Race to Carbon Neutrality: Electric Vehicles in China and the United States
The year of the Ox came riding in on an electric vehicle (EV) with news that both the United States and Chinese governments were accelerating efforts to expand EV markets. In 2020, China sold 41 percent of the world’s EVs and now, the United States wants to be in the race too. On January 1 of this year, China’s Ministry of Finance slashed subsidies on electric, plug-in hybrids, and fuel cell automobiles by 20 percent, which is around 9 percent of the average retail price. By the end of 2022, it will halt subsidies in an EV Darwinism move as it did with solar PV panel companies to give a boost to the strongest players. Also in January, the Biden Administration announced a plan to electrify 645,000 federally procured vehicles.
First published on
Local government budgets have been stretched and strained during the past year in previously unimaginable ways. Even with hundreds of billions of dollars in help potentially on the way to state and municipal operations, collection services are still expected to face worker absences and record levels of trash and recycling to manage.
The circumstances have required certain haulers and municipalities to at least temporarily change the services they offer. Still, some companies and governments are weighing imminent investments in new, customizable technologies aiming to make collection safer and more efficient, while lowering fleets’ environmental impact one of the buzziest and most capital-intensive areas being around electric trucks.
Share it
This story is part of the Waste Dive Outlook on 2021, a series on the trends that will shape the industry in 2021. For a look at the business trends affecting other industries, see the Dive Outlook on 2021.
Local government budgets have been stretched and strained during the past year in previously unimaginable ways. Even with hundreds of billions of dollars in help potentially on the way to state and municipal operations, collection services are still expected to face worker absences and record levels of trash and recycling to manage.
The circumstances have required certain haulers and municipalities to at least temporarily change the services they offer. Still, some companies and governments are weighing imminent investments in new, customizable technologies aiming to make collection safer and more efficient, while lowering fleets’ environmental impact one of the buzziest and most capital-intensive areas being around electric trucks.