The Electric Vehicles Initiative (EVI) is a multi-government policy forum dedicated to accelerating the introduction and adoption of electric vehicles worldwide. In 2010, EVI was one of several initiatives launched under the CEM.
The initiative seeks to facilitate the global deployment of 20 million EVs, including plug-in hybrid electric vehicles and fuel cell vehicles, by 2020.
EVI will enable progress toward this goal by:
EV Stock Targets (select EVI members)
Note: A 20% compound annual growth is assumed for countries without a specific stock target (i.e., only a sales target), or with targets that end before 2020.
To encourage progress towards its goal of facilitating the global deployment of 20 million electric vehicles (EVs) by 2020, EVI supports pilot projects, analyzes key technology and investment gaps, and encourages the exchange of information such as best practices, deployment targets, and research and demonstration results.
Vehicle electrification has the potential to enhance energy security and reduce carbon emissions through significant reductions in petroleum consumption. It also provides an opportunity to bring about sustainable economic growth and build new industries based on innovation and technological advancement. Governments can enable the widespread deployment and acceptance of electric vehicles (EVs) by pursuing a variety of smart and complementary policies, including the following: