China has continued to be the world’s dominant force in the building and financing of clean energy technology globally in 2017, according to a report published by the Institute for Energy Economics and Financial Analysis (IEEFA).
India's move towards 100 per cent electric vehicles (EVs) fleet by 2030 could create a $ 300 billion domestic market for EV batteries, according to a report by government think tank Niti Aayog and Rocky Mountain Institute.
Like solar photovoltaic (PV) panels a decade earlier, battery electricity storage systems offer enormous deployment and cost-reduction potential, according to this study by the International Renewable Energy Agency (IRENA).
The global stock of electric vehicles (EVs) reached 1 million in 2015 and exceeded 2 million by the end of 2016. Yet faster growth is needed for EVs to fulfil their role in the global energy transition, both through lowering vehicle emissions and boosting renewable energy use.