Electric mobility is expanding at a rapid pace. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the number of new electric car sales.
Policies play a critical role. Leading countries in electric mobility use a variety of measures such as fuel economy standards coupled with incentives for zero- and low-emissions vehicles, economic instruments that help bridge the cost gap between electric and conventional vehicles and support for the deployment of charging infrastructure. Increasingly, policy support is being extended to address the strategic importance of the battery technology value chain.
This side event will identify recent developments in electric mobility across the globe. It will also discuss key challenges in the transition to electric mobility and suggest solutions that are well suited to address them. In particular, the event will highlight effective policy frameworks to accelerate adoption of electric mobility and decarbonisation in the transport sector.