Electric cars are no longer a buzzword as millions of them are in production, and tens of thousands of them are plying on the roads worldwide. There are hybrid cars too which offer electric as well as petrol/diesel engines. Recent studies have revealed that the use of electric vehicles will be gradually increased. Already, China is the number one market when it comes to the use of electric cars, with Europe and the USA close behind.
The cut on global carbon emission has been on the UN’s radar and several other environmental agencies and non-government organizations for a long time. But the danger has become imminent as the greenhouse gases are now posing serious threats to the worldwide environment. The worst part is that many people don’t take it seriously and term it as just another hoax by environmental agencies. The allegation is that it is an old trick just to mint money from the UN and respective governments, but the threat is real.
According to the latest figures, the Earth’s current temperature would be -18 degree Celsius compared to 15 degrees currently, thanks to greenhouse gases. The Earth is heating up, and if we do not act swiftly on carbon emission by 2036, the consequences can be dangerous. One of the biggest reasons for the greenhouse gases, apart from industries, are the various types of vehicles emit CO2 gases.
Take a look at the stats below to know the severity of this problem in why electric vehicles would be humankind’s best bet in this regard.
CO2 Emission from Vehicles Worldwide
“A typical passenger vehicle emits about 4.6 metric tons of carbon dioxide per year. This assumes the average gasoline vehicle on the road today has a fuel economy of about 22.0 miles per gallon and drives around 11,500 miles per year. Every gallon of gasoline burned creates about 8,887 grams of CO2.” – See the complete report by the United States Environmental Protection Agency here.
You can see how much CO2 is emitted by vehicles worldwide. This can have dire consequences for the health of human beings, wildlife, and the environment in which we all live. Thus, electric vehicles are being marketed and sold in virtually every country now.
I would like now to share some important developments that are taking place around the world so that the curb on Carbon emission can be effective.
The Swedish automaker Volvo has said that it will sell only electric vehicles by 2030. This is a major development by a known automaker. While many other automakers tried to come up with a solid plan earlier too, this announcement will definitely encourage other automakers, too, to come forward. Automakers around the world are announcing this admit renewed pressure from their respective governments to act upon this.
Another recent development in this concern is about the UK, where the government has ordered that after 2030 no vehicle wholly powered by petrol or diesel will be allowed to sell. Volvo also previously announced that by 2025 half of its vehicles would be fully electric, while the rest would be hybrid. But this is a major development that is likely to change the electric automaking scenario for the better.
The news from India is that Delhi government vehicles will be switched to electric cars within six months. This announcement came in late February last month. For the first time, the Delhi government can hire electric vehicles with the finance department’s permission. The Delhi government is also working on a plan so that by 2024, 25% of all the new vehicles will be powered by batteries.
In late January 2021, US auto giant GM announced plans to spend almost 27 billion dollars in coming up with 30 new electric vehicle models by 2025. After the exit of Donald Trump, we can expect this announcement to take shape because the new President Joe Biden has included the USA again in the Paris climate change agreement. And he is serious about making thighs work in the curb on carbon emission.
The exponential rise in the shares of Tesla took most industry experts by surprise. But it is the rise of electric vehicles that have made the investors go for the exclusive electric car maker’s shares. They are bidding for Tesla to become one of the leading automakers in the world. Surely, Elon Musk is laughing all the way to the bank as he is currently the world’s richest person, as of March 2nd, 2021, with a net worth of 197 billion dollars.
The stage is set now as Electric vehicles will be a norm in the future. We just have to see whether the automakers will be able to meet the deadlines they have set. Even otherwise, the increase in electric vehicles’ use will be a major step forward in curbing down global carbon emission.
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Muneeb Qadar Siddiqui is a specialist in digital marketing with experience of more than 6 years. Working in digital marketing with app development company in Dubai, He has created expertise in search engine optimization, search engine marketing, content marketing, mobile marketing and email marketing. In his free time, he enjoys fine dining and sports (American Football in particular)