How The US Election Could Impact The EV Industry
How could the ongoing US election impact the electric vehicle industry? Let’s consider.
How could the ongoing US election impact the electric vehicle industry? Let’s consider.
The first batch of Solar Taxi’s 10 Cherry Tiggo 3xe 480 EV SUVs have arrived in Ghana, and customers who had pre-ordered, as well as those who have signed expressions of interest, are now enjoying the first round of test drives before deliveries start in September.
A potential bottleneck could come quite soon on the used EV supply side. Thanks to Japanese OEM’s love of mild hybrids and their quest to prolong the ICE age as long as possible, sales of EVs in Japan have been very disappointing. Sales have been so poor that the market share of EVs in Japan was recently just under 1%.
Even counting used vehicles, the majority of African countries still have very low levels of motorization compared to countries in the developed world. Only a handful of countries have motorization rates above 100 vehicles per 1,000 people.
We continue with our push to show that driving electric in Africa can be a whole lot cheaper than driving ICE. How cheap? In some cases, driving electric is as good as driving for free thanks some really cheap residential electricity tariffs in several countries.
It’s clear to see that by increasing the penetration of electric vehicles every year, EV adoption will displace a significant amount of CO2 in Kenya. Kenya’s grid is already powered by a generation mix that is 93% renewable, thanks to significant contributions from geothermal, hydropower, wind, and some utility-scale solar plants. And since 39% of CO2 emissions in Kenya are from the transport sector, the transition to electromobility is the best route to reducing these emissions.
While the administration just finalized its reduction in vehicle efficiency from 5 percent per year to no better than a measly 1.5 percent per year (despite their own evidence showing how bad it is for the country), that hasn’t stopped the auto industry from seeking even further reductions.
The Trump administration seems not to care that we are headed toward climate catastrophe with carbon dioxide pollution driving global average temperatures up some 6 degrees Fahrenheit (°F) and rendering places that hundreds of millions of people call home virtually unlivable. This monumental disregard for human health and well-being underpins the administration’s senseless rollback of clean car and fuel economy standards, being published today in the Federal Register.
Trump’s rollback of fuel economy standards could cost Americans nearly half a trillion dollars by 2050 says Energy Innovation.
Dear Automakers,
You should support the environment. In fact, without it, we would not be able to buy your cars. I mean, we would be dead if we didn’t have clean air to breathe. Same problem if a climate disaster kills us, or ruins our livelihood.