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BREAKING
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults

Electric Cars Will Dominate the Market in 2040

  • By AL Mayadeen Net
  • Source: Bloomberg
  • 9 Aug 2021 15:42
2 Min Read

More has to be done to clean up road transportation if any country is to reach net-zero emissions objectives in the next 30 years.

  • x
  • Electric cars are getting cheaper and going faster
    Electric cars are getting cheaper and going faster

Improvements in battery density and cost, as well as additional charging stations and government rules that make driving pollutive automobiles more difficult, are boosting the adoption of electric vehicles. Even still, more must be done to clean up road traffic if any country is to reach its net-zero emissions objectives in the next 30 years, according to BloombergNEF.

Internal combustion engine (ICE) car sales have already reached their peak. In Europe, battery electric vehicles are reaching parity with ICE vehicles in terms of pricing. Battery prices have dropped as a result of improved production and technology, as well as increased demand.

According to BloombergNEF's Economic Transition Scenario, Passenger EV sales are expected to skyrocket from three million in 2020 to 66 million in 2040. EVs will account for more than two-thirds of passenger car sales globally by 2040, with Europe and China leading the way.

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It's worth mentioning that there are more than 500 EV models on the market worldwide.

Moreover, internal combustion engine (ICE) car sales have already reached their peak. In Europe, battery electric vehicles are reaching parity with ICE vehicles in terms of pricing. Battery prices have dropped as a result of improved production and technology, and increased in demand.

There are more than 500 EV models on the market worldwide.

Electric cars released in 2020 may go 359 kilometers (223 miles) on average before needing to be recharged, compared to 166 kilometers in 2012.

In only two years, the number of charging stations in China and Europe has more than doubled.

  • Clean Energy

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