Accounting for 23% of global energy-related greenhouse gas (GHG) emissions, the transport sector is the fastest growing contributor to climate change. Electric transport provides a powerful solution to this problem, while bringing important co-benefits in curbing transport related air and noise pollution.
With businesses owning over half of all registered vehicles on the road, it is crucial that companies lead the shift to electric vehicles.
What are the benefits?
A growing number of companies are looking into electro-mobility as part of their strategies to achieve climate targets. In doing so, they position themselves at the forefront of business model innovation, enhancing brand perception and increasing staff and customer satisfaction. By these means, they become part of the early group shaping the EV policy and market landscape for the future.
The market for electric vehicles is in constant expansion. Over 1 million electric cars were sold in 2017 only, making for a new global sales record. This is due to a number of reasons:
Through EV100, companies can showcase their electric transport leadership, and help members to reduce electric vehicle investment costs through best practice sharing. The campaign drives engagement and dialogue between governments and other stakeholders to collaboratively address the remaining barriers to EV uptake and infrastructure roll-out.
What is expected from companies making this commitment?
Companies are eligible to join EV100 if they make a public commitment to one or more of the following areas, with a 2030 target date:
EV100 applies to battery electric vehicles, plug-in hybrids/extended range (minimum 30miles/50km electric) and hydrogen fuel cell vehicles.