Watts to Wheels: Why EV-Battery Innovation is Key to Sparking a Renewable Revolution
Increasing the uptake of electric vehicles (EVs) is a fundamental part of accelerating the renewables-based energy transition and getting us onto the 1.5°C pathway. The uptake of EVs holds the potential to cut emissions by replacing fossil fueled vehicles.
Under IRENA’s 1.5°C Scenario, the number of electric cars is expected to grow to 360 million by the end of 2023, and 2.1 billion by 2050. The transition is being boosted by planned bans on the sales of new fossil fuel–powered vehicles, net-zero emissions targets, climate policies and other pollution-driven regulations.
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