A recent U.N. report predicted that without a true global cooperation and bolder plans, the planet will warm up by 2.7°C (4.9°F) by the end of the century. Many countries have been announcing more aggressive climate targets, but without true commitment and action from large economies (such as China, U.S.A., and India), the planet’s prospects are not optimistic.  

The world has already warmed more than 1°C since the preindustrial times and the temperature will keep rising with “each fraction of additional warming [bringing] worsening conditions, from more frequent flooding to more intense wildfires and heat waves.” Thankfully though, those large, slower-to-act economies are excitedly investing in electric mobility. 

Transportation and the environment 

The International Energy Agency (IEA) estimates that road transport accounts for nearly three-quarters of total transport emissions (with transport in general being responsible for 24% of direct CO2 emissions from fuel combustion). A significant reduction in this single area could be a huge boost to the fight against climate change. 

A McKinsey analysis predicts that the “decade between 2025 and 2035 will determine whether the industry can keep cumulative CO2 emissions for passenger cars (through 2050) to under 45 gigatons, a “carbon budget” that would help hold global temperature increases to under 1.5°C.”  

McKinsey suggests a shift to zero-emission vehicles among other mobility solutions and this is where EVs can truly shine, assuming that by 2035, 95% of all cars and trucks are zero-emission vehicles. And according to a forecast by the investment bank UBS, by 2040, all cars sold will be electric. If this turns out to be true, then the shift to zero-emission vehicles is not only feasible, it’s a certainty. But the industry has to make sure that those EVs are efficient and as “green” as possible.  

Cooperation for the common goal 

The future of the automotive industry is no longer a question of “electric vs not electric.” Instead, it’s “basic electric vs most efficient electric.” As such, this is a huge opportunity for different sectors to work together.  

For example, energy and transport industries could cooperate in developing new EV technologies. They could expand the talent pool and create think tanks, making ground-breaking solutions more likely. 

This would not only benefit everyone involved, it would improve EV designs, thereby also helping the environment. And while these new tech solutions are being developed and implemented, it is also important to remember that zero-carbon supply chains must be a part of our planning and cooperation.  

Some cross-sector collaboration is already happening but we must continue to promote and develop it further. With the belief still present that cooperation would be going against free-market and the traditional relationship between competitors, it’s important to promote the idea that such collaborations are mutually beneficial and don’t affect the fundamental rules of competition. The industry simply cannot afford not to work together.  

But whether they’re the result of cooperation or a single-person invention, new technologies that improve vehicle efficiency end extend battery life (such as eDTS) will need to be used in all EVs. Manufacturers need to pick the most efficient option, whether they played a part in developing it or not.  

Because, in the end, it’s about constantly improving a product. EV development has been kept behind for decades and now it needs to rush to catch up with the lost time and wasted opportunities. Not only to help these vehicles overtake gas cars in performance and price, but to make EVs more efficient and much greener than they are right now, achieving the goal of having only zero-emissions cars on the roads in the next 15-20 years.