Geneva motor show: the electric car revolution could begin before Europe is ready
The Geneva motor show 2019 is a car show where they say the electric car revolution is about to begin. Sales of electric vehicles are growing rapidly, but in comparison…

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Used batteries from electric vehicles can disrupt the energy sector and create value for energy storage
The battery does not expire after it has already exhausted its initial use in an electric vehicle. Batteries have great potential for reuse in stationary energy storage systems. In addition,…

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5 records set by Renault electric vehicles
Thanks to new technologies, rapidly growing market, huge investments from manufacturers, electric mobility is on the way to the revolutionary development of tomorrow's transport and that's why! Wireless charging of…

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Electric cars are a triple win for climate, clean air and the economy

The production of electric vehicles is still more expensive than the production of their gasoline competitors, but policy changes and market expansion can quickly change in favor of electric vehicles.

Technical and economic studies show that the average cost of electric cars can become the same as that of cars with ice over the next 8 years and even earlier. When fuel economy is taken into account, electric cars may be cheaper in some markets, and automakers may make profits comparable to or greater than gasoline-powered cars by 2025 or earlier.

In order to achieve a reduction in the price of electric vehicles, it is necessary to constantly expand the market and increase competition, which leads to innovations in design and production, as well as to take key policy decisions to stimulate the purchase of electric vehicles, in particular to give access to benefits and discounts for the purchase of electric vehicles, to regulate CO2 emissions standards and vehicles that encourage an increase in the supply of electric vehicles, and to invest in a charging infrastructure that makes driving electric vehicles more convenient.

Not only can electric cars reduce emissions that contribute to climate change (even on fossil-fuel power systems), they will also save individuals, governments and society trillions of dollars while reducing respiratory diseases and mortality.

So why do so many people continue to believe that electric cars are too expensive? Partly to blame the joint misinformation campaign of those who can lose. Even dispassionate analysts sometimes fall into the trap of considering only short-term costs, with some believing that every ton of greenhouse gases exposed to electric vehicles will cost hundreds of dollars. These estimates generally do not take into account the potential for cost reduction resulting from policies that stimulate market expansion.

If we hope to limit the damage from climate change, sales of electric cars should exceed sales of cars with ice in the next 10-15 years, which implies almost the same growth rate as that of smartphones over the past decade.

Going beyond cars and trucks, the promise of lower cost on batteries and electric motors can also economically transform buses, delivery vehicles, and perhaps even long-range trucks.

How to develop the global market for commercial electric vehicle segment

Electric cars are a triple win for climate, clean air and the economy. To take advantage of these advantages, strategies are needed that further expand the market. In the not so distant future, electric cars will be associated not only with luxury, but also with necessity.

Autopilot & Full Self-Driving: what Tesla Autonomous driving systems include
Since 2014, Tesla has been selling its electric cars with an Autonomous driving system that uses a variety of cameras, radars, and ultrasonic sensors located around the car. The system…

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Depreciation of electric cars is happening faster than anticipated: in 2022 electric cars will become cheaper than internal combustion engine cars
Every year BloombergNEF analyzes the cost of buying an electric car in all major parameters and compares it with the cost of a car with an internal combustion engine of…

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Charging infrastructure of Ukraine does not keep up with the growth of the number of electric vehicles
The infrastructure for electric vehicles, and primarily charging stations, is developing more slowly than the number of electric vehicles is growing. This applies to all countries where electric cars are…

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What can France tell the world about selling electric cars?
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