ICE SUVs Cancelling Climate Benefits of EVs
With more people recognizing the benefits of going green, electric vehicle (“EV”) sales have been steadily increasing. Despite the coronavirus pandemic and the resultant economic crisis, 2020 was quite a great year for EVs, with customers around the globe buying a whopping 3.24 million battery electric vehicles and plug-in hybrid vehicles. However, internal-combustion-engine- (“ICE”) powered SUVs grew in popularity as well, effectively canceling out the progress the world had made as it pushes towards electrification. According to energy modelers Laura Cozzi and Apostolos Petropoulos, the ever-present demand for sports utility vehicles is making it much harder to reduce carbon emissions…