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Sustainable Mobility: The Business Case for Global Vehicle Electrification
Technical Paper
2010-01-2311
ISSN: 0148-7191, e-ISSN: 2688-3627
Annotation ability available
Sector:
Event:
SAE Convergence 2010
Language:
English
Abstract
There is a profound sense of urgency among leading industrialized nations: governments recognize that massive reductions in carbon emissions are required if we are to limit climate change in an era of ever-increasing global population growth and increasing affluence. They may also believe that the auto industry can deliver more carbon reduction faster at a lower absolute and political cost than other industries.
Continued investment on the part of governments and the auto industry to create a viable model for sustainable mobility and vehicle electrification in the 2010 – 2020 timeframe should help drive transport-related carbon emissions down to the 60-90 grams/kilometer level, from 130-155 grams today, and contribute to an overall 20-30 percent reduction in greenhouse-gas emissions.
When leaders of the G8 nations (the United States, Canada, Russia, the United Kingdom, Germany, France, Italy and the European Union) left the 2009 annual summit it was with a commitment to cut greenhouse-gas emissions enough to limit the rise in global temperatures in 2050 to just two degrees Celsius above pre-industrial levels.
Over the next five years, we believe that significantly higher-volume applications of existing technology, such as downsized and boosted gasoline engines, will be enough to meet current regulatory targets.
Supplier companies will find that OEMs all will draw from more or less the same technology pool, which will create business opportunities for companies that supply components and systems including turbochargers, direct-injection fuel injectors, stop-start systems and, of course, battery packs and other hybrid components.
In the run up to 2020, sources have estimated that total global spending on green initiatives will be (U.S.) $4.4 trillion, with as much as $428 billion targeted for sustainable mobility projects. Electrification of the global automotive fleet must occur, and is occurring, on multiple levels: Individual components and systems are being electrified. Mild- and full-hybrid vehicle powertrains are increasing in volume Full-electric vehicles will begin to enter production in meaningful volumes.
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Citation
Fedewa, E. and Chesbrough, C., "Sustainable Mobility: The Business Case for Global Vehicle Electrification," SAE Technical Paper 2010-01-2311, 2010, https://doi.org/10.4271/2010-01-2311.Also In
References
- Centre de Mathématiques Appliquées Assessing carbon values to achieve strong post-Kyoto CO 2 reduction targets for France 31st IAEE International Conference June 2008
- Keeling, C. D. Whorf, T. P. Atmospheric CO 2 concentrations (ppmv) derived from in situ air samples collected at Mauna Loa Observatory Hawaii Scripps Institute of Oceanography August 1998
- Neftel, A. Historical CO 2 record from the Siple Station Ice Core Physics Institute, University of Bern Switzerland September 1994
- The International Council on Clean Transportation Passenger Vehicle Greenhouse Gas and Fuel Economy Standards: A Global Update
- U.S. Department of Transportation, NHTSA Summary of fuel economy performance March 2009 Notice of upcoming joint rulemaking to establish vehicle GHG emissions and CAFE standards September 2009
- IHS economic forecasts
- All other analysis source is IHS Automotive