China, California and a number of EU countries are leading the way on electric vehicles. Some have put into place ambitious and aggressive policies, such as China's New Energy Vehicle policy and California's Zero Emission Vehicle program, to reduce greenhouse gases in transport, combat air pollution and expand the EV market. According to my research, more than 20 other countries have fiscal policies to support and encourage EV market growth. And nationwide bans on internal combustion engine vehicles arguably serve as another incentive.
EV penetration projections are all over the map and no one really knows how much the market is going to grow. But two things are clear: The EV market is going to grow, and policymakers around the world will continue to act to make sure that happens.
I care about combating climate change. My home state of Florida is arguably ground zero in the U.S. for climate change impacts, and it saddens me to think much of it could be underwater by 2100, if not in my own lifetime. I also care deeply about combating air pollution. I have worked a significant portion of my career with government and industry in other countries on setting cleaner fuel and vehicle policies to benefit their citizens.