What’s the future for Electric Vehicles?
The carbon footprint has become a major point of conversation among environmentalists, scientists, engineers, and politicians over the last few years. There is a good reason for it, given how carbon emissions are at their peak and causing havoc with the global climate systems.
The changes required can be compared to a great revolution, and it is already underway. The automobile industry is geared up to make the transition from high emission to low or no emission vehicles in the next 10 to 15 years. This quiet revolution rides on the back of electric vehicles, which are being hailed as the vehicles of the future.
The Role Electric Vehicles Will Play in the Future
Different nations are at different stages in the adoption of electronic vehicles. For the USA, the future of electric vehicles is looking up. With an investment of $225 billion, automobile manufacturers are committed to getting their fleets electrified in the coming five years. It is projected that by the end of 2025, at least 130 different makes of electric vehicles will be up in the market, available for the common man to choose from. The investment alone is a promise of how serious the endeavor is that can bring tangible benefits to the consumer, the economy, and the environment.
In the latest edition of a report titled the Long-term Electric Vehicle Outlook, BloombergNEF stated that by 2025, nearly 10% of passenger vehicles across the globe will be EVs. That figure is also projected to hit 28% in 2030 and rise to 58% by 2040. There are also infrastructural developments going on, with 63000 public charging stations already set up in the United States. That figure is estimated to rise drastically in the coming years with automobile manufactures and other companies teaming up with electric utilities for the widespread availability of charging stations.
There are also a number of new entrants in the automobile industry. They are committed to building personal zero-emission vehicles like delivery vans, pickup trucks, buses, and other automobiles demanded by businesses looking to invest in new technology.
Are Electric Vehicles Popular?
As with anything new, there are factors contributing to its resistance, like price, convenience, and quality. A common question is “What can EVs give us that our regular cars cannot?” Those who are already in possession of electric vehicles are converts. That is because EVs can vouch for great savings in terms of fuel cost. Cleaner air to breathe in the long term can do wonders for public health as well. As far as the cost is concerned, the price of batteries has decreased considerably and a further reduction in prices to make them more affordable is in projection. However, in a survey by AAA, 63% of car users said that there are not enough charging stations for EVs.
The Biggest Hurdle on the Road to the Future is Infrastructural
EVs require proper charging and fueling infrastructure to be in place before it can be viable as the new mode of transport. Currently, there are simply not enough charging stations across the US or around the globe to support the shift from carbon-based cars to electric vehicles. With proper government policies and visionary private investments, soon there can be enough stations for charging vehicles.
Right now, the good news is that 60% of Americans own more than one private vehicle and have enough place to charge their cars. With the public infrastructure in place, EVs can become as popular and common as they are meant to.
Why hire the Click Experts?
Working with service providers like The Click Experts who provide professional services for the installation and maintenance of charge stations, can make the transition quicker and smoother for all.
Get in touch with The Click Experts today to know more about the installation and maintenance of charge stations.