Climate Connect: Navigating Clean Technology and the Energy Transition

Key Challenges for Electric Vehicles

One of the biggest limitations to EV rollout is the inability to achieve competitive pricing. This is also an area in which China is doing better than its competitors, with the median price of an EV in China standing at around 10% higher than a conventional car, compared to between 45% and 50% higher in other major markets.

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Top 5 Challenges for Renewable Energy
Setting national decarbonization and environmental protection targets can help to encourage private actors to establish objectives in line with these targets. And making national targets competitive at the global level can help accelerate the race to green.
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