Transport accounts for 23 per cent of global CO2 emissions, and 74 per cent of this is from road vehicles. However, the automobile industry is in flux. The market for electric vehicles (EVs) is growing rapidly, composing 2.5 per cent of new vehicle sales in 2018 (a 68% year-on-year increase).

This rapidly growing market, propelled by falling costs and supportive government policy, could turn the tide of rising transport emissions.