2025 IL electric vehicle rebate program by the IL EPA
Apr 29, 2020 · The funding round will run from January 21, 2025 through April 30, 2025. Illinois residents that purchase a qualifying new or used all-electric passenger vehicle ($4,000) or all-electric motorcycle ($1,500) from an Illinois licensed dealer are eligible for the rebate.
The transition to EVs must be sustainable. Here's why
Apr 28, 2024 · The US Environmental Protection Agency, for instance, proposes two-thirds of new vehicles sold in the US be EVs by 2035, up from the current 7.6% US new vehicle market share. Canada, the UK and the EU want all passenger vehicle sales to be zero-emissions by 2035.
Electric vehicle sales leapt 55% in 2022 - The World Economic Forum
May 11, 2023 · Among recently announced initiatives are Japanese automaker Toyota targeting 3.5 million annual electric car sales by 2030; Ford announcing one-third of sales to be fully electric by 2026; and Volvo to become a fully electric car company by the end of the decade.
The dirty secret of electric vehicles | World Economic Forum
Mar 27, 2019 · Last year, 2.1 million new electric vehicles were sold worldwide. China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters.
How many electric cars are on the roads? And other EV facts
May 12, 2021 · The International Energy Agency released its first Global Electric Vehicle Outlook. Sales of electric vehicles grew despite the pandemic-related economic downturn. Europe surpassed China on electric vehicles bought for the first time in 2020. Post-pandemic economic rescue plans further boosted global uptake of EVs.
What are countries doing to drive electric vehicle sales?
Jun 29, 2021 · By the end of 2020, there were 10 million electric cars on the road. Electric car incentives are helping to increase sales of electric vehicles (EVs) worldwide. New Zealand is the latest country to offer cash rebates for switching to EVs. Tax bonuses in Norway have closed the price gap between EVs and conventional cars.
The hidden cost of the electric car boom – child labour
Sep 24, 2018 · Yet the growing market for electric cars may be causing harm to people in one of the world’s most vulnerable countries. A legacy of conflict and exploitation Dangerous working conditions, risks to people’s health, and child labour are a huge problem in the cobalt mines of the Democratic Republic of the Congo (DRC).
China has an electric vehicle advantage but can it maintain its edge?
Jun 17, 2024 · AlixPartners’ recently published Electric Vehicle Consumer Sentiment Survey indicates China’s EV market, by far the largest in the world, is poised to flourish. Some 97% of 1,000 China-based respondents to our study said their next vehicle purchase is likely to be an EV, compared to 35% in the US and 43% in Europe.
Here’s why our electric vehicle charging habits must change
Jan 11, 2023 · The authors highlight the future role of vehicle-to-grid (V2G) charging, for example, which allows the bi-directional flow of energy between electric vehicles and the grid, and back again. “V2G will augment the capacity of the power grid during peak demand hours (peak shaving), relieve local congestion and hedge for power intermittency.
India is going electric. Here's how | World Economic Forum
Oct 3, 2019 · The Indian government has set a target of 30% electric vehicle penetration by 2030. To achieve this, the collaboration of India's state governments will be key - which is why the World Economic Forum and the Ola Mobility Institute have developed a framework to …