A big reason electric vehicles matter is because they're among the many tools experts see playing an important role in limiting global warming.
The big picture: That chart's part of the International Energy Agency's analysis this month of sweeping changes to global energy systems that would be needed to achieve net-zero greenhouse gas emissions by 2050.
Lucid Motors CEO Peter Rawlinson is about to start producing a high-performance luxury electric sedan that costs far north of $100,000, yet claims Lucid can help EVs become an affordable mass-market — and wants federal help.
The big picture: "My passion, and the vision and the mission for the company, is to truly mass industrialize the electric car, the electric powertrain in a way that no one has done," Rawlinson said in an interview in Washington, D.C.
The dust is still settling after Wednesday brought new legal and investor pressure on some of the world's biggest oil companies to get more aggressive on climate.
What we're watching: Via Bloomberg, the group that won a major Netherlands court ruling against Royal Dutch Shell is now laying the groundwork for cases against more fossil fuel companies.
