{"id":641945,"date":"2017-08-02T04:07:11","date_gmt":"2017-08-02T04:07:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/02\/imf-data-prove-electric-cars-are-not-just-a-passing-fad\/"},"modified":"2017-08-02T04:07:11","modified_gmt":"2017-08-02T04:07:11","slug":"imf-data-prove-electric-cars-are-not-just-a-passing-fad","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/02\/imf-data-prove-electric-cars-are-not-just-a-passing-fad\/","title":{"rendered":"IMF data prove electric cars are not just a passing fad"},"content":{"rendered":"

IMF data says electric cars aren\u2019t just a fad. <\/strong>In a working paper, the Fund tracked the growth<\/a> in electric car use against that of combustion engine motor vehicles and found that the connection runs almost parallel to the disruptive impact motor vehicles have had on the horse and carriage nearly a century ago. Using the horse-car parallel, the paper forecasts that by 2040 motor vehicles would mostly disappear in advanced economies and could comprise about a third of the fleet of all cars in emerging market and developing economies.<\/p>\n

Want a glimpse of what you might be driving?<\/strong> We had the chance to check Tesla\u2019s offerings recently and were impressed. And that was just a couple of weeks before the launch of the Model 3<\/a>, of which Bloomberg has written: \u201cDriving Tesla\u2019s Model 3 Changes Everything:<\/strong><\/a>
\n We took one out for a spin, and have little doubt the age of electric cars has arrived<\/strong>.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

IMF data says electric cars aren\u2019t just a fad. In a working paper, the Fund tracked the growth in electric car use against that of combustion engine motor vehicles and found that the connection runs almost parallel to the disruptive impact motor vehicles have had on the horse and carriage nearly a century ago. Using […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641945","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4291730b-81d7-4076-920e-69a4b36e3a46","order":"0","is_powered_by":true,"section_story_id":"8c806e57-862c-401b-bbcc-e852b208c4eb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641931],"teaser":"","voice_url":""},"yoast_head":"\nIMF data prove electric cars are not just a passing fad - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/02\/imf-data-prove-electric-cars-are-not-just-a-passing-fad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF data prove electric cars are not just a passing fad\" \/>\n<meta property=\"og:description\" content=\"IMF data says electric cars aren\u2019t just a fad. 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The company invested north of EUR 10 bn (USD 12 bn) to come up with the vehicle, which is set to be first in Mercedes\u2019 new electric-powered EQ Series. Porsche, Audi, and Jaguar all plan to roll\u2026","rel":"","context":"In "Image of the Day"","block_context":{"text":"Image of the Day","link":"https:\/\/enterpriseam.com\/egypt\/category\/image-of-the-day\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/9\/695.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604516,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/no-subsidies-for-electric-car-charging-in-egypt-companies-seeing-potential\/","url_meta":{"origin":641945,"position":1},"title":"No subsidies for electric car charging in Egypt, companies seeing potential","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"No subsidies for electric car charging stations? The Electricity Ministry will not subsidize electricity sold to recharge electric vehicles, Electricity Minister Mohamed Shaker is quoted as saying by the domestic press. To do so would only inflate the nation\u2019s subsidy bill. 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