Fleets first
Fleets first
How accelerating fleet electrification can unlock the shift to clean road transportIf fleet owners rapidly transition to fully electric vehicles (EVs) in light duty categories and buses – reaching around Ministry of Environment, Forest and Climate Change, Government of India (2021). India: Third Biennial Update Report to the United Nations Framework Convention on Climate Change. 95% market share for new purchases across most vehicle types and geographies by 2028 – this could result in cutting over 3 billion tonnes of carbon dioxide by 2030 (3.1 GT CO2 e), similar to the current annual emissions of India, the world’s third highest emitter. The Climate Group worked with SYSTEMIQ to explore this high ambition scenario, in which fleet elxectrification occurs rapidly from the mid-2020s, over and above the business-as-usual forecast contained in the Bloomberg NEF Electric Vehicle Outlook 2020.