EV: AUTOMOBILE TECHNOLOGY MINUS THE VROOM FACTOR
The best way you can contribute is to either switch to clean fuel or go completely electric.
In this two-faced article we will be covering the technology behind EV and Hybrid technology vehicles, and also the commercial aspect of it addressing the current issues faced by the society, private investors and government sector alike, and plausible solutions to achieve net-zero emissions by 2050. To give you a brief history of cars, the first motor car was invented by Car Benz in 1886 where he had a vehicle powered by a gas engine. Surprisingly, the first electric car was made by Scotsman Robert Anderson somewhere between 1832 and 1839 but was lost for decades until General Motors released the first fully functioning EV in 1996.
Before we get on with the technology behind EV and Hybrid vehicles, we need to understand why we needed it in the first place. Electric Vehicles were built for the sole purpose of innovation in the field of science and automobile. As the years passed, it became a status quo for luxury which only a handful of folks could afford. By the mid-2000s, electric scooters were a fad. They made it affordable, durable and safe. Then came fast electric cars and hybrid technology, which account for just 4.6% as of last year. Now the world has an aim of getting the EV sales to 60% by 2030 and eventually 75% by 2050 with passenger and heavy-lift vehicles in the mix.
The conventional car has a petrol/diesel tank and an internal combustion engine, and the vehicle runs on pure mechanics. In an Electrical Vehicle, there is a battery that replaces the fuel tank and an electric motor running the car using electricity. So instead of a gas station, you would go to an EV charging station to recharge the batteries. Hybrid technology as the name suggests comes with a plug-in socket where you can also charge the car and run it on only electric mode for few miles. With climate change impacting our globe drastically, and to keep the carbon emissions to the minimum, the International Energy Agency has set net-zero goals for electric vehicles by 2050. Apart from the fact, that it gives you a green tag, the latest advancements in the field of EV also let you save energy and be more efficient with the running costs.
Moving onto the current issue faced by the countries across the globe is infrastructure. Imagine your car is old and you are planning to buy a new car. You are intrigued by electric cars and want to buy them. But you know that you will have to charge it more often than you fill up gas in your normal car. Then you do online research on the charging stations, and there is the problem. From an economics perspective, there are manufacturers ready to produce EVs in mass. But people won’t buy it due to its high costs, and lack of infrastructure. Since there aren’t many customers buying even with high demand, the costs of these cars remain high. So, it’s a vicious cycle between reduced costs, necessary infrastructure and reluctance to purchase.
Now that you understand, how we got here, EV technology and the crisis of the cycle, your next question would be, what is the solution to break this cycle? The answer is innovation and rigid commercialization of the same. There are numerous organizations in different countries trying to establish an EV system in the transportation sector. The IEA has set a global goal for EVs, but to fulfil these goals each country has to work nationally to spread awareness and having the necessary technology, resources and infrastructure in place, and we need to implement them right now! One such company is Save&Restore based out of Menlo Park, California partnered with WISE Power. Of the many products and services they provide, Save&Restore focuses on installing EV charging stations across the US to help the people and the government go green.
The best way you can contribute is to either switch to clean fuel or go completely electric. Given how we can effortlessly maintain and save energy at the same time with electric cars, I would say Go Electric!