Transport emissions, inclusive of road, rail, air and marine transportation, accounted for over 24% of global CO2 emissions in 2016. In terms of transport modes, 72% of global transport emissions come from road vehicles. Electrification of the transportation sector is already in progress. In California, two significant regulatory strategies – Low Carbon Fuel Standard (LCFS) and Zero Emissions Vehicle (ZEV) Executive Order – are leading toward a cleaner and low-carbon future. In China, the government has invested heavily in New Energy Vehicles (NEVs), and after a decade-long incubation period the proportion of NEV sales exceeded 4.5% in 2019. Meanwhile, China’s CAFC-NEV credit scheme (also known as Dual-Credit Policy) released in 2017 sets specific NEV production targets for each automaker by model year, which ensures a stable electrification pace of the road transportation sector.
In May 2019 iCET released a highly influential report: “A Study on China’s Timetable for Phasing-Out Traditional ICE Vehicles”. Through technological assessment and scenario exercises, iCET has developed the first-ever China timetable to phase-out ICEVs by regions, by stages and by vehicle usage-types.