Investors Are Taking Notice of This New Electric Vehicle Crypto Project, Just $100,000 Left in Presale

cryptonews.com:

Electric vehicles (EVs) are set to play a crucial role in the drive for a more environmentally-sustainable transport system. According to recent data published by the European Automobile Manufacturers Association (ACEA), fuel and diesel-powered automobiles accounted for 52.8% of global vehicles. 

However, the data does not stop there. The report also states that about 25.1% of total registered vehicles in the European bloc were hybrid electrics and battery electric, snapping up a sizable 10%. This change in trajectory shows a growing consensus amongst world leaders to pivot towards renewable energy in facilitating the movement of goods and services. While this shows promise for the EV industry, it grossly eliminates the end users of these battery-powered vehicles.

A new project is looking to change this narrative by providing a decentralized template that enables anyone to actively participate in the slashing of global greenhouse emissions from the comfort of their cars.

Climate experts and world governments have explored several options to reduce the global warming pandemic. One such solution has been the use of carbon credits. The concept sounds elitist, but it is quite simple. The idea is that people are granted permits to emit a certain amount of carbon dioxide into the atmosphere. Once they exceed their emission levels, they are required to buy more of these permits or credits, and if underutilized, they can sell the excess to another person.

The general pivot around this is to force the global populace to find innovative means of generating energy. While there is a growing ecosystem dealing in this industry, the carbon credit ecosystem is a gated or fenced city, and only companies are granted easy access. This is