In a bid to arrest carbon emissions and reduce their impact on the environment, several countries around the world have pledged to phase out conventional gas-powered cars for electric vehicles (“EVs”) over the next few decades. Powered by rechargeable lithium-ion battery packs instead of an internal combustion engine, EVs produce zero emissions at the tailpipe, making them the perfect vehicle for the eco-friendly driver. All indications are that EVs are a much cleaner and sustainable transport option compared to burning fossil fuels, despite the technology’s relatively young age.
In fact, a new study by Transport & Environment (T&E), a Brussels-based campaign group, has found that internal combustion engine (“ICE”) vehicles are hundreds of times more wasteful than battery electric vehicles (“BEV”). Compared to the 30kg of waste material that is wasted over the lifetime of an EV lithium-ion battery pack, taking recycling into account, a gas-powered vehicle burns around 17,000 liters of oil, the T&E report says. Researchers crunched the numbers and found that an average…
NOTE TO INVESTORS: The latest news and updates relating to ev Transportation Services Inc. are available in the company’s newsroom at https://ibn.fm/EVTS
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer
Green Car Stocks
San Francisco, California
www.GreenCarStocks.com
415.949.5050 Office
[email protected]
Green Car Stocks is part of the InvestorBrandNetwork.