KAPSARC – Breaking Down Barriers: Emerging Issues on the Pathway to Full-scale Electrification of the Light-Duty Vehicle Sector

The main theme of the document is the full electrification of the light-duty vehicle (LDV) sector as a pathway to achieving net-zero greenhouse gas emissions.

The study examines potential barriers and challenges on the path to full LDV electrification. A multi-criteria decision-making system is used to assess interrelationships and hierarchies among identified barriers. Key findings include identifying barriers such as charging inconvenience, uncertainty about the initial EV price, operational cost savings, and policy changes. Supply constraints in the critical metals market and potential oligopoly in the international battery materials market are also highlighted as significant independent barriers.