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International Energy Agency maps out strategy for electrically-powered future

If the electric vehicle market is to fulfil its potential, governments will have to address the challenges around subsidies, managing power demand, charging points and battery production, according to a new study by the International Energy Agency.

by Patrick McDonnell
27 October 2017
Global electric car stock 2010 - 2016
Global electric car stock 2010 - 2016

 

New registrations of electric vehicles (EVs) hit record highs in 2016, with over 750,000 sales worldwide. But this still represents just 0.2% of total vehicle sales and, although the number of electric vehicles is going up, the rate of growth has been slowing in recent years, a report by the International Energy Agency reveals.

 In 2016 the EV market increased by 60%, compared with 77% in 2015 and 85% in 2014. EVs have a long way to go before reaching deployment scales capable of making a...

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