Significant increases in the uptake of electric vehicles (EVs) are essential to meeting future emissions standards, according to a new report from the World Energy Council.
By 2020, EVs will have to account for 16% of vehicle sales, compared to less than 1% today. The report also reveals that the increase in the electric fleet would require a massive increase in electricity supply, equivalent to that required by 734,000 new homes.
The report recommends that vehicle manufacturers create partnerships with electricity providers to manage demand, while it encourages governments to provide clear incentives to encourage change.
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