Page 12 - TCExpessions 2019
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         Electric Vehicles –

         Charging up for the future

          EVs do not require direct fuel combustion, thereby contributing

          to transport policy goals such as increased energy security,

          better environmental compliance leading to reduced
          greenhouse gas emissions

                onventional automotive technologies (and the   mobility as we know it. Electric Vehicles (EVs) are leading
                vehicles they power) have been under fire for   this change, riding on the promise of green technologies
         Csome time now for their role in hastening climate   and sustainability. They also align with globally accepted
          change. That’s hardly surprising – the transportation   sustainability goals such as increased energy security
          sector is known to be the largest consumer of oil and the   and better environmental compliance through reduced
          second-highest contributor to CO2 emissions, worldwide.   greenhouse gas emissions.
          Now, it is also ripe for disruption by advancements in
          electric mobility.                                  The global stock of electric passenger cars worldwide
                                                              exceeded five million units in 2018. According to the
          Growing and valid concerns regarding the environment   International Energy Agency (IEA), China topped the list of
          and the emergence of rideshare options have been driving   countries with the highest number of electric cars sold –
          a fundamental rethink of vehicular transportation and   accounting for over half of the global sales of electric cars –
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