Message from Editors

Abstract

THE rapid growth of new energy vehicles is accelerating the low-carbon transition in the global transportation sector. According to the international energy agency report, more than 10 million electric vehicles (EVs) including pure electric and hybrid models were sold worldwide in 2022, which means that the global share of electric vehicles in the overall automotive market has risen from less than 5% in 2020 to 14% in 2022. Adoption of these 10 million EVs has reduced greenhouse emissions by a net amount of about 80 million tons. Along with rapid deployment of battery charging and swapping stations, it is expected for EVs to reduce oil demand by at least 5 million barrels per day and more CO2 emissions by EVs in 2030.