- Global sales of zero-emission vehicles (ZEVs), including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles, have been increasing over the past decade.
- This is in part due to supply-side policies, which can influence manufacturers to produce and sell an increased number of compliant vehicles, thus playing a vital role in the ZEV transition.
Decisions made today will influence how people and goods are produced and move for decades to come. The development of customized supply-side policies can accelerate the ZEV transition, providing economic and environmental benefits for countless people around the world.
Factbook: Zero-Emission Vehicle Policy – How Supply-side Policies Can Impact Zero-emission Vehicle Investment explores how supply-side, demand-side, and infrastructure policies drive ZEV investment and adoption in eight key markets: Australia, Brazil, China, the European Union, India, Indonesia, the United States, and South Africa. By assessing global ZEV policies, it identifies key gaps and explains why and how policies succeed. Supply-side policies, in particular, are found to support the increased manufacturing and production of ZEVs, thereby playing a crucial role in the transition to a greener automotive industry. The graphic below highlights regions that have adopted these policies.
This factbook offers decision-makers a practical guide on how to accelerate ZEV market growth through effective policies, emphasizing the critical link between policy design and the mobilization of financing.
Download the full report HERE
Authors: Hannah Lindsell, Marie McNamara, Raquel Soat and Clay Stranger
This article was originally published by the RMI and is republished with permission through the Creative Commons CC BY-SA 4.0 license.
