.. Electrical Vehicle As A Threat To Cng Business
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11 Jul 2019

Summary

  • As once said by Elon Musk, Founder and CEO of SpaceX and Tesla Inc. "We will not stop until every car on the road is electric". What he meant by this is that our future stands on the brink of an electrical transcendence. There are around 1.2 billion vehicles in the world contributing to carbon emission and this number is estimated to go up to 2 billion by 2030. With carbon emission rising up to an all-time high of 37.1 billion tonnes, the need of the hour is to opt for alternative sources of living and reduce carbon emissions. On the other hand, there are about 5.3 million electrical vehicles in the world. China is currently the global leader and accounts for nearly 40% of the world’s t......

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