Climate love
Image of IKEA Foundation

IKEA Foundation

Climate love

IKEA Foundation backs emerging market EV push with $100 million grant

A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the IKEA Foundation to help developing countries bypass gasoline-driven vehicles and go straight to the greener alternative.
Electric Vehicles is one category that is on track to meet Net Zero Emissions. Road transport accounts for 16% of global emissions. Recent years have seen exponential growth in the sale of EVs, together with improved range, wider model availability and increased performance.
Image of post in post detailed view

Do you agree?

31 more agrees trigger contact with the recipient

  • George Kariuki

    2 w

    This is huge for emerging economies and the fight against climate change. Let's hope this inspires other big corporations to invest in sustainable solutions for the developing world.

    • Elizabeth Gathigia

      2 w

      Thanks to IKEA for giving a helping hand to boost Electric vehicles uptake👏👏 EVs are the future

      • dickson mutai

        2 w

        By focusing on upcoming markets, they're not only reducing emissions but also fostering economic growth and innovation. A wonderful initiative with far-reaching benefits

        • Jane Wangui

          2 w

          Good job IKEA for the great step in ensuring that the amount of pollution caused by fossil fuels is reduced by the use of electric vehicles.

          • Princess

            2 w

            This initiative sets a great example for other organizations to follow suit in supporting renewable energy and sustainable transportation solutions.

            • walter lungayi

              2 w

              The IKEA Foundation's $100 million grant is a significant and positive step. This investment demonstrates a commitment to sustainable transportation and aligns with efforts to reduce carbon emissions, contributing to a cleaner and greener future.

              Welcome, let's solve the climate crisis together
              Post youtube preview with preloading
              youtube overlay

              Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.

              Write a climate review

              Voice your opinion on how businesses and organizations impact the climate.
              0 trees planted

              One tree is planted for every climate review written to an organization that is Open for Climate Dialogue™.

              Download the app

              We plant a tree for every new user.