betting on Fuel Cell Electric Vehicles to Tackle Climate Concerns
• Fuel cell electric vehicles are much more efficient than internal combustion engine vehicles and are powered by hydrogen or methanol in some cases.• Japan has the world’s largest hydrogen refueling network, accounting for more than 154 refueling stations as of last...
Latin America’s Push for eMobility: Policies Accelerating the Market
Still in the early stages of adopting the technology, Latin American countries are progressively increasing the number of privately owned electric cars (EVs) on the roads. With incentives and an expanding network of charging infrastructure, the region hopes to...
The Seamless World of Plug and Play Charge
• The diverse range of authentication processes for EV charging leads to an unharmonized EV ecosystem and is expected to slow down growth in the EV industry. • Manufacturers in the EV market are moving to incorporate the Plug and Charge technology, which they did not...
Region-Wise Deployment of Electric Vehicle Charging Infrastructure
• The transport sector is heavily reliant on fossil fuels and accounts for 37% of CO2 emissions from end use sectors (International Energy Agency). • Globally APAC is the leading region in terms of EV charging infrastructure installed base which is evident from the...
Impact of the Russia-Ukraine Crisis on Energy Markets
The global spotlight is on the Russia-Ukraine crisis, which has been responsible for wreaking havoc on international fossil fuel markets. Western powers responded to the crisis by proposing a number of sanctions on Russia, including ones on its fossil fuel exports....
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APAC’s Biggest Economies Paving the Way for EV Adoption
Even though China is the forerunner in the EV charging infrastructure, the rest of the APAC (Asia Pacific) countries are not lagging far behind. Japan and South Korea are also amping up their EV charger deployment rate by incentivizing EVs. While Australia and India...
U.S. Bipartisan Infrastructure Law -EV Infrastructure Funding
The U.S. Department of Transportation and Energy announced $5B in funding as part of the new scheme,‘National Electric Vehicle Infrastructure (NEVI) Formula Program’ which builds on the already designated Alternative Fuel Corridors. NEVI Formula funding is to be used...