Electric Vehicles
Vehicles powered by electric motors instead of combustion engines, sourcing electricity from fuel cells, batteries, or other energy storage devices.
LUX TAKE:
Moving away from reliance on nonrenewable sources of energy is central to the energy transition, and electrifying the transportation sector would make a substantial impact on global emissions. Governments will continue pushing for larger sales of zero-emission transportation, but reducing battery and fuel cell costs are most crucial to widespread adoption.
News Commentaries
Lightyear will not meet EUR 30,000 targets for its commercial solar EV despite raising funds (September 13, 2022)
Are battery swapping stations helping China's power crunch? (September 6, 2022)