Any motorway driver will understand the feeling: you’re humming along, miles of open road ahead of you, and then, out of nowhere, you slow down.
Something similar entered the electric vehicle market in 2024. After years of skyrocketing sales, growth looks to be slowing.
The UK government’s plan to reach its climate targets includes replacing fossil-fuel-powered automobiles with EVs, as road transport accounts for 12% of global emissions.
The question is whether this is a blip that will quickly recede into the rear-view mirror, or would this be more durable. And, if it lasts, would governments be willing to do all it takes to keep the net zero show on the road?
