The Trend – Clean Energy

CO2 reduction and conversion to clean energy is a must to balance the energy resource on earth.

Government Support

United State :

  • The number of EVs on U.S. roads is projected to reach 18.7 million in 2030, up from 1 million at the end of 2018.
  • This is about 7 percent of the 259 million vehicles (cars and light trucks) expected to be on U.S. roads in 2030.
  • US needs 90% of cars to be electric by 2050 to meet climate goals.

European Union :

In line with the Paris Agreement of 2015, the European Union aims to be carbon-neutral by 2050. Decarbonizing mobility is an important slice of the overall effort. But each member state has a different approach. As do countries like Norway and the UK, working towards the same climate goals outside the EU.

Germany :

  • Merkel said the government would invest 3.5 billion euros ($3.90 billion) to 2035 in building charging stations for electric cars.
  • Germany needed 1 million charging stations by 2030 and urged carmakers and utility companies to play their part in helping to build the necessary infrastructure.
  • Grants for plug-in hybrids will rise from 3,000 to 4,500 euros. For vehicles priced over 40,000 euros the grants will rise to 5,000 euros.
  • The government wants to have 10 million electric vehicles on the roads by 2030, part of an offensive designed to turn round the German car industry’s perceived laggard status in e-mobility compared to its rivals in the United States and China.

China :

  • Plans to make all new vehicles sold in 2035 “eco-friendly,“
  • In 2019, new-energy vehicles made up 5% of all new car sales in China.
  • According to the road map, the ratio will increase incrementally until it reaches 50% of the new-energy vehicles, more than 95% are to be EVs the only gasoline-powered vehicles sold in 2035 are to be hybrids
  • On 3rd Nov 2020, State Council of the PRC, announce 15yrs vehicle blueprint
  • Electric efficiency, need to run 8.3km (Every 100Km 12KWh), while Tesla run 5-6km.
  • Overall EV in China to increase to 20% of overall car in China market. Currently in CN pure fossil fuel is 90.8%, EV only 9.2%
  • Growth 9.2% – 20%

Singapore :

  • Phase out internal combustion engine (ICE) and have vehicles run on cleaner energy by 2040,” Finance Minister Heng Swee Keat said, adding that this goal is for “both public health and climate change reasons.
  • An early adoption incentive scheme will be rolled out for EV buyers from 2021 to 2023. It will offer a 45 per cent rebate on the car’s Additional Registration Fee (ARF, the main car tax), capped at $20,000 per vehicle.
  • Will expand the EV charging infrastructure significantly from 1,600 points now to 28,000 by 2030.

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