Stimulus packages around the world could help a rise in electric vehicles (EVs) sales and speed up progress in decarbonization in the transportation sector, the International Energy Agency (IEA) said on Monday, noting that recovery packages should reflect the change in the global car fleet over the past decade. Since 2009, the global automotive fleet has moved towards a decline in diesel cars, a rising share of SUVs, and growth in EVs, the latter of which were virtually non-existent a decade ago. “Reflecting these differences in today’s stimulus packages can accelerate progress towards transport decarbonisation goals,” energy policy analysts and program managers at the IEA said in the analysis. “Connecting incentives to fuel efficiency standards sets a clear and ambitious policy direction that supports the transformation of the automotive sector through a larger uptake of electric vehicles,” the authors said. Global electric car sales reached almost 2.1 million in […]