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May 30, 2018 02:15 pm

Number of Electric Vehicles on Roads Reaches Three Million: IEA

The number of electric vehicles on roads worldwide rose to a record high of 3.1 million in 2017, but more research, policies and incentives are needed to drive further uptake, the International Energy Agency (IEA) said. From a report: The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57 percent compared with 2016, the IEA said in a report. China accounted for 40 percent of the global total last year. Research and development, policy support, charging infrastructure investment and production improvements are resulting in lower battery costs and higher electric vehicle (EV) uptake.

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