Posts Tagged ‘New York City’

photo: Think

In The New York Times on Monday, I write about a new McKinsey report that looks at the potential for electric cars in three of the world’s “megacities” — New York, Paris and Shanghai:

New Yorkers, start your electric cars.

A report from the consulting firm McKinsey, scheduled to be issued Monday, found that about a fifth of New York City residents are “early adopters” likely to purchase an electric car. Such vehicles could account for 16 percent of automobile sales by 2015, with 70,000 electric and plug-in hybrid electric cars on city streets.

Even so, the city would only see a net two percent reduction in carbon emissions from the replacement of gasoline-powered cars by electric vehicles, or EVs, according to a summary of the report provided to The Times.

“Achieving a visible carbon effect from EV penetration will require a higher penetration of the fleet and further improvements in local power generation, with a higher share of renewables and less carbon-intensive technology in the future,” the report said.

Those findings were part of a study gauging the appeal of electric cars in three large cities – New York, Paris and Shanghai. The report’s release comes as electric vehicles take center stage at the opening of the Detroit auto show Monday.

You can read the rest of the story here.

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