The US needs 100x more EVs to reach net zero by 2050 – report
The US achieving net zero by 2050 is possible, and a new report released today maps how it can get there with EV adoption at scale.
The ICF Climate Center, a climate and environment research arm within global consulting firm ICF, released a new report today, “Zeroing in on Climate Change,” that asserts the US can achieve net zero through three “super solutions”: EVs, building decarbonization, and clean energy.
ICF is among the world’s oldest and largest climate consultancies – it’s worked with the Environmental Protection Agency and the US Department of Energy from their inception.
The report’s researchers found that US federal agencies, state and local governments, and utilities will need to work together to increase EVs by 100x the current number of EVs on the road, install more than 1 billion decarbonization measures in buildings, and increase renewable energy to 85% of total electricity generation to meet US climate goals.
The report also modeled the impact of the Biden administration’s Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA), and found that the two laws alone could reduce enough greenhouse gas emissions to get the US halfway to its climate goals.
You can read the full report here to check out the details of the ICF Climate Center’s recommendations for clean energy and building decarbonization, and we’re going to take a closer look at the EV “super solution” below.
What 100x more EVs looks like
Around 2 million EVs were on the road at the end of 2022. The US needs some seriously aggressive EV growth: It needs to reach more than 44 million EVs on the road by 2030 and nearly 240 million by 2050.
ICF’s modeling shows that the BIL and the IRA’s funding and tax credits could increase the number of EVs on the road by 2030 to nearly 35 million. The two laws will yield a total of 93 million EVs on the road by 2050. But that’s not enough, because that’s 150 million less than the US needs.
In order to grow EVs by 100x, the report says that the US needs to scale up battery manufacturing, get consumers excited about EV sales, increase the number of public EV charging stations, and expand electric public transportation, which would significantly benefit disadvantaged communities.
In other words, we have to ditch the gas cars.
ICF doesn’t feel the EV target is insurmountable, but writes that “additional investments, regulations, and policies for transportation electrification” are needed.
Michael Jung, executive director of the ICF Climate Center, said:
The US is making major progress on the climate goals it set just two years ago, and more can be done.
While the current progress alone won’t achieve US climate goals, technologies and approaches that exist today could help get the US all the way there.
Read more: Here’s how solar and wind kept the Texas grid online in 2023’s brutal summer heat
Photo: Tesla
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Germany is about to become home to Europe’s largest battery storage system – a massive 1 gigawatt (GW) / 4 gigawatt-hour (GWh) project in Jänschwalde, Brandenburg.
LEAG Clean Power GmbH and Fluence Energy GmbH, a subsidiary of US-based Fluence Energy (NASDAQ: FLNC), are teaming up to build the “GigaBattery Jänschwalde 1000.” The four-hour system will use Fluence’s Smartstack technology, its latest large-scale energy storage solution.
Once complete, Europe’s largest battery storage project will play a key role in stabilizing Germany’s grid and storing renewable power for when the sun isn’t shining and the wind isn’t blowing. It’s designed to deliver essential grid services, support energy trading, and boost energy security as the country phases out fossil fuels.
LEAG’s broader “GigawattFactory” plan combines solar and wind farms with flexible power plants and large-scale batteries across Germany’s Lusatian energy region. “By constructing gigascale storage facilities, we’re addressing one of the biggest challenges of the energy transition: ensuring constant power regardless of the availability of renewable energies,” said Adi Roesch, CEO of the LEAG Group.
Fluence CEO Julian Nebreda described the project as a “milestone for the energy future of Germany and Europe,” adding that it demonstrates how collaboration and cutting-edge technology can “transform the foundation of our economy and our everyday lives.”
The German government recently reaffirmed the importance of storage in building a secure and affordable clean power system. With this 4 GWh giant, LEAG and Fluence are implementing that priority in one of Europe’s most coal-heavy regions.
Read more: Battery boom: 5.6 GW of US energy storage added in Q2
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![The Genesis GV90 is shaping up to be a real stunner [Video]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/Genesis-GV90-ultra-luxury-SUV.jpeg?resize=1200,628&quality=82&strip=all&ssl=1)
The GV90 will be the brand’s largest, most luxurious SUV yet. With its official debut coming up, a production version of the Genesis GV90 was spotted in public for the first time, offering a closer look at the stunning SUV.
The Genesis GV90 is a stunning flagship SUV
Genesis vehicles already have a unique design that’s hard to miss. The big Creste Grille, Two-Line Quad Lamps, and smooth character lines offer a refined, luxurious look, but Genesis is planning to take it to the next level with the GV90.
The GV90 is an “ultra-luxe, state-of-the-art SUV,” according to Genesis. It will be the luxury brand’s new flagship vehicle and first full-size electric SUV.
We got our first look at the flagship SUV last March after Genesis unveiled the Neolun concept at the New York Auto Show.
The GV90 has been spotted out in public several times now, even flashing high-end features like coach doors and adaptive air suspension, but now, we are finally getting our first look at the production version in real life.
A new video from HealerTV shows the production version of the Genesis GV90 in action. Although it’s still covered in camo, you can see a few slight design changes from the concept shown last year.
The headlights and grille appear closer in design to its current vehicles, but other than that, the GV90 looks essentially the same up front as the Neolun concept.
Since it’s still covered, it’s hard to see where the headlights are connected at this point. From the side and rear, the GV90 looks identical to the concept.
Genesis has yet to announce an official launch date, but the GV90 could debut by the end of the year with sales expected to kick off in mid-2026.
The flagship SUV is rumoured to be the first vehicle to debut on Hyundai’s new eM platform, which it claims will “provide 50% improvement in driving range” compared to its current EVs. It will also serve as a tech beacon, featuring Hyundai’s most advanced connectivity and safety tech.
We will learn official prices and final specs soon, but one thing is for sure: it won’t be cheap. The Genesis GV90 is expected to start at around $100,000, but higher trims could cost significantly more with added features and options.
Genesis is also introducing its first hybrid, the GV80, next year, followed by its first extended-range electric vehicle (EREV) based on the GV70. The EREV is expected to launch in late 2026 or early 2027. There’s also an off-road SUV in the works, which will likely arrive as a 2027 model.
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