The 16m electric vehicles on the road today make up a minuscule share of the world’s 1.2bn mostly fuel-guzzling cars
. But the relief carries an environmental cost. Transporting people and goods causes one-fifth of global carbon emissions. Many countries have drawn ambitious roadmaps to replace fossil-fuel burning vehicles with battery-powered ones to help dodge the worst of global warming., improved charging networks and generous government subsidies, electric vehicles are surging out of showrooms faster than you can say “lithium-ion battery”. Global electric-car sales more than doubled last year to 6.
A tiny share, about 15,000, relied on hydrogen fuel cells, an emerging technology that uses hydrogen to provide electricity. There are also 280m electric two- and three-wheeled vehicles on the road, according to BloombergSome countries are transitioning quickly. Nearly nine in ten cars sold in Norway last year were electric, thanks to high taxes ons sold in Europe has grown at an average annual rate of 61%, making it the fastest-transitioning region of the world.
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