The World Bank has just released a new research study on how developing countries can transition to electric mobility.
, found that in many markets, the savings in fuel and maintenance costs accrued over the life of an EV more than offsets the relatively high purchase price. Also, when factoring in the health and environmental benefits, the case for e-mobility was already strong in about half the countries studied.
“We already knew that an e-mobility transition was important; with this research, now we know that it is feasible,” said Riccardo Puliti, Vice President of Infrastructure at the World Bank. “Our report makes it clear that all countries need a plan for incorporating electric vehicles into their strategies for sustainable mobility.”
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