Thursday 18 March 2021

Every carmaker that's truly going all electric to compete with Tesla

Every carmaker that's truly going all electric to compete with Tesla

No gas. No hybrids. Just pure electric. 

That's the lofty goal of many legacy carmakers that have been making gasoline-powered vehicles for decades. 

The switch from gas to electric is part of an industry-wide effort to contribute fewer emissions. The U.S. transportation sector alone is responsible for 28 percent of its greenhouse gas emissions, according to the EPA.

At least 10 automakers are promising to make only electric options in the coming years, with the earliest transitions slated for as soon as 2025. EVs are also gaining in popularity, with 54 million global sales expected in 2040 (compared to 1.7 million in 2020, already up from 450,000 in 2015) according to a BloombergNEF report. Read more...

More about Electric Vehicles, Tech, and Transportation

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