Executive Summary. Republic Act 11687, or the Electric Industry Development. Act (EVIDA), mandates a 5% electric vehicle (EV) share in the vehicle fleets of government and corporate entities. Local government units are also given additional powers and functions by the EVIDA towards electric vehicle adoption.
READ MORECurrently, one of the most promising solutions is the electric vehicle (EV) which produces zero tailpipe emissions. This paper aims to explore the challenges of adopting EVs in final mile parcel deliveries, and thus identify potential directions for
READ MOREOur passenger vehicle electrification models provide decision makers with a holistic perspective on passenger EV adoption on a country level for different scenarios. The models also translate EV sales into EV fleet populations and help size EV-related market opportunities. Our complementary charging infrastructure models build upon this and
READ MOREThe adoption of electric vehicles is accelerated by descriptive norms, which are typical patterns of behaviour in an agent''s socio-cultural group and generally are accompanied by the expectation
READ MOREThis study explores the drivers, barriers, and support mechanisms for the adoption of BEVs in India. Researchers have captured insights from manufacturers, suppliers, electric vehicle owners, potential customers, academicians & consultants, and government officials. The study is novel as it encompasses multiple stakeholders'' views
READ MOREElectric car sales neared 14 million in 2023, 95% of which were in China, Europe and the United States. Almost 14 million new electric cars1 were registered globally in 2023, bringing their total number on the roads to 40 million, closely tracking the sales forecast from the 2023 edition of the Global EV Outlook (GEVO-2023). Electric car sales in 2023 were
READ MORE6 · Ministry of Transport (MOT) - Electric Vehicles. We aim to deploy 60,000 EV charging points across Singapore by 2030, comprising 40,000 in public carparks and 20,000 in private premises.
READ MOREThis is especially relevant as Singapore sets out on a major push for the adoption of electric vehicles (EV), with plans to deploy about 60,000 charging points by the end of the decade.
READ MOREThe Electric Vehicle (EV) Early Adoption Incentive will be extended by two years to Dec 31, 2025. From Jan 1, 2024 to Dec 31, 2024, owners who register fully
READ MOREUsing monthly vehicle registration data from Shanghai, we find that EV sales would increase by 56%–65% if the differential between ICEV and EV license plate costs rises by 1,000 yuan ($150). We compare differential license plate pricing with the purchase subsidy policy.
READ MOREThese include lowering the Additional Registration Fee (ARF) floor to zero for electric cars from January 2022 to December 2023, as well as revising road tax
READ MOREmarket, there has been a 46-69% year-over-year. growth in the number of light-duty EVs between 2010. and 2018 culminating to a global eet of 5.1 million. units – a 63% rise from 2017 (EV-Volumes
READ MOREAccelerating the rate of electric vehicle (EV) adoption is an objective of many countries to mitigate and ameliorate negative externalities arising from the use of fossil fuels for personal motorised transportation including: greenhouse gas (GHG) emissions, air pollution and noise, as well as increasing energy security and reducing budget deficits.
READ MOREA YouGov poll of drivers shows that the top reason for considering buying an EV was to protect the environment. 4 Similarly, a survey from CarMax found that most car owners were concerned about
READ MOREAbstract. Scholarly research on the topic of electric vehicles has witnessed a dramatic increase in the current decade; however, reviews that synthesize and integrate these findings comprehensively have been lacking. This study is an attempt at filling in that void through an integrative review methodology. It includes an integrative
READ MOREAccelerating the rate of electric vehicle (EV) adoption is an objective of many countries to mitigate and ameliorate negative externalities arising from the use of fossil fuels for personal
READ MOREIn early 2021, the National Electric Vehicle Centre (NEVC) was set up under the Land Transport Authority (LTA) to ramp up efforts for EV adoption with a
READ MOREFrom 1 January 2022, we will merge the road tax brackets of 30-90kW and 90-230kW, such that electric cars in the 30-230kW bracket are subjected to the road tax
READ MOREMore than 60 models are now available with over 130 models expected in the coming years. In Canada, Québec, British Columbia and Ontario lead in the adoption of plug-in electric vehicles, plug-in electric hybrid vehicles (PHEVs) and battery electric vehicles (BEVs), as a result of a comprehensive set of policies aimed at increasing acceptance
READ MOREThese developments will continue to expedite EV adoption in the US, promising that the next BCG report will have more aggressive projections. Already in 2023, new electric vehicle registrations in the January - April are more than 250,000 - putting the US on target for the first ever million new-EV year. And that says nothing about the nearly
READ MOREBattery electric vehicles make up 6.7% of light-duty vehicles sold in the U.S. When you add hybrid and plug-in hybrid vehicles, EVs comprise 16% of light-duty vehicles sold. (U.S. Energy Information Administration, 2023). In California, zero-emission vehicles made up 25% of new vehicle sales in the second quarter of 2023.
READ MOREev sales. Below is our latest long-term forecast for new electric vehicle (BEV and PHEV) sales in the US through 2030. EV sales should grow to reach approximately 29.5% of all new car sales in 2030 from an expect roughly 3.4% in 2021. This would also see sales increase to 4.7 million from a little more than 500,000 in 2021.
READ MORETo support the vision of 100% cleaner energy vehicles by 2040, the Land Transport Authority (LTA) and the National Environment Agency (NEA) will continue to
READ MOREOur passenger vehicle electrification models provide decision makers with a holistic perspective on passenger EV adoption on a country level for different scenarios. The
READ MOREEmission Vehicles (OLEV) commissioned the Behavioural Insights Team (BIT) and the Transport Research Laboratory (TRL) to develop, research, and present a range of comprehensive policy measures that could address the main barriers and harness the right motivations to accelerate the adoption of electric vehicles (EVs) in the UK.
READ MORE1 · Over the next four years, passenger EV sales are expected to grow at an average annual rate of 21%, compared to 61% from 2020 to 2023. The share of EVs in global new
READ MOREUnder the EV Early Adoption Incentive scheme – which will be extended by two years till Dec 31, 2025 – owners who register new fully electric cars and taxis will
READ MORECharging an electric vehicle takes more time than fueling a car. An innovative BCG simulation identified key factors that will help drivers make the switch to an EV. Analyzing data from 10,000 internal combustion engine (ICE) vehicles in Texas, we found: Access to private charging is the main game-changer to increase an ICE driver''s
READ MOREthe adoption of BEVs, they are exempted from company car tax again in 2016 and 2017. F or this p eriod, tax rates were increased to 15 % for emissions less than
READ MORESINGAPORE: Newly announced measures aimed at incentivising the use of electric vehicles (EVs) are likely to encourage their adoption, say observers, though
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