Liu Daizong, East Asia Director, Institute for Transportation & Development Policy
Like other sectors, emissions reduction in the transportation industry requires simultaneous efforts in three areas: reducing (unnecessary travel), transitioning (transportation modes), and improving efficiency. New energy vehicles mainly fall under the latter area.
During the phase leading up to carbon peaking, namely before 2030, transitioning transportation modes and reducing non-essential travel will play a more crucial role. However, after 2030, during the transition from the “peak” to “zero”, new energy vehicles will play a significantly important role. Without new energy vehicles, it will be very challenging for the transportation industry to achieve net-zero emissions.
