Automotive Industry: Plastics hit the ground running in the EV evolution
In transportation, electric vehicles (EVs) are a key to countries around the world achieving climate goals. But the heavyweight EVs are turning to plastics and composites to reducing the weight and meeting sustainability goals, says Angelica Buan in this article.
EV sales on a high
Major industries are recovering from the cataclysmic effects of the Covid-19 pandemic. But this is likely not the case with electric vehicles (EVs). Peddling to the concept of contributing to reductions in carbon emissions, sales have soared for EVs, even in the wake of the pandemic crisis.
To wit, global sales for EVs have increased since 2020 and are projected to grow further as governments double up their support to global sustainable development goals, moored to keeping the global average temperature to below 2°C above pre-industrial levels and limiting the temperature
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