Overview

International Legislation: At COP26, over 100 national governments, cities, states and major businesses signed the Glasgow Declaration on Zero-Emission Cars and Vans to end the sale of internal combustion engines by 2035 in certain leading markets and by 2040 worldwide. At least 13 nations also committed to end the sale of fossil fuel powered heavy duty vehicles by 2040.

Examples of National Legislation (Demand Side):

ICE Ban Year

EV Incentive

YTD 2021 Plug-in Market Share

Norway

No purchase or VAT tax

Netherlands

€4,000 subsidy, tax exemptions

Examples of National Legislation (Supply Side): Global themes of regional autonomy in battery supply chain and technology development embodied in leading government programs:

EU: €2.9B European Batteries Innovation Project, EU Batteries Regulation, Horizon Europe

US: $17B DOE ATV Manufacturing Loan Program, Energy Storage Grand Challenge Policy

Extracted from the PDF; charts and images may read imperfectly.