A Review of Modern Electric Vehicle Innovations for Energy Transition

Bi-Hai Jiang, Chao-Chung Hsu, Nai-Wei Su and Chun-Cheng Lin ()
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Bi-Hai Jiang: Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan
Chao-Chung Hsu: Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan
Nai-Wei Su: Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan
Chun-Cheng Lin: Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan

Energies, 2024, vol. 17, issue 12, 1-20

Abstract: As climate change worsens and the importance of energy security grows, numerous countries have adopted energy transition as a key policy objective. Electric vehicles (EVs) play a pivotal role in this transition by diminishing reliance on fossil fuels and reducing emissions of carbon dioxide and other harmful gases. While EVs are poised to be a crucial technology for achieving energy transition, substantial advancements in technology, infrastructure development, and policy support are essential for their full potential to be realized. This review examines the latest advancements in EV technology and market trends, and also addresses the challenges facing EVs and the potential opportunities for future development.

Keywords: electric vehicles; energy transition; market trends of electric vehicles; policy support of electric vehicles (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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