The Future of Mobility: Potential and ESG Challenges of Alternative Drives
FEBRUARY 27, 2020
The transport sector is responsible for a quarter of global greenhouse gas emissions, as well as related environmental and social challenges such as air pollution and noise emissions. This is fueled by the continued use of combustion engines in passenger transport. Against this background, there is increasing regulatory and economic pressure on producers of automobiles, buses, trains, and component suppliers to reduce the emissions of their products and develop sustainable mobility solutions. Alternative fuel vehicles powered by alternative drive technologies – namely, electric and fuel cell vehicles – are crucial to reduce emissions in the passenger transport sector. But these technologies also come with their own set of challenges.