Plan to make 5 million electric cars in 8 years! What is the cause behind this?

 

By 2030, the world's top automakers are planning to invest nearly $1.2 trillion in electric vehicles, including batteries and raw materials.  This is according to a study based on the information received from all these organizations.

• What's the story?

A year ago, the study claimed that top automakers would ramp up the production of electric vehicles.  They said that the amount of investment that will be made in that case, the new figures show that the amount of investment is double.

It is believed that car manufacturers are turning to electric vehicles for two reasons.  First, the pollution caused by gasoline-diesel vehicles around the world.  Secondly, the subsequent increase in the price of petroleum products in the world market. 

What's next?

greenhouse petrol-diesel vehicles are responsible for around 16 percent of carbon emissions in the environment.  Almost all the countries of the world have long ago taken the pledge to reduce carbon and 'greenhouse gas emissions in order to improve the overall situation of the country.  Environmentalists and environmental scientists have repeatedly complained that first and third-world countries have not taken seriously the commitments made in the Kyoto Protocol in 1992.  After the United Nations Climate Change Conference (COP25) in 2019, protests to save the environment started.  Due to this various countries have demanded to be more aware of pollution.