The world is facing the devastating impact of burning fossil fuels, with record-breaking heatwaves and climate-related disasters becoming more frequent. In response, many countries have pledged to reduce emissions, but new research suggests that even the Paris Climate Accords may not be enough. Fossil fuel companies are also struggling to decarbonize fast enough, but there is one clear solution: electric vehicles.
Tesla has been leading the way in the electric vehicle market, with models that are becoming increasingly affordable to many people. Other car manufacturers are also taking notice, with Volkswagen aiming for 70% battery electric vehicle sales by 2030, as part of its goal to be net carbon-neutral by 2050. Meanwhile, Hertz has recognized the cost savings of electric vehicles and has announced a deal to purchase 100,000 vehicles from Tesla for its rental fleet.
The exponential growth in the electric vehicle market is impressive, with over 20 million electric vehicles registered worldwide in 2020, a 43% increase compared to the previous year. Even during the pandemic, when the European car market contracted by 22%, electric car registrations doubled in Germany. With transportation accounting for almost a third of total carbon dioxide emissions, electric vehicles are becoming a crucial tool in the fight against climate change.
While there is still work to be done, the shift towards electric vehicles is a positive step forward in the effort to reduce emissions and protect the planet. Companies like Tesla and Hertz are leading the way, and it is encouraging to see other car manufacturers and countries following suit.
