Effects of the COVID-19 Pandemic on Automotive Electrification and Climate Goals

Más información sobre el libro

Academic Paper from the year 2024 in the subject Business economics - Economic Policy, grade: 2, language: English, abstract: Electrification of automotive has, in recent years, proven to contribute positively to the achievement of climate goals. The measure stems from electrification's capability, reducing carbon dioxide emissions into the environment, thus sustaining the ecosystem. The electrification of the automotive sector has been among countries' goals to counter the effects of climate change. This research delves into the impact of the COVID 19 pandemic on the automotive sector's electrification and its constant goal to ensure the achievement of climate goals. It further seeks to compare the level the electrification had reached before and after the pandemic. This research will undertake several methodological steps in attaining the objectives of the study. These will include surveys, inferential, statistical, and descriptive analysis. The findings will help us determine whether the COVID 19 has affected the automotive sector, its electrification process, and the impact in achieving climatic goals.