Transition to EVs Will Lead to 'Fundamental Transformation' of Global Auto Industry, IMF Says

24 Oct 2024 | Abstracted from The Autopian

"According to the IMF, transportation was responsible for 36 percent of U.S. greenhouse gas (GHG) emissions in 2022...Speeding up the global move toward EVs would change the industry, especially if China remains the export and production leader in front of European and U.S. rivals."

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