Global EV sales are surging, up to 8.6% in 2021, doubling their 2020 share, and jumping again in 2022, expected to reach 13% of new car sales-an incredible 50% year-over-year gain. But we must speed up if we are to save the climate, and with costs falling fast and enormous co-benefits, there is no reason to wait. Similarly, for passenger vehicles, a coalition of 19 nations and dozens of automakers established the Accelerating to Zero Coalition at COP26, pledging to complete the EV transition by 2040. Now 26 strong, the Global MOU signatories target a floor of 30% commercial ZEV sales by 2030 and 100% by 2040 within their jurisdictions. This article uses the term “zero-emission vehicle” to refer to all-electric, plug-in hybrid electric or hydrogen fuel cell electric drive vehicles. In one of COP27’s most exciting events, the United States joined the Global Memorandum of Understanding (Global MOU) on zero-emission commercial vehicles.
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