“Driving Change : How Electric Vehicles Can Rise in the Global South”, urges governments of these countries to adopt new policies that reduce their dependency on fossil fuels.
It suggests that governments employ policies that promote a change to BEV (Battery Electric Vehicles) and form a BEV sector by eliminating tariffs on Electric Vehicles, reducing the import on used cars, and recycling Electric Vehicles.
According to the report, despite their zero net goals, most auto makers continue to sell ICE (Internal Combustion Engine) with zero or less emission policies which lead to the dependence on fossil fuels in the region.
“Unless positive policy action is taken, there is a risk the Global South will become Indefinitely locked into this fossil fuel path dependency. In the short- to mid-term, the Global South will import even more ICE vehicles as the Global North substitutes its fleet with BEVs (Battery Electric Vehicles),” the report predicts.
“In the longer term, used BEVs will stay within the Global North region and recycled for critical battery materials circularity. This means the Global South will not have access to used BEVs, rather instead a dwindling pool of used ICE Vehicles”
Setting deadlines for ICE imports will help few countries in the South be early adopters of EV (Electronic Vehicles) in addition the countries would be encouraged to boost the growth of their domestic renewable energy infrastructure, it has been maintained.
ADVERTISEMENT
ADVERTISEMENT
Comments
Start the conversation
Become a member of New India Abroad to start commenting.
Sign Up Now
Already have an account? Login