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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). South Korea.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric NZ

This includes Norway and South Korea, by 2025. Scrappage schemes . The OECD has conducted analysis on the components of effective ‘scrappage schemes’. We support the phase-out date for the import of fossil fuel vehicles, between 2030 and 2032. . There are at least 31 countries and U.S.

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Are global EV sales forecast to improve by the end of 2024?

Baua Electric

due to weakness in countries including Japan and South Korea. This was calculated assuming normal scrappage rates. This also pulled down the global average EV share, as non-Triad countries accounted for a third of global light-vehicle sales in 2023. million EV sales. appeared first on Bauaelectric EV News.

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How will a Trump presidency impact the global EV market in 2025?

Baua Electric

Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. This is due to weakness in countries including Japan and South Korea. billion light vehicles on the road today. This should support vehicle sales going forward.

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