The news sounds almost too good to be true.
The news sounds almost too good to be true.
“How the U.S. Transportation System Can Save $1 Trillion, 2 Billion Barrels of Oil, and 1 Gigaton of Carbon Emissions Annually,” proclaimed the headline of an article published by the Rocky Mountain Institute, an environmentally minded, innovation-focused Boulder, Colorado think tank. The institute’s prescription is a technological trifecta: electric, autonomous, shared cars.
Propelled by the ongoing digitization of just about everything, notably including cars, the thinking trumpeted in that 2015 article has been percolating in the transportation sector for the last several years. All three components of this vision are already expanding. Sales of electric vehicles (EVs) are slowly growing and should increase greatly as EVs become cheaper to own than combustion-engine cars — something that Bank of America Merrill Lynch analysts believe will happen by 2024.
Continue reading at Yale Environment 360
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