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Industry News, World Economic Forum

These 3 elements are crucial to the future of electric cars

three years ago

As urbanization increases – an additional 2.5 billion people will live in cities by 2050 – cities and suburbs will undergo significant transformations to create sustainable living conditions for their residents. Energy and mobility are the twin pillars of these transformations, and both will require radical adaptation to meet the demographic and economic growth without increasing congestion and pollution. The question is whether policymakers and business leaders can harness and combine them in ways that maximize their benefits for cost efficiency, economic growth and environment footprint. The Fourth Industrial Revolution offers an unprecedented opportunity.

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