As the world strives towards a more sustainable future, the transportation sector has become a critical area of focus in the fight against climate change.
Two solutions that are attracting significant attention are renewable fuels and electric vehicles . Both solutions have the potential to significantly reduce carbon emissions from the transportation sector, but which one is better suited for decarbonization in the short- and long-term?Get Access to iPolitics
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Lucid launches cheaper Air Pure electric sedan to revive demandHigher borrowing costs have hit sales of electric vehicles over the last few quarters, while a price war unleashed by Tesla has hurt the ability of smaller EV makers such as Lucid and Rivian Automotive to grab market share. The new Lucid model, however, is more expensive than larger rival Tesla's Model S luxury sedan, which starts at $75,000. Lucid's most expensive offering, Air Sapphire, which is also its fastest car, is priced at $249,000.
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Electric vehicles or renewable fuels? Which should drive the world forward?If our goal is to reduce GHG emissions globally, we must account for all the impacts of our choices.
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