To reach 60% by 2030, that means we need to grow EV sales at a compound annual growth rate of 34% between now and then – a similar growth rate to what we’ve already seen. So these EPA numbers are attainable, if we continue efforts at this rate.
Source: New EPA rules will upend industry as automakers’ EV plans are too low | Electrek
2030 is just seven years out.
Facebook has been working on VR tech for over a decade – and it’s still not considered a mass market product, nor even much of a product success. Big tech takes time. Can the above be achieved in 7 years?
All transportation accounts for 28% of greenhouse gases (in the U.S.). Of that, about 10 percentage points are trains, ships, large diesel trucks and airliners. The remaining 18% includes personal vehicles and small vehicles used in business.
When including total lifecycle energy usage, the total CO2 reduction from EVs may be in the single digit percentages.
Electric power generation and industrial applications (much of which is onsite power generation) remains the largest component of greenhouse gases.
The numbers do not seem to work out to deliver the expected results. Sorry, but I am in a skeptical mood.
The article cites Norway as having achieved high EV sales – but leaves out that 99% of electricity generation in Norway is from hydro already, and the government has provided extensive benefits to EV ownership:
– Exempt from annual road tax
– Pay just 50% of fares on ferries
– Pay no more than 50% of parking fees
– EVs can use bus lanes
– No taxes on purchase of EVs
– Exempt from 25% Value Added Tax
When people are paid with other people’s tax money to buy EVs, surprise, they buy EVs.
