According to a report by the International Transport Forum, global transport activity is expected to double by 2050 compared to 2015 levels. With climate change a global concern, it’s important that we produce more efficient vehicles that run on greener fuels.
While COVID-19 caused a short-term reduction in transport activity, vehicle use is still set to rise over the coming decades as the global population increases and economic development continues. Producing more vehicles to meet increasing demand is inevitable — the real challenge is making them greener. The International Energy Agency (IEA) reports that transport already accounts for 24% of direct CO2 emissions from fuel combustion, with road vehicles accounting for nearly three quarters of this figure.