Energy Economics Weekly Briefing: Global Electric Vehicle Sales
This week's takeaways:
- Electric vehicle sales are growing at a double digit pace.
- Electrified vehicles are one pathway to increased vehicle automation and cutbacks in emissions.
- But this trend will likely play out over several years, even if you think autonomous vehicles are coming quickly.
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About this project
Energy Economics Weekly Briefings, by UMEI Senior Economist Ellen Hughes-Cromwick, will feature an economist's look at the national transportation, energy, economic, and environmental landscape.
Hughes-Cromwick recently completed an appointment as Chief Economist of the U.S. Department of Commerce during the Obama Administration. At the Department of Commerce, Hughes-Cromwick worked on several administration initiatives to improve data quality, measure the digital economy, and expand manufacturing, trade and investment. She assisted Commerce Secretary Penny Pritzker on global macroeconomic matters in support of her commercial diplomacy, trade, and foreign direct investment initiatives. Hughes-Cromwick also supported the development of the Obama Administration’s economic forecast.
Prior to joining the U.S. Department of Commerce, Hughes-Cromwick was chief global economist at Ford Motor Company and an Adjunct Professor at U-M’s Ross School of Business. She led Ford’s global corporate economics group with major responsibility for the Company's global economic, financial, and automotive industry forecasts used to support business strategy, finance, and planning.