By 2030, it is anticipated that passenger traffic will increase by 50% to exceed 80,000 billion passenger-kilometers and freight volume will grow by 70% globally. With more than half the world’s population living in urbanized areas today, modern cities and transportation systems have a critical role to play in accelerating the clean energy transition. Cities are home to a variety of energy-intensive sectors and major transport systems that support the creation of over 80% of global GDP. From electric scooters and electric buses to energy efficient appliances and the sharing economy, electrification is driving investment in a wide range of technologies and business models, including clean transit options, charging infrastructure, and urban sustainability improvements in smart cities around the world.
