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A Review of Modern Electric Vehicle Innovations for Energy Transition

Author

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  • Bi-Hai Jiang

    (Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan)

  • Chao-Chung Hsu

    (Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan)

  • Nai-Wei Su

    (Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan)

  • Chun-Cheng Lin

    (Department of Industrial Engineering and Management, National Yang Ming Chiao Tung University, Hsinchu 300, Taiwan
    Department of International Master Program of Smart Manufacturing and Applied Information, National Chin-Yi University of Technology, Taichung 411, Taiwan)

Abstract

As climate change worsens and the importance of energy security grows, numerous countries have adopted energy transition as a key policy objective. Electric vehicles (EVs) play a pivotal role in this transition by diminishing reliance on fossil fuels and reducing emissions of carbon dioxide and other harmful gases. While EVs are poised to be a crucial technology for achieving energy transition, substantial advancements in technology, infrastructure development, and policy support are essential for their full potential to be realized. This review examines the latest advancements in EV technology and market trends, and also addresses the challenges facing EVs and the potential opportunities for future development.

Suggested Citation

  • Bi-Hai Jiang & Chao-Chung Hsu & Nai-Wei Su & Chun-Cheng Lin, 2024. "A Review of Modern Electric Vehicle Innovations for Energy Transition," Energies, MDPI, vol. 17(12), pages 1-20, June.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:12:p:2906-:d:1413973
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    References listed on IDEAS

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    1. Stephen P. Holland & Erin T. Mansur & Nicholas Z. Muller & Andrew J. Yates, 2016. "Are There Environmental Benefits from Driving Electric Vehicles? The Importance of Local Factors," American Economic Review, American Economic Association, vol. 106(12), pages 3700-3729, December.
    2. Kangyin Dong & Xiucheng Dong & Qingzhe Jiang, 2020. "How renewable energy consumption lower global CO2 emissions? Evidence from countries with different income levels," The World Economy, Wiley Blackwell, vol. 43(6), pages 1665-1698, June.
    3. Hofmann, Jana & Guan, Dabo & Chalvatzis, Konstantinos & Huo, Hong, 2016. "Assessment of electrical vehicles as a successful driver for reducing CO2 emissions in China," Applied Energy, Elsevier, vol. 184(C), pages 995-1003.
    4. Annekatrin Lehmann & Markus Berger & Matthias Finkbeiner, 2018. "Life Cycle Based CO2 Emission Credits: Options for Improving the Efficiency and Effectiveness of Current Tailpipe Emissions Regulation in the Automotive Industry," Journal of Industrial Ecology, Yale University, vol. 22(5), pages 1066-1079, October.
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