Electric Vehicles

As environment concerns grow worldwide, one of the main targets in reducing greenhouse-gas emissions (GHG) is transport. Petroleum products represent 95% of the world’s transportation energy, including the Caribbean. Currently, its population is a relatively large GHG emitter (2.3 times higher than middle income countries, which is 2.9 times higher than Latin America and the Caribbean combined, and 96% of OECD countries), especially relative to its economic size – its GDP per capita is 23% of OECD countries.