Editor’s choice November 2022

For November's editors' choice, our editor has chosen 3 noteworthy reports from our database. The selected reports cover a variety of topics and provide you with the latest trends and developments in the global electric vehicle industry.
Selected reports November 2022:

  • Electric vehicles will soon lead global auto markets, but too slow to hit climate goals without new policy | Innovation Policy & Technology
  • V2G: A critical technology to enable the energy transition | CRA & Hubject
  • Zero emission vehicles factbook | BloombergNEF

The reports are shared and available free of charge in our database.

By 2030, 60% of new passenger cars will be electric, and by 2035, 100%.

ZEVs are positioned to rule the automotive industry, but without more governmental support, their ability to do so at a rate that meets climate targets is not certain. Case studies of solar and wind technology show the risk of inadequate government support, especially for technologies that have great social benefits but are undervalued by markets, raising the possibility of delayed innovation and adoption. Case studies using solar and wind technologies offer encouragement that, despite the effects of the learning curve, innovation and cost savings will endure with greater EV use.

This report provides a policy road map for utilising ZEVs’ advantages in the areas of the environment, economics, and public health. Its main suggestion is for well-designed ZEV sales criteria to be implemented, with a goal of reaching 100% of new passenger cars by 2035. It also calls for stronger tailpipe emission rules, equitable customer incentives, and supply-chain development.

Access our summary of this report here

Electric vehicles will soon lead global auto markets, but too slow to hit climate goals without new policy | Innovation Policy & Technology

Source: Electric vehicles will soon lead global auto markets, but too slow to hit climate goals without new policy | Innovation Policy & Technology

V2G is an essential technology for the energy transition.

Without smart charging, the energy networks would have serious problems due to the exponential growth of electric vehicles (EVs) and the infrastructure needed to support their charging. For instance, unrestricted grid charging of several EVs would necessitate significant infrastructure expenditures to increase capacity and avoid overloading. However, if they are widely adopted, EV battery smart charging technologies have the potential to improve grid flexibility, lower system costs, and lower emissions in addition to perhaps resolving grid capacity challenges.

This report investigates the history of V2G, analyses current problems, discusses several types of smart charging, and evaluates the potential of V2G in the future. It also assesses the justification for using EVs to provide energy services, outlines the long-term effects of failing to achieve V2G, and offers value pools and alternative business models for sector players.

Access our summary of the report here

V2G: A critical technology to enable the energy transition | CRA & Hubject

Source: V2G: A critical technology to enable the energy transition | CRA & Hubject

This year, worldwide spending on sustainable road transportation is expected to reach over $450 billion.

Increasing from 3.1 million in 2020 and 6.6 million in 2021, sales of passenger electric automobiles are anticipated to reach 10.6 million yearly in 2022. 13.2% of new cars sold globally in the first half of this year were electric, increasing from 4.3% in 2020 and 8.7% in 2021. This year, about $450 billion will be invested worldwide on environmentally friendly road transportation. The deployment of electric and fuel cell automobiles is expected to reduce oil consumption from 1.5 million barrels per day in 2021 to around 1.7 million barrels per day in 2022. This accounts for around 3.8% of the total demand.

This Factbook emphasises that despite the present global energy crisis, the transition to zero-emission cars has continued to gather speed since the ZEV proclamation was made at COP26 and that the ZEV transition is crucial to permanently ending our dependency on oil.

Zero emission vehicles factbook | BloombergNEF

Source: Zero emission vehicles factbook | BloombergNEF

If you have any suggestions please consider providing feedback or uploading your report.

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