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electric vehicle revolution but
electric vehicle revolution but
So, this article derives from a report by “MIT energy“. This reputable energy company are stating that the Lithium-Ion battery driven cars. Thus, will always be more expensive than their fossil fuel alternative. This is good news to the millions of us in the motor trade. Of course, that rely on the older technology cars to make our living.
So, to bring this story up to date! Here in 2020 the whole planet has been hit by the terrible “Covid 19 Virus“. Because of lockdowns then the government have had to pay out billions of pounds to prop up the economy.
So, moving forward thing financially are going to get very tough! Both for individuals and companies large and small. What’s this got to do with electric cars you may ask?
Money will go on other priorities
Well like most other financial crisis that I have witnessed then things are going to get tougher. Tougher financial restrictions mean that the government have to make spending priorities. So, in my opinion the electric cars and other green issues will be put on the back burner.
I am sure that the politicians will still be shouting about it but in reality the money will go else where. Greeting all, I have been contemplating the rapidly expanding market of electric vehicles lately and if it might be decelerating or even ceasing.
I have observed a few things that have intrigued me and would like to share them with all of you.
Range issues:
Although electric cars appear to be excellent, the electric vehicle revolution but, capacity still carries some considerable issues. Range anxiety can be a source of frustration when you have to plan your outings to include stops for charging stations. Moreover, the production and disposal of batteries for electric vehicles also does not benefit the environment.
The lack of charging infrastructure is a major issue –
it’s not like a petrol port where you can just fill up your electric car. It appears there are not enough charging stations for the ever-growing number of electric vehicles.
The escalating availability of non-conventional fuels has received considerable attention recently, such as hydrogen fuel cells. Some people believe this could replace the demand for electric vehicle revolution but!.
If these alternative fuel sources become more commonplace, it could lessen the effect of the difficulties of charging for those in rural areas or with fewer charging stations.
Costs may be limiting: While the cost of electric cars has dropped, they can still be more expensive than gas-powered vehicles. Replacing a battery carries a significant price tag that may deter some from switching over. This cost is often greater than the financial return for many people.
Continued reliance on non-renewable sources:
Ultimately, the electricity used to charge these vehicles is produced mostly by burning fossil fuels. Thus, it stands to reason that the widespread adoption of electric cars will not lead to a reduction in reliance upon fossil fuels.
So although electric vehicles may not release any pollutants themselves, the overall outlook may not be as clean as we’d hope. I’m not saying that EV technology is doomed, but there might be obstacles to its growth. What’s your opinion?
This interesting article is well worth a read ?
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An MIT analysis finds that steady declines in battery costs will stall in the next few years.
Source: Why the electric-car revolution may take a lot longer than expected – MIT Technology Review
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