Global and U.S. electric vehicle trends – ICCT Report June 2019

Electric vehicle Growth: 60%+ annual growth rate, 2 million EVs per year and growing

§ Battery innovation and scale enables mainstream market in years ahead

§ Industry commitments showing order of magnitude higher scale is underway

§ Policies for the transition to electric vehicles

§ Top EV markets around the world show us a complete policy package § Reducing CO2 emissions at triple the historical rate needed to decarbonize transport

§ As EV cost parity is reached, policies including durable polluter-pay taxation, regulation, infrastructure support, and consumer campaigns remain critical

§ We could proceed with similar steps for zero-emission trucks in the years ahead

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