Like most developed countries, Germany is scrambling to reduce its carbon emissions by replacing internal combustion engine vehicles with zero-emission electric vehicles (“EVs”). Specifically, Germany, which is home to some of the largest automakers in the world, would like to achieve net-zero emissions by 2040. Having an estimated 7-10 million battery electric vehicles (“BEVs”) on the roads by 2030 is integral to this goal. Unfortunately, German drivers aren’t as receptive to BEVs as the government and the young electric vehicle industry would like them to be.
At the moment, only 1.2% of the 48.2 million passenger vehicles registered in the Germany are electric. For the country to achieve its carbon emission goals within the designated timeline, it would need 14 million BEVs on the roads by 2030, much more than 7 to 10 million, says Agora Verkehrswende, an environmental think tank based in Berlin. But to do that, the government will need to overcome major challenges that prevent…
NOTE TO INVESTORS: The latest news and updates relating to Ideanomics Inc. (NASDAQ: IDEX) are available in the company’s newsroom at https://ibn.fm/IDEX
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.