Electric vehicle sales are surging globally. The sales have overshot 5%, considered to be the start of the mass market, in over 20 countries across the world. In places like India they are fast approaching that benchmark. Electric car models can now be bought for as little as US$10,000 and drive at least 300km, and the ratio is only improving.
But as one of South America’s most successful economies is putting in place its first clean car rules, there is much it can learn from experience of regulating car emissions elsewhere. From pure efficiency rules to dedicated electric car mandates, at least three lessons can be drawn. Forecasters predict up to 1 in 2 cars sold by 2030 globally to be electric. As a leading market in South America, there is no reason why Chile’s ambition should not match that. And with the country lagging behind on fuel efficiency of conventional models, the climate gap to fill is even larger this decade. This should be done with more ambition on electric cars as technology to do so already exists.
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Source: physorg_com - 🏆 388. / 55 Read more »