Society

It is not a widely known fact that human civilization passed the point of 'peak oil' production somewhere around the beginning of the 21st century. The Earth's oil reserves will be largely exhausted from around 2040 onwards. Road transport contributes 21% of the EU's total CO2 emissions. Transport CO2 emissions grew by 23% between 1990 and 2010 whilst other sectors reduced their emissions by 14% on average. The rapid rise in CO2 emissions from transport is undermining the reductions from all other sectors, precipitating dangerous climate change.

Peak oil & Global warming

Peak oil & global warming

73% of all oil consumed in Europe is used in transport and estimates predict a doubling of road transport CO2 within the next 20 years.
>> Find out about oil consumption and global warming

Hybrid vehicle revolution required

Hybrid vehicle revolution required

"Plug-in hybrids with an all-electric capability of just [30] kilometres would slash liquid fuel consumption, since such a high proportion of journeys undertaken are well within this range."
"Plugged In: The End of the Oil Age" by WWF (Dr. G. Kendall, 2008)
>> Find out about the hybrid revolution

Customer needs

Customer needs

"In order for electric cars finally to win public acceptance, they'll need to be affordable. This is not about making a small niche. It's about affordable transportation for the masses."
Nancy Gioia, Ford Director of Global Electrification
>> Find out about customer needs

Smart, sustainable & inclusive growth

Smart, sustainable & inclusive growth

The automotive industry is one of Europe's key industrial sectors. It provides about 6% of total manufacturing employment (more than 2m people) and indirect employment to 10-11m people.
>> Find out about sustainable growth