A recent CleanTechnica article explains the transition that is occurring in the top auto markets – China, Europe, and the USA. Sales trends are showing a decline in gas-powered vehicles and an increase in that for electrics! A combination of product and manufacturing innovation, consumer awareness and demand, and government regulations have allowed for the adoption of electric cars to speed up. In less than a decade, we’ve seen a dramatic improvement in pricing, driving range, and choice.
This rapid transition will create new opportunities that we must prepare for and invest in. For instance, we’ll need to address the public charging infrastructure, prepare our youth for new jobs and careers, build recycling processes to provide ‘second-life’ utility to ‘used’ batteries, and hasten our shift of electricity production to renewable energy sources.
The electrification of transportation is an important part of our strategy towards a sustainable future. It’s promising to see the trends move in the right direction but we have to move faster. On Hawaii Island, we’ve seen around a 30% YoY growth in electric car registrations but gas cars still represent over 99% of the vehicles on our roads. We have much work ahead but there is a strengthening tail wind behind us!
Boom! Fossil Vehicle Sales Are Officially Now Decreasing In China, Europe, & USA – CleanTechnica