New EV20 Alliance Targeting 1M Additional Electric Vehicles on Road by 2015

A new global alliance comprising businesses and government leaders and led by the international NGO, The Climate Group, set an ambitious target to put one million additional EVs on the road by 2015, on top of EVs that automakers are already planning to bring to market.

Businesses joining the EV20 alliance included global fleet owner TNT, auto manufacturers PSA Peugeot Citro├źn and Smith Electric Vehicles, battery manufacturer Johnson Controls, Better Place and Deutsche Bank. The state governments of Basque Country, New York State, Quebec, South Australia and Victoria also joined the group.

Chaired by HSH Prince Albert II of Monaco, the alliance was formally announced at the Opening Ceremony of Climate Week NYC.

EV20 members agreed to work together over the next three years to pursue targets that they believe will change the game on the EV market. The business and government partners aim to achieve this through brokering international fleet procurement alliances, developing national, state and municipal policy frameworks, and financing solutions.

The Climate Group’s EV20 meeting in New York City is the latest in a series of meetings to build an international coalition of the willing to rapidly advance the commercial deployment of EVs around the world. There will be further meetings at the UN climate talks in Cancun (Mexico) later this year. The alliance is made possible with support from Prince Albert II of Monaco Foundation, Dutch Postcode Lottery and the HSBC Climate Partnership.

The Climate Group had announced that it would establish an EV20 Working Group at its Climate Leaders’ Summit in Copenhagen in December 2009 ahead of a formal launch in 2010. The EV20 initiative will focus on sharing best practice in policy and in finance, and EV fleet procurement.

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