Electric Vehicle Development Trends in the World and in Georgia

Abstract

The intensive growth of the global vehicle fleet and environmental pollution caused by harmful emissions from vehicles have become one of the global environmental problems. In addition to that, oil prices are continuing to rise. A radical way to solve the problems of environmental safety and fuel efficiency of cars is to use electric current as an energy source in a car. The complete replacement of the internal combustion engine with an electric motor – in electric cars or a combination of the two – in hybrid cars completely eliminates or significantly reduces fuel consumption and harmful emissions. Electric cars are replacing cars with internal combustion engines from all dynamically developing world markets. Replacing cars with internal combustion engines with electric ones is especially important for Georgia, where almost 100% of natural gas and oil products are imported and road transport accounts for the largest share of environmental pollution, especially in cities. The country has the potential to create significant additional energy capacity for electric vehicles. Georgia aims to become a regional leader in clean energy consumption – a “green” country and ensure compatibility with the European Union's carbon neutrality goal by 2050, in which electric vehicles play an important role.