“Less than 5 percent of vehicles sold in 2016 were equipped with EV power trains. Major OEMs have announced that they’re aiming to bring that number above 50 percent by 2021.”
The quote above is straight out of McKinsey’s article ‘Mobilities 2nd Great Inflection Point’ and gives us a brief glimpse in to the announcements and the intentions of auto-motive giants. Will these intentions lead to affirmative action though? And will this action be taking in this short time frame?
I think it’s safe to say that they will and the reason I say this is not only due to what the auto-motive companies are ‘saying’ but also how governments and individuals are influencing the market. The Paris Climate Agreement is playing a part in forcing governments who have signed up to take action on reducing their carbon emissions but with cities around the world increasingly recognising the poor air pollution and it’s impact on individuals, advanced measures are now being taken, which is great to see. London now operates its ultra low emission zone 24/7, 365 in a bid to improve air quality and quality of life to residents and other cities around the UK are introducing measures as well.
What’s even better to see is the behavioural shift in people. People are becoming increasingly aware of their impact on our environment in general and this is influencing their choices. Youth around the world are also helping drive and lead the conversation and this is something that really pleases me as to me this is the generation that will really innovate and lead fundamentally different lives to the ones we lead now.
Mobility and clean-tech innovation is a really exciting space that’s for sure!
Written by Greg Fairbotham – Founder, Zoom (12/06/19)