Transitioning to a cleaner and more secure energy system means tackling emissions across the major greenhouse gas emitting sectors — electricity, industry, transport and buildings. Taking into account the latest trends and government and business priorities worldwide, we now see incredible growth prospects for electric cars in the coming years. Electric cars’ cheaper running costs mean owners can often recoup the extra money they pay to purchase their vehicles within a few years. Expanding EV sales in economies beyond China, Europe and the United States will require more than carmakers’ efforts to broaden their electric offerings outside the major markets. Governments will need to push through policy reforms and provide financial support to help make EVs the most affordable option.

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