CleanTechnica•about 2 months ago
Fossil-Fueled Vehicle Sales Actually Grew in USA in 3rd Quarter
Key Takeaway
The continued growth in fossil-fueled vehicle sales, even amidst record EV adoption, signals a more complex and potentially slower decarbonization pathway for the transportation sector, impacting long-term electricity demand forecasts and policy pressures for power sector stakeholders.
AI Summary
- •Fossil-fueled vehicle sales unexpectedly grew in the USA in Q3, despite record high EV sales, indicating a more complex and potentially slower transition away from internal combustion engines than anticipated.
- •This trend suggests continued demand for liquid fuels and could lead to a slower ramp-up of electricity demand from EV charging than some projections, impacting grid planning and investment timelines for EV-related infrastructure.
- •The persistent growth in ICE sales, even with EV adoption, may intensify pressure on policymakers to implement more aggressive decarbonization policies and incentives for the transportation sector.
Topics
emissionsoempolicy
Article Content
Covering cleantech here at CleanTechnica, the core underlying point is to replace fossil-fueled technology with zero-emissions technology that won’t cook our planet. When it comes to electric vehicles, the aim is not just to sell more EVs, but to also sell fewer fossil-fueled vehicles. With record high EV sales in ... [continued] The post Fossil-Fueled Vehicle Sales Actually Grew in USA in 3rd Quarter appeared first on CleanTechnica .