As demand grows for electric vehicles, where does mobility go from here?

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Have you recently switched to an electric car? As more consumers are opting for electric vehicles and other low-emission transport alternatives, it is an exciting time for companies throughout the mobility system, especially the auto industry. With transportation currently accounting for 19 percent of all greenhouse-gas (GHG) emissions, now is the time to capitalize on the growing demand for vehicles that are helping to combat climate change. Explore these opportunities in a new article, and get smart about the risks and rewards of the industry’s transition to a net-zero future.
— Katherine Tam, digital editor, New York
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Mobility's net-zero transition: A look at opportunities and risks
A transition to net-zero emissions would entail much greater demand for electric vehicles. McKinsey analysis shows how the shift could create opportunities and risks for automakers around the world.
Make better moves
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“If we’re to be serious about net zero, we’re going to have to focus not just on more rapid cuts in emissions in the future, but also carbon removal… We never talk enough about carbon removal. And for me, that is a huge missing part and also a massive opportunity for governments and the private sector.”
—Claire O’Neill, co-chair of the WBCSD Imperatives Advisory Board, on the growing role of business in the net-zero transition in a new episode of McKinsey Global Institute’s Forward Thinking podcast
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Globally, sustainable energy and low-carbon solutions top national and corporate agendas. For regional energy players, the time to commit to new, planet-friendly ventures is now.
Five key capabilities >
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