By Juan Cole | (Informed Comment) | – –
The number of electric vehicles (EVs) on the road doubled worldwide to 2 million in the past year with 40% of EVs being in China. If the number of EVs went on doubling annually, they’d take over the world in short order.
Moreover, all-electric automobiles outsold plug-in hybrids in Europe for the first time in six quarters last quarter.
Batteries for EVs only cost 1/5 of what they did a decade ago.
Electric cars are most environmentally friendly if they are run on the owner’s solar panels. But even without that key element, they are cleaner than gasoline cars for 97% of Americans.
6% of all new car sales in the Netherlands were EVs last year, as the northern European country of 17 million aims to have 50% of all car purchases be electric in 2025, only 8 years from now.
Meanwhile, India’s government is even more ambitious, saying it wants only electric cars to be sold in that country by 2030.. Some 3 million passenger vehicles are sold every year in India, a country of 1.3 billion.