Electric mobility has garnered growing interest and significant momentum across several major global markets, often motivated by transport sector decarbonization. Together, Europe, China, and the United States account for more than 90 percent of the world's electric vehicle fleet. For many OECD countries, electric mobility is seen primarily as a lever for transport sector decarbonization, given that many of the other relevant policy options have already been exhausted. This report finds that electric mobility is also increasingly relevant for low- and middle-income countries. As of today, electric mobility for passengers is a comparative rarity across low- and middle-income countries (LMICs). In some of the LMIC leading markets, such as Brazil, India, and Indonesia, electric vehicles account for less than 0.5 percent of total sales. There are signs that this situation is changing. India, Chile, and Brazil are leading the way in electrifying their bus fleets in their largest cities by introducing innovative financing practices and improved procurement practices. Battery swapping schemes are taking off in Asian and East African countries to lower the upfront cost of two-and three-wheelers. Original modeling for this report suggests that established global policy targets, such as 30 percent of new passenger vehicles to be electric by 2030, will make economic sense for many LMICs under a wide range of possible scenarios


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    Title :

    The Economics of Electric Vehicles for Passenger Transportation




    Publication date :

    2022


    Size :

    1 Online-Ressource


    Remarks:

    Campusweiter Zugriff (Universität Hannover).- Vervielfältigungen (z.B. Kopien, Downloads) sind nur von einzelnen Kapiteln oder Seiten und nur zum eigenen wissenschaftlichen Gebrauch erlaubt. Keine Weitergabe an Dritte. Kein systematisches Downloaden durch Robots.



    Type of media :

    Book


    Type of material :

    Electronic Resource


    Language :

    English





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