Ultimately, the fate of electric vehicle (EV) gross sales hinges on the actual market dynamics within specific regions. Here’s a closer examination of the factors poised to shape the industry on the world’s three largest markets: the US, the EU, and China? .
The Marshall Islands, a chain of Pacific Ocean coral atolls, rely heavily on sea transportation to supply their daily needs. For centuries, Pacific Islanders traversed the seas in traditional canoes, but today, their seafaring endeavors are dominated by large, slow-moving cargo vessels fueled by diesel engines that contribute significantly to pollution.
They’re not alone. Cargo transport is responsible for approximately three percent of the world’s total greenhouse-gas emissions annually, and with the current pace of growth, it is projected to contribute around 10% of global emissions by 2050.
As a result of human activities, the islands are disproportionately vulnerable to the impacts of localised climate change: ocean temperatures are rising, intense rainfall events are becoming more frequent, and sea levels are steadily increasing. As its residents explore new avenues, they’re discovering an unexpectedly conventional approach to decarbonize their fleets. .
