Drive Electric

We are thrilled to announce the launch of our Leapfrogging Partnership, catalyzed by a $100 million investment from IKEA Foundation. This initiative will accelerate access to clean, affordable zero-emission vehicles the world over, deepening our Campaign's support for partners across Africa, Latin America, and Southeast Asia. "Road transportation accounts for roughly 15% of energy related greenhouse gas emissions so if we are serious about a global transition towards 1.5 degrees of global warming then we cannot reduce emissions without it," IKEA Foundation's portfolio manager for the real economy, Edgar Van de Brug, told Reuters. "We know that communities are already experiencing the benefits of e-mobility, from delivery drivers saving money on fuel to public transit workers breathing cleaner air... Now is the time to supercharge the momentum of EV innovation with ambitious public policy, business leadership, and strong partnerships." shared Drive Electric Campaign Director Rebecca Fisher Read more in Reuters: https://lnkd.in/g3qbcMd4

Celebrating the launch of this exciting initiative to accelerate #ZeroEmissionVehicles ?

We need #Brazil to step up its climate leadership ahead of #COP30 if the world is to deliver on the Paris targets. Join leading experts from the Crux Alliance on March 19 to hear about the policies Brazil can adopt right now to ensure a thriving, clean energy economy. Register here ?? https://lnkd.in/gDv-G8Cn Ana Maria Carre?o CLASP Marcel Martin The International Council on Clean Transportation Clarisse Cunha Linke Institute for Transportation and Development Policy Frank Peter Agora Industry Rosana Santos E+ Energy Transition Institute

The economic case for zero-emissions vehicles is only getting stronger ? New analysis from our partners at Coltura breaks down the cost savings for #ElectricVehicles in all 50 U.S. states. Key findings include: ? ?? The average American driver can save $943 annually by switching to an electric vehicle. ?? Washington State had the highest average fuel savings for EVs, at more than 10 cents per mile. ?? Drivers in the top 10% for mileage see a whopping $2,721 in average annual fuel savings. ? Explore the EV cost savings dashboard to learn more: https://lnkd.in/gYAqgdxc

Today I had the privilege to launch in Jakarta the The International Council on Clean Transportation Roadmap to Zero for Indonesia. Electric vehicles produce zero tailpipe pollution, reduce fuel imports, reduce fuel subsidy disbursements, and are absolutely essential for the country to meet its net zero by 2060 goal. Indonesian policy makers can meet their net zero goals by setting a clear vision to transition to 100% zero-emission vehicle sales as soon as 2040 but no later than 2045. To deliver this transition, the government can learn from other major vehicle markets who have adopted three key policies: fiscal incentives to stimulate the purchase of electric vehicles, supply-side policies to require manufacturers to sell electric vehicles, and a charging infrastructure strategy that defines where, when, and how much infrastructure to deploy. A transition to 100% zero-emission vehicles by 2040-2045 would generate $490-$556 billion in avoided fuel subsidies through 2060. Indonesia would no longer rely on fuel imports as early as 2048, delivering vital energy security given ever declining domestic oil production. For more details, take a look at our report posted online today: https://lnkd.in/gQ5CZUV8

Rising global #ElectricVehicle sales are a sign of climate progress, yet there is much more to do to scale solutions -- Helen M. shares more on how climate philanthropy can drive impact this year:

"We think it's wrong to advise a customer coming in here today to buy an ICE [internal combustion engine] car, because the future is electric," says Ulf Tore Hekneby, CEO of Norway's leading car importer. ? This year, the Nordic nation of 5.5 million people is on track to shift entirely to zero-emission vehicles ?? ? ?? So, how did #Norway get to the verge of this historic moment? ? Christina Bu, secretary general of our partner Norsk elbilforening (Norwegian EV Association), recently took a BBC News business reporter for a zero-emissions tour around Oslo as she explained the decades of policy work that made switching to electric vehicles an easy choice for Norwegians. Read more: https://lnkd.in/dnHn-c4k

Momentum is growing in the transition to zero-emission road transportation, delivering massive benefits for climate, health, and the economy. For the first time, a study from our partners at The International Council on Clean Transportation projects that under current #ElectricVehicle policies and announced targets, global road transportation emissions could peak as soon as this year (2025). ? In a sign of accelerating progress, the report finds that EV policies over the past three years, along with proposed policies and targets, could curb 36 gigatons of CO2 emissions by 2050 – more than halfway to a level that is compatible with the Paris Agreement. Still, bold action and ambition is needed to keep global temperatures below the critical 2°C threshold. Read the full #Vision2050 update: https://lnkd.in/dg4YS4Az

The move to build more electric vehicles in the U.S. is already boosting state and local economies in concrete ways. A new report from our partners at Environmental Defense Fund zooms in on the EV manufacturing surge across the nation. ? ?? $198 billion in private investment to power EV and EV battery manufacturing ??More than 100 projects are under construction or have started production ???? Tens of thousands of U.S. jobs filled in EV manufacturing, with 194,600 jobs announced in total ? #ElectricVehicles are driving historic investment, in some cases representing the single largest investment ever made in a district or state. Read the full report: https://lnkd.in/emaDD4sB

?? India surpassed 5.5 million #electricvehicles in 2024!? This marks a monumental milestone in decarbonizing the transport sector. Supported by progressive national and sub-national schemes and policies, the electrification rate grew to 7.4% in 2024. This accelerated transition is a testament to the country’s resolve to meet its ambitious goal of achieving net zero emissions by 2070.?? ? #WRIIndia is proud to support this remarkable journey through evidence-based research, technical assistance, and peer-to-peer learning. We will continue to amplify our efforts at the national and sub-national levels towards facilitating a cleaner future for the transport sector.?? #EVMatters #ElectricMobility #EBuses #LowCarbonEmissions #UrbanMobility #PublicTransport